17 Capital Partners LLC Buys 255 Shares of Autodesk, Inc. $ADSK

17 Capital Partners LLC lifted its stake in Autodesk, Inc. (NASDAQ:ADSK) by 6.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,150 shares of the software company’s stock after purchasing an additional 255 shares during the period. 17 Capital Partners LLC’s holdings in Autodesk were worth $1,285,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in Autodesk by 0.9% in the second quarter. Vanguard Group Inc. now owns 20,963,515 shares of the software company’s stock worth $6,489,675,000 after buying an additional 180,596 shares during the period. Geode Capital Management LLC lifted its stake in shares of Autodesk by 15.1% in the 2nd quarter. Geode Capital Management LLC now owns 5,606,264 shares of the software company’s stock valued at $1,730,415,000 after purchasing an additional 734,449 shares during the period. Ninety One UK Ltd boosted its position in shares of Autodesk by 3.7% during 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 in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake 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 worth $904,326,000 after purchasing an additional 400,514 shares during the period. Finally, T. Rowe Price Investment Management Inc. raised its holdings 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 worth $868,736,000 after purchasing an additional 1,016,187 shares in the last quarter. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Insider Transactions at Autodesk

In other news, EVP Steven M. Blum sold 22,420 shares of the firm’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $323.75, for a total value of $7,258,475.00. Following the transaction, the executive vice president directly owned 13,099 shares in the company, valued at $4,240,801.25. This trade represents a 63.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Rebecca Pearce sold 6,129 shares of the company’s stock in a transaction on Friday, August 29th. The shares were sold at an average price of $323.06, for a total value of $1,980,034.74. Following the sale, the executive vice president owned 13,311 shares of the company’s stock, valued at approximately $4,300,251.66. This trade represents a 31.53% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 35,386 shares of company stock valued at $11,433,201. Corporate insiders own 0.15% of the company’s stock.

Autodesk Price Performance

Shares of ADSK opened at $291.19 on Thursday. Autodesk, Inc. has a twelve month low of $232.67 and a twelve month high of $329.09. The company has a market capitalization of $62.02 billion, a P/E ratio of 60.29, a price-to-earnings-growth ratio of 2.63 and a beta of 1.51. The firm has a 50 day moving average of $309.80 and a 200 day moving average of $302.54. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.91.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings data 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 business had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.72 billion. Autodesk had a net margin of 15.75% and a return on equity of 51.23%. The business’s revenue was up 17.1% compared to the same quarter last year. During the same period last year, the company posted $2.15 earnings per share. 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, equities research analysts anticipate that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ADSK has been the topic of a number of research reports. KeyCorp boosted their target price on shares of Autodesk from $350.00 to $365.00 and gave the company an “overweight” rating in a report on Friday, August 29th. DA Davidson reissued a “buy” rating and set a $375.00 price objective on shares of Autodesk in a research note on Friday, August 29th. Macquarie upped their price objective on shares of Autodesk from $360.00 to $380.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. UBS Group lifted their target price on shares of Autodesk from $370.00 to $385.00 and gave the company a “buy” rating in a report on Friday, August 29th. Finally, Piper Sandler upped their price target on Autodesk from $361.00 to $373.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. One investment 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $358.30.

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.