Steward Partners Investment Advisory LLC Buys 1,046 Shares of Autodesk, Inc. $ADSK

Steward Partners Investment Advisory LLC grew its stake in shares of Autodesk, Inc. (NASDAQ:ADSK) by 6.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 18,053 shares of the software company’s stock after purchasing an additional 1,046 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Autodesk were worth $5,589,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. SouthState Corp raised its holdings in Autodesk by 500.0% during the 1st quarter. SouthState Corp now owns 96 shares of the software company’s stock valued at $25,000 after buying an additional 80 shares during the last quarter. Costello Asset Management INC bought a new stake in Autodesk in the 1st quarter worth $26,000. Cheviot Value Management LLC purchased a new position in shares of Autodesk in the first quarter valued at about $27,000. Flaharty Asset Management LLC bought a new position in shares of Autodesk during the first quarter valued at about $27,000. Finally, Access Investment Management LLC bought a new position in shares of Autodesk during the second quarter valued at about $28,000. Institutional investors own 90.24% of the company’s stock.

Autodesk Trading Up 2.4%

NASDAQ ADSK opened at $301.38 on Thursday. The firm has a market capitalization of $64.19 billion, a PE ratio of 62.40, a P/E/G ratio of 2.63 and a beta of 1.51. The stock’s 50 day moving average is $307.02 and its 200 day moving average is $302.85. Autodesk, Inc. has a twelve month low of $232.67 and a twelve month high of $329.09. 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 (NASDAQ:ADSK) last posted its quarterly earnings data on Tuesday, November 25th. The software company reported $2.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.50 by $0.17. Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The business had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the prior year, the company earned $2.17 earnings per share. The firm’s quarterly revenue was up 18.0% compared to the same quarter last year. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS. Q4 2026 guidance at 2.590-2.67 EPS. Research analysts forecast that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Insider Buying and Selling at Autodesk

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

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Rosenblatt Securities restated a “buy” rating and set a $355.00 price target on shares of Autodesk in a report on Monday. The Goldman Sachs Group increased their price objective on Autodesk from $320.00 to $330.00 and gave the stock a “neutral” rating in a report on Wednesday. Wells Fargo & Company boosted their target price on Autodesk from $375.00 to $380.00 and gave the company an “overweight” rating in a research note on Wednesday. Barclays upped their target price on Autodesk from $385.00 to $390.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, Robert W. Baird lifted their price target on shares of Autodesk from $367.00 to $377.00 and gave the company an “outperform” rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $364.24.

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.