Brucke Financial Inc. Raises Holdings in Autodesk, Inc. $ADSK

Brucke Financial Inc. raised its holdings in shares of Autodesk, Inc. (NASDAQ:ADSK) by 18.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 960 shares of the software company’s stock after purchasing an additional 148 shares during the period. Brucke Financial Inc.’s holdings in Autodesk were worth $297,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. PDS Planning Inc raised its position in Autodesk by 6.0% during the 2nd quarter. PDS Planning Inc now owns 1,581 shares of the software company’s stock valued at $489,000 after purchasing an additional 90 shares during the last quarter. Blue Trust Inc. raised its position in Autodesk by 22.1% during the 2nd quarter. Blue Trust Inc. now owns 1,148 shares of the software company’s stock valued at $355,000 after purchasing an additional 208 shares during the last quarter. 3Chopt Investment Partners LLC bought a new position in Autodesk during the 2nd quarter valued at approximately $232,000. Stiles Financial Services Inc raised its position in Autodesk by 3.3% during the 2nd quarter. Stiles Financial Services Inc now owns 1,577 shares of the software company’s stock valued at $488,000 after purchasing an additional 50 shares during the last quarter. Finally, IFP Advisors Inc raised its position in Autodesk by 2.9% during the 2nd quarter. IFP Advisors Inc now owns 2,122 shares of the software company’s stock valued at $657,000 after purchasing an additional 60 shares during the last quarter. Institutional investors own 90.24% of the company’s stock.

Autodesk Stock Down 2.2%

ADSK stock opened at $303.50 on Friday. Autodesk, Inc. has a twelve month low of $232.67 and a twelve month high of $329.09. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.91. The firm has a market cap of $64.65 billion, a PE ratio of 62.84, a price-to-earnings-growth ratio of 2.75 and a beta of 1.49. The business has a 50 day moving average of $308.24 and a 200 day moving average of $294.19.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings data on Thursday, August 28th. The software company reported $1.46 earnings per share for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.99). Autodesk had a net margin of 15.75% and a return on equity of 51.23%. The company had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.72 billion. During the same period last year, the business earned $2.15 EPS. The firm’s quarterly revenue was up 17.1% on a year-over-year basis. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. On average, research analysts forecast that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

Insider Buying and Selling

In other Autodesk news, EVP Ruth Ann Keene sold 2,761 shares of the stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $315.10, for a total transaction of $869,991.10. Following the sale, the executive vice president directly owned 80,255 shares in the company, valued at approximately $25,288,350.50. This trade represents a 3.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Steven M. Blum sold 22,420 shares of the stock in a transaction on Friday, September 5th. The shares were sold at an average price of $323.75, for a total value of $7,258,475.00. Following the sale, the executive vice president owned 13,099 shares in the company, valued at approximately $4,240,801.25. This represents a 63.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 35,386 shares of company stock worth $11,433,201 in the last 90 days. Corporate insiders own 0.15% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. KeyCorp upped their price target on Autodesk from $350.00 to $365.00 and gave the company an “overweight” rating in a research report on Friday, August 29th. Citigroup increased their target price on Autodesk from $376.00 to $393.00 and gave the stock a “buy” rating in a research report on Tuesday, September 2nd. Robert W. Baird increased their target price on Autodesk from $345.00 to $363.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. Loop Capital began coverage on Autodesk in a research report on Monday, July 21st. They issued a “hold” rating and a $320.00 target price for the company. Finally, UBS Group increased their target price on Autodesk from $370.00 to $385.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Autodesk currently has a consensus rating of “Moderate Buy” and a consensus target price of $359.13.

Autodesk Company Profile

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.