Bailard Inc. Has $1.98 Million Stock Holdings in Autodesk, Inc. $ADSK

Bailard Inc. decreased its stake in shares of Autodesk, Inc. (NASDAQ:ADSK) by 17.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 6,400 shares of the software company’s stock after selling 1,333 shares during the period. Bailard Inc.’s holdings in Autodesk were worth $1,981,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. SouthState Corp grew its position 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 purchasing an additional 80 shares during the last quarter. Costello Asset Management INC bought a new stake in Autodesk in the 1st quarter valued at $26,000. Close Asset Management Ltd bought a new stake in Autodesk in the 1st quarter valued at $27,000. Cheviot Value Management LLC acquired a new position in Autodesk in the 1st quarter valued at $27,000. Finally, Flaharty Asset Management LLC bought a new position in Autodesk during the 1st quarter worth $27,000. 90.24% of the stock is owned by institutional investors.

Analysts Set New Price Targets

ADSK has been the subject of a number of research reports. Wall Street Zen downgraded Autodesk from a “strong-buy” rating to a “buy” rating in a report on Sunday, September 28th. Loop Capital began coverage on shares of Autodesk in a research report on Monday, July 21st. They set a “hold” rating and a $320.00 price target on the stock. KeyCorp boosted their price objective on shares of Autodesk from $350.00 to $365.00 and gave the company an “overweight” rating in a report on Friday, August 29th. Citigroup increased their target price on shares of Autodesk from $376.00 to $393.00 and gave the stock a “buy” rating in a research report on Tuesday, September 2nd. Finally, Berenberg Bank set a $370.00 target price on shares of Autodesk in a report on Monday, September 1st. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $359.13.

Autodesk Trading Down 0.0%

Shares of Autodesk stock opened at $301.74 on Thursday. 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. The company has a market capitalization of $64.27 billion, a price-to-earnings ratio of 62.47, a PEG ratio of 2.63 and a beta of 1.51. The firm’s 50-day moving average price is $312.81 and its two-hundred day moving average price is $301.84.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings results on Thursday, August 28th. The software company reported $1.46 earnings per share for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.99). The firm had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.72 billion. Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The business’s revenue was up 17.1% on a year-over-year basis. During the same period last year, the company posted $2.15 EPS. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. On average, analysts forecast that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Steven M. Blum sold 22,420 shares of the business’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $323.75, for a total transaction of $7,258,475.00. Following the completion of the transaction, the executive vice president owned 13,099 shares of the company’s stock, valued at approximately $4,240,801.25. The trade was a 63.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Ruth Ann Keene sold 2,761 shares of the firm’s stock in a transaction dated 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 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 35,386 shares of company stock valued at $11,433,201 over the last ninety days. Company insiders own 0.15% of the company’s stock.

Autodesk 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.