650 Shares in Autodesk, Inc. $ADSK Purchased by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. purchased a new position in shares of Autodesk, Inc. (NASDAQ:ADSK) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 650 shares of the software company’s stock, valued at approximately $201,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Private Trust Co. NA lifted its position in Autodesk by 35.3% during the second quarter. Private Trust Co. NA now owns 586 shares of the software company’s stock worth $181,000 after acquiring an additional 153 shares during the last quarter. Applied Finance Capital Management LLC acquired a new stake in Autodesk during the second quarter worth approximately $875,000. Sage Private Wealth Group LLC lifted its position in Autodesk by 5.4% during the second quarter. Sage Private Wealth Group LLC now owns 822 shares of the software company’s stock worth $254,000 after acquiring an additional 42 shares during the last quarter. Nordea Investment Management AB lifted its position in Autodesk by 5.6% during the second quarter. Nordea Investment Management AB now owns 21,254 shares of the software company’s stock worth $6,509,000 after acquiring an additional 1,124 shares during the last quarter. Finally, S Bank Fund Management Ltd acquired a new stake in Autodesk during the second quarter worth approximately $1,050,000. Institutional investors own 90.24% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Loop Capital assumed coverage on shares of Autodesk in a research report on Monday, July 21st. They set a “hold” rating and a $320.00 price objective for the company. Bank of America raised their price objective on shares of Autodesk from $330.00 to $360.00 and gave the stock a “neutral” rating in a research report on Friday, August 29th. Robert W. Baird lifted their price target on shares of Autodesk from $345.00 to $363.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Mizuho lifted their price target 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. Finally, Morgan Stanley lifted their price target on shares of Autodesk from $370.00 to $385.00 and gave the company an “overweight” rating in a research report on Sunday, August 31st. One equities research 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. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $359.13.

Insider Activity

In other Autodesk news, EVP Steven M. Blum sold 22,420 shares of the business’s stock in a transaction on Friday, September 5th. The shares were 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. The trade was a 63.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Ruth Ann Keene sold 2,761 shares of the business’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $315.10, for a total transaction of $869,991.10. Following the sale, the executive vice president directly 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 disclosure for this sale can be found here. Insiders have sold 35,386 shares of company stock valued at $11,433,201 in the last three months. Company insiders own 0.15% of the company’s stock.

Autodesk Stock Up 1.0%

Shares of ADSK opened at $312.88 on Monday. Autodesk, Inc. has a one year low of $232.67 and a one year high of $329.09. The company has a market cap of $66.64 billion, a P/E ratio of 64.78, a P/E/G ratio of 2.77 and a beta of 1.49. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.76 and a quick ratio of 0.76. The firm has a 50 day simple moving average of $311.38 and a two-hundred day simple moving average of $298.22.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings data on Thursday, August 28th. The software company reported $1.46 EPS for the quarter, missing the consensus estimate of $2.45 by ($0.99). Autodesk had a net margin of 15.75% and a return on equity of 51.23%. The firm had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.72 billion. During the same quarter in the prior year, the firm earned $2.15 earnings per share. The firm’s revenue for the quarter was up 17.1% on a year-over-year basis. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. Research analysts forecast that Autodesk, Inc. will post 5.76 EPS 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.