Capital Fund Management S.A. Boosts Stock Position in Autodesk, Inc. $ADSK

Capital Fund Management S.A. grew its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 70.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 62,256 shares of the software company’s stock after acquiring an additional 25,766 shares during the period. Capital Fund Management S.A.’s holdings in Autodesk were worth $19,777,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of ADSK. Patron Partners LLC boosted its stake in Autodesk by 0.8% in the third quarter. Patron Partners LLC now owns 4,295 shares of the software company’s stock worth $1,364,000 after buying an additional 35 shares in the last quarter. Fulton Bank N.A. grew its position in Autodesk by 4.6% during the third 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 last quarter. Wedbush Securities Inc. raised its stake in shares of 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 in the last quarter. Catalyst Financial Partners LLC lifted its holdings in shares of Autodesk by 3.8% in the 3rd quarter. Catalyst Financial Partners LLC now owns 1,023 shares of the software company’s stock worth $325,000 after acquiring an additional 37 shares during the last quarter. Finally, Beacon Financial Group boosted its stake in shares of Autodesk by 3.4% in the 3rd quarter. Beacon Financial Group now owns 1,168 shares of the software company’s stock valued at $371,000 after purchasing an additional 38 shares in the last quarter. 90.24% of the stock is owned by hedge funds and other institutional investors.

Autodesk Price Performance

ADSK opened at $251.83 on Thursday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.85 and a current ratio of 0.85. The stock has a market capitalization of $53.14 billion, a PE ratio of 48.06, a price-to-earnings-growth ratio of 1.68 and a beta of 1.45. The stock’s 50 day moving average price is $254.21 and its 200-day moving average price is $288.16. Autodesk, Inc. has a 52-week low of $215.01 and a 52-week high of $329.09.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings results on Thursday, February 26th. The software company reported $2.85 EPS for the quarter, topping analysts’ consensus estimates of $2.64 by $0.21. The company had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.91 billion. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.The firm’s revenue was up 19.4% on a year-over-year basis. During the same quarter last year, the firm posted $2.29 earnings per share. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. On average, equities research analysts predict that Autodesk, Inc. will post 5.76 EPS for the current year.

Analysts Set New Price Targets

ADSK has been the topic of several recent research reports. Loop Capital reduced their target price on shares of Autodesk from $320.00 to $250.00 and set a “hold” rating on the stock in a report on Thursday, February 19th. Citigroup upped their price target on shares of Autodesk from $315.00 to $331.00 and gave the company a “buy” rating in a research report on Tuesday, March 3rd. Barclays raised their price objective on Autodesk from $300.00 to $315.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. The Goldman Sachs Group boosted their target price on Autodesk from $320.00 to $330.00 and gave the company a “neutral” rating in a research note on Wednesday, November 26th. Finally, Piper Sandler restated an “overweight” rating and set a $383.00 target price (up from $373.00) on shares of Autodesk in a report on Monday, March 2nd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $341.96.

Autodesk Company 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.