Kornitzer Capital Management Inc. KS Has $8.93 Million Position in Autodesk, Inc. $ADSK

Kornitzer Capital Management Inc. KS lowered its stake in shares of Autodesk, Inc. (NASDAQ:ADSK) by 13.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 28,123 shares of the software company’s stock after selling 4,300 shares during the period. Kornitzer Capital Management Inc. KS’s holdings in Autodesk were worth $8,934,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC lifted its stake in Autodesk by 14.5% in the 4th quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock valued at $343,000 after acquiring an additional 147 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in Autodesk by 98.1% in the second quarter. Sivia Capital Partners LLC now owns 2,472 shares of the software company’s stock valued at $765,000 after acquiring an additional 1,224 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in Autodesk by 10.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,252 shares of the software company’s stock valued at $388,000 after purchasing an additional 115 shares during the last quarter. ORG Partners LLC boosted its stake in shares of Autodesk by 865.2% during the 2nd quarter. ORG Partners LLC now owns 222 shares of the software company’s stock worth $69,000 after acquiring an additional 199 shares during the period. Finally, Signaturefd LLC increased its holdings in shares of Autodesk by 15.0% in the second quarter. Signaturefd LLC now owns 3,826 shares of the software company’s stock valued at $1,185,000 after purchasing an additional 500 shares during the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

Autodesk Stock Performance

Shares of Autodesk stock opened at $272.34 on Tuesday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $57.74 billion, a P/E ratio of 52.78, a price-to-earnings-growth ratio of 2.19 and a beta of 1.46. Autodesk, Inc. has a 12 month low of $232.67 and a 12 month high of $329.09. The business’s fifty day simple moving average is $289.94 and its 200 day simple moving average is $299.69.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings data on Tuesday, November 25th. The software company reported $2.67 EPS for the quarter, beating the consensus estimate of $2.50 by $0.17. The business had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.81 billion. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. The company’s revenue was up 18.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.17 earnings per share. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS and its Q4 2026 guidance at 2.590-2.67 EPS. As a group, analysts anticipate that Autodesk, Inc. will post 5.76 EPS for the current year.

Analyst Upgrades and Downgrades

ADSK has been the subject of several research reports. Redburn Partners set a $375.00 price target on Autodesk in a report on Friday, January 9th. Weiss Ratings restated a “hold (c+)” rating on shares of Autodesk in a research note on Wednesday, January 21st. Hsbc Global Res upgraded shares of Autodesk from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 1st. Wells Fargo & Company raised their price objective on Autodesk from $375.00 to $380.00 and gave the company an “overweight” rating in a report on Wednesday, November 26th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $355.00 target price on shares of Autodesk in a report on Monday, November 24th. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $369.97.

Autodesk Company Profile

Autodesk, Inc (NASDAQ: ADSK) is a software company that develops design and creation tools for the architecture, engineering and construction (AEC), manufacturing, and media and entertainment industries. Headquartered in San Rafael, California, the company was founded in 1982 and is best known for pioneering CAD (computer-aided design) software. Autodesk sells products and services to a global customer base, including architects, engineers, contractors, product designers, and content creators.

The company’s product portfolio includes industry-standard design and modeling applications such as AutoCAD, Revit, Inventor, Fusion 360, Maya and 3ds Max, as well as cloud-based collaboration and project management platforms like BIM 360 and Autodesk Construction Cloud.