Autodesk, Inc. $ADSK Shares Acquired by Whalen Wealth Management Inc.

Whalen Wealth Management Inc. increased its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 337.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,396 shares of the software company’s stock after purchasing an additional 3,392 shares during the quarter. Autodesk accounts for about 0.8% of Whalen Wealth Management Inc.’s holdings, making the stock its 26th largest holding. Whalen Wealth Management Inc.’s holdings in Autodesk were worth $1,396,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in ADSK. Flaharty Asset Management LLC purchased a new stake in shares of Autodesk during the first quarter worth about $27,000. Access Investment Management LLC acquired a new stake in Autodesk in the 2nd quarter worth about $28,000. Heartwood Wealth Advisors LLC purchased a new stake in Autodesk during the 3rd quarter worth approximately $28,000. Livelsberger Financial Advisory acquired a new position in shares of Autodesk during the second quarter valued at approximately $31,000. Finally, Hilltop National Bank acquired a new position in shares of Autodesk during the second quarter valued at approximately $31,000. 90.24% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Autodesk

In other news, Director Ayanna Howard sold 917 shares of the stock in a transaction on Monday, September 29th. The stock was sold at an average price of $325.00, for a total transaction of $298,025.00. Following the completion of the transaction, the director directly owned 3,476 shares in the company, valued at approximately $1,129,700. This represents a 20.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.15% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on ADSK. Weiss Ratings reiterated a “hold (c+)” rating on shares of Autodesk in a research report on Wednesday, October 8th. Berenberg Bank set a $370.00 target price on shares of Autodesk in a research note on Monday, September 1st. Oppenheimer increased their target price on shares of Autodesk from $350.00 to $375.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Morgan Stanley boosted their price target on shares of Autodesk from $370.00 to $385.00 and gave the stock an “overweight” rating in a research report on Sunday, August 31st. Finally, Mizuho increased their price objective on shares of Autodesk from $350.00 to $375.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Autodesk presently has a consensus rating of “Moderate Buy” and a consensus target price of $369.59.

Autodesk Stock Performance

NASDAQ:ADSK opened at $299.24 on Friday. The company’s 50-day moving average is $301.12 and its two-hundred day moving average is $303.37. Autodesk, Inc. has a 1-year low of $232.67 and a 1-year high of $329.09. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a market capitalization of $63.44 billion, a price-to-earnings ratio of 57.99, a PEG ratio of 2.38 and a beta of 1.47.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings results on Tuesday, November 25th. The software company reported $2.67 EPS for the quarter, beating the consensus estimate of $2.50 by $0.17. The firm had revenue of $1.85 billion for 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 business’s revenue for the quarter was up 18.0% compared to the same quarter last year. During the same quarter in the previous year, the company 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. Analysts forecast that Autodesk, Inc. will post 5.76 EPS for the current 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.