Autodesk, Inc. $ADSK Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. lessened its holdings in Autodesk, Inc. (NASDAQ:ADSKFree Report) by 44.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,792 shares of the software company’s stock after selling 4,548 shares during the quarter. Securian Asset Management Inc.’s holdings in Autodesk were worth $1,714,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Patron Partners LLC boosted its holdings in Autodesk by 0.8% in the third quarter. Patron Partners LLC now owns 4,295 shares of the software company’s stock worth $1,364,000 after purchasing an additional 35 shares during the period. Catalyst Financial Partners LLC boosted its holdings in Autodesk by 3.8% in the third quarter. Catalyst Financial Partners LLC now owns 1,023 shares of the software company’s stock worth $325,000 after purchasing an additional 37 shares during the period. Piscataqua Savings Bank boosted its holdings in Autodesk by 33.3% in the fourth quarter. Piscataqua Savings Bank now owns 160 shares of the software company’s stock worth $47,000 after purchasing an additional 40 shares during the period. Moss Adams Wealth Advisors LLC boosted its holdings in Autodesk by 1.0% in the fourth quarter. Moss Adams Wealth Advisors LLC now owns 4,267 shares of the software company’s stock worth $1,263,000 after purchasing an additional 41 shares during the period. Finally, Keybank National Association OH boosted its holdings in Autodesk by 0.8% in the third quarter. Keybank National Association OH now owns 5,403 shares of the software company’s stock worth $1,716,000 after purchasing an additional 42 shares during the period. Institutional investors and hedge funds own 90.24% of the company’s stock.

Autodesk Stock Performance

Shares of ADSK opened at $236.07 on Tuesday. Autodesk, Inc. has a 1 year low of $214.10 and a 1 year high of $329.09. The company has a market cap of $49.85 billion, a price-to-earnings ratio of 45.05, a price-to-earnings-growth ratio of 1.62 and a beta of 1.32. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a fifty day moving average of $242.73 and a 200-day moving average of $266.57.

Autodesk (NASDAQ:ADSKGet Free Report) last announced its quarterly earnings results on Thursday, February 26th. The software company reported $2.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.64 by $0.21. Autodesk had a net margin of 15.60% and a return on equity of 53.51%. The company had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same quarter in the previous year, the company posted $2.29 earnings per share. The company’s revenue for the quarter was up 19.4% compared to the same quarter last year. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. As a group, equities analysts anticipate that Autodesk, Inc. will post 9.35 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on ADSK shares. Morgan Stanley reaffirmed an “overweight” rating on shares of Autodesk in a report on Wednesday, March 18th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Autodesk in a report on Wednesday, January 21st. Piper Sandler reaffirmed an “overweight” rating and issued a $383.00 price objective (up from $373.00) on shares of Autodesk in a report on Monday, March 2nd. Wolfe Research boosted their price target on shares of Autodesk from $330.00 to $350.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Finally, Citigroup reissued a “neutral” rating and set a $246.00 price target (down from $331.00) on shares of Autodesk in a report on Friday, April 10th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, Autodesk currently has a consensus rating of “Moderate Buy” and an average target price of $335.93.

Check Out Our Latest Research Report on ADSK

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.

Further Reading

Want to see what other hedge funds are holding ADSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Autodesk, Inc. (NASDAQ:ADSKFree Report).

Institutional Ownership by Quarter for Autodesk (NASDAQ:ADSK)

Receive News & Ratings for Autodesk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autodesk and related companies with MarketBeat.com's FREE daily email newsletter.