Autodesk, Inc. $ADSK Shares Bought by PDS Planning Inc

PDS Planning Inc raised its position in Autodesk, Inc. (NASDAQ:ADSK) by 6.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,581 shares of the software company’s stock after acquiring an additional 90 shares during the period. PDS Planning Inc’s holdings in Autodesk were worth $489,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Blue Trust Inc. boosted its stake in Autodesk by 22.1% in the second quarter. Blue Trust Inc. now owns 1,148 shares of the software company’s stock valued at $355,000 after acquiring an additional 208 shares in the last quarter. 3Chopt Investment Partners LLC acquired a new stake in Autodesk in the second quarter valued at approximately $232,000. Stiles Financial Services Inc boosted its stake in Autodesk by 3.3% in the second quarter. Stiles Financial Services Inc now owns 1,577 shares of the software company’s stock valued at $488,000 after acquiring an additional 50 shares in the last quarter. IFP Advisors Inc boosted its stake in Autodesk by 2.9% in the second quarter. IFP Advisors Inc now owns 2,122 shares of the software company’s stock valued at $657,000 after acquiring an additional 60 shares in the last quarter. Finally, Callan Family Office LLC boosted its stake in Autodesk by 259.8% in the second quarter. Callan Family Office LLC now owns 6,623 shares of the software company’s stock valued at $2,050,000 after acquiring an additional 4,782 shares in the last quarter. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on ADSK shares. Robert W. Baird raised their target price on shares of Autodesk from $345.00 to $363.00 and gave the company an “outperform” rating in a research note on Friday, August 29th. Barclays raised their price target on shares of Autodesk from $355.00 to $385.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Stifel Nicolaus raised their price target on shares of Autodesk from $350.00 to $375.00 and gave the stock a “buy” rating in a report on Friday, August 29th. UBS Group raised their price target on shares of Autodesk from $370.00 to $385.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Finally, HSBC set a $343.00 price target on shares of Autodesk and gave the stock a “buy” rating in a report on Wednesday, October 1st. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $359.13.

Autodesk Trading Down 2.2%

Shares of Autodesk stock opened at $303.50 on Friday. 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 fifty day moving average price of $308.24 and a 200 day moving average price of $294.35. Autodesk, Inc. has a 1 year low of $232.67 and a 1 year high of $329.09. The stock has a market cap of $64.65 billion, a PE ratio of 62.84, a price-to-earnings-growth ratio of 2.69 and a beta of 1.49.

Autodesk (NASDAQ:ADSK) last issued its earnings results on Thursday, August 28th. The software company reported $1.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.45 by ($0.99). Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The business had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.72 billion. During the same period last year, the business earned $2.15 EPS. The company’s revenue for the quarter was up 17.1% on a year-over-year basis. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. Equities research analysts predict that Autodesk, Inc. will post 5.76 earnings per share for the current year.

Insider Buying and Selling at Autodesk

In related news, EVP Ruth Ann Keene sold 2,761 shares of the firm’s stock in a transaction 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 transaction, the executive vice president owned 80,255 shares of the company’s stock, valued at $25,288,350.50. This trade represents a 3.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Rebecca Pearce sold 6,129 shares of the firm’s stock in a transaction 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 sale, the executive vice president owned 13,311 shares in the company, valued at approximately $4,300,251.66. This represents a 31.53% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 35,386 shares of company stock worth $11,433,201. 0.15% of the stock is currently owned by company insiders.

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.