95,737 Shares in Autodesk, Inc. $ADSK Acquired by AustralianSuper Pty Ltd

AustralianSuper Pty Ltd purchased a new position in Autodesk, Inc. (NASDAQ:ADSK) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 95,737 shares of the software company’s stock, valued at approximately $29,637,000.

Several other large investors have also recently added to or reduced their stakes in the business. Beacon Financial Group increased its position in Autodesk by 3.0% in the 2nd quarter. Beacon Financial Group now owns 1,130 shares of the software company’s stock valued at $350,000 after acquiring an additional 33 shares during the period. Freedom Investment Management Inc. increased its position in Autodesk by 2.4% in the 1st quarter. Freedom Investment Management Inc. now owns 1,473 shares of the software company’s stock valued at $386,000 after acquiring an additional 34 shares during the period. Financial Network Wealth Advisors LLC increased its position in Autodesk by 34.9% in the 1st quarter. Financial Network Wealth Advisors LLC now owns 143 shares of the software company’s stock valued at $37,000 after acquiring an additional 37 shares during the period. Oregon Pacific Wealth Management LLC increased its position in Autodesk by 4.0% in the 1st quarter. Oregon Pacific Wealth Management LLC now owns 999 shares of the software company’s stock valued at $262,000 after acquiring an additional 38 shares during the period. Finally, E Fund Management Hong Kong Co. Ltd. increased its position in Autodesk by 67.8% in the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 99 shares of the software company’s stock valued at $31,000 after acquiring an additional 40 shares during the period. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Rebecca Pearce sold 6,129 shares of the business’s stock in a transaction on 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 directly owned 13,311 shares of the company’s stock, valued at $4,300,251.66. The trade was a 31.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Ruth Ann Keene sold 2,761 shares of the business’s stock in a transaction on Wednesday, September 3rd. The stock was 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 $25,288,350.50. This trade represents a 3.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 35,386 shares of company stock valued at $11,433,201 over the last ninety days. 0.15% of the stock is currently owned by company insiders.

Autodesk Stock Up 0.2%

Shares of Autodesk stock opened at $313.53 on Tuesday. The stock’s fifty day moving average is $311.85 and its 200-day moving average is $298.57. The firm has a market capitalization of $66.78 billion, a PE ratio of 64.91, a price-to-earnings-growth ratio of 2.77 and a beta of 1.49. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.91. Autodesk, Inc. has a 12-month low of $232.67 and a 12-month high of $329.09.

Autodesk (NASDAQ:ADSK) last announced its earnings results on Thursday, August 28th. The software company reported $1.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.99). The company had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.72 billion. Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The firm’s revenue for the quarter was up 17.1% on a year-over-year basis. During the same period last year, the firm earned $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 analysts anticipate that Autodesk, Inc. will post 5.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms recently commented on ADSK. UBS Group raised their target price on Autodesk from $370.00 to $385.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Robert W. Baird raised their target price on Autodesk from $345.00 to $363.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Macquarie lifted their price target on Autodesk from $360.00 to $380.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Royal Bank Of Canada reissued an “outperform” rating and issued a $380.00 price objective on shares of Autodesk in a research note on Monday, October 6th. Finally, Oppenheimer boosted their price objective on Autodesk from $350.00 to $375.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $359.13.

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.