Autodesk, Inc. $ADSK Stake Lessened by Aviva PLC

Aviva PLC trimmed its stake in shares of Autodesk, Inc. (NASDAQ:ADSK) by 39.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 268,157 shares of the software company’s stock after selling 174,779 shares during the quarter. Aviva PLC owned approximately 0.13% of Autodesk worth $83,013,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of ADSK. SouthState Corp lifted its holdings in Autodesk by 500.0% in the first quarter. SouthState Corp now owns 96 shares of the software company’s stock worth $25,000 after acquiring an additional 80 shares during the last quarter. Costello Asset Management INC bought a new stake in shares of Autodesk in the 1st quarter worth approximately $26,000. Close Asset Management Ltd bought a new stake in shares of Autodesk in the 1st quarter worth approximately $27,000. Cheviot Value Management LLC acquired a new position in Autodesk during the 1st quarter valued at approximately $27,000. Finally, Flaharty Asset Management LLC bought a new position in Autodesk during the 1st quarter worth $27,000. Institutional investors own 90.24% of the company’s stock.

Insider Transactions at Autodesk

In other news, EVP Ruth Ann Keene sold 2,761 shares of the business’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $315.10, for a total value of $869,991.10. Following the sale, the executive vice president owned 80,255 shares of the company’s stock, valued at approximately $25,288,350.50. The trade was a 3.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Steven M. Blum sold 22,420 shares of the firm’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 transaction, the executive vice president directly owned 13,099 shares of the company’s stock, valued at $4,240,801.25. This represents a 63.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 35,386 shares of company stock valued at $11,433,201 in the last quarter. Company insiders own 0.15% of the company’s stock.

Autodesk Stock Performance

Shares of ADSK opened at $297.18 on Friday. The firm has a market capitalization of $63.30 billion, a PE ratio of 61.53, a P/E/G ratio of 2.63 and a beta of 1.51. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.91. The firm has a 50-day moving average price of $313.79 and a 200 day moving average price of $301.17. Autodesk, Inc. has a 52-week low of $232.67 and a 52-week high of $329.09.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings results on Thursday, August 28th. The software company reported $1.46 earnings per share 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 return on equity of 51.23% and a net margin of 15.75%.The company’s revenue was up 17.1% on a year-over-year basis. During the same period in the prior 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. On average, sell-side analysts anticipate that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on ADSK. Loop Capital assumed coverage on Autodesk in a research report on Monday, July 21st. They issued a “hold” rating and a $320.00 target price on the stock. Bank of America increased their price objective on shares of Autodesk from $330.00 to $360.00 and gave the stock a “neutral” rating in a report on Friday, August 29th. Mizuho lifted their price objective on shares of Autodesk from $350.00 to $375.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Rosenblatt Securities boosted their target price on shares of Autodesk from $345.00 to $355.00 and gave the company a “buy” rating in a research note on Friday, August 29th. Finally, Berenberg Bank set a $370.00 target price on shares of Autodesk in a research report on Monday, September 1st. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $359.13.

Autodesk 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.