Metis Global Partners LLC Has $4.60 Million Holdings in Autodesk, Inc. $ADSK

Metis Global Partners LLC lowered its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 7.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,862 shares of the software company’s stock after selling 1,127 shares during the period. Metis Global Partners LLC’s holdings in Autodesk were worth $4,601,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ADSK. Brighton Jones LLC increased its position in shares of Autodesk by 14.5% in the fourth quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock valued at $343,000 after acquiring an additional 147 shares during the last quarter. Alps Advisors Inc. increased its position in shares of Autodesk by 8.7% during the 1st quarter. Alps Advisors Inc. now owns 4,739 shares of the software company’s stock worth $1,241,000 after purchasing an additional 381 shares during the last quarter. Cerity Partners LLC raised its stake in shares of Autodesk by 56.1% during the 1st quarter. Cerity Partners LLC now owns 173,450 shares of the software company’s stock worth $45,409,000 after purchasing an additional 62,335 shares in the last quarter. Arizona State Retirement System grew its stake in shares of Autodesk by 2.2% in the first quarter. Arizona State Retirement System now owns 63,049 shares of the software company’s stock valued at $16,506,000 after buying an additional 1,339 shares in the last quarter. Finally, New York State Common Retirement Fund increased its holdings in Autodesk by 1.7% during the first quarter. New York State Common Retirement Fund now owns 319,666 shares of the software company’s stock worth $83,689,000 after buying an additional 5,459 shares during the last quarter. 90.24% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. HSBC set a $343.00 target price on shares of Autodesk and gave the company a “buy” rating in a research note on Wednesday, October 1st. Stifel Nicolaus upped their target price on Autodesk from $350.00 to $375.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Loop Capital initiated coverage on Autodesk in a report on Monday, July 21st. They set a “hold” rating and a $320.00 price target for the company. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $380.00 price objective on shares of Autodesk in a report on Monday, October 6th. Finally, UBS Group lifted their target price on Autodesk from $370.00 to $385.00 and gave the stock a “buy” rating in a report on Friday, August 29th. One equities research 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $359.13.

Autodesk Stock Up 0.8%

Shares of NASDAQ ADSK opened at $297.18 on Friday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.76 and a current ratio of 0.76. Autodesk, Inc. has a 52 week low of $232.67 and a 52 week high of $329.09. The stock has a market capitalization of $63.30 billion, a P/E ratio of 61.53, a PEG ratio of 2.63 and a beta of 1.51. The stock’s fifty day moving average is $313.79 and its 200 day moving average is $301.17.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings data 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). The firm had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.72 billion. Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The company’s quarterly revenue was up 17.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.15 earnings per share. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. Sell-side analysts forecast that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Insider Activity

In other Autodesk news, EVP Ruth Ann Keene sold 2,761 shares of the company’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $315.10, for a total transaction of $869,991.10. Following the completion of the sale, the executive vice president directly owned 80,255 shares in the company, valued at $25,288,350.50. This represents a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Steven M. Blum sold 22,420 shares of the firm’s stock in a transaction on 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 sale, the executive vice president directly owned 13,099 shares in the company, valued at approximately $4,240,801.25. This represents a 63.12% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 35,386 shares of company stock valued at $11,433,201 in the last three months. Company insiders own 0.15% of the company’s stock.

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.