Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in shares of Autodesk, Inc. (NASDAQ:ADSK – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,266 shares of the software company’s stock, valued at approximately $1,011,000.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Beacon Financial Group increased its stake in shares of 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. increased its stake in shares of 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 increased its stake in shares of 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 increased its stake in shares of 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. increased its stake in shares of 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. Institutional investors and hedge funds own 90.24% of the company’s stock.
Analyst Upgrades and Downgrades
ADSK has been the subject of a number of research analyst reports. Rosenblatt Securities increased their target price 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. HSBC set a $343.00 target price on shares of Autodesk and gave the stock a “buy” rating in a research report on Wednesday, October 1st. Berenberg Bank set a $370.00 target price on shares of Autodesk in a research report on Monday, September 1st. Barclays increased their target price on shares of Autodesk from $355.00 to $385.00 and gave the stock an “overweight” rating in a research report on Friday, August 29th. Finally, Stifel Nicolaus increased their target price on shares of Autodesk from $350.00 to $375.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Autodesk currently has an average rating of “Moderate Buy” and a consensus price target of $359.13.
Autodesk Stock Down 2.2%
NASDAQ ADSK opened at $303.50 on Friday. The stock has a market cap of $64.65 billion, a PE ratio of 62.84, a P/E/G ratio of 2.69 and a beta of 1.49. Autodesk, Inc. has a fifty-two week low of $232.67 and a fifty-two week high of $329.09. The business has a 50 day moving average price of $308.24 and a two-hundred day moving average price of $294.35. 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 – Get Free Report) last released its quarterly earnings results on Thursday, August 28th. The software company reported $1.46 earnings per share for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.99). The company had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.72 billion. Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The firm’s revenue was up 17.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.15 EPS. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. As a group, sell-side analysts predict that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.
Insider Buying and Selling
In other news, EVP Steven M. Blum sold 22,420 shares of the stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $323.75, for a total transaction of $7,258,475.00. Following the completion of the transaction, 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 transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Ruth Ann Keene sold 2,761 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $315.10, for a total value of $869,991.10. Following the transaction, the executive vice president owned 80,255 shares of the company’s stock, valued at approximately $25,288,350.50. This trade represents a 3.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 35,386 shares of company stock worth $11,433,201 in the last 90 days. 0.15% of the stock is owned by insiders.
Autodesk Company 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.
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