Westpac Banking Corp Buys Shares of 24,432 Autodesk, Inc. $ADSK

Posted by Brian Himes on Aug 22nd, 2026

Westpac Banking Corp bought a new position in shares of Autodesk, Inc. (NASDAQ:ADSK – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 24,432 shares of the software company’s stock, valued at approximately $4,750,000.

Several other institutional investors and hedge funds also recently modified their holdings of ADSK. CENTRAL TRUST Co increased its stake in shares of Autodesk by 6.2% during the 4th quarter. CENTRAL TRUST Co now owns 759 shares of the software company’s stock worth $225,000 after purchasing an additional 44 shares in the last quarter. Smithfield Trust Co raised its position in shares of Autodesk by 5.3% during the 4th quarter. Smithfield Trust Co now owns 893 shares of the software company’s stock worth $266,000 after purchasing an additional 45 shares during the last quarter. Calydon Capital lifted its stake in Autodesk by 1.7% in the 4th quarter. Calydon Capital now owns 2,726 shares of the software company’s stock valued at $807,000 after buying an additional 45 shares in the last quarter. Archer Investment Corp grew its holdings in Autodesk by 112.2% during the 4th quarter. Archer Investment Corp now owns 87 shares of the software company’s stock valued at $26,000 after buying an additional 46 shares during the last quarter. Finally, Sunbelt Securities Inc. grew its holdings in Autodesk by 5.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,029 shares of the software company’s stock valued at $327,000 after buying an additional 52 shares during the last quarter. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Autodesk Stock Performance

Autodesk stock opened at $253.82 on Friday. The firm has a market capitalization of $53.56 billion, a P/E ratio of 37.00, a PEG ratio of 1.54 and a beta of 1.29. The stock has a fifty day moving average price of $219.71 and a 200 day moving average price of $231.77. Autodesk, Inc. has a 52 week low of $185.50 and a 52 week high of $329.09. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.78.

Autodesk (NASDAQ:ADSK – Get Free Report) last issued its quarterly earnings results on Thursday, May 28th. The software company reported $2.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.84 by $0.15. The firm had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.89 billion. Autodesk had a return on equity of 57.14% and a net margin of 19.49%.The firm’s quarterly revenue was up 18.4% on a year-over-year basis. During the same period last year, the company earned $2.29 EPS. Autodesk has set its FY 2027 guidance at 12.400-12.650 EPS and its Q2 2027 guidance at 3.100-3.140 EPS. Equities research analysts anticipate that Autodesk, Inc. will post 9.7 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ADSK. Zacks Research downgraded Autodesk from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 14th. KeyCorp reaffirmed an “overweight” rating on shares of Autodesk in a research note on Wednesday. Wells Fargo & Company cut their target price on shares of Autodesk from $350.00 to $330.00 and set an “overweight” rating for the company in a research note on Friday, May 29th. Weiss Ratings cut shares of Autodesk from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 10th. Finally, Guggenheim boosted their price objective on shares of Autodesk from $245.00 to $277.00 and gave the company a “buy” rating in a research report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $321.65.

Check Out Our Latest Stock Report on Autodesk

Insider Buying and Selling

In related news, Director Stacy J. Smith bought 3,435 shares of the stock in a transaction that occurred on Friday, May 29th. The stock was purchased at an average cost of $231.17 per share, for a total transaction of $794,068.95. Following the completion of the acquisition, the director owned 26,517 shares in the company, valued at $6,129,934.89. This trade represents a 14.88% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Janesh Moorjani purchased 2,500 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were bought at an average cost of $197.67 per share, with a total value of $494,175.00. Following the transaction, the executive vice president directly owned 50,993 shares of the company’s stock, valued at $10,079,786.31. The trade was a 5.16% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have purchased 7,935 shares of company stock valued at $1,666,644. Insiders own 0.14% of the company’s stock.

Autodesk Profile

(Free Report)

Autodesk, Inc (NASDAQ: ADSK) is a software company that develops design and creation tools for the architecture, engineering and construction (AEC), manufacturing, and media and entertainment industries. Headquartered in San Rafael, California, the company was founded in 1982 and is best known for pioneering CAD (computer-aided design) software. Autodesk sells products and services to a global customer base, including architects, engineers, contractors, product designers, and content creators.

The company’s product portfolio includes industry-standard design and modeling applications such as AutoCAD, Revit, Inventor, Fusion 360, Maya and 3ds Max, as well as cloud-based collaboration and project management platforms like BIM 360 and Autodesk Construction Cloud.