Strs Ohio Sells 1,848 Shares of Autodesk, Inc. $ADSK

Strs Ohio lowered its stake in shares of Autodesk, Inc. (NASDAQ:ADSK) by 3.4% during the second quarter, HoldingsChannel reports. The firm owned 51,990 shares of the software company’s stock after selling 1,848 shares during the quarter. Strs Ohio’s holdings in Autodesk were worth $16,095,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. OMNI 360 Wealth Inc. bought a new stake in Autodesk in the second quarter valued at approximately $359,000. E. Ohman J or Asset Management AB increased its holdings in shares of Autodesk by 1.8% during the 2nd quarter. E. Ohman J or Asset Management AB now owns 127,126 shares of the software company’s stock worth $39,354,000 after acquiring an additional 2,276 shares during the last quarter. Nordea Investment Management AB raised its stake in Autodesk by 5.6% in the 2nd quarter. Nordea Investment Management AB now owns 21,254 shares of the software company’s stock valued at $6,509,000 after acquiring an additional 1,124 shares during the period. GK Wealth Management LLC acquired a new stake in Autodesk during the 2nd quarter valued at $348,000. Finally, Schnieders Capital Management LLC bought a new position in Autodesk during the second quarter worth $466,000. 90.24% of the stock is owned by institutional investors.

Autodesk Stock Up 0.2%

NASDAQ ADSK opened at $301.34 on Friday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.91. The company has a market cap of $64.19 billion, a price-to-earnings ratio of 62.39, a PEG ratio of 2.63 and a beta of 1.49. The company has a 50 day moving average of $312.97 and a 200-day moving average of $299.75. Autodesk, Inc. has a 1-year low of $232.67 and a 1-year high of $329.09.

Autodesk (NASDAQ:ADSK) last posted 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). The company had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.72 billion. Autodesk had a return on equity of 51.23% and a net margin of 15.75%.Autodesk’s revenue was up 17.1% on a year-over-year basis. During the same quarter last year, the business 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. On average, equities research analysts expect that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ADSK has been the subject of a number of research reports. Royal Bank Of Canada restated an “outperform” rating and set a $380.00 target price on shares of Autodesk in a research note on Monday, October 6th. Oppenheimer raised their price objective on shares of Autodesk from $350.00 to $375.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. Citigroup boosted their price objective on Autodesk from $376.00 to $393.00 and gave the stock a “buy” rating in a report on Tuesday, September 2nd. Macquarie increased their target price on Autodesk from $360.00 to $380.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. Finally, Mizuho boosted their price target on Autodesk from $350.00 to $375.00 and gave the company an “outperform” rating in a research note 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 assigned a Hold rating to the company. Based on data from MarketBeat, Autodesk has an average rating of “Moderate Buy” and a consensus price target of $359.13.

Insider Buying and Selling

In related news, Director Ayanna Howard sold 3,159 shares of the business’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $325.00, for a total value of $1,026,675.00. Following the completion of the transaction, the director owned 4,393 shares of the company’s stock, valued at $1,427,725. The trade was a 41.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Ruth Ann Keene sold 2,761 shares of the stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $315.10, for a total transaction of $869,991.10. Following the sale, the executive vice president owned 80,255 shares in the company, valued at $25,288,350.50. The trade was a 3.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 35,386 shares of company stock worth $11,433,201 in the last ninety days. 0.15% of the stock is owned by company 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.