Accretive Wealth Partners LLC Raises Stock Position in Autodesk, Inc. $ADSK

Accretive Wealth Partners LLC grew its holdings in Autodesk, Inc. (NASDAQ:ADSKFree Report) by 1.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,450 shares of the software company’s stock after buying an additional 45 shares during the period. Accretive Wealth Partners LLC’s holdings in Autodesk were worth $1,378,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in ADSK. Nuveen LLC bought a new stake in shares of Autodesk in the 1st quarter worth about $278,383,000. T. Rowe Price Investment Management Inc. lifted its holdings in shares of Autodesk by 44.1% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,318,319 shares of the software company’s stock worth $868,736,000 after acquiring an additional 1,016,187 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Autodesk by 336.7% in the 1st quarter. AQR Capital Management LLC now owns 572,701 shares of the software company’s stock worth $147,339,000 after acquiring an additional 441,571 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Autodesk by 13.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,454,264 shares of the software company’s stock worth $904,326,000 after acquiring an additional 400,514 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Autodesk by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 20,782,919 shares of the software company’s stock worth $5,440,968,000 after acquiring an additional 397,458 shares during the last quarter. Institutional investors own 90.24% of the company’s stock.

Autodesk Trading Up 1.3%

NASDAQ ADSK opened at $303.66 on Monday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.76 and a current ratio of 0.76. The company has a market capitalization of $64.68 billion, a price-to-earnings ratio of 62.87, a price-to-earnings-growth ratio of 2.69 and a beta of 1.49. The company’s 50-day simple moving average is $308.89 and its two-hundred day simple moving average is $295.99. Autodesk, Inc. has a one year low of $232.67 and a one year high of $329.09.

Autodesk (NASDAQ:ADSKGet Free Report) last posted its earnings results on Thursday, August 28th. The software company reported $1.46 EPS for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.99). The business had revenue of $1.76 billion for the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period last year, the business 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. Equities analysts forecast that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

Insider Buying and Selling at Autodesk

In other Autodesk news, EVP Rebecca Pearce sold 6,129 shares of the firm’s stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $323.06, for a total transaction of $1,980,034.74. Following the transaction, the executive vice president 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 position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Ruth Ann Keene sold 2,761 shares of the company’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $315.10, for a total value of $869,991.10. Following 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 disclosure for this sale can be found here. Over the last quarter, insiders sold 35,386 shares of company stock worth $11,433,201. Company insiders own 0.15% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on ADSK shares. Berenberg Bank set a $370.00 target price on shares of Autodesk in a report on Monday, September 1st. 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 note on Sunday, August 31st. Macquarie lifted their price objective on shares of Autodesk from $360.00 to $380.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Robert W. Baird lifted their price objective on shares of Autodesk from $345.00 to $363.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Finally, Wall Street Zen lowered shares of Autodesk from a “strong-buy” rating to a “buy” rating in a report on Sunday, September 28th. 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.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $359.13.

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Autodesk Profile

(Free Report)

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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Institutional Ownership by Quarter for Autodesk (NASDAQ:ADSK)

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