144,381 Shares in Autodesk, Inc. $ADSK Bought by Fideuram Intesa Sanpaolo Private Banking S.P.A.

Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of Autodesk, Inc. (NASDAQ:ADSKFree Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 144,381 shares of the software company’s stock, valued at approximately $42,738,000. Autodesk comprises approximately 1.5% of Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings, making the stock its 9th biggest position.

Several other institutional investors and hedge funds have also modified their holdings of the business. Northwestern Mutual Wealth Management Co. raised its position in shares of Autodesk by 44,345.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,280,515 shares of the software company’s stock worth $675,055,000 after acquiring an additional 2,275,384 shares during the last quarter. Rakuten Investment Management Inc. bought a new position in shares of Autodesk during the third quarter worth about $268,649,000. Wellington Management Group LLP raised its position in shares of Autodesk by 326.9% during the third quarter. Wellington Management Group LLP now owns 918,010 shares of the software company’s stock worth $291,624,000 after acquiring an additional 702,974 shares during the last quarter. First Trust Advisors LP raised its position in shares of Autodesk by 197.1% during the third quarter. First Trust Advisors LP now owns 910,768 shares of the software company’s stock worth $289,324,000 after acquiring an additional 604,235 shares during the last quarter. Finally, Two Sigma Investments LP raised its position in shares of Autodesk by 51,159.6% during the third quarter. Two Sigma Investments LP now owns 512,596 shares of the software company’s stock worth $162,836,000 after acquiring an additional 511,596 shares during the last quarter. 90.24% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ADSK. DA Davidson lowered their price objective on Autodesk from $375.00 to $325.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Stifel Nicolaus lowered their price objective on Autodesk from $375.00 to $285.00 and set a “buy” rating for the company in a research report on Monday, February 23rd. Jefferies Financial Group began coverage on Autodesk in a research note on Wednesday, April 15th. They set a “buy” rating and a $300.00 target price for the company. Citigroup reaffirmed a “neutral” rating and set a $246.00 target price (down from $331.00) on shares of Autodesk in a research note on Friday, April 10th. Finally, Barclays decreased their target price on Autodesk from $315.00 to $300.00 and set an “overweight” rating for the company in a research note on Wednesday, May 13th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $333.07.

View Our Latest Stock Analysis on Autodesk

Autodesk Trading Up 0.3%

Shares of Autodesk stock opened at $244.16 on Wednesday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.85 and a current ratio of 0.85. Autodesk, Inc. has a 52 week low of $214.10 and a 52 week high of $329.09. The stock has a 50 day moving average price of $240.62 and a two-hundred day moving average price of $263.55. The stock has a market capitalization of $51.55 billion, a PE ratio of 46.60, a price-to-earnings-growth ratio of 1.57 and a beta of 1.32.

Autodesk (NASDAQ:ADSKGet Free Report) last announced its quarterly earnings data on Thursday, February 26th. The software company reported $2.85 EPS for the quarter, beating analysts’ consensus estimates of $2.64 by $0.21. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.The firm had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.91 billion. During the same quarter last year, the firm posted $2.29 earnings per share. The company’s revenue for the quarter was up 19.4% compared to the same quarter last year. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. As a group, equities analysts anticipate that Autodesk, Inc. will post 9.35 earnings per share for the current fiscal year.

Autodesk News Summary

Here are the key news stories impacting Autodesk this week:

Autodesk Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Autodesk (NASDAQ:ADSK)

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