Autodesk, Inc. $ADSK Shares Purchased by ProShare Advisors LLC

ProShare Advisors LLC raised its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 4.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 341,176 shares of the software company’s stock after acquiring an additional 15,705 shares during the quarter. ProShare Advisors LLC’s holdings in Autodesk were worth $105,618,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. SouthState Corp increased its holdings in shares of Autodesk by 500.0% in the first quarter. SouthState Corp now owns 96 shares of the software company’s stock valued at $25,000 after buying an additional 80 shares in the last quarter. Costello Asset Management INC bought a new stake in shares of Autodesk during the 1st quarter worth $26,000. Close Asset Management Ltd acquired a new position in shares of Autodesk in the 1st quarter worth $27,000. Cheviot Value Management LLC acquired a new stake in shares of Autodesk during the first quarter worth $27,000. Finally, Flaharty Asset Management LLC purchased a new stake in shares of Autodesk during the first quarter valued at $27,000. 90.24% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Wells Fargo & Company lifted their price target on Autodesk from $360.00 to $375.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. Mizuho raised their target price on shares of Autodesk from $350.00 to $375.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Bank of America boosted their price target on shares of Autodesk from $330.00 to $360.00 and gave the company a “neutral” rating in a report on Friday, August 29th. UBS Group upped their price target on shares of Autodesk from $370.00 to $385.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Finally, Hsbc Global Res upgraded shares of Autodesk from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Autodesk presently has a consensus rating of “Moderate Buy” and a consensus price target of $359.13.

Autodesk Trading Up 0.5%

NASDAQ:ADSK opened at $298.72 on Tuesday. The firm has a market capitalization of $63.63 billion, a price-to-earnings ratio of 61.85, a price-to-earnings-growth ratio of 2.63 and a beta of 1.51. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.76 and a quick ratio of 0.76. The business has a fifty day moving average price of $313.47 and a 200-day moving average price of $301.62. Autodesk, Inc. has a one year low of $232.67 and a one year high of $329.09.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings results on Thursday, August 28th. The software company reported $1.46 EPS for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.99). Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The company had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.72 billion. During the same quarter in the previous year, the company earned $2.15 EPS. The business’s quarterly revenue 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. Sell-side analysts forecast that Autodesk, Inc. will post 5.76 EPS for the current year.

Insider Activity

In other Autodesk news, Director Ayanna Howard sold 917 shares of Autodesk stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $325.00, for a total transaction of $298,025.00. Following the transaction, the director owned 3,476 shares of the company’s stock, valued at $1,129,700. The trade was a 20.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Rebecca Pearce sold 6,129 shares of the company’s stock in a transaction that occurred 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 transaction, the executive vice president owned 13,311 shares of the company’s stock, valued at approximately $4,300,251.66. The trade was a 31.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 35,386 shares of company stock worth $11,433,201 in the last quarter. 0.15% of the stock is currently owned by insiders.

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.