BNP PARIBAS ASSET MANAGEMENT Holding S.A. Sells 70,803 Shares of Autodesk, Inc. $ADSK

BNP PARIBAS ASSET MANAGEMENT Holding S.A. cut its holdings in shares of Autodesk, Inc. (NASDAQ:ADSK) by 14.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 430,298 shares of the software company’s stock after selling 70,803 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in Autodesk were worth $133,125,000 as of its most recent SEC filing.

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

Autodesk Stock Performance

NASDAQ ADSK opened at $300.86 on Wednesday. The firm’s fifty day moving average price is $313.71 and its two-hundred day moving average price is $300.63. The stock has a market cap of $64.08 billion, a PE ratio of 62.29, a PEG ratio of 2.63 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 company has a debt-to-equity ratio of 0.91, a quick ratio of 0.76 and a current ratio of 0.76.

Autodesk (NASDAQ:ADSK) last posted its 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 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%.The business’s quarterly revenue was up 17.1% compared to the same quarter last year. During the same period in the previous year, the firm 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 analysts expect that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

Insider Activity at Autodesk

In other Autodesk news, Director Ayanna Howard sold 917 shares of the business’s stock in a transaction on Monday, September 29th. The shares were sold at an average price of $325.00, for a total transaction of $298,025.00. Following the sale, the director owned 3,476 shares of the company’s stock, valued at approximately $1,129,700. The trade was a 20.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Ruth Ann Keene sold 2,761 shares of the business’s stock in a transaction 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 sale, the executive vice president directly owned 80,255 shares in the company, valued at approximately $25,288,350.50. The trade was a 3.33% decrease in their position. The SEC filing for this sale provides additional information. 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.

Wall Street Analyst Weigh In

ADSK has been the topic of several recent research reports. UBS Group raised their target price on shares of Autodesk from $370.00 to $385.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Barclays lifted their price objective 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 lifted their price objective 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. Citigroup lifted their price objective on shares of Autodesk from $376.00 to $393.00 and gave the company a “buy” rating in a research note on Tuesday, September 2nd. Finally, Oppenheimer lifted their price objective on shares of 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 issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price 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.