Autodesk, Inc. $ADSK Shares Sold by Vinva Investment Management Ltd

Vinva Investment Management Ltd reduced its stake in shares of Autodesk, Inc. (NASDAQ:ADSK) by 5.2% during the 2nd quarter, HoldingsChannel reports. The firm owned 88,085 shares of the software company’s stock after selling 4,812 shares during the quarter. Autodesk comprises 0.7% of Vinva Investment Management Ltd’s investment portfolio, making the stock its 22nd biggest position. Vinva Investment Management Ltd’s holdings in Autodesk were worth $26,877,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Nuveen LLC purchased a new stake in Autodesk in the 1st quarter valued at $278,383,000. T. Rowe Price Investment Management Inc. raised its stake in Autodesk by 44.1% during the first quarter. T. Rowe Price Investment Management Inc. now owns 3,318,319 shares of the software company’s stock worth $868,736,000 after purchasing an additional 1,016,187 shares during the period. Geode Capital Management LLC grew its stake in shares of Autodesk by 15.1% in the 2nd quarter. Geode Capital Management LLC now owns 5,606,264 shares of the software company’s stock valued at $1,730,415,000 after buying an additional 734,449 shares during the period. AQR Capital Management LLC raised its position in shares of Autodesk by 336.7% during the 1st quarter. AQR Capital Management LLC now owns 572,701 shares of the software company’s stock valued at $147,339,000 after buying an additional 441,571 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Autodesk by 13.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,454,264 shares of the software company’s stock valued at $904,326,000 after acquiring an additional 400,514 shares during the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ADSK. Royal Bank Of Canada reissued an “outperform” rating and set a $380.00 target price on shares of Autodesk in a research note on Monday, October 6th. Wolfe Research boosted their price objective on shares of Autodesk from $370.00 to $390.00 and gave the company an “outperform” rating in a report on Wednesday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Autodesk in a research note on Wednesday, October 8th. BMO Capital Markets upped their price objective on shares of Autodesk from $333.00 to $343.00 and gave the stock a “market perform” rating in a report on Wednesday. Finally, Piper Sandler lifted their target price on shares of Autodesk from $361.00 to $373.00 and gave the company an “overweight” rating in a report on Friday, August 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $364.24.

Insider Activity

In other news, Director Ayanna Howard sold 917 shares of the firm’s stock in a transaction on Monday, September 29th. The shares were sold at an average price of $325.00, for a total value of $298,025.00. Following the sale, the director directly owned 3,476 shares in the company, valued at approximately $1,129,700. This trade represents a 20.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Rebecca Pearce sold 6,129 shares of Autodesk stock in a transaction on 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 sale, the executive vice president directly owned 13,311 shares of the company’s stock, valued at approximately $4,300,251.66. This trade represents a 31.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 35,386 shares of company stock valued at $11,433,201. 0.15% of the stock is currently owned by company insiders.

Autodesk Price Performance

ADSK stock opened at $301.38 on Thursday. The business’s 50-day moving average is $307.02 and its two-hundred day moving average is $302.85. 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 capitalization of $64.19 billion, a P/E ratio of 62.40, a P/E/G ratio of 2.63 and a beta of 1.51. Autodesk, Inc. has a 1 year low of $232.67 and a 1 year high of $329.09.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings data on Tuesday, November 25th. The software company reported $2.67 EPS for the quarter, topping analysts’ consensus estimates of $2.50 by $0.17. The business had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.81 billion. Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The business’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same period in the previous year, the company posted $2.17 earnings per share. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS. Q4 2026 guidance at 2.590-2.67 EPS. Analysts anticipate that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

About Autodesk

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.