Autodesk, Inc. $ADSK Shares Acquired by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC raised its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 162.5% in the second quarter, Holdings Channel.com reports. The fund owned 6,408 shares of the software company’s stock after acquiring an additional 3,967 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Autodesk were worth $1,983,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. SouthState Corp lifted its holdings in Autodesk by 500.0% in the 1st quarter. SouthState Corp now owns 96 shares of the software company’s stock valued at $25,000 after acquiring an additional 80 shares during the last quarter. Costello Asset Management INC acquired a new stake in Autodesk in the 1st quarter valued at about $26,000. Close Asset Management Ltd acquired a new stake in Autodesk during the 1st quarter worth about $27,000. Cheviot Value Management LLC acquired a new stake in Autodesk during the 1st quarter worth about $27,000. Finally, Flaharty Asset Management LLC acquired a new stake in Autodesk during the 1st quarter worth about $27,000. 90.24% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Autodesk news, EVP Rebecca Pearce sold 6,129 shares of the stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $323.06, for a total transaction of $1,980,034.74. Following the transaction, the executive vice president owned 13,311 shares in the company, valued at $4,300,251.66. This trade represents a 31.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Steven M. Blum sold 22,420 shares of the stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $323.75, for a total value of $7,258,475.00. Following the transaction, the executive vice president owned 13,099 shares in the company, valued at approximately $4,240,801.25. This trade represents a 63.12% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 35,386 shares of company stock worth $11,433,201. 0.15% of the stock is currently owned by company insiders.

Autodesk Trading Up 1.0%

NASDAQ:ADSK opened at $312.88 on Monday. The stock’s 50 day moving average price is $311.38 and its 200 day moving average price is $298.22. Autodesk, Inc. has a 52 week low of $232.67 and a 52 week high of $329.09. The company has a market capitalization of $66.64 billion, a P/E ratio of 64.78, a P/E/G ratio of 2.77 and a beta of 1.49. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.76 and a current ratio of 0.76.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings results on Thursday, August 28th. The software company reported $1.46 EPS for the quarter, missing the consensus estimate of $2.45 by ($0.99). Autodesk had a net margin of 15.75% and a return on equity of 51.23%. The company had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.72 billion. During the same quarter last year, the business earned $2.15 EPS. The company’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. On average, research analysts forecast that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have issued reports on ADSK shares. Oppenheimer boosted their price objective on Autodesk from $350.00 to $375.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Wall Street Zen downgraded Autodesk from a “strong-buy” rating to a “buy” rating in a report on Sunday, September 28th. Morgan Stanley boosted their price objective on Autodesk from $370.00 to $385.00 and gave the stock an “overweight” rating in a report on Sunday, August 31st. Barclays upped their target price on Autodesk from $355.00 to $385.00 and gave the company 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 company a “buy” rating in a report on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $359.13.

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.