Autodesk, Inc. $ADSK Shares Sold by Apollon Wealth Management LLC

Apollon Wealth Management LLC lessened its stake in Autodesk, Inc. (NASDAQ:ADSK) by 4.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,789 shares of the software company’s stock after selling 413 shares during the quarter. Apollon Wealth Management LLC’s holdings in Autodesk were worth $3,030,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Cheviot Value Management LLC purchased a new position in Autodesk during the 1st quarter valued at about $27,000. SouthState Corp lifted its position in Autodesk by 500.0% during the first quarter. SouthState Corp now owns 96 shares of the software company’s stock valued at $25,000 after buying an additional 80 shares in the last quarter. Livelsberger Financial Advisory purchased a new stake in Autodesk during the second quarter worth approximately $31,000. E Fund Management Hong Kong Co. Ltd. lifted its holdings in shares of Autodesk by 67.8% during the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 99 shares of the software company’s stock valued at $31,000 after acquiring an additional 40 shares in the last quarter. Finally, Costello Asset Management INC acquired a new position in shares of Autodesk during the 1st quarter valued at $26,000. 90.24% of the stock is currently owned by hedge funds and other institutional investors.

Autodesk Stock Performance

Shares of Autodesk stock opened at $303.50 on Monday. The firm has a market cap of $64.65 billion, a PE ratio of 62.84, a price-to-earnings-growth ratio of 2.69 and a beta of 1.49. The firm’s 50-day simple moving average is $308.24 and its 200-day simple moving average is $294.52. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.76 and a current ratio of 0.76. Autodesk, Inc. has a 1 year low of $232.67 and a 1 year high of $329.09.

Autodesk (NASDAQ:ADSK) last issued its earnings results on Thursday, August 28th. The software company reported $1.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.99). The company had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.72 billion. Autodesk had a net margin of 15.75% and a return on equity of 51.23%. The business’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 EPS. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. Equities analysts forecast that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Insider Activity at Autodesk

In other news, EVP Steven M. Blum sold 22,420 shares of the company’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $323.75, for a total value of $7,258,475.00. Following the sale, the executive vice president owned 13,099 shares in the company, valued at approximately $4,240,801.25. This represents a 63.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Ruth Ann Keene sold 2,761 shares of the company’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $315.10, for a total transaction of $869,991.10. Following the completion of the sale, the executive vice president owned 80,255 shares in the company, valued at approximately $25,288,350.50. This trade represents a 3.33% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 35,386 shares of company stock worth $11,433,201. Company insiders own 0.15% of the company’s stock.

Analyst Upgrades and Downgrades

ADSK has been the topic of several recent research reports. Berenberg Bank set a $370.00 target price on shares of Autodesk in a report on Monday, September 1st. Rosenblatt Securities boosted their price objective on shares of Autodesk from $345.00 to $355.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Citigroup boosted their price objective on shares of Autodesk from $376.00 to $393.00 and gave the stock a “buy” rating in a report on Tuesday, September 2nd. Robert W. Baird boosted their price objective on shares of Autodesk from $345.00 to $363.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Finally, HSBC set a $343.00 price objective on shares of Autodesk and gave the stock a “buy” rating in a report on Wednesday, October 1st. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $359.13.

Autodesk Company 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.