Autodesk, Inc. $ADSK is Tenere Capital LLC’s 9th Largest Position

Tenere Capital LLC grew its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 51.8% during the second quarter, according to its most recent filing with the SEC. The firm owned 63,600 shares of the software company’s stock after acquiring an additional 21,700 shares during the period. Autodesk comprises about 5.0% of Tenere Capital LLC’s holdings, making the stock its 9th largest holding. Tenere Capital LLC’s holdings in Autodesk were worth $19,689,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Autodesk by 0.9% during the second quarter. Vanguard Group Inc. now owns 20,963,515 shares of the software company’s stock valued at $6,489,675,000 after purchasing an additional 180,596 shares in the last quarter. State Street Corp lifted its position in Autodesk by 1.8% during the second quarter. State Street Corp now owns 10,086,995 shares of the software company’s stock valued at $3,122,631,000 after buying an additional 174,247 shares during the period. Loomis Sayles & Co. L P boosted its holdings in shares of Autodesk by 1.5% during the 2nd quarter. Loomis Sayles & Co. L P now owns 5,831,447 shares of the software company’s stock valued at $1,805,241,000 after buying an additional 88,066 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Autodesk by 15.1% during the 2nd quarter. Geode Capital Management LLC now owns 5,606,264 shares of the software company’s stock valued at $1,730,415,000 after buying an additional 734,449 shares in the last quarter. Finally, Ninety One UK Ltd grew its position in shares of Autodesk by 3.7% in the 2nd quarter. Ninety One UK Ltd now owns 5,338,125 shares of the software company’s stock worth $1,652,523,000 after buying an additional 191,448 shares during the period. Institutional investors own 90.24% of the company’s stock.

Insiders Place Their Bets

In other Autodesk news, Director Ayanna Howard sold 917 shares of the company’s stock in a transaction dated Monday, September 29th. The shares were 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 in the company, valued at approximately $1,129,700. This represents a 20.87% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.15% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Royal Bank Of Canada reissued an “outperform” rating and set a $380.00 price objective on shares of Autodesk in a research note on Monday, October 6th. Barclays lifted their target price on shares of Autodesk from $385.00 to $390.00 and gave the company an “overweight” rating in a report on Wednesday, November 26th. Bank of America upped their price target on Autodesk from $360.00 to $365.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 26th. UBS Group reiterated a “buy” rating and set a $400.00 price objective on shares of Autodesk in a research note on Wednesday, November 26th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Autodesk in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Autodesk has a consensus rating of “Moderate Buy” and an average target price of $366.16.

Autodesk Stock Performance

ADSK stock opened at $300.10 on Thursday. The stock’s 50 day simple moving average is $303.53 and its 200 day simple moving average is $303.46. 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, Inc. has a 12-month low of $232.67 and a 12-month high of $329.09. The stock has a market capitalization of $63.62 billion, a PE ratio of 58.16, a price-to-earnings-growth ratio of 2.44 and a beta of 1.47.

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

Autodesk Company Profile

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.