4,241 Shares in Autodesk, Inc. $ADSK Purchased by Darwin Wealth Management LLC

Darwin Wealth Management LLC purchased a new stake in Autodesk, Inc. (NASDAQ:ADSK) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,241 shares of the software company’s stock, valued at approximately $1,347,000.

A number of other hedge funds also recently modified their holdings of the company. Blue Trust Inc. raised its stake in shares of Autodesk by 14.0% in the third quarter. Blue Trust Inc. now owns 1,309 shares of the software company’s stock valued at $416,000 after purchasing an additional 161 shares in the last quarter. Avanza Fonder AB increased its holdings in Autodesk by 9.6% in the 3rd quarter. Avanza Fonder AB now owns 22,440 shares of the software company’s stock valued at $7,129,000 after buying an additional 1,971 shares during the period. Pacer Advisors Inc. increased its holdings in Autodesk by 8.8% in the 3rd quarter. Pacer Advisors Inc. now owns 114,292 shares of the software company’s stock valued at $36,307,000 after buying an additional 9,228 shares during the period. Blue Zone Wealth Advisors LLC acquired a new position in shares of Autodesk in the 3rd quarter valued at $203,000. Finally, Norden Group LLC lifted its holdings in shares of Autodesk by 14.4% during the 3rd quarter. Norden Group LLC now owns 4,952 shares of the software company’s stock worth $1,573,000 after acquiring an additional 625 shares during the period. Institutional investors own 90.24% of the company’s stock.

Autodesk Stock Performance

Shares of NASDAQ:ADSK opened at $300.71 on Friday. The business has a fifty day moving average of $300.48 and a 200-day moving average of $303.43. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.82 and a current ratio of 0.82. Autodesk, Inc. has a twelve month low of $232.67 and a twelve month high of $329.09. The firm has a market cap of $63.75 billion, a PE ratio of 58.28, a price-to-earnings-growth ratio of 2.42 and a beta of 1.47.

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. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. The firm had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the prior year, the firm earned $2.17 EPS. The company’s revenue was up 18.0% on a year-over-year basis. 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 predict that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

Insider Buying and Selling at Autodesk

In related news, Director Ayanna Howard sold 917 shares of the business’s stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $325.00, for a total value of $298,025.00. Following the completion of the transaction, the director owned 3,476 shares in the company, valued at $1,129,700. The trade was a 20.87% decrease in their position. The transaction 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 corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Wells Fargo & Company increased their price target on shares of Autodesk from $375.00 to $380.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 26th. HSBC dropped their target price on Autodesk from $388.00 to $379.00 and set a “buy” rating for the company in a report on Friday, November 28th. Piper Sandler boosted their price target on Autodesk from $361.00 to $373.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. Macquarie increased their price objective on Autodesk from $380.00 to $400.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 26th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Autodesk from a “hold” rating to a “buy” rating and boosted their target price for the company from $345.00 to $375.00 in a research note on Wednesday, November 26th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $369.59.

Autodesk Company Profile

Autodesk, Inc (NASDAQ: ADSK) is a software company that develops design and creation tools for the architecture, engineering and construction (AEC), manufacturing, and media and entertainment industries. Headquartered in San Rafael, California, the company was founded in 1982 and is best known for pioneering CAD (computer-aided design) software. Autodesk sells products and services to a global customer base, including architects, engineers, contractors, product designers, and content creators.

The company’s product portfolio includes industry-standard design and modeling applications such as AutoCAD, Revit, Inventor, Fusion 360, Maya and 3ds Max, as well as cloud-based collaboration and project management platforms like BIM 360 and Autodesk Construction Cloud.