Krilogy Financial LLC Takes Position in Autodesk, Inc. $ADSK

Krilogy Financial LLC bought a new position in shares of Autodesk, Inc. (NASDAQ:ADSK) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 7,540 shares of the software company’s stock, valued at approximately $2,269,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Proffitt & Goodson Inc. purchased a new stake in Autodesk during the 3rd quarter worth approximately $27,000. Access Investment Management LLC purchased a new stake in shares of Autodesk during the second quarter worth approximately $28,000. Heartwood Wealth Advisors LLC acquired a new position in Autodesk in the 3rd quarter valued at $28,000. Tripletail Wealth Management LLC acquired a new position in Autodesk in the 3rd quarter valued at $29,000. Finally, Financial Consulate Inc. purchased a new position in Autodesk in the 3rd quarter valued at $32,000. 90.24% of the stock is owned by hedge funds and other institutional investors.

Autodesk Stock Down 4.5%

ADSK stock opened at $232.59 on Thursday. Autodesk, Inc. has a one year low of $229.52 and a one year high of $329.09. The firm has a market cap of $49.31 billion, a PE ratio of 45.08, a PEG ratio of 1.70 and a beta of 1.45. The firm’s 50 day moving average price is $278.10 and its 200-day moving average price is $295.77. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.82 and a current ratio of 0.82.

Autodesk (NASDAQ:ADSK) last posted its earnings results 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 company 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%.The firm’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same quarter last year, the firm earned $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. On average, equities research analysts anticipate that Autodesk, Inc. will post 5.76 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Autodesk from a “hold” rating to a “buy” rating and increased their target price for the company from $345.00 to $375.00 in a research report on Wednesday, November 26th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $340.00 price objective on shares of Autodesk in a report on Wednesday. Barclays raised their target price on shares of Autodesk from $385.00 to $390.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 26th. Wells Fargo & Company upped their price target on Autodesk from $375.00 to $380.00 and gave the company an “overweight” rating in a research report on Wednesday, November 26th. Finally, Bank of America lifted their price objective on Autodesk from $360.00 to $365.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 26th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Autodesk has an average rating of “Moderate Buy” and an average target price of $367.61.

Autodesk Company Profile

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.