4,265 Shares of Autodesk, Inc. $ADSK Bought by NTV Asset Management LLC

NTV Asset Management LLC acquired a new position in shares of Autodesk, Inc. (NASDAQ:ADSK) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 4,265 shares of the software company’s stock, valued at approximately $891,000.

Other large investors also recently added to or reduced their stakes in the company. Ascentis Independent Advisors bought a new position in shares of Autodesk in the 1st quarter valued at about $28,000. Johnson Financial Group Inc. acquired a new stake in shares of Autodesk during the 2nd quarter worth approximately $30,000. Avalon Trust Co grew its position in shares of Autodesk by 97.8% during the 1st quarter. Avalon Trust Co now owns 180 shares of the software company’s stock worth $43,000 after buying an additional 89 shares during the period. Wellington Grp LLC raised its stake in shares of Autodesk by 873.7% during the first quarter. Wellington Grp LLC now owns 185 shares of the software company’s stock worth $44,000 after buying an additional 166 shares during the last quarter. Finally, Community Financial Services Group LLC bought a new stake in shares of Autodesk during the second quarter worth approximately $37,000. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Autodesk Stock Performance

Shares of ADSK stock opened at $252.20 on Monday. The stock has a market cap of $52.71 billion, a PE ratio of 32.63, a price-to-earnings-growth ratio of 1.67 and a beta of 1.33. The stock has a 50-day moving average of $232.12 and a 200-day moving average of $228.25. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.86 and a quick ratio of 0.86. Autodesk, Inc. has a one year low of $185.50 and a one year high of $320.00.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings data on Thursday, August 27th. The software company reported $3.30 earnings per share for the quarter, topping the consensus estimate of $3.12 by $0.18. Autodesk had a net margin of 21.08% and a return on equity of 58.63%. The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.01 billion. During the same quarter last year, the firm earned $2.62 EPS. Autodesk’s quarterly revenue was up 16.1% compared to the same quarter last year. Autodesk has set its FY 2027 guidance at 12.520-12.600 EPS and its Q3 2027 guidance at 3.040-3.090 EPS. As a group, sell-side analysts expect that Autodesk, Inc. will post 9.70 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Barclays restated an “overweight” rating on shares of Autodesk in a report on Wednesday, August 19th. UBS Group reaffirmed a “buy” rating on shares of Autodesk in a report on Thursday, September 24th. BMO Capital Markets upped their target price on shares of Autodesk from $262.00 to $283.00 and gave the company a “market perform” rating in a research report on Friday, August 28th. DA Davidson set a $325.00 price target on Autodesk in a research note on Friday, August 28th. Finally, Berenberg Bank set a $333.00 price target on Autodesk in a research report on Tuesday, September 1st. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $316.84.

About Autodesk

Autodesk, Inc develops software and cloud-based services for the architecture, engineering, construction, manufacturing, media and entertainment industries. Its products help customers design, visualize, simulate and manage projects, products and digital content throughout their lifecycles.

The company’s portfolio includes AutoCAD for computer-aided design; Revit for building information modeling; Civil 3D for civil engineering and infrastructure design; Inventor and Fusion for product design and manufacturing; and Maya and 3ds Max for animation, modeling and visual effects.