3,876 Shares in Autodesk, Inc. $ADSK Acquired by Tema Etfs LLC

Tema Etfs LLC purchased a new position in shares of Autodesk, Inc. (NASDAQ:ADSK) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 3,876 shares of the software company’s stock, valued at approximately $1,231,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of Autodesk by 0.9% during the second quarter. Vanguard Group Inc. now owns 20,963,515 shares of the software company’s stock worth $6,489,675,000 after acquiring an additional 180,596 shares during the last quarter. State Street Corp boosted its stake in Autodesk by 1.8% during the 2nd quarter. State Street Corp now owns 10,086,995 shares of the software company’s stock worth $3,122,631,000 after purchasing an additional 174,247 shares during the period. Loomis Sayles & Co. L P boosted its stake in Autodesk by 1.5% during the 2nd quarter. Loomis Sayles & Co. L P now owns 5,831,447 shares of the software company’s stock worth $1,805,241,000 after purchasing an additional 88,066 shares during the period. Geode Capital Management LLC grew its position in Autodesk by 15.1% during the 2nd quarter. Geode Capital Management LLC now owns 5,606,264 shares of the software company’s stock worth $1,730,415,000 after purchasing an additional 734,449 shares during the last quarter. Finally, Ninety One UK Ltd increased its stake in Autodesk by 3.7% in the second quarter. Ninety One UK Ltd now owns 5,338,125 shares of the software company’s stock valued at $1,652,523,000 after purchasing an additional 191,448 shares during the period. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Autodesk Stock Performance

Shares of ADSK stock opened at $270.63 on Wednesday. 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 stock has a 50 day simple moving average of $296.05 and a 200-day simple moving average of $302.56. The company has a market cap of $57.37 billion, a price-to-earnings ratio of 52.45, a price-to-earnings-growth ratio of 2.26 and a beta of 1.46. Autodesk, Inc. has a 12-month low of $232.67 and a 12-month high of $329.09.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings results on Tuesday, November 25th. The software company reported $2.67 earnings per share for the quarter, beating analysts’ consensus estimates of $2.50 by $0.17. Autodesk had a return on equity of 52.06% and a net margin of 16.09%.The firm had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the previous year, the business earned $2.17 earnings per share. The company’s revenue for the quarter was up 18.0% compared to the same quarter last year. 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, equities analysts forecast that Autodesk, Inc. will post 5.76 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on ADSK shares. Wall Street Zen downgraded shares of Autodesk from a “strong-buy” rating to a “buy” rating in a research note on Sunday, September 28th. Rosenblatt Securities reaffirmed a “buy” rating and set a $355.00 price objective on shares of Autodesk in a research note on Monday, November 24th. KeyCorp reiterated an “overweight” rating on shares of Autodesk in a research note on Tuesday, December 16th. Hsbc Global Res raised Autodesk from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 1st. Finally, HSBC decreased their price target on Autodesk from $388.00 to $379.00 and set a “buy” rating for the company in a report on Friday, November 28th. Three 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. Based on data from MarketBeat.com, Autodesk currently has an average rating of “Moderate Buy” and a consensus price target of $369.97.

Autodesk 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.