Universal Beteiligungs und Servicegesellschaft mbH Sells 19,522 Shares of Autodesk, Inc. $ADSK

Universal Beteiligungs und Servicegesellschaft mbH cut its stake in Autodesk, Inc. (NASDAQ:ADSK) by 3.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 507,541 shares of the software company’s stock after selling 19,522 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Autodesk were worth $161,231,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in ADSK. Norges Bank purchased a new position in shares of Autodesk in the 2nd quarter valued at approximately $777,202,000. Geode Capital Management LLC boosted its holdings in shares of Autodesk by 15.1% during the 2nd quarter. Geode Capital Management LLC now owns 5,606,264 shares of the software company’s stock valued at $1,730,415,000 after buying an additional 734,449 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Autodesk by 18.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,544,520 shares of the software company’s stock valued at $1,125,988,000 after buying an additional 564,136 shares in the last quarter. Vontobel Holding Ltd. grew its position in shares of Autodesk by 254.2% in the 3rd quarter. Vontobel Holding Ltd. now owns 676,701 shares of the software company’s stock worth $214,968,000 after buying an additional 485,661 shares during the period. Finally, Skandinaviska Enskilda Banken AB publ lifted its position in Autodesk by 210.9% during the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 639,645 shares of the software company’s stock valued at $198,031,000 after acquiring an additional 433,908 shares during the period. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on ADSK shares. KeyCorp reiterated an “overweight” rating on shares of Autodesk in a report on Tuesday, December 16th. Royal Bank Of Canada restated an “outperform” rating and issued a $380.00 target price on shares of Autodesk in a report on Monday, October 6th. Barclays boosted their price target on Autodesk from $385.00 to $390.00 and gave the company an “overweight” rating in a research note on Wednesday, November 26th. Redburn Partners set a $375.00 target price on Autodesk in a research report on Friday, January 9th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $355.00 price target on shares of Autodesk in a research report on Monday, November 24th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $369.97.

Autodesk Stock Performance

NASDAQ ADSK opened at $253.87 on Wednesday. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.82 and a quick ratio of 0.82. Autodesk, Inc. has a 1-year low of $232.67 and a 1-year high of $329.09. The business has a 50 day simple moving average of $292.36 and a two-hundred day simple moving average of $300.77. The stock has a market capitalization of $53.82 billion, a PE ratio of 49.20, a P/E/G ratio of 2.16 and a beta of 1.46.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings results on Tuesday, November 25th. The software company reported $2.67 earnings per share for the quarter, topping the consensus estimate of $2.50 by $0.17. The company had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.81 billion. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. Autodesk’s quarterly revenue was up 18.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $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. On average, research analysts predict that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

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.