Autodesk, Inc. $ADSK Shares Sold by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC trimmed its holdings in shares of Autodesk, Inc. (NASDAQ:ADSK) by 55.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 371 shares of the software company’s stock after selling 458 shares during the period. Ameritas Advisory Services LLC’s holdings in Autodesk were worth $115,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. Flagship Private Wealth LLC acquired a new position in Autodesk during the second quarter worth about $205,000. Ashton Thomas Securities LLC grew its holdings in Autodesk by 3.1% during the second quarter. Ashton Thomas Securities LLC now owns 3,986 shares of the software company’s stock worth $1,234,000 after acquiring an additional 119 shares during the period. Exchange Capital Management Inc. grew its holdings in Autodesk by 17.1% during the second quarter. Exchange Capital Management Inc. now owns 3,008 shares of the software company’s stock worth $931,000 after acquiring an additional 440 shares during the period. Hilltop National Bank acquired a new position in Autodesk during the second quarter worth about $31,000. Finally, Triad Wealth Partners LLC acquired a new position in Autodesk during the second quarter worth about $430,000. 90.24% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on ADSK shares. KeyCorp lifted their target price on Autodesk from $350.00 to $365.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Autodesk in a report on Wednesday. Hsbc Global Res upgraded Autodesk from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 1st. Rosenblatt Securities increased their price target on Autodesk from $345.00 to $355.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Finally, Citigroup increased their price target on Autodesk from $376.00 to $393.00 and gave the company a “buy” rating in a research report on Tuesday, September 2nd. One 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 stock. According to MarketBeat.com, Autodesk currently has an average rating of “Moderate Buy” and an average target price of $359.13.

Autodesk Trading Down 0.4%

Shares of NASDAQ ADSK opened at $310.32 on Friday. Autodesk, Inc. has a one year low of $232.67 and a one year high of $329.09. The firm has a market capitalization of $66.10 billion, a PE ratio of 64.25, a PEG ratio of 2.76 and a beta of 1.49. 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 business has a 50-day moving average price of $308.11 and a two-hundred day moving average price of $293.98.

Autodesk (NASDAQ:ADSK) last announced 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). Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The business had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.72 billion. During the same quarter in the previous year, the business posted $2.15 earnings per share. The company’s revenue was up 17.1% compared to the same quarter last year. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. As a group, analysts predict that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Autodesk news, EVP Rebecca Pearce sold 6,129 shares of the firm’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $323.06, for a total transaction of $1,980,034.74. Following the completion of the sale, the executive vice president directly owned 13,311 shares in the company, valued at approximately $4,300,251.66. This trade represents a 31.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Ayanna Howard sold 917 shares of Autodesk stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $325.00, for a total value of $298,025.00. Following the sale, the director owned 3,476 shares of the company’s stock, valued at approximately $1,129,700. This represents a 20.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 35,386 shares of company stock valued at $11,433,201. 0.15% of the stock is owned by insiders.

Autodesk 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.