Bank of New York Mellon Corp reduced its stake in shares of Autodesk, Inc. (NASDAQ:ADSK – Free Report) by 2.0% during the 4th quarter, HoldingsChannel reports. The fund owned 1,277,646 shares of the software company’s stock after selling 26,226 shares during the period. Bank of New York Mellon Corp’s holdings in Autodesk were worth $378,196,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in Autodesk by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 21,493,167 shares of the software company’s stock worth $6,362,192,000 after acquiring an additional 78,928 shares during the last quarter. Geode Capital Management LLC increased its stake in Autodesk by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 5,682,041 shares of the software company’s stock worth $1,677,404,000 after acquiring an additional 123,691 shares during the last quarter. Norges Bank bought a new stake in Autodesk during the fourth quarter worth approximately $867,480,000. Amundi increased its stake in Autodesk by 3.0% during the third quarter. Amundi now owns 2,726,105 shares of the software company’s stock worth $881,704,000 after acquiring an additional 79,171 shares during the last quarter. Finally, Northern Trust Corp increased its stake in Autodesk by 0.4% during the third quarter. Northern Trust Corp now owns 2,517,683 shares of the software company’s stock worth $799,792,000 after acquiring an additional 10,169 shares during the last quarter. 90.24% of the stock is owned by institutional investors.
Autodesk Stock Up 1.8%
Shares of NASDAQ:ADSK opened at $233.64 on Friday. Autodesk, Inc. has a 1 year low of $214.10 and a 1 year high of $329.09. The business has a 50 day simple moving average of $237.83 and a two-hundred day simple moving average of $258.36. The firm has a market capitalization of $49.30 billion, a PE ratio of 34.06, a price-to-earnings-growth ratio of 1.46 and a beta of 1.29. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.83 and a quick ratio of 0.85.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on ADSK. Deutsche Bank Aktiengesellschaft reduced their price objective on Autodesk from $375.00 to $330.00 and set a “buy” rating on the stock in a research note on Monday, March 2nd. Argus raised Autodesk to a “strong-buy” rating in a research note on Friday, March 6th. Arete Research reduced their price objective on Autodesk from $460.00 to $456.00 and set a “buy” rating on the stock in a research note on Thursday, March 26th. Jefferies Financial Group raised Autodesk to a “strong-buy” rating in a research note on Tuesday, May 26th. Finally, Oppenheimer dropped their target price on Autodesk from $375.00 to $325.00 and set an “outperform” rating for the company in a research report on Tuesday, February 24th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $327.21.
Get Our Latest Analysis on ADSK
Autodesk News Roundup
Here are the key news stories impacting Autodesk this week:
- Positive Sentiment: Autodesk signed a strategic collaboration agreement with Amazon Web Services to advance cloud-based design and build tools, and Fusion products will be available through AWS Marketplace. Autodesk signs strategic collaboration agreement with Amazon Web Services
- Positive Sentiment: Autodesk also updated its small-business offering by lowering the entry point for Autodesk Flex, which could broaden adoption among smaller customers and support future recurring revenue growth. Autodesk for Small Business update: Making it more affordable to get started with Autodesk Flex
- Positive Sentiment: Recent analysis continues to point to Autodesk as a value-and-growth candidate after stronger earnings results and raised annual guidance drew investor attention. Autodesk (ADSK) Valuation Check As AWS Cloud Deal And Raised Guidance Draw Investor Attention
- Neutral Sentiment: Several articles framed Autodesk as a potential buy or value stock, but these were mostly opinion pieces rather than new fundamental developments. Is It Time To Consider Buying Autodesk, Inc. (NASDAQ:ADSK)?
- Neutral Sentiment: Autodesk also presented at recent investor conferences, which typically reinforces the company’s message but is unlikely to be a major stock-moving event on its own. Autodesk, Inc. (ADSK) Presents at 2026 Baird Global Consumer, Technology & Services Conference Transcript
- Negative Sentiment: Some recent commentary noted Autodesk’s share price has been under pressure despite the AWS deal and stronger guidance, suggesting investors still have concerns about execution and valuation. Autodesk (ADSK) Valuation Check As AWS Cloud Deal And Raised Guidance Draw Investor Attention
Insider Activity
In other news, Director Stacy J. Smith purchased 3,435 shares of the stock in a transaction that occurred on Friday, May 29th. The stock was purchased at an average price of $231.17 per share, for a total transaction of $794,068.95. Following the completion of the acquisition, the director owned 26,517 shares of the company’s stock, valued at approximately $6,129,934.89. This trade represents a 14.88% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.14% of the company’s stock.
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.
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