Pursue Wealth Partners LLC Has $522,000 Stock Holdings in Autodesk, Inc. $ADSK

Pursue Wealth Partners LLC decreased its position in Autodesk, Inc. (NASDAQ:ADSK) by 9.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,685 shares of the software company’s stock after selling 174 shares during the period. Pursue Wealth Partners LLC’s holdings in Autodesk were worth $522,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Beacon Financial Group grew its position in shares of Autodesk by 3.0% during the 2nd quarter. Beacon Financial Group now owns 1,130 shares of the software company’s stock worth $350,000 after buying an additional 33 shares during the period. Freedom Investment Management Inc. grew its stake in shares of Autodesk by 2.4% during the first quarter. Freedom Investment Management Inc. now owns 1,473 shares of the software company’s stock worth $386,000 after purchasing an additional 34 shares during the period. Bridgewater Advisors Inc. increased its holdings in Autodesk by 2.2% in the second quarter. Bridgewater Advisors Inc. now owns 1,567 shares of the software company’s stock valued at $474,000 after purchasing an additional 34 shares during the last quarter. Clarity Wealth Advisors LLC lifted its stake in Autodesk by 2.3% in the second quarter. Clarity Wealth Advisors LLC now owns 1,535 shares of the software company’s stock valued at $475,000 after buying an additional 35 shares during the period. Finally, Financial Network Wealth Advisors LLC lifted its stake in Autodesk by 34.9% in the first quarter. Financial Network Wealth Advisors LLC now owns 143 shares of the software company’s stock valued at $37,000 after buying an additional 37 shares during the period. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Autodesk Stock Up 0.6%

NASDAQ:ADSK opened at $303.30 on Friday. The stock has a 50-day simple moving average of $306.20 and a 200 day simple moving average of $302.91. Autodesk, Inc. has a 52-week low of $232.67 and a 52-week high of $329.09. The company has a market cap of $64.60 billion, a PE ratio of 62.79, a PEG ratio of 2.63 and a beta of 1.51. 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 (NASDAQ:ADSK) last issued its quarterly earnings results on Tuesday, November 25th. The software company reported $2.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.50 by $0.17. The firm had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.81 billion. Autodesk had a net margin of 15.75% and a return on equity of 51.23%. The company’s revenue was up 18.0% compared to the same quarter last year. During the same period in the previous year, the business earned $2.17 EPS. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS. Q4 2026 guidance at 2.590-2.67 EPS. On average, sell-side analysts expect that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

Insider Activity

In other Autodesk news, Director Ayanna Howard sold 917 shares of the company’s stock in a transaction on Monday, September 29th. The shares were sold at an average price of $325.00, for a total value of $298,025.00. Following the transaction, the director directly owned 3,476 shares in the company, valued at $1,129,700. The trade was a 20.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Steven M. Blum sold 22,420 shares of the firm’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $323.75, for a total transaction of $7,258,475.00. Following the sale, the executive vice president owned 13,099 shares of the company’s stock, valued at approximately $4,240,801.25. This represents a 63.12% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 26,098 shares of company stock valued at $8,426,491. 0.15% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on ADSK. BMO Capital Markets upped their price target on Autodesk from $333.00 to $343.00 and gave the company a “market perform” rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft upgraded shares of Autodesk from a “hold” rating to a “buy” rating and boosted their price objective for the company from $345.00 to $375.00 in a report on Wednesday. Berenberg Bank set a $370.00 target price on shares of Autodesk in a report on Monday, September 1st. Weiss Ratings reissued a “hold (c+)” rating on shares of Autodesk in a research report on Wednesday, October 8th. Finally, Mizuho upped 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. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Autodesk has a consensus rating of “Moderate Buy” and an average target price of $366.16.

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.