National Wealth Management Group LLC Buys New Position in Autodesk, Inc. $ADSK

National Wealth Management Group LLC purchased a new position in Autodesk, Inc. (NASDAQ:ADSK) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,648 shares of the software company’s stock, valued at approximately $841,000.

A number of other institutional investors also recently modified their holdings of the company. Bridgewater Advisors Inc. lifted its holdings in 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 buying an additional 34 shares during the period. Clarity Wealth Advisors LLC grew its holdings in 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 acquiring an additional 35 shares during the period. Patron Partners LLC raised its position in shares of Autodesk by 0.8% in the 3rd quarter. Patron Partners LLC now owns 4,295 shares of the software company’s stock worth $1,364,000 after acquiring an additional 35 shares in the last quarter. Fulton Bank N.A. boosted its position in shares of Autodesk by 4.6% during the 3rd quarter. Fulton Bank N.A. now owns 812 shares of the software company’s stock valued at $258,000 after purchasing an additional 36 shares in the last quarter. Finally, Wedbush Securities Inc. grew its stake 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 purchasing an additional 37 shares during the period. 90.24% of the stock is owned by institutional investors.

Autodesk Stock Performance

Shares of ADSK opened at $270.00 on Monday. Autodesk, Inc. has a 52-week low of $232.67 and a 52-week high of $329.09. The stock’s 50-day simple moving average is $290.33 and its 200 day simple moving average is $299.78. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.82 and a current ratio of 0.82. The stock has a market capitalization of $57.24 billion, a price-to-earnings ratio of 52.33, a price-to-earnings-growth ratio of 2.19 and a beta of 1.46.

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

Analyst Ratings Changes

Several brokerages have issued reports on ADSK. Hsbc Global Res raised Autodesk from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 1st. BMO Capital Markets boosted their target price on shares of Autodesk from $333.00 to $343.00 and gave the company a “market perform” rating in a research report on Wednesday, November 26th. HSBC reduced their price target on shares of Autodesk from $388.00 to $379.00 and set a “buy” rating for the company in a report on Friday, November 28th. Barclays upped their price objective on shares of Autodesk from $385.00 to $390.00 and gave the company an “overweight” rating in a report on Wednesday, November 26th. Finally, Wolfe Research raised their price objective on Autodesk from $370.00 to $390.00 and gave the company an “outperform” rating in a research note on Wednesday, November 26th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Autodesk presently has an average rating of “Moderate Buy” and an average target price of $369.97.

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.