Autodesk, Inc. $ADSK Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. increased its stake in shares of Autodesk, Inc. (NASDAQ:ADSKFree Report) by 0.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,493,167 shares of the software company’s stock after buying an additional 78,928 shares during the period. Vanguard Group Inc. owned about 0.10% of Autodesk worth $6,362,192,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ADSK. Brighton Jones LLC grew its holdings in shares of Autodesk by 14.5% in the 4th quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock worth $343,000 after acquiring an additional 147 shares during the period. Sivia Capital Partners LLC raised its holdings in Autodesk by 98.1% during the second quarter. Sivia Capital Partners LLC now owns 2,472 shares of the software company’s stock worth $765,000 after purchasing an additional 1,224 shares during the last quarter. Schnieders Capital Management LLC. purchased a new stake in Autodesk during the second quarter worth $466,000. Baird Financial Group Inc. grew its holdings in Autodesk by 7.5% in the second quarter. Baird Financial Group Inc. now owns 10,048 shares of the software company’s stock valued at $3,111,000 after purchasing an additional 701 shares during the last quarter. Finally, NewEdge Advisors LLC grew its holdings in Autodesk by 25.3% in the second 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. 90.24% of the stock is currently owned by institutional investors and hedge funds.

More Autodesk News

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Autodesk Price Performance

Shares of NASDAQ ADSK opened at $237.44 on Monday. The firm has a market cap of $50.10 billion, a P/E ratio of 45.31, a price-to-earnings-growth ratio of 1.57 and a beta of 1.43. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.85 and a current ratio of 0.85. Autodesk, Inc. has a 1 year low of $214.10 and a 1 year high of $329.09. The firm’s 50 day moving average price is $240.19 and its 200 day moving average price is $270.72.

Autodesk (NASDAQ:ADSKGet Free Report) last issued its quarterly earnings results on Thursday, February 26th. The software company reported $2.85 earnings per share for the quarter, beating the consensus estimate of $2.64 by $0.21. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.The company had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same period in the previous year, the firm posted $2.29 EPS. Autodesk’s revenue was up 19.4% on a year-over-year basis. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. As a group, sell-side analysts anticipate that Autodesk, Inc. will post 9.35 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ADSK. Barclays lifted their price target on Autodesk from $300.00 to $315.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. BMO Capital Markets dropped their target price on shares of Autodesk from $343.00 to $279.00 and set a “market perform” rating for the company in a report on Monday, March 2nd. Argus upgraded shares of Autodesk to a “strong-buy” rating in a research report on Friday, March 6th. Rosenblatt Securities reduced their price target on shares of Autodesk from $375.00 to $330.00 and set a “buy” rating on the stock in a report on Tuesday, February 24th. Finally, BTIG Research lowered their price target on shares of Autodesk from $365.00 to $300.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Three investment 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 stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $335.93.

Read Our Latest Stock Analysis on Autodesk

Autodesk Profile

(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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