Allworth Financial LP Acquires 217 Shares of Autodesk, Inc. $ADSK

Allworth Financial LP raised its stake in shares of Autodesk, Inc. (NASDAQ:ADSK) by 25.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,082 shares of the software company’s stock after buying an additional 217 shares during the quarter. Allworth Financial LP’s holdings in Autodesk were worth $335,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Beacon Financial Group grew its holdings in shares of Autodesk by 3.0% in the second quarter. Beacon Financial Group now owns 1,130 shares of the software company’s stock worth $350,000 after acquiring an additional 33 shares during the period. Freedom Investment Management Inc. boosted its stake in Autodesk by 2.4% during the first quarter. Freedom Investment Management Inc. now owns 1,473 shares of the software company’s stock valued at $386,000 after buying an additional 34 shares during the last quarter. Bridgewater Advisors Inc. grew its holdings in shares of 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 in the last quarter. Financial Network Wealth Advisors LLC lifted its holdings in shares of Autodesk by 34.9% in the 1st quarter. Financial Network Wealth Advisors LLC now owns 143 shares of the software company’s stock valued at $37,000 after acquiring an additional 37 shares during the last quarter. Finally, Wedbush Securities Inc. boosted its holdings in shares of Autodesk by 2.6% in the 2nd quarter. Wedbush Securities Inc. now owns 1,484 shares of the software company’s stock worth $459,000 after purchasing an additional 37 shares during the period. 90.24% of the stock is owned by hedge funds and other institutional investors.

Autodesk Stock Performance

Shares of Autodesk stock opened at $299.39 on Monday. The company has a market cap of $63.77 billion, a PE ratio of 61.99, a P/E/G ratio of 2.63 and a beta of 1.51. The business has a 50-day simple moving average of $311.81 and a 200-day simple moving average of $302.40. Autodesk, Inc. has a one year low of $232.67 and a one year high of $329.09. 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 data on Thursday, August 28th. The software company reported $1.46 earnings per share for the quarter, missing the consensus estimate of $2.45 by ($0.99). Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The company had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.72 billion. During the same quarter in the prior year, the firm posted $2.15 EPS. The firm’s quarterly revenue was up 17.1% compared to the same quarter last year. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. On average, equities research analysts forecast that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Steven M. Blum sold 22,420 shares of the stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $323.75, for a total value of $7,258,475.00. Following the sale, the executive vice president directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ayanna Howard sold 917 shares of the stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $325.00, for a total transaction of $298,025.00. Following the completion of the sale, the director owned 3,476 shares in the company, valued at $1,129,700. This represents a 20.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 35,386 shares of company stock worth $11,433,201 in the last ninety days. 0.15% of the stock is owned by insiders.

Wall Street Analyst Weigh In

ADSK has been the topic of a number of research analyst reports. Stifel Nicolaus upped their price target on shares of Autodesk from $350.00 to $375.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Piper Sandler raised their price target on shares of Autodesk from $361.00 to $373.00 and gave the company an “overweight” rating in a report on Friday, August 29th. KeyCorp boosted their target price on shares of Autodesk from $350.00 to $365.00 and gave the stock an “overweight” rating in a research report on Friday, August 29th. Citigroup cut their price target on shares of Autodesk from $393.00 to $370.00 and set a “buy” rating on the stock in a report on Friday. Finally, Wall Street Zen lowered Autodesk from a “strong-buy” rating to a “buy” rating in a report on Sunday, September 28th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Autodesk has a consensus rating of “Moderate Buy” and a consensus price target of $358.13.

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.