Strs Ohio Sells 1,848 Shares of Autodesk, Inc. $ADSK

Strs Ohio reduced its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 3.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 51,990 shares of the software company’s stock after selling 1,848 shares during the period. Strs Ohio’s holdings in Autodesk were worth $16,095,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of ADSK. Vanguard Group Inc. raised its position in shares of Autodesk by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 20,782,919 shares of the software company’s stock valued at $5,440,968,000 after acquiring an additional 397,458 shares during the last quarter. Ninety One UK Ltd increased its holdings in Autodesk by 3.7% in the second quarter. Ninety One UK Ltd now owns 5,338,125 shares of the software company’s stock valued at $1,652,523,000 after purchasing an additional 191,448 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Autodesk by 13.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,454,264 shares of the software company’s stock valued at $904,326,000 after purchasing an additional 400,514 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in Autodesk by 44.1% in the first quarter. T. Rowe Price Investment Management Inc. now owns 3,318,319 shares of the software company’s stock valued at $868,736,000 after buying an additional 1,016,187 shares during the period. Finally, Massachusetts Financial Services Co. MA grew its position in shares of Autodesk by 4.3% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 3,000,268 shares of the software company’s stock worth $785,470,000 after buying an additional 124,948 shares during the period. Institutional investors and hedge funds own 90.24% of the company’s stock.

Autodesk Trading Up 0.2%

ADSK opened at $301.34 on Friday. The stock has a market capitalization of $64.19 billion, a P/E ratio of 62.39, a P/E/G ratio of 2.63 and a beta of 1.49. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.91. Autodesk, Inc. has a 12 month low of $232.67 and a 12 month high of $329.09. The firm’s fifty day simple moving average is $312.97 and its 200 day simple moving average is $299.75.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings results on Thursday, August 28th. The software company reported $1.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.45 by ($0.99). The firm 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 period in the prior year, the business earned $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. As a group, research analysts anticipate that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

Insider Transactions at Autodesk

In other Autodesk news, EVP Ruth Ann Keene sold 2,761 shares of the business’s stock in a transaction that occurred 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 in the company, valued at approximately $25,288,350.50. The trade was a 3.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Ayanna Howard sold 917 shares of the company’s stock in a transaction that occurred on Monday, September 29th. The stock was 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 of the company’s stock, valued at approximately $1,129,700. This trade represents a 20.87% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 35,386 shares of company stock worth $11,433,201 in the last 90 days. 0.15% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $380.00 price target on shares of Autodesk in a research note on Monday, October 6th. Bank of America upped their target price on shares of Autodesk from $330.00 to $360.00 and gave the company a “neutral” rating in a research note on Friday, August 29th. DA Davidson reissued a “buy” rating and set a $375.00 price target on shares of Autodesk in a research report on Friday, August 29th. Wall Street Zen cut shares of Autodesk from a “strong-buy” rating to a “buy” rating in a research report on Sunday, September 28th. Finally, UBS Group raised their price objective on Autodesk from $370.00 to $385.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, Autodesk presently has an average rating of “Moderate Buy” and an average price target 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.