B. Riley Wealth Advisors Inc. Buys Shares of 4,444 Autodesk, Inc. $ADSK

B. Riley Wealth Advisors Inc. bought a new position in shares of Autodesk, Inc. (NASDAQ:ADSK) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 4,444 shares of the software company’s stock, valued at approximately $1,376,000.

Several other large investors have also recently made changes to their positions in ADSK. Newbridge Financial Services Group Inc. acquired a new stake in Autodesk in the 2nd quarter valued at approximately $387,000. Cape Investment Advisory Inc. grew its stake in shares of Autodesk by 3.1% in the second quarter. Cape Investment Advisory Inc. now owns 3,375 shares of the software company’s stock valued at $1,045,000 after buying an additional 101 shares in the last quarter. State of Wyoming raised its holdings in shares of Autodesk by 4.0% in the 2nd quarter. State of Wyoming now owns 1,377 shares of the software company’s stock valued at $426,000 after buying an additional 53 shares during the period. Asset Dedication LLC lifted its stake in Autodesk by 145.2% during the 2nd quarter. Asset Dedication LLC now owns 228 shares of the software company’s stock worth $71,000 after acquiring an additional 135 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in Autodesk by 21.6% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,307 shares of the software company’s stock valued at $1,024,000 after acquiring an additional 587 shares during the period. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Autodesk Trading Down 1.1%

Shares of Autodesk stock opened at $294.31 on Tuesday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.86. The company has a fifty day simple moving average of $302.12 and a 200-day simple moving average of $303.49. The stock has a market cap of $62.39 billion, a price-to-earnings ratio of 57.04, a PEG ratio of 2.42 and a beta of 1.47. Autodesk, Inc. has a 12-month low of $232.67 and a 12-month high of $329.09.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings results on Tuesday, November 25th. The software company reported $2.67 earnings per share for the quarter, beating analysts’ consensus estimates of $2.50 by $0.17. The firm had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.81 billion. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. Autodesk’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same period in the previous year, the company earned $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 analysts forecast that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on ADSK shares. Robert W. Baird increased their price target on shares of Autodesk from $367.00 to $377.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. UBS Group reiterated a “buy” rating and set a $400.00 target price on shares of Autodesk in a report on Wednesday, November 26th. Mizuho raised 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. Wall Street Zen lowered Autodesk from a “strong-buy” rating to a “buy” rating in a research report on Sunday, September 28th. Finally, HSBC lowered their price objective on Autodesk from $388.00 to $379.00 and set a “buy” rating for the company in a research report on Friday, November 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $369.77.

Insider Activity

In other Autodesk news, Director Ayanna Howard sold 917 shares of Autodesk stock in a transaction that occurred on Monday, September 29th. The stock was sold at an average price of $325.00, for a total transaction of $298,025.00. Following the transaction, the director owned 3,476 shares of the company’s stock, valued at $1,129,700. The trade was a 20.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.15% of the stock is currently owned by company insiders.

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.