Autodesk, Inc. $ADSK Shares Sold by National Pension Service

National Pension Service cut its stake in Autodesk, Inc. (NASDAQ:ADSK) by 2.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 686,470 shares of the software company’s stock after selling 20,741 shares during the period. National Pension Service owned approximately 0.32% of Autodesk worth $212,511,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. VeraBank N.A. purchased a new stake in shares of Autodesk in the second quarter valued at about $697,000. Leith Wheeler Investment Counsel Ltd. grew its stake in shares of Autodesk by 2.4% in the 2nd quarter. Leith Wheeler Investment Counsel Ltd. now owns 109,859 shares of the software company’s stock valued at $34,009,000 after buying an additional 2,550 shares during the period. Davidson Capital Management Inc. raised its position in shares of Autodesk by 2.5% during the 2nd quarter. Davidson Capital Management Inc. now owns 10,750 shares of the software company’s stock valued at $3,328,000 after buying an additional 267 shares during the period. STF Management LP lifted its holdings in Autodesk by 2.3% in the second quarter. STF Management LP now owns 3,303 shares of the software company’s stock valued at $1,023,000 after acquiring an additional 74 shares during the last quarter. Finally, Clarity Wealth Advisors LLC grew its position in Autodesk by 2.3% in the second quarter. Clarity Wealth Advisors LLC now owns 1,535 shares of the software company’s stock worth $475,000 after acquiring an additional 35 shares during the period. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on ADSK shares. Stifel Nicolaus boosted their price objective on shares of Autodesk from $350.00 to $375.00 and gave the company a “buy” rating in a report on Friday, August 29th. UBS Group lifted their price target on shares of Autodesk from $370.00 to $385.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Oppenheimer upped their price objective on shares of Autodesk from $350.00 to $375.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. KeyCorp increased their price objective on shares of Autodesk from $350.00 to $365.00 and gave the stock an “overweight” rating in a research report on Friday, August 29th. Finally, Robert W. Baird boosted their target price on Autodesk from $345.00 to $363.00 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 issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Autodesk has an average rating of “Moderate Buy” and a consensus target price of $359.13.

Insider Buying and Selling

In other news, EVP Steven M. Blum sold 22,420 shares of Autodesk stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $323.75, for a total value of $7,258,475.00. Following the completion of 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 sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Ruth Ann Keene sold 2,761 shares of the company’s stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $315.10, for a total transaction of $869,991.10. Following the sale, the executive vice president owned 80,255 shares in the company, valued at $25,288,350.50. The trade was a 3.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 35,386 shares of company stock worth $11,433,201 over the last 90 days. 0.15% of the stock is currently owned by company insiders.

Autodesk Price Performance

Shares of ADSK opened at $301.74 on Thursday. The company has a market cap of $64.27 billion, a P/E ratio of 62.47, a PEG ratio of 2.63 and a beta of 1.51. Autodesk, Inc. has a fifty-two week low of $232.67 and a fifty-two week high of $329.09. 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 firm’s 50 day moving average price is $312.81 and its 200 day moving average price is $301.84.

Autodesk (NASDAQ:ADSK) last posted 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). The business had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.72 billion. Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The business’s revenue was up 17.1% on a year-over-year basis. During the same quarter last year, the firm earned $2.15 EPS. 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 earnings per share for the current fiscal year.

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.