Autodesk, Inc. $ADSK Shares Sold by Robeco Schweiz AG

Robeco Schweiz AG lowered its stake in Autodesk, Inc. (NASDAQ:ADSK) by 5.9% during the second quarter, Holdings Channel.com reports. The institutional investor owned 585,235 shares of the software company’s stock after selling 36,548 shares during the period. Autodesk makes up approximately 4.2% of Robeco Schweiz AG’s portfolio, making the stock its largest position. Robeco Schweiz AG’s holdings in Autodesk were worth $181,171,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in shares of Autodesk by 1.9% in the first quarter. Vanguard Group Inc. now owns 20,782,919 shares of the software company’s stock valued at $5,440,968,000 after acquiring an additional 397,458 shares in the last quarter. Ninety One UK Ltd raised its stake in Autodesk by 3.7% in the 2nd quarter. Ninety One UK Ltd now owns 5,338,125 shares of the software company’s stock valued at $1,652,523,000 after purchasing an additional 191,448 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Autodesk by 13.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,454,264 shares of the software company’s stock valued at $904,326,000 after purchasing an additional 400,514 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its holdings in Autodesk by 44.1% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 3,318,319 shares of the software company’s stock valued at $868,736,000 after purchasing an additional 1,016,187 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of Autodesk by 4.3% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 3,000,268 shares of the software company’s stock worth $785,470,000 after purchasing an additional 124,948 shares during the last quarter. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on ADSK. Bank of America boosted their price objective on shares of Autodesk from $330.00 to $360.00 and gave the company a “neutral” rating in a research report on Friday, August 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $380.00 target price on shares of Autodesk in a research note on Monday, October 6th. Stifel Nicolaus increased their price target on Autodesk from $350.00 to $375.00 and gave the stock a “buy” rating in a research note on Friday, August 29th. Mizuho raised their price objective on Autodesk from $350.00 to $375.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Finally, Piper Sandler lifted their price objective on Autodesk from $361.00 to $373.00 and gave the company an “overweight” rating in a research report on Friday, August 29th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $359.13.

Insider Transactions at Autodesk

In other Autodesk news, Director Ayanna Howard sold 917 shares of the business’s stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $325.00, for a total transaction of $298,025.00. Following the completion of the sale, the director directly owned 3,476 shares in the company, valued at $1,129,700. The trade was a 20.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Steven M. Blum sold 22,420 shares of the 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 sale, the executive vice president directly owned 13,099 shares of the company’s stock, valued at $4,240,801.25. The trade was a 63.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 35,386 shares of company stock worth $11,433,201 over the last 90 days. Company insiders own 0.15% of the company’s stock.

Autodesk Trading Up 0.5%

ADSK stock opened at $298.72 on Tuesday. 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 company has a market cap of $63.63 billion, a price-to-earnings ratio of 61.85, a PEG ratio of 2.63 and a beta of 1.51. The business has a fifty day simple moving average of $313.47 and a 200-day simple moving average of $301.62. Autodesk, Inc. has a 52 week low of $232.67 and a 52 week high of $329.09.

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

Autodesk 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.