CVA Family Office LLC increased its position in shares of Autodesk, Inc. (NASDAQ:ADSK – Free Report) by 20.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 487 shares of the software company’s stock after acquiring an additional 84 shares during the period. CVA Family Office LLC’s holdings in Autodesk were worth $151,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. SouthState Corp grew its holdings in shares of Autodesk by 500.0% during the first quarter. SouthState Corp now owns 96 shares of the software company’s stock worth $25,000 after purchasing an additional 80 shares during the last quarter. Costello Asset Management INC acquired a new stake in Autodesk during the 1st quarter worth approximately $26,000. Close Asset Management Ltd acquired a new stake in Autodesk during the 1st quarter worth approximately $27,000. Cheviot Value Management LLC bought a new stake in Autodesk during the 1st quarter worth approximately $27,000. Finally, Flaharty Asset Management LLC acquired a new position in Autodesk in the 1st quarter valued at approximately $27,000. 90.24% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
ADSK has been the topic of a number of recent research reports. Barclays lifted their price target on shares of Autodesk from $355.00 to $385.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Rosenblatt Securities lifted their target price on Autodesk from $345.00 to $355.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Morgan Stanley increased their price target on Autodesk from $370.00 to $385.00 and gave the company an “overweight” rating in a research note on Sunday, August 31st. Hsbc Global Res raised Autodesk from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 1st. Finally, Mizuho upped their target price on Autodesk from $350.00 to $375.00 and gave the company an “outperform” rating in a report on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Autodesk has a consensus rating of “Moderate Buy” and an average target price of $359.13.
Autodesk Stock Up 1.0%
Shares of Autodesk stock opened at $312.88 on Friday. The stock’s 50-day moving average is $311.38 and its 200 day moving average is $297.98. Autodesk, Inc. has a one year low of $232.67 and a one year high of $329.09. The firm has a market cap of $66.64 billion, a price-to-earnings ratio of 64.78, a PEG ratio of 2.77 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 – Get Free Report) last issued its earnings results on Thursday, August 28th. The software company reported $1.46 earnings per share for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.99). The business had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.72 billion. Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The company’s revenue for the quarter was up 17.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.15 earnings per share. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. Equities research analysts anticipate that Autodesk, Inc. will post 5.76 EPS for the current year.
Insider Activity at Autodesk
In other news, EVP Steven M. Blum sold 22,420 shares of the stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $323.75, for a total transaction of $7,258,475.00. Following the transaction, the executive vice president owned 13,099 shares of the company’s stock, valued at $4,240,801.25. This represents a 63.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Rebecca Pearce sold 6,129 shares of the firm’s stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $323.06, for a total value of $1,980,034.74. Following the completion of the sale, the executive vice president owned 13,311 shares of the company’s stock, valued at approximately $4,300,251.66. This represents a 31.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 35,386 shares of company stock worth $11,433,201 over the last quarter. 0.15% of the stock is currently owned by insiders.
Autodesk Company 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.
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