NorthRock Partners LLC Purchases 558 Shares of Autodesk, Inc. $ADSK

NorthRock Partners LLC raised its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 19.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,358 shares of the software company’s stock after acquiring an additional 558 shares during the period. NorthRock Partners LLC’s holdings in Autodesk were worth $1,040,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Cheviot Value Management LLC bought a new stake in shares of Autodesk during the first quarter worth approximately $27,000. SouthState Corp raised its position in shares of Autodesk by 500.0% in the first quarter. SouthState Corp now owns 96 shares of the software company’s stock valued at $25,000 after buying an additional 80 shares in the last quarter. Livelsberger Financial Advisory acquired a new stake in shares of Autodesk in the second quarter valued at approximately $31,000. E Fund Management Hong Kong Co. Ltd. raised its position in shares of Autodesk by 67.8% in the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 99 shares of the software company’s stock valued at $31,000 after buying an additional 40 shares in the last quarter. Finally, Costello Asset Management INC acquired a new stake in shares of Autodesk in the first quarter valued at approximately $26,000. Institutional investors own 90.24% of the company’s stock.

Analysts Set New Price Targets

ADSK has been the subject of a number of analyst reports. Macquarie lifted their price target on shares of Autodesk from $360.00 to $380.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Loop Capital initiated coverage on shares of Autodesk in a research report on Monday, July 21st. They issued a “hold” rating and a $320.00 price target for the company. KeyCorp lifted their price target on shares of Autodesk from $350.00 to $365.00 and gave the company an “overweight” rating in a research report on Friday, August 29th. Mizuho lifted their price target on shares of Autodesk from $350.00 to $375.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Finally, Hsbc Global Res upgraded shares of Autodesk from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Autodesk presently has an average rating of “Moderate Buy” and an average target price of $359.13.

Autodesk Stock Up 1.5%

Shares of ADSK opened at $307.97 on Tuesday. Autodesk, Inc. has a one year low of $232.67 and a one year high of $329.09. The company has a market cap of $65.60 billion, a P/E ratio of 63.76, a P/E/G ratio of 2.69 and a beta of 1.49. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.76 and a quick ratio of 0.76. The firm has a 50 day simple moving average of $308.35 and a two-hundred day simple moving average of $294.84.

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

Insider Activity at Autodesk

In other news, Director Ayanna Howard sold 3,159 shares of the company’s stock in a transaction on Friday, August 29th. The shares were sold at an average price of $325.00, for a total transaction of $1,026,675.00. Following the completion of the transaction, the director directly owned 4,393 shares in the company, valued at approximately $1,427,725. This represents a 41.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Ruth Ann Keene sold 2,761 shares of the company’s 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 transaction, the executive vice president owned 80,255 shares of the company’s stock, valued at $25,288,350.50. This trade represents a 3.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 35,386 shares of company stock valued at $11,433,201 over the last three months. 0.15% of the stock is currently owned by corporate insiders.

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.