West Family Investments Inc. Acquires Shares of 1,099 Autodesk, Inc. $ADSK

West Family Investments Inc. acquired a new stake in Autodesk, Inc. (NASDAQ:ADSK) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,099 shares of the software company’s stock, valued at approximately $340,000.

Other institutional investors have also recently made changes to their positions in the company. Access Investment Management LLC purchased a new stake in Autodesk in the second quarter valued at $28,000. Cheviot Value Management LLC acquired a new position in shares of Autodesk in the 1st quarter valued at about $27,000. SouthState Corp lifted its holdings in shares of Autodesk by 500.0% in the 1st quarter. SouthState Corp now owns 96 shares of the software company’s stock valued at $25,000 after buying an additional 80 shares during the period. Livelsberger Financial Advisory purchased a new stake in shares of Autodesk in the second quarter worth about $31,000. Finally, E Fund Management Hong Kong Co. Ltd. grew its holdings in Autodesk by 67.8% during the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 99 shares of the software company’s stock worth $31,000 after acquiring an additional 40 shares during the period. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Insiders Place Their Bets

In other Autodesk news, Director Ayanna Howard sold 917 shares of the stock in a transaction that occurred on Monday, September 29th. The stock was sold at an average price of $325.00, for a total transaction of $298,025.00. Following the completion of the transaction, the director owned 3,476 shares of the company’s stock, valued at $1,129,700. This represents a 20.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Ruth Ann Keene sold 2,761 shares of Autodesk 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 completion of the sale, the executive vice president directly owned 80,255 shares in the company, valued at $25,288,350.50. This represents a 3.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 26,098 shares of company stock worth $8,426,491. Corporate insiders own 0.15% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ADSK. Oppenheimer boosted their price target on Autodesk from $350.00 to $375.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Wall Street Zen cut shares of Autodesk from a “strong-buy” rating to a “buy” rating in a research note on Sunday, September 28th. HSBC dropped their price target on shares of Autodesk from $388.00 to $379.00 and set a “buy” rating on the stock in a research report on Friday. Berenberg Bank set a $370.00 price objective on shares of Autodesk in a research report on Monday, September 1st. Finally, Barclays increased 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. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Autodesk has a consensus rating of “Moderate Buy” and an average price target of $366.16.

Autodesk Stock Performance

NASDAQ:ADSK opened at $303.30 on Monday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a market capitalization of $64.60 billion, a PE ratio of 62.79, a P/E/G ratio of 2.63 and a beta of 1.51. Autodesk, Inc. has a fifty-two week low of $232.67 and a fifty-two week high of $329.09. The company has a fifty day moving average of $306.20 and a two-hundred day moving average of $303.00.

Autodesk (NASDAQ:ADSK) last released its earnings results on Tuesday, November 25th. The software company reported $2.67 EPS for the quarter, topping analysts’ consensus estimates of $2.50 by $0.17. Autodesk had a net margin of 15.75% and a return on equity of 51.23%. The business had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the previous year, the company earned $2.17 earnings per share. The company’s quarterly revenue was up 18.0% on a year-over-year basis. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS. Q4 2026 guidance at 2.590-2.67 EPS. As a group, research analysts forecast that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

About Autodesk

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.