BLI Banque de Luxembourg Investments Acquires 10,400 Shares of Autodesk, Inc. $ADSK

BLI Banque de Luxembourg Investments lifted its holdings in shares of Autodesk, Inc. (NASDAQ:ADSK) by 26.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,800 shares of the software company’s stock after purchasing an additional 10,400 shares during the period. BLI Banque de Luxembourg Investments’ holdings in Autodesk were worth $15,192,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ADSK. Brighton Jones LLC raised its position in Autodesk by 14.5% in the fourth quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock worth $343,000 after acquiring an additional 147 shares during the period. Avantax Advisory Services Inc. grew its position in shares of Autodesk by 4.7% during the 1st quarter. Avantax Advisory Services Inc. now owns 5,258 shares of the software company’s stock valued at $1,377,000 after acquiring an additional 238 shares during the period. Federated Hermes Inc. increased its stake in shares of Autodesk by 16.5% during the 1st quarter. Federated Hermes Inc. now owns 30,083 shares of the software company’s stock worth $7,876,000 after purchasing an additional 4,262 shares during the last quarter. Arkadios Wealth Advisors raised its holdings in shares of Autodesk by 14.3% in the 1st quarter. Arkadios Wealth Advisors now owns 2,962 shares of the software company’s stock worth $775,000 after purchasing an additional 371 shares during the period. Finally, Commerce Bank raised its holdings in shares of Autodesk by 0.4% in the 1st quarter. Commerce Bank now owns 16,763 shares of the software company’s stock worth $4,389,000 after purchasing an additional 69 shares during the period. 90.24% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ADSK has been the subject of several research reports. KeyCorp increased their price objective on Autodesk from $350.00 to $365.00 and gave the company an “overweight” rating in a report on Friday, August 29th. Weiss Ratings reissued a “hold (c+)” rating on shares of Autodesk in a report on Wednesday, October 8th. Robert W. Baird lifted their price target on Autodesk from $367.00 to $377.00 and gave the stock an “outperform” rating in a research note on Wednesday. Piper Sandler boosted their target price on Autodesk from $361.00 to $373.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $380.00 target price on shares of Autodesk in a report on Monday, October 6th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $366.16.

Autodesk Stock Performance

Shares of ADSK stock opened at $303.30 on Friday. The company has a market capitalization of $64.60 billion, a price-to-earnings ratio of 62.79, a price-to-earnings-growth ratio of 2.63 and a beta of 1.51. 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 company’s 50-day moving average is $306.20 and its 200 day moving average is $302.95. Autodesk, Inc. has a one year low of $232.67 and a one year high of $329.09.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings data on Tuesday, November 25th. The software company reported $2.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.50 by $0.17. Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The business had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same period in the prior year, the firm posted $2.17 EPS. The firm’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. Sell-side analysts expect that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

Insider Activity at Autodesk

In related news, Director Ayanna Howard sold 917 shares of the firm’s stock in a transaction 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Steven M. Blum sold 22,420 shares of the stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $323.75, for a total transaction of $7,258,475.00. Following the completion of the sale, the executive vice president directly owned 13,099 shares of the company’s stock, valued at $4,240,801.25. This represents a 63.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 26,098 shares of company stock worth $8,426,491. 0.15% of the stock is owned by insiders.

Autodesk Company 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.