Autodesk, Inc. $ADSK Shares Purchased by Vontobel Holding Ltd.

Vontobel Holding Ltd. raised its stake in shares of Autodesk, Inc. (NASDAQ:ADSK) by 254.2% in the 3rd quarter, Holdings Channel reports. The fund owned 676,701 shares of the software company’s stock after acquiring an additional 485,661 shares during the quarter. Vontobel Holding Ltd.’s holdings in Autodesk were worth $214,968,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of ADSK. Flaharty Asset Management LLC acquired a new position in shares of Autodesk in the first quarter valued at approximately $27,000. Access Investment Management LLC acquired a new stake in shares of Autodesk during the second quarter worth $28,000. Heartwood Wealth Advisors LLC purchased a new position in Autodesk in the 3rd quarter valued at $28,000. Livelsberger Financial Advisory acquired a new position in Autodesk in the 2nd quarter valued at $31,000. Finally, Hilltop National Bank acquired a new position in Autodesk in the 2nd quarter valued at $31,000. 90.24% of the stock is currently owned by hedge funds and other institutional investors.

Autodesk Stock Performance

ADSK opened at $297.58 on Wednesday. Autodesk, Inc. has a 1-year low of $232.67 and a 1-year high of $329.09. The stock has a market cap of $63.09 billion, a P/E ratio of 57.67, a P/E/G ratio of 2.44 and a beta of 1.47. The stock’s 50 day simple moving average is $300.72 and its 200 day simple moving average is $303.48. 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 (NASDAQ:ADSK) last issued its quarterly earnings data on Tuesday, November 25th. The software company reported $2.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.50 by $0.17. The firm had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.81 billion. Autodesk had a return on equity of 52.06% and a net margin of 16.09%.Autodesk’s revenue was up 18.0% on a year-over-year basis. During the same period in the previous year, the firm 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. As a group, equities analysts anticipate that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

Insider Activity at Autodesk

In related news, Director Ayanna Howard sold 917 shares of the stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $325.00, for a total value of $298,025.00. Following the sale, the director directly owned 3,476 shares of the company’s stock, valued at approximately $1,129,700. This represents a 20.87% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.15% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ADSK. BMO Capital Markets raised their target price on shares of Autodesk from $333.00 to $343.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 26th. Hsbc Global Res raised shares of Autodesk from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 1st. Stifel Nicolaus lifted their price objective on Autodesk from $350.00 to $375.00 and gave the company a “buy” rating in a report on Friday, August 29th. Wolfe Research boosted their target price on Autodesk from $370.00 to $390.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. Finally, Morgan Stanley increased their target price on Autodesk from $370.00 to $385.00 and gave the stock an “overweight” rating in a research note on Sunday, August 31st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $369.59.

About Autodesk

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.