Atria Investments Inc Grows Position in Autodesk, Inc. $ADSK

Atria Investments Inc boosted its stake in Autodesk, Inc. (NASDAQ:ADSK) by 10.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 41,591 shares of the software company’s stock after purchasing an additional 4,033 shares during the quarter. Atria Investments Inc’s holdings in Autodesk were worth $12,875,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of ADSK. Brighton Jones LLC grew its holdings in Autodesk by 14.5% in the fourth quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock valued at $343,000 after purchasing an additional 147 shares during the period. Ameritas Advisory Services LLC grew its holdings in Autodesk by 16.6% in the first quarter. Ameritas Advisory Services LLC now owns 829 shares of the software company’s stock valued at $223,000 after purchasing an additional 118 shares during the period. Mather Group LLC. grew its stake in Autodesk by 13.4% during the first quarter. Mather Group LLC. now owns 2,603 shares of the software company’s stock worth $681,000 after buying an additional 307 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in Autodesk by 5.9% during the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 25,270 shares of the software company’s stock worth $6,616,000 after buying an additional 1,411 shares during the period. Finally, FSM Wealth Advisors LLC purchased a new stake in Autodesk during the first quarter worth approximately $297,000. 90.24% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ADSK has been the subject of several research reports. 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. Macquarie boosted their price objective on shares of Autodesk from $360.00 to $380.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. Loop Capital started coverage on shares of Autodesk in a research note on Monday, July 21st. They set a “hold” rating and a $320.00 price objective for the company. HSBC set a $343.00 target price on Autodesk and gave the company a “buy” rating in a report on Wednesday, October 1st. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $380.00 target price on shares of Autodesk in a report on Monday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Autodesk presently has an average rating of “Moderate Buy” and an average price target of $359.13.

Autodesk Price Performance

Shares of ADSK stock opened at $300.77 on Friday. The company has a market capitalization of $64.06 billion, a PE ratio of 62.27, a price-to-earnings-growth ratio of 2.63 and a beta of 1.49. The firm has a fifty day simple moving average of $312.75 and a 200-day simple moving average of $299.23. 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 twelve month low of $232.67 and a twelve month high of $329.09.

Autodesk (NASDAQ:ADSK) last announced its earnings results 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 firm had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.72 billion. Autodesk had a net margin of 15.75% and a return on equity of 51.23%. Autodesk’s revenue for the quarter was up 17.1% compared to the same quarter last year. During the same quarter last year, the company posted $2.15 earnings per share. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. Equities research analysts anticipate that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Insider Activity at Autodesk

In related news, EVP Ruth Ann Keene sold 2,761 shares of the company’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $315.10, for a total value of $869,991.10. Following the sale, the executive vice president directly owned 80,255 shares of the company’s stock, valued at $25,288,350.50. This represents a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Steven M. Blum sold 22,420 shares of the company’s stock in a transaction 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 sale, the executive vice president directly owned 13,099 shares in the company, valued at $4,240,801.25. This represents a 63.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 35,386 shares of company stock valued at $11,433,201. Insiders own 0.15% of the company’s stock.

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.