Vanguard Group Inc. Has $6.49 Billion Position in Autodesk, Inc. $ADSK

Vanguard Group Inc. increased its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 0.9% during the second quarter, Holdings Channel reports. The institutional investor owned 20,963,515 shares of the software company’s stock after purchasing an additional 180,596 shares during the quarter. Vanguard Group Inc. owned about 0.10% of Autodesk worth $6,489,675,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ADSK. Beacon Financial Group lifted its position in shares of Autodesk by 3.0% in the 2nd quarter. Beacon Financial Group now owns 1,130 shares of the software company’s stock worth $350,000 after acquiring an additional 33 shares during the period. Freedom Investment Management Inc. lifted its position in Autodesk by 2.4% in the first quarter. Freedom Investment Management Inc. now owns 1,473 shares of the software company’s stock worth $386,000 after purchasing an additional 34 shares during the period. Bridgewater Advisors Inc. lifted its position in Autodesk by 2.2% in the second quarter. Bridgewater Advisors Inc. now owns 1,567 shares of the software company’s stock worth $474,000 after purchasing an additional 34 shares during the period. Clarity Wealth Advisors LLC boosted its stake in Autodesk by 2.3% during the second quarter. Clarity Wealth Advisors LLC now owns 1,535 shares of the software company’s stock worth $475,000 after buying an additional 35 shares in the last quarter. Finally, Financial Network Wealth Advisors LLC increased its holdings in Autodesk by 34.9% in the 1st quarter. Financial Network Wealth Advisors LLC now owns 143 shares of the software company’s stock valued at $37,000 after buying an additional 37 shares during the period. 90.24% of the stock is currently owned by institutional investors.

Insider Transactions at Autodesk

In other Autodesk news, EVP Steven M. Blum sold 22,420 shares of the business’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 completion of the sale, the executive vice president directly owned 13,099 shares of the company’s stock, valued at approximately $4,240,801.25. The trade was a 63.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Ayanna Howard sold 917 shares of the company’s stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $325.00, for a total transaction of $298,025.00. Following the transaction, the director owned 3,476 shares in the company, valued at approximately $1,129,700. The trade was a 20.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 35,386 shares of company stock worth $11,433,201. Insiders own 0.15% of the company’s stock.

Autodesk Trading Up 0.1%

Shares of NASDAQ ADSK opened at $292.23 on Wednesday. Autodesk, Inc. has a 1-year low of $232.67 and a 1-year high of $329.09. The company has a 50-day moving average of $310.45 and a two-hundred day moving average of $302.62. The company has a market cap of $62.24 billion, a PE ratio of 60.50, a P/E/G ratio of 2.63 and a beta of 1.51. 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 (NASDAQ:ADSK) last released 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 the consensus estimate of $1.72 billion. During the same period last year, the company earned $2.15 earnings per share. Autodesk’s revenue for the quarter 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. As a group, equities analysts expect that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Mizuho increased 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. Morgan Stanley increased their target price on Autodesk from $370.00 to $385.00 and gave the stock an “overweight” rating in a report on Sunday, August 31st. Piper Sandler raised their target price on Autodesk from $361.00 to $373.00 and gave the stock an “overweight” rating in a research report on Friday, August 29th. Rosenblatt Securities lifted their price target on shares of Autodesk from $345.00 to $355.00 and gave the company a “buy” rating in a report on Friday, August 29th. Finally, Stifel Nicolaus raised their price objective on shares of Autodesk from $350.00 to $375.00 and gave the stock a “buy” rating in a report on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $358.30.

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.