Savant Capital LLC Cuts Stock Holdings in Autodesk, Inc. $ADSK

Savant Capital LLC reduced its stake in Autodesk, Inc. (NASDAQ:ADSK) by 23.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,528 shares of the software company’s stock after selling 4,667 shares during the period. Savant Capital LLC’s holdings in Autodesk were worth $4,933,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Machina Capital S.A.S. increased its holdings in Autodesk by 80.8% during the 3rd quarter. Machina Capital S.A.S. now owns 12,839 shares of the software company’s stock worth $4,079,000 after purchasing an additional 5,739 shares during the period. J.W. Cole Advisors Inc. grew its position in shares of Autodesk by 7.5% during the third quarter. J.W. Cole Advisors Inc. now owns 2,148 shares of the software company’s stock worth $682,000 after buying an additional 149 shares in the last quarter. Ashton Thomas Private Wealth LLC increased its stake in shares of Autodesk by 2.4% during the third quarter. Ashton Thomas Private Wealth LLC now owns 3,333 shares of the software company’s stock worth $1,059,000 after buying an additional 77 shares during the period. Premier Path Wealth Partners LLC raised its holdings in Autodesk by 3.7% in the third quarter. Premier Path Wealth Partners LLC now owns 1,813 shares of the software company’s stock valued at $576,000 after acquiring an additional 64 shares in the last quarter. Finally, Strengthening Families & Communities LLC lifted its stake in Autodesk by 3,951.5% in the third quarter. Strengthening Families & Communities LLC now owns 7,860 shares of the software company’s stock worth $2,481,000 after acquiring an additional 7,666 shares during the last quarter. 90.24% of the stock is owned by institutional investors and hedge funds.

Autodesk Price Performance

ADSK stock opened at $238.06 on Friday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.86. The company has a market capitalization of $50.47 billion, a P/E ratio of 46.14, a PEG ratio of 1.70 and a beta of 1.45. The business has a 50 day simple moving average of $283.43 and a 200-day simple moving average of $297.47. Autodesk, Inc. has a twelve month low of $232.67 and a twelve month high of $329.09.

Autodesk (NASDAQ:ADSK) last announced its earnings results on Tuesday, November 25th. The software company reported $2.67 EPS for the quarter, beating analysts’ consensus estimates of $2.50 by $0.17. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. The business had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same period in the prior year, the company earned $2.17 earnings per share. The business’s revenue was up 18.0% compared to the same quarter last year. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS and its Q4 2026 guidance at 2.590-2.67 EPS. As a group, equities analysts anticipate that Autodesk, Inc. will post 5.76 EPS for the current year.

Analyst Upgrades and Downgrades

ADSK has been the topic of a number of recent analyst reports. Rosenblatt Securities reissued a “buy” rating and issued a $355.00 price objective on shares of Autodesk in a research report on Monday, November 24th. Wells Fargo & Company raised their price target on Autodesk from $375.00 to $380.00 and gave the company an “overweight” rating in a research note on Wednesday, November 26th. Robert W. Baird lifted their price target on Autodesk from $367.00 to $377.00 and gave the stock an “outperform” rating in a report on Wednesday, November 26th. Rothschild Redb raised Autodesk to a “strong-buy” rating in a research report on Friday, January 9th. Finally, UBS Group reissued a “buy” rating and set a $400.00 target price on shares of Autodesk in a research report on Wednesday, November 26th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $369.24.

About Autodesk

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.