Capital Fund Management S.A. Takes $11.30 Million Position in Autodesk, Inc. $ADSK

Capital Fund Management S.A. purchased a new stake in Autodesk, Inc. (NASDAQ:ADSK) in the second quarter, HoldingsChannel reports. The firm purchased 36,490 shares of the software company’s stock, valued at approximately $11,296,000.

Several other large investors have also recently bought and sold shares of ADSK. SouthState Corp boosted its position in Autodesk by 500.0% in the 1st quarter. SouthState Corp now owns 96 shares of the software company’s stock valued at $25,000 after buying an additional 80 shares during the last quarter. Costello Asset Management INC acquired a new position in shares of Autodesk during the first quarter valued at $26,000. Cheviot Value Management LLC bought a new position in Autodesk in the first quarter valued at about $27,000. Flaharty Asset Management LLC acquired a new stake in Autodesk in the first quarter worth about $27,000. Finally, Access Investment Management LLC bought a new stake in Autodesk during the 2nd quarter worth about $28,000. Institutional investors and hedge funds own 90.24% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on ADSK. Wolfe Research raised their target price on shares of Autodesk from $370.00 to $390.00 and gave the company an “outperform” rating in a research note on Wednesday. Wall Street Zen cut shares of Autodesk from a “strong-buy” rating to a “buy” rating in a research note on Sunday, September 28th. DA Davidson reiterated a “buy” rating and set a $375.00 target price on shares of Autodesk in a research report on Friday, August 29th. Deutsche Bank Aktiengesellschaft raised Autodesk from a “hold” rating to a “buy” rating and increased their price target for the company from $345.00 to $375.00 in a research note on Wednesday. Finally, Bank of America lifted their price objective on Autodesk from $360.00 to $365.00 and gave the stock a “neutral” rating in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $366.16.

Insiders Place Their Bets

In related news, EVP Ruth Ann Keene sold 2,761 shares of the business’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $315.10, for a total value of $869,991.10. Following the sale, the executive vice president directly owned 80,255 shares of the company’s stock, valued at approximately $25,288,350.50. The trade was a 3.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Steven M. Blum sold 22,420 shares of the company’s stock in a transaction on Friday, September 5th. The stock was sold at an average price of $323.75, for a total transaction of $7,258,475.00. Following the completion of the transaction, the executive vice president directly owned 13,099 shares of the company’s stock, valued at approximately $4,240,801.25. The trade was a 63.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 26,098 shares of company stock worth $8,426,491. Company insiders own 0.15% of the company’s stock.

Autodesk Stock Performance

Shares of Autodesk stock opened at $303.30 on Friday. The stock’s fifty day simple moving average is $306.20 and its 200 day simple moving average is $302.95. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $64.60 billion, a PE ratio of 62.79, a PEG ratio of 2.63 and a beta of 1.51. Autodesk, Inc. has a 12 month low of $232.67 and a 12 month high of $329.09.

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 the consensus estimate of $2.50 by $0.17. Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The company had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the prior year, the company earned $2.17 earnings per share. The company’s revenue for the quarter was up 18.0% compared to the same quarter last year. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS. Q4 2026 guidance at 2.590-2.67 EPS. On average, research analysts predict that Autodesk, Inc. will post 5.76 EPS for the current year.

About Autodesk

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.