Crux Wealth Advisors Raises Holdings in Autodesk, Inc. $ADSK

Crux Wealth Advisors increased its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 31.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,490 shares of the software company’s stock after buying an additional 596 shares during the period. Crux Wealth Advisors’ holdings in Autodesk were worth $771,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Beacon Financial Group raised its holdings in shares of Autodesk by 3.0% in the 2nd quarter. Beacon Financial Group now owns 1,130 shares of the software company’s stock valued at $350,000 after purchasing an additional 33 shares in the last quarter. Freedom Investment Management Inc. raised its stake in Autodesk by 2.4% in the first quarter. Freedom Investment Management Inc. now owns 1,473 shares of the software company’s stock worth $386,000 after buying an additional 34 shares in the last quarter. Financial Network Wealth Advisors LLC lifted its holdings in Autodesk by 34.9% during the first quarter. Financial Network Wealth Advisors LLC now owns 143 shares of the software company’s stock worth $37,000 after buying an additional 37 shares during the period. Oregon Pacific Wealth Management LLC boosted its position in Autodesk by 4.0% during the 1st quarter. Oregon Pacific Wealth Management LLC now owns 999 shares of the software company’s stock valued at $262,000 after acquiring an additional 38 shares in the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. increased its holdings in shares of Autodesk by 67.8% in the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 99 shares of the software company’s stock valued at $31,000 after acquiring an additional 40 shares during the period. 90.24% of the stock is currently owned by institutional investors.

Autodesk Stock Up 1.3%

ADSK stock opened at $303.66 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.91. Autodesk, Inc. has a 52 week low of $232.67 and a 52 week high of $329.09. The stock has a market capitalization of $64.68 billion, a PE ratio of 62.87, a price-to-earnings-growth ratio of 2.69 and a beta of 1.49. The firm has a 50 day moving average of $308.89 and a 200 day moving average of $295.72.

Autodesk (NASDAQ:ADSK) last posted its quarterly 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 company had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.72 billion. During the same period in the prior year, the business posted $2.15 EPS. The company’s quarterly revenue 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. Sell-side analysts forecast that Autodesk, Inc. will post 5.76 earnings per share for the current year.

Insider Transactions at Autodesk

In other news, EVP Ruth Ann Keene sold 2,761 shares of the firm’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $315.10, for a total value of $869,991.10. Following the completion of the transaction, the executive vice president directly owned 80,255 shares in the company, valued at $25,288,350.50. This trade represents a 3.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Ayanna Howard sold 3,159 shares of Autodesk stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $325.00, for a total value of $1,026,675.00. Following the sale, the director directly owned 4,393 shares of the company’s stock, valued at $1,427,725. This trade represents a 41.83% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 35,386 shares of company stock valued at $11,433,201 over the last three months. Company insiders own 0.15% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on ADSK. KeyCorp raised their price objective on Autodesk from $350.00 to $365.00 and gave the company an “overweight” rating in a research report on Friday, August 29th. HSBC set a $343.00 price target on shares of Autodesk and gave the company a “buy” rating in a report on Wednesday, October 1st. Citigroup boosted their price objective on shares of Autodesk from $376.00 to $393.00 and gave the stock a “buy” rating in a research note on Tuesday, September 2nd. Wall Street Zen downgraded shares of Autodesk from a “strong-buy” rating to a “buy” rating in a research note on Sunday, September 28th. Finally, Hsbc Global Res raised shares of Autodesk from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Autodesk presently has a consensus rating of “Moderate Buy” and a consensus price target of $359.13.

Autodesk Profile

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.