Yousif Capital Management LLC Sells 344 Shares of Autodesk, Inc. $ADSK

Yousif Capital Management LLC reduced its holdings in shares of Autodesk, Inc. (NASDAQ:ADSK) by 1.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 25,768 shares of the software company’s stock after selling 344 shares during the quarter. Yousif Capital Management LLC’s holdings in Autodesk were worth $7,977,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Beacon Financial Group lifted its position 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 worth $350,000 after buying an additional 33 shares during the last quarter. Freedom Investment Management Inc. lifted its position 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 worth $386,000 after buying an additional 34 shares during the last quarter. Financial Network Wealth Advisors LLC lifted its position 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 worth $37,000 after buying an additional 37 shares during the last quarter. Oregon Pacific Wealth Management LLC lifted its position 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 worth $262,000 after buying an additional 38 shares during the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. lifted its position 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 worth $31,000 after buying an additional 40 shares during the last quarter. 90.24% of the stock is currently owned by institutional investors.

Insider Buying and Selling

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

Analysts Set New Price Targets

Several equities analysts have commented on the company. Stifel Nicolaus increased 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. Hsbc Global Res upgraded Autodesk from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 1st. Berenberg Bank set a $370.00 target price on Autodesk in a research report on Monday, September 1st. Morgan Stanley increased their target price on Autodesk from $370.00 to $385.00 and gave the company an “overweight” rating in a research report on Sunday, August 31st. Finally, Bank of America increased their target price on Autodesk from $330.00 to $360.00 and gave the company a “neutral” rating in a research 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 issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $359.13.

Autodesk Trading Up 1.5%

Shares of ADSK stock opened at $307.97 on Tuesday. The stock has a market cap of $65.60 billion, a price-to-earnings ratio of 63.76, a PEG ratio of 2.69 and a beta of 1.49. The stock has a 50-day moving average of $308.35 and a 200-day moving average of $294.84. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.91. Autodesk, Inc. has a 1-year low of $232.67 and a 1-year high of $329.09.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings results 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 company had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.72 billion. Autodesk had a net margin of 15.75% and a return on equity of 51.23%. The company’s quarterly revenue was up 17.1% on a year-over-year basis. During the same period in the previous year, the company posted $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. On average, equities research analysts forecast that Autodesk, Inc. will post 5.76 earnings per share for the current year.

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.