Achmea Investment Management B.V. Has $59.35 Million Position in Autodesk, Inc. $ADSK

Achmea Investment Management B.V. increased its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 2.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 191,708 shares of the software company’s stock after buying an additional 4,606 shares during the quarter. Autodesk comprises approximately 0.8% of Achmea Investment Management B.V.’s portfolio, making the stock its 24th largest holding. Achmea Investment Management B.V.’s holdings in Autodesk were worth $59,348,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Nuveen LLC acquired a new stake in shares of Autodesk during the 1st quarter worth about $278,383,000. T. Rowe Price Investment Management Inc. increased its holdings in shares of Autodesk by 44.1% in the first quarter. T. Rowe Price Investment Management Inc. now owns 3,318,319 shares of the software company’s stock valued at $868,736,000 after purchasing an additional 1,016,187 shares in the last quarter. AQR Capital Management LLC lifted its position in Autodesk by 336.7% during the 1st quarter. AQR Capital Management LLC now owns 572,701 shares of the software company’s stock valued at $147,339,000 after purchasing an additional 441,571 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Autodesk by 13.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,454,264 shares of the software company’s stock worth $904,326,000 after buying an additional 400,514 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in Autodesk by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 20,782,919 shares of the software company’s stock worth $5,440,968,000 after acquiring an additional 397,458 shares during the period. Institutional investors own 90.24% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on ADSK shares. Hsbc Global Res upgraded Autodesk from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 1st. Berenberg Bank set a $370.00 price target on shares of Autodesk in a research report on Monday, September 1st. Morgan Stanley lifted their price objective on shares of Autodesk from $370.00 to $385.00 and gave the stock an “overweight” rating in a research note on Sunday, August 31st. Wells Fargo & Company upped their target price on shares of Autodesk from $360.00 to $375.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. Finally, Barclays lifted their price target on shares of Autodesk from $355.00 to $385.00 and gave the stock an “overweight” rating in a research 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 given a Hold rating to the company. Based on data from MarketBeat.com, Autodesk currently has a consensus rating of “Moderate Buy” and a consensus price target of $359.13.

Insider Buying and Selling

In related news, Director Ayanna Howard sold 3,159 shares of the business’s stock in a transaction on Friday, August 29th. The shares were sold at an average price of $325.00, for a total transaction of $1,026,675.00. Following the transaction, the director directly owned 4,393 shares in the company, valued at approximately $1,427,725. The trade was a 41.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Rebecca Pearce sold 6,129 shares of the company’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 in the company, valued at $4,300,251.66. This trade represents a 31.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 35,386 shares of company stock valued at $11,433,201 in the last ninety days. 0.15% of the stock is owned by company insiders.

Autodesk Price Performance

NASDAQ ADSK opened at $300.96 on Thursday. The firm’s 50 day moving average is $314.01 and its 200-day moving average is $300.63. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $64.10 billion, a PE ratio of 62.31, a price-to-earnings-growth ratio of 2.63 and a beta of 1.51. Autodesk, Inc. has a 12-month low of $232.67 and a 12-month high of $329.09.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings results on Thursday, August 28th. The software company reported $1.46 earnings per share (EPS) 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 previous year, the firm posted $2.15 earnings per share. The firm’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. Equities research analysts anticipate that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

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.