Caxton Associates LLP Has $22.99 Million Holdings in Autodesk, Inc. $ADSK

Caxton Associates LLP lifted its holdings in shares of Autodesk, Inc. (NASDAQ:ADSK) by 11.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 74,255 shares of the software company’s stock after buying an additional 7,438 shares during the quarter. Autodesk comprises approximately 0.6% of Caxton Associates LLP’s investment portfolio, making the stock its 23rd biggest holding. Caxton Associates LLP’s holdings in Autodesk were worth $22,987,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of ADSK. Norges Bank acquired a new stake in Autodesk during the 2nd quarter worth $777,202,000. T. Rowe Price Investment Management Inc. boosted its position in shares of Autodesk by 44.1% in the 1st 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 during the last quarter. Geode Capital Management LLC boosted its position 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 worth $1,730,415,000 after purchasing an additional 734,449 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Autodesk by 336.7% during the first quarter. AQR Capital Management LLC now owns 572,701 shares of the software company’s stock worth $147,339,000 after purchasing an additional 441,571 shares during the period. Finally, Skandinaviska Enskilda Banken AB publ increased its holdings in Autodesk by 210.9% in the second quarter. Skandinaviska Enskilda Banken AB publ now owns 639,645 shares of the software company’s stock valued at $198,031,000 after purchasing an additional 433,908 shares during the last quarter. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently issued reports on ADSK shares. Morgan Stanley boosted their target price on Autodesk from $370.00 to $385.00 and gave the stock an “overweight” rating in a research report on Sunday, August 31st. KeyCorp lifted their price objective on shares of Autodesk from $350.00 to $365.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. Arete Research upped their target price on shares of Autodesk from $430.00 to $460.00 and gave the company a “buy” rating in a research note on Thursday. Barclays lifted their price target on shares of Autodesk from $385.00 to $390.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 26th. Finally, Wells Fargo & Company boosted their price target on shares of Autodesk from $375.00 to $380.00 and gave the company an “overweight” rating in a report on Wednesday, November 26th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Autodesk currently has an average rating of “Moderate Buy” and a consensus price target of $369.77.

Autodesk Stock Down 1.1%

Autodesk stock opened at $297.64 on Friday. The stock has a market capitalization of $63.10 billion, a PE ratio of 57.68, a price-to-earnings-growth ratio of 2.42 and a beta of 1.47. Autodesk, Inc. has a twelve month low of $232.67 and a twelve month high of $329.09. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.86. The company has a 50 day moving average of $302.70 and a 200-day moving average of $303.48.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings data on Tuesday, November 25th. The software company reported $2.67 EPS for the quarter, topping analysts’ consensus estimates of $2.50 by $0.17. The business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.81 billion. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. The firm’s quarterly revenue was up 18.0% on a year-over-year basis. During the same period last year, the business posted $2.17 earnings per share. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS and its Q4 2026 guidance at 2.590-2.67 EPS. On average, equities research analysts anticipate that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

Insider Activity at Autodesk

In other news, Director Ayanna Howard sold 917 shares of the business’s stock in a transaction dated Monday, September 29th. The stock was sold at an average price of $325.00, for a total value of $298,025.00. Following the sale, the director directly owned 3,476 shares in the company, valued at $1,129,700. The trade was a 20.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.15% of the stock is currently owned by company 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.