Autodesk, Inc. $ADSK Shares Sold by Headlands Technologies LLC

Headlands Technologies LLC decreased its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 18.5% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 16,758 shares of the software company’s stock after selling 3,793 shares during the period. Headlands Technologies LLC’s holdings in Autodesk were worth $5,188,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ADSK. CANADA LIFE ASSURANCE Co lifted its stake in shares of Autodesk by 13.9% in the second quarter. CANADA LIFE ASSURANCE Co now owns 220,767 shares of the software company’s stock worth $68,415,000 after acquiring an additional 26,927 shares in the last quarter. MUFG Securities EMEA plc purchased a new stake in Autodesk during the 2nd quarter worth approximately $196,000. Corient Private Wealth LLC raised its position in shares of Autodesk by 1.7% in the 2nd quarter. Corient Private Wealth LLC now owns 51,762 shares of the software company’s stock valued at $16,023,000 after purchasing an additional 858 shares in the last quarter. Florida Financial Advisors LLC boosted its stake in shares of Autodesk by 28.5% during the 2nd quarter. Florida Financial Advisors LLC now owns 1,354 shares of the software company’s stock valued at $419,000 after buying an additional 300 shares during the last quarter. Finally, State of Tennessee Department of Treasury grew its position in shares of Autodesk by 9.3% during the second quarter. State of Tennessee Department of Treasury now owns 98,895 shares of the software company’s stock worth $30,615,000 after buying an additional 8,453 shares in the last quarter. 90.24% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Ayanna Howard sold 917 shares of the company’s stock in a transaction on Monday, September 29th. The stock was sold at an average price of $325.00, for a total transaction of $298,025.00. Following the completion of the transaction, the director directly owned 3,476 shares in the company, valued at $1,129,700. This represents a 20.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.15% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

ADSK has been the topic of several recent analyst reports. Morgan Stanley upped their price target on shares of Autodesk from $370.00 to $385.00 and gave the company an “overweight” rating in a report on Sunday, August 31st. Mizuho boosted their target price on shares of Autodesk from $350.00 to $375.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. Wolfe Research increased their price target on shares of Autodesk from $370.00 to $390.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. Rosenblatt Securities reiterated a “buy” rating and issued a $355.00 price target on shares of Autodesk in a research note on Monday, November 24th. Finally, Barclays upped their price objective on Autodesk from $385.00 to $390.00 and gave the company an “overweight” rating in a research note on Wednesday, November 26th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Autodesk has a consensus rating of “Moderate Buy” and a consensus price target of $369.77.

Autodesk Price Performance

ADSK opened at $297.64 on Friday. The firm has a market cap of $63.10 billion, a price-to-earnings ratio of 57.68, a price-to-earnings-growth ratio of 2.42 and a beta of 1.47. Autodesk, Inc. has a fifty-two week low of $232.67 and a fifty-two week high of $329.09. The company’s 50-day moving average price is $302.70 and its 200 day moving average price is $303.48. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.86.

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