Asset Management One Co. Ltd. Acquires 2,340 Shares of Autodesk, Inc. $ADSK

Asset Management One Co. Ltd. raised its holdings in shares of Autodesk, Inc. (NASDAQ:ADSK) by 2.6% in the 2nd quarter, Holdings Channel.com reports. The fund owned 93,128 shares of the software company’s stock after buying an additional 2,340 shares during the period. Asset Management One Co. Ltd.’s holdings in Autodesk were worth $28,830,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in ADSK. SouthState Corp grew its stake in shares of Autodesk by 500.0% during the 1st quarter. SouthState Corp now owns 96 shares of the software company’s stock worth $25,000 after acquiring an additional 80 shares in the last quarter. Costello Asset Management INC bought a new position in shares of Autodesk during the 1st quarter worth approximately $26,000. Close Asset Management Ltd bought a new position in shares of Autodesk during the 1st quarter worth approximately $27,000. Cheviot Value Management LLC bought a new position in shares of Autodesk during the 1st quarter worth approximately $27,000. Finally, Flaharty Asset Management LLC bought a new position in shares of Autodesk during the 1st quarter worth approximately $27,000. 90.24% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Autodesk news, EVP Rebecca Pearce sold 6,129 shares of the firm’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 completion of 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Ruth Ann Keene sold 2,761 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The shares were 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 of the company’s stock, valued at $25,288,350.50. This represents a 3.33% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 35,386 shares of company stock worth $11,433,201. Company insiders own 0.15% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on ADSK. Rosenblatt Securities raised their price target on shares of Autodesk from $345.00 to $355.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. Loop Capital initiated coverage on shares of Autodesk in a research note on Monday, July 21st. They issued a “hold” rating and a $320.00 target price for the company. HSBC set a $343.00 target price on shares of Autodesk and gave the company a “buy” rating in a research note on Wednesday, October 1st. Citigroup raised their target price on shares of Autodesk from $376.00 to $393.00 and gave the company a “buy” rating in a research note on Tuesday, September 2nd. Finally, Berenberg Bank set a $370.00 target price on shares of Autodesk in a research note on Monday, September 1st. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $359.13.

Autodesk Price Performance

NASDAQ:ADSK opened at $312.88 on Friday. The firm has a fifty day simple moving average of $311.38 and a 200 day simple moving average of $297.57. Autodesk, Inc. has a 1-year low of $232.67 and a 1-year high of $329.09. The stock has a market capitalization of $66.64 billion, a PE ratio of 64.78, a P/E/G ratio of 2.75 and a beta of 1.49. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.91.

Autodesk (NASDAQ:ADSK) last announced 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 for the quarter, compared to analyst estimates of $1.72 billion. During the same period in the prior year, the business earned $2.15 EPS. The company’s revenue for the quarter was up 17.1% compared to the same quarter last year. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. On average, research analysts expect that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

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.