Autodesk, Inc. $ADSK Shares Bought by Mufg Securities Americas Inc.

Mufg Securities Americas Inc. grew its stake in Autodesk, Inc. (NASDAQ:ADSK) by 24.6% during the second quarter, HoldingsChannel reports. The firm owned 4,741 shares of the software company’s stock after purchasing an additional 935 shares during the quarter. Mufg Securities Americas Inc.’s holdings in Autodesk were worth $1,468,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. OMNI 360 Wealth Inc. purchased a new position in Autodesk during the second quarter worth about $359,000. E. Ohman J or Asset Management AB increased its position in Autodesk by 1.8% during the 2nd quarter. E. Ohman J or Asset Management AB now owns 127,126 shares of the software company’s stock worth $39,354,000 after purchasing an additional 2,276 shares during the period. Nordea Investment Management AB increased its position in Autodesk by 5.6% during the 2nd quarter. Nordea Investment Management AB now owns 21,254 shares of the software company’s stock worth $6,509,000 after purchasing an additional 1,124 shares during the period. GK Wealth Management LLC purchased a new position in shares of Autodesk during the 2nd quarter worth approximately $348,000. Finally, Welch & Forbes LLC acquired a new stake in shares of Autodesk in the 2nd quarter valued at approximately $348,000. 90.24% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Autodesk news, EVP Rebecca Pearce sold 6,129 shares of the firm’s stock in a transaction on Friday, August 29th. The stock was sold at an average price of $323.06, for a total transaction of $1,980,034.74. Following the completion of the transaction, the executive vice president owned 13,311 shares of the company’s stock, valued at approximately $4,300,251.66. This trade represents a 31.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Ayanna Howard sold 3,159 shares of the company’s stock in a transaction on Friday, August 29th. The shares were sold at an average price of $325.00, for a total value of $1,026,675.00. Following the completion of the sale, the director owned 4,393 shares in the company, valued at $1,427,725. This represents a 41.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 35,386 shares of company stock worth $11,433,201. 0.15% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts recently weighed in on ADSK shares. Bank of America upped their price objective on Autodesk from $330.00 to $360.00 and gave the stock a “neutral” rating in a report on Friday, August 29th. Piper Sandler upped their price target on shares of Autodesk from $361.00 to $373.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. Stifel Nicolaus increased their price target on shares of Autodesk from $350.00 to $375.00 and gave the company a “buy” rating in a report on Friday, August 29th. Hsbc Global Res raised shares of Autodesk from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 1st. Finally, Rosenblatt Securities increased their target price on shares of Autodesk from $345.00 to $355.00 and gave the company a “buy” rating in a report on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Autodesk presently has an average rating of “Moderate Buy” and an average price target of $358.30.

Autodesk Price Performance

Shares of NASDAQ ADSK opened at $290.80 on Friday. The stock has a market cap of $61.94 billion, a price-to-earnings ratio of 60.21, a PEG ratio of 2.63 and a beta of 1.51. Autodesk, Inc. has a 52 week low of $232.67 and a 52 week high of $329.09. The company’s 50-day moving average price is $308.49 and its 200 day moving average price is $302.67. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.91.

Autodesk (NASDAQ:ADSK) last announced its earnings results on Thursday, August 28th. The software company reported $1.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.45 by ($0.99). The business had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.72 billion. Autodesk had a return on equity of 51.23% and a net margin of 15.75%.The business’s revenue was up 17.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.15 EPS. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. As a group, research analysts forecast that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Autodesk Company Profile

Autodesk, Inc provides 3D design, engineering, and entertainment technology solutions worldwide. The company offers AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; BuildingConnected, a SaaS preconstruction solution; AutoCAD, a software for professional design, drafting, detailing, and visualization; AutoCAD LT, a drafting and detailing software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and computer-aided engineering tool; and Industry Collections tools for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment collection industries.