R Squared Ltd Has $482,000 Stake in Autodesk, Inc. $ADSK

R Squared Ltd decreased its position in Autodesk, Inc. (NASDAQ:ADSK) by 59.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,629 shares of the software company’s stock after selling 2,433 shares during the period. R Squared Ltd’s holdings in Autodesk were worth $482,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Patron Partners LLC raised its stake in shares of Autodesk by 0.8% in the 3rd quarter. Patron Partners LLC now owns 4,295 shares of the software company’s stock valued at $1,364,000 after purchasing an additional 35 shares during the period. Fulton Bank N.A. raised its stake in shares of Autodesk by 4.6% in the 3rd quarter. Fulton Bank N.A. now owns 812 shares of the software company’s stock valued at $258,000 after purchasing an additional 36 shares during the period. Catalyst Financial Partners LLC raised its stake in shares of Autodesk by 3.8% in the 3rd quarter. Catalyst Financial Partners LLC now owns 1,023 shares of the software company’s stock valued at $325,000 after purchasing an additional 37 shares during the period. Piscataqua Savings Bank raised its stake in shares of Autodesk by 33.3% in the 4th quarter. Piscataqua Savings Bank now owns 160 shares of the software company’s stock valued at $47,000 after purchasing an additional 40 shares during the period. Finally, Moss Adams Wealth Advisors LLC raised its stake in shares of Autodesk by 1.0% in the 4th quarter. Moss Adams Wealth Advisors LLC now owns 4,267 shares of the software company’s stock valued at $1,263,000 after purchasing an additional 41 shares during the period. Institutional investors and hedge funds own 90.24% of the company’s stock.

Autodesk Trading Down 0.1%

Shares of ADSK stock opened at $234.85 on Wednesday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.82. The stock has a market cap of $49.55 billion, a P/E ratio of 44.82, a price-to-earnings-growth ratio of 1.56 and a beta of 1.43. The stock has a 50 day simple moving average of $240.46 and a 200 day simple moving average of $269.70. Autodesk, Inc. has a 1 year low of $214.10 and a 1 year high of $329.09.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings results on Thursday, February 26th. The software company reported $2.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.64 by $0.21. The business had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.91 billion. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.The firm’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same period in the previous year, the company posted $2.29 earnings per share. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. On average, research analysts predict that Autodesk, Inc. will post 9.35 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have issued reports on ADSK shares. Rosenblatt Securities dropped their price target on Autodesk from $375.00 to $330.00 and set a “buy” rating on the stock in a research note on Tuesday, February 24th. Barclays lifted their price target on Autodesk from $300.00 to $315.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. DA Davidson decreased their target price on Autodesk from $375.00 to $325.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Arete Research dropped their price target on Autodesk from $460.00 to $456.00 and set a “buy” rating for the company in a report on Thursday, March 26th. Finally, Rothschild & Co Redburn set a $375.00 price target on Autodesk in a research note on Friday, January 9th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Autodesk presently has a consensus rating of “Moderate Buy” and an average price target of $335.93.

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.