3,850 Shares in Autodesk, Inc. $ADSK Bought by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. purchased a new stake in shares of Autodesk, Inc. (NASDAQ:ADSK) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,850 shares of the software company’s stock, valued at approximately $1,192,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ADSK. SouthState Corp lifted its stake in shares of Autodesk by 500.0% in the 1st quarter. SouthState Corp now owns 96 shares of the software company’s stock valued at $25,000 after purchasing an additional 80 shares in the last quarter. Costello Asset Management INC purchased a new position in Autodesk in the first quarter valued at approximately $26,000. Cheviot Value Management LLC acquired a new position in Autodesk during the first quarter valued at approximately $27,000. Flaharty Asset Management LLC purchased a new stake in Autodesk during the first quarter worth approximately $27,000. Finally, Access Investment Management LLC purchased a new stake in Autodesk during the second quarter worth approximately $28,000. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Autodesk Stock Up 2.4%

Shares of Autodesk stock opened at $301.38 on Thursday. Autodesk, Inc. has a 1-year low of $232.67 and a 1-year high of $329.09. The company has a market capitalization of $64.19 billion, a PE ratio of 62.40, a P/E/G ratio of 2.63 and a beta of 1.51. 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 business has a 50-day moving average of $307.02 and a 200-day moving average of $302.85.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings results on Tuesday, November 25th. The software company reported $2.67 EPS for the quarter, beating analysts’ consensus estimates of $2.50 by $0.17. Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The firm had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the prior year, the business posted $2.17 earnings per share. Autodesk’s revenue for the quarter was up 18.0% on a year-over-year basis. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS. Q4 2026 guidance at 2.590-2.67 EPS. As a group, equities analysts forecast that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

Insiders Place Their Bets

In other Autodesk news, EVP Rebecca Pearce sold 6,129 shares of the stock in a transaction on 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 directly owned 13,311 shares in the company, valued at $4,300,251.66. This represents a 31.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Ruth Ann Keene sold 2,761 shares of the firm’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 transaction, the executive vice president directly owned 80,255 shares of the company’s stock, valued at approximately $25,288,350.50. This represents a 3.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 35,386 shares of company stock valued at $11,433,201. Corporate insiders own 0.15% of the company’s stock.

Wall Street Analysts Forecast Growth

ADSK has been the topic of several recent research reports. Morgan Stanley lifted their target price on shares of Autodesk from $370.00 to $385.00 and gave the company an “overweight” rating in a report on Sunday, August 31st. Bank of America raised their price objective on Autodesk from $360.00 to $365.00 and gave the company a “neutral” rating in a research report on Wednesday. The Goldman Sachs Group boosted their price objective on Autodesk from $320.00 to $330.00 and gave the stock a “neutral” rating in a research note on Wednesday. Piper Sandler increased their target price on Autodesk from $361.00 to $373.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $355.00 target price on shares of Autodesk in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $364.24.

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.