OFI Invest Asset Management Has $122,000 Stock Position in Autodesk, Inc. $ADSK

OFI Invest Asset Management cut its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 96.1% during the second quarter, Holdings Channel.com reports. The firm owned 394 shares of the software company’s stock after selling 9,811 shares during the quarter. OFI Invest Asset Management’s holdings in Autodesk were worth $122,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ADSK. SouthState Corp raised its holdings in shares of Autodesk by 500.0% in the first quarter. SouthState Corp now owns 96 shares of the software company’s stock valued at $25,000 after purchasing an additional 80 shares during the last quarter. Costello Asset Management INC acquired a new stake in shares of Autodesk in the first quarter valued at approximately $26,000. Close Asset Management Ltd acquired a new stake in shares of Autodesk in the first quarter valued at approximately $27,000. Cheviot Value Management LLC acquired a new stake in shares of Autodesk in the first quarter valued at approximately $27,000. Finally, Flaharty Asset Management LLC acquired a new stake in shares of Autodesk in the first quarter valued at approximately $27,000. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Autodesk

In other Autodesk news, EVP Ruth Ann Keene sold 2,761 shares of Autodesk 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 directly owned 80,255 shares of the company’s stock, valued at $25,288,350.50. The trade was a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Rebecca Pearce sold 6,129 shares of Autodesk stock in a transaction on Friday, August 29th. The stock was sold at an average price of $323.06, for a total transaction of $1,980,034.74. Following the transaction, the executive vice president directly owned 13,311 shares of the company’s stock, valued at approximately $4,300,251.66. This trade represents a 31.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 35,386 shares of company stock valued at $11,433,201. 0.15% of the stock is owned by company insiders.

Autodesk Trading Down 2.2%

ADSK stock opened at $303.50 on Monday. 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 company has a fifty day moving average price of $308.24 and a two-hundred day moving average price of $294.52. Autodesk, Inc. has a one year low of $232.67 and a one year high of $329.09. The stock has a market cap of $64.65 billion, a price-to-earnings ratio of 62.84, a price-to-earnings-growth ratio of 2.69 and a beta of 1.49.

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

Analyst Upgrades and Downgrades

ADSK has been the topic of a number of recent research reports. Wall Street Zen downgraded shares of Autodesk from a “strong-buy” rating to a “buy” rating in a report on Sunday, September 28th. Barclays raised their target price on shares of Autodesk from $355.00 to $385.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. KeyCorp raised their target price on shares of Autodesk from $350.00 to $365.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. Loop Capital began coverage on shares of Autodesk in a research note on Monday, July 21st. They issued a “hold” rating and a $320.00 target price for the company. Finally, Wells Fargo & Company raised their target price on shares of Autodesk from $360.00 to $375.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $359.13.

About Autodesk

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.