Autodesk, Inc. $ADSK Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC decreased its stake in Autodesk, Inc. (NASDAQ:ADSK) by 17.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 281,029 shares of the software company’s stock after selling 60,147 shares during the period. ProShare Advisors LLC owned approximately 0.13% of Autodesk worth $89,274,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Autodesk by 12.8% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 153,180 shares of the software company’s stock worth $48,661,000 after acquiring an additional 17,358 shares during the period. BI Asset Management Fondsmaeglerselskab A S boosted its position in Autodesk by 18.7% during the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 130,669 shares of the software company’s stock worth $41,510,000 after purchasing an additional 20,543 shares in the last quarter. Pacific Heights Asset Management LLC grew its holdings in Autodesk by 26.9% in the third quarter. Pacific Heights Asset Management LLC now owns 85,000 shares of the software company’s stock valued at $27,002,000 after purchasing an additional 18,000 shares during the last quarter. Nordea Investment Management AB increased its position in shares of Autodesk by 5.6% in the second quarter. Nordea Investment Management AB now owns 21,254 shares of the software company’s stock valued at $6,509,000 after buying an additional 1,124 shares in the last quarter. Finally, J. Safra Sarasin Holding AG increased its position in shares of Autodesk by 6.7% in the third quarter. J. Safra Sarasin Holding AG now owns 118,050 shares of the software company’s stock valued at $37,501,000 after buying an additional 7,417 shares in the last quarter. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ADSK. Wolfe Research lowered their price target on shares of Autodesk from $390.00 to $330.00 and set an “outperform” rating on the stock in a research report on Monday, February 2nd. Barclays increased their target price on Autodesk from $385.00 to $390.00 and gave the company an “overweight” rating in a report on Wednesday, November 26th. Wells Fargo & Company boosted their price target on Autodesk from $375.00 to $380.00 and gave the stock an “overweight” rating in a report on Wednesday, November 26th. UBS Group reaffirmed a “buy” rating and set a $400.00 price objective on shares of Autodesk in a research note on Wednesday, November 26th. Finally, Arete Research boosted their target price on shares of Autodesk from $430.00 to $460.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $369.04.

Autodesk Stock Performance

Autodesk stock opened at $242.53 on Tuesday. The stock has a fifty day moving average price of $280.92 and a 200 day moving average price of $296.63. Autodesk, Inc. has a 52 week low of $232.67 and a 52 week high of $329.09. The firm has a market capitalization of $51.42 billion, a P/E ratio of 47.00, a PEG ratio of 1.68 and a beta of 1.45. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.86.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings results on Tuesday, November 25th. The software company reported $2.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.50 by $0.17. Autodesk had a return on equity of 52.06% and a net margin of 16.09%.The firm had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period last year, the company earned $2.17 EPS. The firm’s quarterly revenue was up 18.0% on a year-over-year basis. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS and its Q4 2026 guidance at 2.590-2.67 EPS. Equities research analysts anticipate that Autodesk, Inc. will post 5.76 earnings per share for the current year.

Autodesk Profile

Autodesk, Inc (NASDAQ: ADSK) is a software company that develops design and creation tools for the architecture, engineering and construction (AEC), manufacturing, and media and entertainment industries. Headquartered in San Rafael, California, the company was founded in 1982 and is best known for pioneering CAD (computer-aided design) software. Autodesk sells products and services to a global customer base, including architects, engineers, contractors, product designers, and content creators.

The company’s product portfolio includes industry-standard design and modeling applications such as AutoCAD, Revit, Inventor, Fusion 360, Maya and 3ds Max, as well as cloud-based collaboration and project management platforms like BIM 360 and Autodesk Construction Cloud.