Police & Firemen s Retirement System of New Jersey Purchases 915 Shares of Autodesk, Inc. $ADSK

Police & Firemen s Retirement System of New Jersey raised its position in Autodesk, Inc. (NASDAQ:ADSK) by 2.9% during the second quarter, according to its most recent filing with the SEC. The firm owned 32,349 shares of the software company’s stock after purchasing an additional 915 shares during the period. Police & Firemen s Retirement System of New Jersey’s holdings in Autodesk were worth $10,014,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of ADSK. Access Investment Management LLC acquired a new position in Autodesk in the second quarter valued at $28,000. Cheviot Value Management LLC acquired a new stake in Autodesk during the 1st quarter worth about $27,000. SouthState Corp raised its position in shares of Autodesk by 500.0% in the 1st quarter. SouthState Corp now owns 96 shares of the software company’s stock worth $25,000 after acquiring an additional 80 shares in the last quarter. Livelsberger Financial Advisory acquired a new position in shares of Autodesk in the 2nd quarter valued at about $31,000. Finally, E Fund Management Hong Kong Co. Ltd. boosted its position in shares of Autodesk by 67.8% during the 2nd 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 in the last quarter. 90.24% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Piper Sandler lifted their target price on Autodesk from $361.00 to $373.00 and gave the stock an “overweight” rating in a report on Friday, August 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $380.00 price objective on shares of Autodesk in a research report on Monday, October 6th. DA Davidson reiterated a “buy” rating and issued a $375.00 price objective on shares of Autodesk in a research note on Friday, August 29th. Berenberg Bank set a $370.00 target price on shares of Autodesk in a research note on Monday, September 1st. Finally, UBS Group raised their price target on shares of Autodesk from $370.00 to $385.00 and gave the stock a “buy” rating in a report on Friday, August 29th. One investment 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 stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $359.13.

Insider Buying and Selling at Autodesk

In other Autodesk news, EVP Steven M. Blum sold 22,420 shares of Autodesk stock in a transaction dated 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 in the company, valued at approximately $4,240,801.25. The trade was a 63.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Rebecca Pearce sold 6,129 shares of the business’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 value of $1,980,034.74. Following the sale, the executive vice president directly owned 13,311 shares of the company’s stock, valued at $4,300,251.66. This represents a 31.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 35,386 shares of company stock worth $11,433,201 in the last quarter. 0.15% of the stock is owned by insiders.

Autodesk Stock Performance

NASDAQ ADSK opened at $297.17 on Friday. The company has a market cap of $63.30 billion, a P/E ratio of 61.53, a PEG ratio of 2.63 and a beta of 1.51. The company has a fifty day simple moving average of $312.35 and a 200 day simple moving average of $301.81. 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, Inc. has a 12-month low of $232.67 and a 12-month high of $329.09.

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). The business had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.72 billion. Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The business’s quarterly revenue was up 17.1% on a year-over-year basis. During the same quarter in the previous 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. Sell-side analysts predict that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

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.