Autodesk, Inc. $ADSK Shares Sold by Caisse Des Depots ET Consignations

Caisse Des Depots ET Consignations trimmed its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 16.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,192 shares of the software company’s stock after selling 2,267 shares during the quarter. Caisse Des Depots ET Consignations’ holdings in Autodesk were worth $3,555,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in ADSK. Proffitt & Goodson Inc. purchased a new position in Autodesk during the third quarter worth approximately $27,000. Access Investment Management LLC acquired a new stake in shares of Autodesk in the 2nd quarter worth $28,000. Heartwood Wealth Advisors LLC purchased a new position in shares of Autodesk during the 3rd quarter worth $28,000. Tripletail Wealth Management LLC acquired a new position in shares of Autodesk during the 3rd quarter valued at about $29,000. Finally, Financial Consulate Inc. purchased a new stake in shares of Autodesk in the third quarter valued at about $32,000. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Autodesk in a research note on Wednesday, January 21st. Bank of America upped their price objective on Autodesk from $360.00 to $365.00 and gave the company a “neutral” rating in a report on Wednesday, November 26th. Macquarie Infrastructure increased their price objective on Autodesk from $380.00 to $400.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. Piper Sandler restated an “overweight” rating on shares of Autodesk in a research report on Tuesday, January 13th. Finally, Arete Research upped their price target on Autodesk from $430.00 to $460.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $367.61.

Autodesk Price Performance

ADSK opened at $232.59 on Thursday. The stock’s 50-day moving average price is $278.10 and its 200 day moving average price is $295.77. Autodesk, Inc. has a 12-month low of $229.52 and a 12-month high of $329.09. The firm has a market cap of $49.31 billion, a price-to-earnings ratio of 45.08, a PEG ratio of 1.70 and a beta of 1.45. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.86.

Autodesk (NASDAQ:ADSK) last released its earnings results on Tuesday, November 25th. The software company reported $2.67 earnings per share for the quarter, beating the consensus estimate of $2.50 by $0.17. The company had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.81 billion. Autodesk had a return on equity of 52.06% and a net margin of 16.09%.Autodesk’s revenue was up 18.0% compared to the same quarter last year. During the same period in the previous year, the company posted $2.17 EPS. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS and its Q4 2026 guidance at 2.590-2.67 EPS. As a group, sell-side analysts expect that Autodesk, Inc. will post 5.76 earnings per share for the current 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.