Autodesk, Inc. $ADSK Shares Purchased by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in shares of Autodesk, Inc. (NASDAQ:ADSK) by 26.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 57,782 shares of the software company’s stock after acquiring an additional 12,100 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Autodesk were worth $17,888,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in Autodesk by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 20,782,919 shares of the software company’s stock valued at $5,440,968,000 after acquiring an additional 397,458 shares during the last quarter. Ninety One UK Ltd raised its stake in Autodesk by 3.7% during the 2nd quarter. Ninety One UK Ltd now owns 5,338,125 shares of the software company’s stock valued at $1,652,523,000 after acquiring an additional 191,448 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Autodesk by 13.1% during the 1st 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 valued at $904,326,000 after acquiring an additional 400,514 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its stake in Autodesk by 44.1% during the 1st 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 acquiring an additional 1,016,187 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in Autodesk by 4.3% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 3,000,268 shares of the software company’s stock valued at $785,470,000 after acquiring an additional 124,948 shares during the last quarter. 90.24% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Autodesk

In related news, EVP Steven M. Blum sold 22,420 shares of the firm’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $323.75, for a total value of $7,258,475.00. Following the completion of the transaction, the executive vice president directly owned 13,099 shares of the company’s stock, valued at $4,240,801.25. This trade represents a 63.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Ruth Ann Keene sold 2,761 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president directly owned 80,255 shares of the company’s stock, valued at $25,288,350.50. The trade was a 3.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 35,386 shares of company stock valued at $11,433,201. Company insiders own 0.15% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on ADSK shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Autodesk in a research note on Wednesday, October 8th. KeyCorp upped their price objective on Autodesk from $350.00 to $365.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. Macquarie increased their target price on Autodesk from $360.00 to $380.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. Barclays increased their target price on Autodesk from $355.00 to $385.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. Finally, Wells Fargo & Company increased their target price on Autodesk from $360.00 to $375.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. One 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, the company has an average rating of “Moderate Buy” and an average target price of $359.13.

Autodesk Stock Performance

Shares of ADSK stock opened at $311.08 on Wednesday. Autodesk, Inc. has a 12-month low of $232.67 and a 12-month high of $329.09. The company has a market cap of $66.26 billion, a price-to-earnings ratio of 64.41, a price-to-earnings-growth ratio of 2.78 and a beta of 1.49. The stock has a 50 day simple moving average of $312.29 and a 200-day simple moving average of $298.95. 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 released its quarterly earnings data on Thursday, August 28th. The software company reported $1.46 earnings per share 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 firm had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.72 billion. During the same period in the previous year, the business earned $2.15 earnings per share. The business’s revenue for the quarter 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. On average, equities analysts forecast that Autodesk, Inc. will post 5.76 EPS for the current 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.