KPP Advisory Services LLC Purchases New Position in Autodesk, Inc. $ADSK

KPP Advisory Services LLC acquired a new position in shares of Autodesk, Inc. (NASDAQ:ADSK) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 759 shares of the software company’s stock, valued at approximately $235,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Beacon Financial Group raised its holdings in shares of Autodesk by 3.0% during the 2nd quarter. Beacon Financial Group now owns 1,130 shares of the software company’s stock valued at $350,000 after buying an additional 33 shares during the period. Freedom Investment Management Inc. grew its position in Autodesk by 2.4% in the first quarter. Freedom Investment Management Inc. now owns 1,473 shares of the software company’s stock valued at $386,000 after acquiring an additional 34 shares in the last quarter. Financial Network Wealth Advisors LLC grew its position in Autodesk by 34.9% in the first quarter. Financial Network Wealth Advisors LLC now owns 143 shares of the software company’s stock valued at $37,000 after acquiring an additional 37 shares in the last quarter. Oregon Pacific Wealth Management LLC raised its stake in shares of Autodesk by 4.0% during the first quarter. Oregon Pacific Wealth Management LLC now owns 999 shares of the software company’s stock valued at $262,000 after purchasing an additional 38 shares during the period. Finally, E Fund Management Hong Kong Co. Ltd. raised its stake in shares of Autodesk by 67.8% during the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 99 shares of the software company’s stock valued at $31,000 after purchasing an additional 40 shares during the period. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ADSK. Mizuho lifted their price objective on shares of Autodesk from $350.00 to $375.00 and gave the company an “outperform” rating in a research note on Friday, August 29th. HSBC set a $343.00 price objective on shares of Autodesk and gave the company a “buy” rating in a research note on Wednesday, October 1st. Hsbc Global Res upgraded shares of Autodesk from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 1st. DA Davidson reiterated a “buy” rating and set a $375.00 price objective on shares of Autodesk in a research note on Friday, August 29th. Finally, Wall Street Zen lowered shares of Autodesk from a “strong-buy” rating to a “buy” rating in a research note on Sunday, September 28th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $359.13.

Autodesk Stock Up 0.5%

ADSK stock opened at $309.84 on Friday. Autodesk, Inc. has a twelve month low of $232.67 and a twelve month high of $329.09. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $66.00 billion, a P/E ratio of 64.15, a PEG ratio of 2.73 and a beta of 1.49. The firm has a 50 day simple moving average of $310.85 and a 200-day simple moving average of $297.06.

Autodesk (NASDAQ:ADSK) last released 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). Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The company had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.72 billion. During the same period in the previous year, the business posted $2.15 EPS. The firm’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. On average, equities research analysts predict that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Insider Activity at Autodesk

In other Autodesk news, EVP Steven M. Blum sold 22,420 shares of Autodesk stock in a transaction on Friday, September 5th. The shares were 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 owned 13,099 shares of the company’s stock, valued at $4,240,801.25. The trade was a 63.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Ayanna Howard sold 917 shares of Autodesk stock in a transaction on Monday, September 29th. The stock was sold at an average price of $325.00, for a total transaction of $298,025.00. Following the completion of the transaction, the director directly owned 3,476 shares of the company’s stock, valued at approximately $1,129,700. This represents a 20.87% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 35,386 shares of company stock worth $11,433,201 over the last three months. 0.15% of the stock is owned by corporate insiders.

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.