OMERS ADMINISTRATION Corp Buys 39,468 Shares of Autodesk, Inc. $ADSK

OMERS ADMINISTRATION Corp lifted its stake in Autodesk, Inc. (NASDAQ:ADSK) by 261.9% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 54,538 shares of the software company’s stock after buying an additional 39,468 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Autodesk were worth $16,883,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of ADSK. Vanguard Group Inc. grew its position in Autodesk by 0.9% during the 2nd quarter. Vanguard Group Inc. now owns 20,963,515 shares of the software company’s stock worth $6,489,675,000 after acquiring an additional 180,596 shares during the last quarter. Loomis Sayles & Co. L P boosted its stake in shares of Autodesk by 1.5% during the second quarter. Loomis Sayles & Co. L P now owns 5,831,447 shares of the software company’s stock valued at $1,805,241,000 after purchasing an additional 88,066 shares during the period. Geode Capital Management LLC grew its holdings in shares of Autodesk by 15.1% in the second quarter. Geode Capital Management LLC now owns 5,606,264 shares of the software company’s stock worth $1,730,415,000 after purchasing an additional 734,449 shares during the last quarter. Ninety One UK Ltd grew its holdings in shares of Autodesk by 3.7% in the second quarter. Ninety One UK Ltd now owns 5,338,125 shares of the software company’s stock worth $1,652,523,000 after purchasing an additional 191,448 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Autodesk by 13.1% in the first 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 worth $904,326,000 after buying an additional 400,514 shares during the period. 90.24% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Autodesk

In other Autodesk news, EVP Steven M. Blum sold 22,420 shares of Autodesk 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 transaction, the executive vice president owned 13,099 shares in the company, valued at approximately $4,240,801.25. The trade was a 63.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Ruth Ann Keene sold 2,761 shares of the stock in a transaction dated Wednesday, September 3rd. The shares were 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 $25,288,350.50. This trade represents a 3.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 26,098 shares of company stock valued at $8,426,491 in the last ninety days. 0.15% of the stock is currently owned by corporate insiders.

Autodesk Price Performance

ADSK stock opened at $303.30 on Monday. Autodesk, Inc. has a 1 year low of $232.67 and a 1 year high of $329.09. The company has a market cap of $64.60 billion, a P/E ratio of 62.79, a PEG ratio of 2.63 and a beta of 1.51. The firm has a 50-day moving average of $306.20 and a 200 day moving average of $303.00. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.76 and a quick ratio of 0.76.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings data on Tuesday, November 25th. The software company reported $2.67 earnings per share for the quarter, beating the consensus estimate of $2.50 by $0.17. Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The business had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same period in the previous year, the firm posted $2.17 EPS. The business’s revenue was up 18.0% on a year-over-year basis. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS. Q4 2026 guidance at 2.590-2.67 EPS. On average, sell-side analysts forecast that Autodesk, Inc. will post 5.76 EPS for the current year.

Wall Street Analyst Weigh In

ADSK has been the subject of several analyst reports. Hsbc Global Res raised shares of Autodesk from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 1st. Wall Street Zen lowered shares of Autodesk from a “strong-buy” rating to a “buy” rating in a report on Sunday, September 28th. KeyCorp raised their target price on Autodesk from $350.00 to $365.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. Robert W. Baird boosted their price target on Autodesk from $367.00 to $377.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, BMO Capital Markets increased their price objective on Autodesk from $333.00 to $343.00 and gave the stock a “market perform” rating in a report on Wednesday, November 26th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Autodesk currently has a consensus rating of “Moderate Buy” and a consensus price target of $366.16.

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.