Autodesk, Inc. $ADSK Stock Position Decreased by Motley Fool Wealth Management LLC

Motley Fool Wealth Management LLC cut its stake in shares of Autodesk, Inc. (NASDAQ:ADSK) by 11.3% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 50,840 shares of the software company’s stock after selling 6,457 shares during the quarter. Motley Fool Wealth Management LLC’s holdings in Autodesk were worth $15,739,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. OMNI 360 Wealth Inc. acquired a new stake in shares of Autodesk in the second quarter worth $359,000. E. Ohman J or Asset Management AB boosted its position in shares of Autodesk by 1.8% in the second 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 during the period. Nordea Investment Management AB boosted its position in shares of Autodesk by 5.6% in the second quarter. Nordea Investment Management AB now owns 21,254 shares of the software company’s stock worth $6,509,000 after buying an additional 1,124 shares during the period. GK Wealth Management LLC acquired a new stake in shares of Autodesk in the second quarter worth $348,000. Finally, Schnieders Capital Management LLC acquired a new stake in shares of Autodesk in the second quarter worth $466,000. 90.24% of the stock is owned by institutional investors.

Autodesk Price Performance

NASDAQ ADSK opened at $313.53 on Tuesday. Autodesk, Inc. has a fifty-two week low of $232.67 and a fifty-two week high of $329.09. The stock’s 50-day moving average is $311.85 and its two-hundred day moving average is $298.57. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.76 and a quick ratio of 0.76. The firm has a market cap of $66.78 billion, a P/E ratio of 64.91, a price-to-earnings-growth ratio of 2.77 and a beta of 1.49.

Autodesk (NASDAQ:ADSK) last posted its earnings results on Thursday, August 28th. The software company reported $1.46 earnings per share 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 the consensus estimate of $1.72 billion. During the same quarter last year, the business earned $2.15 earnings per share. Autodesk’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. On average, analysts anticipate that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Loop Capital assumed coverage on Autodesk in a research report on Monday, July 21st. They issued a “hold” rating and a $320.00 target price for the company. UBS Group raised their target price on Autodesk from $370.00 to $385.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Wall Street Zen cut Autodesk from a “strong-buy” rating to a “buy” rating in a research report on Sunday, September 28th. Royal Bank Of Canada reissued an “outperform” rating and set a $380.00 price objective on shares of Autodesk in a research report on Monday, October 6th. Finally, Oppenheimer lifted their price objective on Autodesk from $350.00 to $375.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $359.13.

Insider Buying and Selling

In other Autodesk news, EVP Steven M. Blum sold 22,420 shares of the firm’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $323.75, for a total transaction of $7,258,475.00. Following the transaction, the executive vice president directly owned 13,099 shares in the company, valued at $4,240,801.25. This trade represents a 63.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ayanna Howard sold 3,159 shares of the firm’s stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $325.00, for a total value of $1,026,675.00. Following the transaction, the director owned 4,393 shares in the company, valued at approximately $1,427,725. This trade represents a 41.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 35,386 shares of company stock valued at $11,433,201 in the last three months. 0.15% of the stock is currently owned by corporate insiders.

Autodesk Company 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.