Foundations Investment Advisors LLC Has $531,000 Stock Holdings in Autodesk, Inc. $ADSK

Foundations Investment Advisors LLC decreased its holdings in shares of Autodesk, Inc. (NASDAQ:ADSK) by 16.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,716 shares of the software company’s stock after selling 333 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Autodesk were worth $531,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. SouthState Corp boosted its position in shares of Autodesk by 500.0% in the first quarter. SouthState Corp now owns 96 shares of the software company’s stock valued at $25,000 after acquiring an additional 80 shares during the period. Costello Asset Management INC bought a new position in Autodesk during the first quarter worth $26,000. Close Asset Management Ltd bought a new position in Autodesk during the first quarter worth $27,000. Cheviot Value Management LLC acquired a new position in Autodesk during the 1st quarter valued at $27,000. Finally, Flaharty Asset Management LLC bought a new stake in Autodesk in the 1st quarter valued at $27,000. 90.24% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Ayanna Howard sold 917 shares of the company’s 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Rebecca Pearce sold 6,129 shares of the 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 sale, the executive vice president owned 13,311 shares of the company’s stock, valued at $4,300,251.66. This trade represents a 31.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 35,386 shares of company stock worth $11,433,201 over the last 90 days. 0.15% of the stock is currently owned by company insiders.

Autodesk Trading Up 0.1%

ADSK stock opened at $292.23 on Wednesday. Autodesk, Inc. has a 1-year low of $232.67 and a 1-year high of $329.09. 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’s 50 day moving average is $310.45 and its 200-day moving average is $302.62. The firm has a market cap of $62.24 billion, a P/E ratio of 60.50, a P/E/G ratio of 2.63 and a beta of 1.51.

Autodesk (NASDAQ:ADSK) last posted its earnings results on Thursday, August 28th. The software company reported $1.46 EPS for the quarter, missing the consensus estimate of $2.45 by ($0.99). The company had revenue of $1.76 billion for 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%.Autodesk’s quarterly revenue was up 17.1% compared to the same quarter last year. During the same quarter last year, the business earned $2.15 EPS. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. Equities analysts anticipate that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on ADSK shares. Macquarie boosted their price objective on shares of Autodesk from $360.00 to $380.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Rosenblatt Securities boosted their price target on Autodesk from $345.00 to $355.00 and gave the company a “buy” rating in a research note on Friday, August 29th. Barclays upped their price target on Autodesk from $355.00 to $385.00 and gave the company an “overweight” rating in a report on Friday, August 29th. Piper Sandler lifted their price objective on Autodesk from $361.00 to $373.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Finally, Robert W. Baird boosted their price objective on Autodesk from $363.00 to $367.00 and gave the company an “outperform” rating in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $358.30.

About Autodesk

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.