Machina Capital S.A.S. Buys 5,739 Shares of Autodesk, Inc. $ADSK

Machina Capital S.A.S. boosted its position in shares of Autodesk, Inc. (NASDAQ:ADSKFree Report) by 80.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,839 shares of the software company’s stock after purchasing an additional 5,739 shares during the period. Machina Capital S.A.S.’s holdings in Autodesk were worth $4,079,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of ADSK. Norges Bank acquired a new position in Autodesk during the 2nd quarter worth approximately $777,202,000. Rakuten Investment Management Inc. bought a new position in Autodesk in the third quarter valued at $268,649,000. Geode Capital Management LLC lifted its position in Autodesk by 15.1% during 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 buying an additional 734,449 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Autodesk by 18.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,544,520 shares of the software company’s stock worth $1,125,988,000 after buying an additional 564,136 shares during the last quarter. Finally, Vontobel Holding Ltd. grew its holdings in shares of Autodesk by 254.2% in the 3rd quarter. Vontobel Holding Ltd. now owns 676,701 shares of the software company’s stock valued at $214,968,000 after acquiring an additional 485,661 shares in the last quarter. 90.24% of the stock is currently owned by institutional investors.

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Wall Street Analysts Forecast Growth

ADSK has been the subject of several recent research reports. Piper Sandler reissued an “overweight” rating on shares of Autodesk in a research report on Tuesday, January 13th. Arete Research boosted their target price on shares of Autodesk from $430.00 to $460.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Barclays increased their price target on shares of Autodesk from $385.00 to $390.00 and gave the company an “overweight” rating in a research note on Wednesday, November 26th. UBS Group reaffirmed a “buy” rating and issued a $400.00 target price on shares of Autodesk in a report on Wednesday, November 26th. Finally, Rothschild Redb upgraded Autodesk to a “strong-buy” rating in a report on Friday, January 9th. Three analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $369.24.

Get Our Latest Analysis on Autodesk

Autodesk Stock Down 5.8%

ADSK stock opened at $240.79 on Wednesday. The business’s fifty day moving average price is $285.86 and its two-hundred day moving average price is $298.27. The stock has a market capitalization of $51.05 billion, a price-to-earnings ratio of 46.66, a PEG ratio of 1.78 and a beta of 1.45. Autodesk, Inc. has a fifty-two week low of $232.67 and a fifty-two week high of $329.09. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.82 and a quick ratio of 0.82.

Autodesk (NASDAQ:ADSKGet Free Report) last issued its quarterly earnings data on Tuesday, November 25th. The software company reported $2.67 earnings per share for the quarter, topping the consensus estimate of $2.50 by $0.17. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. The business had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the previous year, the company earned $2.17 EPS. The business’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 analysts anticipate that Autodesk, Inc. will post 5.76 earnings per share for the current year.

About Autodesk

(Free Report)

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.

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Institutional Ownership by Quarter for Autodesk (NASDAQ:ADSK)

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