Hillsdale Investment Management Inc. Invests $985,000 in Autodesk, Inc. $ADSK

Hillsdale Investment Management Inc. bought a new position in shares of Autodesk, Inc. (NASDAQ:ADSK) during the third quarter, Holdings Channel.com reports. The fund bought 3,100 shares of the software company’s stock, valued at approximately $985,000.

Several other hedge funds have also added to or reduced their stakes in ADSK. Bridgewater Advisors Inc. increased its holdings in shares of Autodesk by 2.2% in the second quarter. Bridgewater Advisors Inc. now owns 1,567 shares of the software company’s stock valued at $474,000 after purchasing an additional 34 shares during the last quarter. Clarity Wealth Advisors LLC boosted its holdings in shares of Autodesk by 2.3% during the 2nd quarter. Clarity Wealth Advisors LLC now owns 1,535 shares of the software company’s stock worth $475,000 after buying an additional 35 shares during the period. Patron Partners LLC grew its stake in Autodesk by 0.8% in the 3rd quarter. Patron Partners LLC now owns 4,295 shares of the software company’s stock valued at $1,364,000 after buying an additional 35 shares during the last quarter. Fulton Bank N.A. raised its holdings in Autodesk by 4.6% in the 3rd quarter. Fulton Bank N.A. now owns 812 shares of the software company’s stock valued at $258,000 after acquiring an additional 36 shares during the period. Finally, Wedbush Securities Inc. lifted its position in Autodesk by 2.6% during the second quarter. Wedbush Securities Inc. now owns 1,484 shares of the software company’s stock worth $459,000 after acquiring an additional 37 shares during the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

Autodesk Stock Down 3.7%

Shares of ADSK opened at $218.64 on Tuesday. The firm has a 50 day simple moving average of $266.26 and a two-hundred day simple moving average of $291.49. 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, Inc. has a one year low of $216.01 and a one year high of $329.09. The company has a market cap of $46.35 billion, a P/E ratio of 42.37, a P/E/G ratio of 1.59 and a beta of 1.45.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings results on Tuesday, November 25th. The software company reported $2.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.50 by $0.17. Autodesk had a return on equity of 52.06% and a net margin of 16.09%.The company had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same quarter last year, the company posted $2.17 EPS. The company’s revenue for the quarter was up 18.0% compared to the same quarter last year. Research analysts forecast that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on ADSK shares. JPMorgan Chase & Co. raised Autodesk from a “neutral” rating to an “overweight” rating and set a $319.00 target price on the stock in a research report on Monday, February 2nd. BMO Capital Markets upped their price objective on Autodesk from $333.00 to $343.00 and gave the company a “market perform” rating in a report on Wednesday, November 26th. Rosenblatt Securities reiterated a “buy” rating and set a $355.00 price objective on shares of Autodesk in a research report on Monday, November 24th. Arete Research lifted their target price on Autodesk from $430.00 to $460.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Finally, UBS Group decreased their price target on shares of Autodesk from $400.00 to $290.00 and set a “buy” rating on the stock in a research note on Monday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Autodesk presently has an average rating of “Moderate Buy” and a consensus target price of $350.57.

Autodesk News Summary

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Autodesk led a $1B financing for World Labs and directly invested $200 million, highlighting a strategic push into advanced AI research that could support long-term product differentiation and address AI-related market concerns. Autodesk (ADSK) Invests $200 Million in World Labs
• Positive Sentiment: Morgan Stanley reiterated a bullish stance (Buy/Overweight) citing strong demand, margin expansion potential and limited AI-disruption risk, which supports a longer-term constructive view on revenue and profitability. Autodesk: Buy Rating Backed by Strong Demand Outlook, Margin Expansion, and Limited AI Disruption Risk
• Neutral Sentiment: Pre-earnings coverage is digging into key Q4 metrics and estimates beyond headline revenue/EPS, which could increase volatility around the upcoming results and guide investor focus to subscription metrics and margin trajectories. Gear Up for Autodesk (ADSK) Q4 Earnings: Wall Street Estimates for Key Metrics
• Negative Sentiment: Analysts are trimming price targets: Stifel lowered its PT to $285 (still a Buy) and Morgan Stanley cut its PT to $350 (keeps Overweight). PT cuts, even with maintained ratings, signal moderated upside expectations and can weigh on near-term sentiment. Stifel adjusts price target on Autodesk to $285
• Negative Sentiment: Loop Capital cut its price target to $250, adding to the downward pressure from lowered analyst targets and reinforcing a more cautious near-term view. Loop Capital Cuts Autodesk Price Target to $250
• Negative Sentiment: Broader sector dynamics: Canva’s recent acquisitive moves and market commentary highlight that public software stocks are being punished amid AI concerns — a sector-wide force likely contributing to Autodesk’s weakness today. As Wall Street punishes software stocks over AI concerns, Canva gets more acquisitive

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.