Autodesk, Inc. $ADSK Stock Position Lifted by Fiera Capital Corp

Fiera Capital Corp grew its position in Autodesk, Inc. (NASDAQ:ADSK) by 85.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,143 shares of the software company’s stock after acquiring an additional 10,202 shares during the quarter. Fiera Capital Corp’s holdings in Autodesk were worth $6,855,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in ADSK. SouthState Corp grew its position in shares of Autodesk by 500.0% during the 1st quarter. SouthState Corp now owns 96 shares of the software company’s stock valued at $25,000 after buying an additional 80 shares during the last quarter. Costello Asset Management INC acquired a new position in Autodesk during the 1st quarter valued at about $26,000. Close Asset Management Ltd bought a new stake in shares of Autodesk during the first quarter valued at approximately $27,000. Cheviot Value Management LLC acquired a new stake in Autodesk in the 1st quarter valued at approximately $27,000. Finally, Flaharty Asset Management LLC acquired a new position in Autodesk during the 1st quarter worth $27,000. 90.24% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Autodesk news, EVP Rebecca Pearce sold 6,129 shares of Autodesk stock in a transaction dated 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 of the company’s stock, valued at $4,300,251.66. The trade was a 31.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Steven M. Blum sold 22,420 shares of the company’s stock in a transaction dated 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 completion of the transaction, the executive vice president owned 13,099 shares in the company, valued at $4,240,801.25. This represents a 63.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 35,386 shares of company stock worth $11,433,201. 0.15% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on ADSK shares. DA Davidson reiterated a “buy” rating and issued a $375.00 target price on shares of Autodesk in a research report on Friday, August 29th. Mizuho upped their price objective on Autodesk from $350.00 to $375.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Wells Fargo & Company lifted their target price on Autodesk from $360.00 to $375.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Morgan Stanley boosted their price target on shares of Autodesk from $370.00 to $385.00 and gave the stock an “overweight” rating in a research report on Sunday, August 31st. Finally, Robert W. Baird raised their price objective on shares of Autodesk from $345.00 to $363.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $359.13.

Autodesk Price Performance

NASDAQ ADSK opened at $297.17 on Friday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.91. Autodesk, Inc. has a 1 year low of $232.67 and a 1 year high of $329.09. The company has a market cap of $63.30 billion, a PE ratio of 61.53, a PEG ratio of 2.63 and a beta of 1.51. The stock’s 50-day moving average price is $312.35 and its two-hundred day moving average price is $301.81.

Autodesk (NASDAQ:ADSK) last released 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 net margin of 15.75% and a return on equity of 51.23%. The firm had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.72 billion. During the same quarter in the prior year, the firm 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. On average, analysts predict that Autodesk, Inc. will post 5.76 EPS for the current 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.