Autodesk, Inc. $ADSK Stock Position Raised by Tobam

Tobam increased its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 355.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 287 shares of the software company’s stock after purchasing an additional 224 shares during the period. Tobam’s holdings in Autodesk were worth $89,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in ADSK. SouthState Corp raised its holdings in Autodesk by 500.0% in the 1st quarter. SouthState Corp now owns 96 shares of the software company’s stock worth $25,000 after acquiring an additional 80 shares during the period. Costello Asset Management INC acquired a new stake in shares of Autodesk in the first quarter valued at about $26,000. Close Asset Management Ltd bought a new position in shares of Autodesk in the first quarter worth about $27,000. Cheviot Value Management LLC bought a new position in shares of Autodesk in the first quarter worth about $27,000. Finally, Flaharty Asset Management LLC bought a new stake in Autodesk during the 1st quarter valued at approximately $27,000. Institutional investors and hedge funds own 90.24% of the company’s stock.

Autodesk Trading Down 0.0%

Shares of ADSK opened at $301.74 on Thursday. Autodesk, Inc. has a 52-week low of $232.67 and a 52-week high of $329.09. The company has a market cap of $64.27 billion, a price-to-earnings ratio of 62.47, a PEG ratio of 2.63 and a beta of 1.51. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a fifty day moving average price of $312.81 and a two-hundred day moving average price of $301.84.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings data on Thursday, August 28th. The software company reported $1.46 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 for the quarter, compared to the consensus estimate of $1.72 billion. During the same period in the prior year, the company earned $2.15 EPS. The firm’s revenue was up 17.1% compared to the same quarter last year. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. Analysts predict that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

Insider Transactions at Autodesk

In other news, EVP Ruth Ann Keene sold 2,761 shares of Autodesk stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $315.10, for a total transaction 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. The trade was a 3.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Rebecca Pearce sold 6,129 shares of the firm’s stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $323.06, for a total transaction of $1,980,034.74. Following the completion of the transaction, the executive vice president directly owned 13,311 shares in the company, valued at approximately $4,300,251.66. The trade was a 31.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 35,386 shares of company stock valued at $11,433,201 over the last quarter. Corporate insiders own 0.15% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Royal Bank Of Canada restated an “outperform” rating and issued a $380.00 price objective on shares of Autodesk in a research note on Monday, October 6th. Oppenheimer raised their price target on shares of Autodesk from $350.00 to $375.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. Hsbc Global Res upgraded shares of Autodesk from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 1st. Piper Sandler boosted their price target on Autodesk from $361.00 to $373.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $375.00 price target on shares of Autodesk in a report on Friday, August 29th. One investment 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 company’s stock. Based on data from MarketBeat.com, Autodesk has an average rating of “Moderate Buy” and an average 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.