Autodesk, Inc. $ADSK Shares Bought by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. raised its stake in Autodesk, Inc. (NASDAQ:ADSK) by 188.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,240 shares of the software company’s stock after purchasing an additional 7,342 shares during the period. Jefferies Financial Group Inc.’s holdings in Autodesk were worth $3,327,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. MQS Management LLC acquired a new stake in Autodesk in the 4th quarter valued at about $649,000. EverSource Wealth Advisors LLC raised its position in Autodesk by 25.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,669 shares of the software company’s stock valued at $494,000 after purchasing an additional 340 shares in the last quarter. Cumberland Partners Ltd raised its position in Autodesk by 65.7% in the 4th quarter. Cumberland Partners Ltd now owns 25,646 shares of the software company’s stock valued at $7,591,000 after purchasing an additional 10,164 shares in the last quarter. Advisory Alpha LLC raised its position in Autodesk by 5.9% in the 4th quarter. Advisory Alpha LLC now owns 3,756 shares of the software company’s stock valued at $1,112,000 after purchasing an additional 209 shares in the last quarter. Finally, Evoke Wealth LLC raised its position in Autodesk by 10.1% in the 4th quarter. Evoke Wealth LLC now owns 1,915 shares of the software company’s stock valued at $567,000 after purchasing an additional 176 shares in the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on ADSK. KeyCorp reduced their price target on Autodesk from $365.00 to $341.00 and set an “overweight” rating on the stock in a research report on Thursday, May 21st. Zacks Research lowered Autodesk from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 14th. UBS Group cut their target price on Autodesk from $400.00 to $290.00 and set a “buy” rating on the stock in a research report on Monday, February 23rd. BMO Capital Markets cut their target price on Autodesk from $343.00 to $279.00 and set a “market perform” rating on the stock in a research report on Monday, March 2nd. Finally, Wells Fargo & Company cut their target price on Autodesk from $365.00 to $350.00 and set an “overweight” rating on the stock in a research report on Friday, February 27th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $330.96.

Autodesk Price Performance

Shares of NASDAQ ADSK opened at $238.23 on Wednesday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.85 and a current ratio of 0.85. Autodesk, Inc. has a fifty-two week low of $214.10 and a fifty-two week high of $329.09. The firm has a market capitalization of $50.30 billion, a PE ratio of 45.46, a price-to-earnings-growth ratio of 1.55 and a beta of 1.32. The stock’s 50-day simple moving average is $239.35 and its 200-day simple moving average is $261.42.

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

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.