IFP Advisors Inc Purchases 60 Shares of Autodesk, Inc. $ADSK

IFP Advisors Inc grew its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 2.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,122 shares of the software company’s stock after buying an additional 60 shares during the quarter. IFP Advisors Inc’s holdings in Autodesk were worth $657,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Beacon Financial Group grew its stake in Autodesk by 3.0% during the second quarter. Beacon Financial Group now owns 1,130 shares of the software company’s stock worth $350,000 after buying an additional 33 shares during the last quarter. Freedom Investment Management Inc. grew its stake in Autodesk by 2.4% during the first quarter. Freedom Investment Management Inc. now owns 1,473 shares of the software company’s stock worth $386,000 after buying an additional 34 shares during the last quarter. Financial Network Wealth Advisors LLC grew its stake in Autodesk by 34.9% during the first quarter. Financial Network Wealth Advisors LLC now owns 143 shares of the software company’s stock worth $37,000 after buying an additional 37 shares during the last quarter. Oregon Pacific Wealth Management LLC grew its stake in Autodesk by 4.0% during the first quarter. Oregon Pacific Wealth Management LLC now owns 999 shares of the software company’s stock worth $262,000 after buying an additional 38 shares during the last quarter. Finally, E Fund Management Hong Kong Co. Ltd. grew its stake in Autodesk by 67.8% during the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 99 shares of the software company’s stock worth $31,000 after buying an additional 40 shares during the last quarter. 90.24% of the stock is owned by institutional investors.

Autodesk Trading Up 1.5%

Shares of NASDAQ ADSK opened at $307.97 on Tuesday. The company’s 50 day simple moving average is $308.35 and its 200 day simple moving average is $294.84. Autodesk, Inc. has a fifty-two week low of $232.67 and a fifty-two week high of $329.09. The firm has a market capitalization of $65.60 billion, a P/E ratio of 63.76, a P/E/G ratio of 2.69 and a beta of 1.49. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.76 and a quick ratio of 0.76.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings data on Thursday, August 28th. The software company reported $1.46 earnings per share for the quarter, missing the consensus estimate of $2.45 by ($0.99). Autodesk had a net margin of 15.75% and a return on equity of 51.23%. The business had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.72 billion. During the same quarter in the prior year, the company earned $2.15 earnings per share. The company’s quarterly revenue was up 17.1% on a year-over-year basis. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. On average, analysts predict that Autodesk, Inc. will post 5.76 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on ADSK. Macquarie increased their price target on shares of Autodesk from $360.00 to $380.00 and gave the company an “outperform” rating in a research note on Friday, August 29th. HSBC set a $343.00 price target on shares of Autodesk and gave the company a “buy” rating in a research note on Wednesday, October 1st. Loop Capital began coverage on shares of Autodesk in a research note on Monday, July 21st. They set a “hold” rating and a $320.00 price target on the stock. Royal Bank Of Canada reissued an “outperform” rating and set a $380.00 price target on shares of Autodesk in a research note on Monday, October 6th. Finally, Mizuho increased their price target 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 assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $359.13.

Insider Buying and Selling at Autodesk

In other Autodesk news, EVP Ruth Ann Keene sold 2,761 shares of the stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $315.10, for a total value 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. This trade represents a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Ayanna Howard sold 3,159 shares of the stock in a transaction on Friday, August 29th. The stock was sold at an average price of $325.00, for a total transaction of $1,026,675.00. Following the completion of the sale, the director owned 4,393 shares in the company, valued at approximately $1,427,725. This trade represents a 41.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 35,386 shares of company stock valued at $11,433,201. 0.15% of the stock is currently owned by corporate 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.