New York State Teachers Retirement System Sells 116 Shares of Autodesk, Inc. $ADSK

New York State Teachers Retirement System trimmed its stake in shares of Autodesk, Inc. (NASDAQ:ADSK) by 0.1% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 201,664 shares of the software company’s stock after selling 116 shares during the quarter. New York State Teachers Retirement System owned about 0.09% of Autodesk worth $62,429,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of ADSK. OMNI 360 Wealth Inc. acquired a new position in shares of Autodesk during the 2nd quarter worth $359,000. E. Ohman J or Asset Management AB raised its holdings in shares of Autodesk by 1.8% during the 2nd quarter. E. Ohman J or Asset Management AB now owns 127,126 shares of the software company’s stock worth $39,354,000 after buying an additional 2,276 shares in the last quarter. Spire Wealth Management raised its holdings in shares of Autodesk by 2.5% during the 1st quarter. Spire Wealth Management now owns 2,075 shares of the software company’s stock worth $543,000 after buying an additional 50 shares in the last quarter. Sowell Financial Services LLC acquired a new position in shares of Autodesk during the 1st quarter worth $324,000. Finally, GK Wealth Management LLC acquired a new position in shares of Autodesk during the 2nd quarter worth $348,000. 90.24% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Autodesk news, Director Ayanna Howard sold 917 shares of the company’s stock in a transaction dated Monday, September 29th. The stock was sold at an average price of $325.00, for a total value of $298,025.00. Following the sale, the director owned 3,476 shares in the company, valued at approximately $1,129,700. The trade was a 20.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Ruth Ann Keene sold 2,761 shares of the company’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $315.10, for a total value of $869,991.10. Following the completion of the sale, the executive vice president owned 80,255 shares in the company, valued at $25,288,350.50. This trade represents a 3.33% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 35,386 shares of company stock worth $11,433,201. Corporate insiders own 0.15% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on ADSK shares. KeyCorp boosted their price target on Autodesk from $350.00 to $365.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Mizuho boosted their price target on Autodesk from $350.00 to $375.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Wells Fargo & Company boosted their price target on Autodesk from $360.00 to $375.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Piper Sandler boosted their price target on Autodesk from $361.00 to $373.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Finally, UBS Group upped their target price on Autodesk from $370.00 to $385.00 and gave the stock a “buy” rating in a report on Friday, August 29th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Autodesk presently has an average rating of “Moderate Buy” and an average target price of $359.13.

Autodesk Price Performance

Shares of ADSK opened at $299.82 on Friday. Autodesk, Inc. has a 12-month low of $232.67 and a 12-month high of $329.09. The business has a 50-day simple moving average of $308.63 and a two-hundred day simple moving average of $295.26. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.91. The stock has a market cap of $63.86 billion, a PE ratio of 62.07, a PEG ratio of 2.70 and a beta of 1.49.

Autodesk (NASDAQ:ADSK) last issued its earnings results on Thursday, August 28th. The software company reported $1.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.99). Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The firm had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.72 billion. During the same period in the previous year, the company earned $2.15 EPS. Autodesk’s revenue for the quarter was up 17.1% on a year-over-year basis. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. Analysts anticipate that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

About Autodesk

Autodesk, Inc provides 3D design, engineering, and entertainment technology solutions worldwide. The company offers AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; BuildingConnected, a SaaS preconstruction solution; AutoCAD, a software for professional design, drafting, detailing, and visualization; AutoCAD LT, a drafting and detailing software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and computer-aided engineering tool; and Industry Collections tools for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment collection industries.