3Chopt Investment Partners LLC Purchases New Shares in Autodesk, Inc. $ADSK

3Chopt Investment Partners LLC acquired a new stake in shares of Autodesk, Inc. (NASDAQ:ADSK) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 748 shares of the software company’s stock, valued at approximately $232,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. Beacon Financial Group boosted its stake in Autodesk by 3.0% during the 2nd quarter. Beacon Financial Group now owns 1,130 shares of the software company’s stock valued at $350,000 after acquiring an additional 33 shares during the last quarter. Freedom Investment Management Inc. boosted its stake in Autodesk by 2.4% during the 1st quarter. Freedom Investment Management Inc. now owns 1,473 shares of the software company’s stock valued at $386,000 after acquiring an additional 34 shares during the last quarter. Financial Network Wealth Advisors LLC boosted its stake in Autodesk by 34.9% during the 1st quarter. Financial Network Wealth Advisors LLC now owns 143 shares of the software company’s stock valued at $37,000 after acquiring an additional 37 shares during the last quarter. Oregon Pacific Wealth Management LLC boosted its stake in Autodesk by 4.0% during the 1st quarter. Oregon Pacific Wealth Management LLC now owns 999 shares of the software company’s stock valued at $262,000 after acquiring an additional 38 shares during the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. boosted its stake in Autodesk by 67.8% during the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 99 shares of the software company’s stock valued at $31,000 after acquiring an additional 40 shares during the last quarter. 90.24% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have commented on ADSK. Loop Capital began coverage on shares of Autodesk in a research note on Monday, July 21st. They set a “hold” rating and a $320.00 price objective on the stock. Rosenblatt Securities raised their price target on shares of Autodesk from $345.00 to $355.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Citigroup raised their price target on shares of Autodesk from $376.00 to $393.00 and gave the stock a “buy” rating in a research report on Tuesday, September 2nd. Weiss Ratings restated a “hold (c+)” rating on shares of Autodesk in a research report on Wednesday. Finally, Morgan Stanley raised their price target on shares of Autodesk from $370.00 to $385.00 and gave the stock an “overweight” rating in a research report on Sunday, August 31st. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $359.13.

Autodesk Trading Down 2.2%

Shares of NASDAQ:ADSK opened at $303.50 on Friday. The company has a market cap of $64.65 billion, a PE ratio of 62.84, a P/E/G ratio of 2.75 and a beta of 1.49. The company’s 50-day moving average price is $308.24 and its 200 day moving average price is $294.19. Autodesk, Inc. has a fifty-two week low of $232.67 and a fifty-two week high of $329.09. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.91.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings data on Thursday, August 28th. The software company reported $1.46 earnings per share for the quarter, missing the consensus estimate of $2.45 by ($0.99). The firm had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.72 billion. Autodesk had a net margin of 15.75% and a return on equity of 51.23%. The company’s revenue for the quarter was up 17.1% compared to the same quarter last year. During the same quarter in the prior year, the business 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 anticipate that Autodesk, Inc. will post 5.76 earnings per share for the current year.

Insider Activity

In related news, Director Ayanna Howard sold 917 shares of Autodesk stock in a transaction dated 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 $1,129,700. This trade represents a 20.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Ruth Ann Keene sold 2,761 shares of the firm’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $315.10, for a total transaction of $869,991.10. Following the transaction, the executive vice president directly owned 80,255 shares in the company, valued at approximately $25,288,350.50. The trade was a 3.33% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 35,386 shares of company stock valued at $11,433,201. 0.15% of the stock is 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.