Autodesk, Inc. $ADSK Holdings Trimmed by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA reduced its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 30.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 30,264 shares of the software company’s stock after selling 13,205 shares during the quarter. Union Bancaire Privee UBP SA’s holdings in Autodesk were worth $8,958,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of ADSK. Brighton Jones LLC boosted its position in Autodesk by 14.5% during the 4th quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock worth $343,000 after acquiring an additional 147 shares during the period. Sivia Capital Partners LLC increased its holdings in shares of Autodesk by 98.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,472 shares of the software company’s stock valued at $765,000 after purchasing an additional 1,224 shares during the period. Schnieders Capital Management LLC. purchased a new stake in shares of Autodesk in the second quarter worth approximately $466,000. Avantax Advisory Services Inc. lifted its position in shares of Autodesk by 35.6% in the second quarter. Avantax Advisory Services Inc. now owns 7,132 shares of the software company’s stock worth $2,208,000 after purchasing an additional 1,874 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of Autodesk by 24.0% during the second quarter. Rockefeller Capital Management L.P. now owns 42,081 shares of the software company’s stock worth $13,027,000 after purchasing an additional 8,144 shares during the period. Institutional investors and hedge funds own 90.24% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on ADSK. JPMorgan Chase & Co. upped their price objective on shares of Autodesk from $319.00 to $336.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Argus raised shares of Autodesk to a “strong-buy” rating in a research note on Friday, March 6th. BTIG Research lowered their price target on shares of Autodesk from $365.00 to $300.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Autodesk in a report on Wednesday, January 21st. Finally, Rosenblatt Securities reduced their price objective on Autodesk from $375.00 to $330.00 and set a “buy” rating for the company in a research report on Tuesday, February 24th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $342.96.

Autodesk Price Performance

NASDAQ ADSK opened at $247.65 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.82. The stock has a market capitalization of $52.25 billion, a PE ratio of 47.26, a price-to-earnings-growth ratio of 1.65 and a beta of 1.45. Autodesk, Inc. has a 12-month low of $215.01 and a 12-month high of $329.09. The company has a 50 day moving average price of $249.50 and a two-hundred day moving average price of $286.46.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings results on Thursday, February 26th. The software company reported $2.85 EPS for the quarter, topping the consensus estimate of $2.64 by $0.21. Autodesk had a net margin of 15.60% and a return on equity of 53.51%. The company had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same quarter in the prior year, the business posted $2.29 EPS. Autodesk’s quarterly revenue was up 19.4% on a year-over-year basis. 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 predict that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Autodesk 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.