Autodesk, Inc. $ADSK Shares Purchased by AGP Franklin LLC

AGP Franklin LLC boosted its holdings in shares of Autodesk, Inc. (NASDAQ:ADSK) by 162.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,752 shares of the software company’s stock after acquiring an additional 2,320 shares during the quarter. AGP Franklin LLC’s holdings in Autodesk were worth $1,111,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ADSK. Brighton Jones LLC raised its holdings in Autodesk by 14.5% in the 4th quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock valued at $343,000 after buying an additional 147 shares during the period. Sivia Capital Partners LLC lifted its holdings in shares of Autodesk by 98.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,472 shares of the software company’s stock worth $765,000 after acquiring an additional 1,224 shares during the last quarter. Schnieders Capital Management LLC. purchased a new position in shares of Autodesk during the 2nd quarter worth approximately $466,000. Baird Financial Group Inc. boosted its position in shares of Autodesk by 7.5% during the 2nd quarter. Baird Financial Group Inc. now owns 10,048 shares of the software company’s stock worth $3,111,000 after purchasing an additional 701 shares during the period. Finally, NewEdge Advisors LLC increased its holdings in Autodesk by 25.3% in the 2nd quarter. NewEdge Advisors LLC now owns 13,860 shares of the software company’s stock valued at $4,291,000 after purchasing an additional 2,795 shares during the last quarter. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on ADSK shares. JPMorgan Chase & Co. boosted their target price on Autodesk from $319.00 to $336.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. UBS Group dropped their price objective on Autodesk from $400.00 to $290.00 and set a “buy” rating for the company in a research note on Monday, February 23rd. Stifel Nicolaus cut their price objective on Autodesk from $375.00 to $285.00 and set a “buy” rating on the stock in a report on Monday, February 23rd. Citigroup reissued a “neutral” rating and set a $246.00 target price (down from $331.00) on shares of Autodesk in a research note on Friday, April 10th. Finally, BMO Capital Markets lowered their target price on Autodesk from $343.00 to $279.00 and set a “market perform” rating for the company in a report on Monday, March 2nd. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $335.93.

Autodesk Price Performance

Shares of NASDAQ ADSK opened at $231.98 on Friday. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market cap of $48.95 billion, a price-to-earnings ratio of 44.27, a price-to-earnings-growth ratio of 1.64 and a beta of 1.43. The stock’s 50-day moving average is $240.07 and its two-hundred day moving average is $271.90. Autodesk, Inc. has a 1-year low of $214.10 and a 1-year high of $329.09.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings data on Thursday, February 26th. The software company reported $2.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.64 by $0.21. The business had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.91 billion. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.The business’s quarterly revenue was up 19.4% compared to the same quarter last year. During the same quarter last year, the business posted $2.29 EPS. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. Analysts forecast that Autodesk, Inc. will post 9.35 EPS for the current fiscal year.

Autodesk 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.