Autodesk, Inc. $ADSK Stock Position Lowered by Stephens Investment Management Group LLC

Stephens Investment Management Group LLC lowered its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 7.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 35,092 shares of the software company’s stock after selling 2,639 shares during the quarter. Stephens Investment Management Group LLC’s holdings in Autodesk were worth $11,148,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Autodesk in the 2nd quarter worth approximately $777,202,000. Geode Capital Management LLC lifted its stake in Autodesk by 15.1% during the second quarter. Geode Capital Management LLC now owns 5,606,264 shares of the software company’s stock valued at $1,730,415,000 after purchasing an additional 734,449 shares during the last quarter. Vontobel Holding Ltd. boosted its holdings in Autodesk by 254.2% during the third quarter. Vontobel Holding Ltd. now owns 676,701 shares of the software company’s stock worth $214,968,000 after buying an additional 485,661 shares in the last quarter. Skandinaviska Enskilda Banken AB publ grew its position in Autodesk by 210.9% in the second quarter. Skandinaviska Enskilda Banken AB publ now owns 639,645 shares of the software company’s stock worth $198,031,000 after buying an additional 433,908 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Autodesk by 68.9% in the second quarter. AQR Capital Management LLC now owns 967,469 shares of the software company’s stock valued at $297,458,000 after buying an additional 394,768 shares in the last quarter. 90.24% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ADSK. Hsbc Global Res raised Autodesk from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 1st. Piper Sandler reiterated an “overweight” rating on shares of Autodesk in a research report on Tuesday. Barclays boosted their price objective on Autodesk from $385.00 to $390.00 and gave the stock an “overweight” rating in a report on Wednesday, November 26th. 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 report on Wednesday, November 26th. Finally, Redburn Partners set a $375.00 target price on shares of Autodesk in a research report on Friday, January 9th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $369.97.

Autodesk Stock Performance

Shares of ADSK opened at $265.69 on Friday. The company has a market capitalization of $56.33 billion, a PE ratio of 51.49, a PEG ratio of 2.16 and a beta of 1.46. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.82 and a current ratio of 0.82. The company’s 50 day moving average price is $293.98 and its 200 day moving average price is $301.62. Autodesk, Inc. has a 52 week low of $232.67 and a 52 week high of $329.09.

Autodesk (NASDAQ:ADSK) last issued its earnings results on Tuesday, November 25th. The software company reported $2.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.50 by $0.17. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. The company had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same quarter last year, the business posted $2.17 EPS. The company’s revenue for the quarter was up 18.0% on a year-over-year basis. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS and its Q4 2026 guidance at 2.590-2.67 EPS. Research analysts expect that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

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.