Autodesk, Inc. $ADSK Shares Acquired by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S lifted its position in Autodesk, Inc. (NASDAQ:ADSK) by 18.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 130,669 shares of the software company’s stock after purchasing an additional 20,543 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S owned about 0.06% of Autodesk worth $41,510,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Proffitt & Goodson Inc. purchased a new position in Autodesk during the 3rd quarter worth approximately $27,000. Access Investment Management LLC acquired a new stake in shares of Autodesk in the second quarter worth $28,000. Heartwood Wealth Advisors LLC purchased a new position in shares of Autodesk during the third quarter worth $28,000. Tripletail Wealth Management LLC acquired a new position in Autodesk during the third quarter valued at $29,000. Finally, E Fund Management Hong Kong Co. Ltd. boosted its holdings in 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 purchasing an additional 40 shares during the last quarter. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Autodesk Trading Up 1.1%

Shares of NASDAQ:ADSK opened at $243.41 on Thursday. The business’s 50 day moving average price is $284.70 and its 200-day moving average price is $297.89. Autodesk, Inc. has a 1 year low of $232.67 and a 1 year high of $329.09. The firm has a market capitalization of $51.60 billion, a price-to-earnings ratio of 47.17, a price-to-earnings-growth ratio of 1.68 and a beta of 1.45. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.82 and a quick ratio of 0.82.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings results on Tuesday, November 25th. The software company reported $2.67 EPS for the quarter, topping the consensus estimate of $2.50 by $0.17. The company had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.81 billion. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. The firm’s revenue was up 18.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.17 EPS. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS and its Q4 2026 guidance at 2.590-2.67 EPS. On average, equities research analysts forecast that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have weighed in on ADSK. The Goldman Sachs Group lifted their price objective on Autodesk from $320.00 to $330.00 and gave the company a “neutral” rating in a research note on Wednesday, November 26th. Deutsche Bank Aktiengesellschaft upgraded Autodesk from a “hold” rating to a “buy” rating and lifted their price target for the company from $345.00 to $375.00 in a research report on Wednesday, November 26th. HSBC lowered their price objective on Autodesk from $388.00 to $379.00 and set a “buy” rating on the stock in a research report on Friday, November 28th. Wolfe Research cut their target price on shares of Autodesk from $390.00 to $330.00 and set an “outperform” rating for the company in a report on Monday. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Autodesk in a research note on Wednesday, January 21st. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $369.24.

Autodesk Company Profile

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.