Leonteq Securities AG Takes $758,000 Position in Autodesk, Inc. $ADSK

Leonteq Securities AG acquired a new stake in Autodesk, Inc. (NASDAQ:ADSKFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 2,561 shares of the software company’s stock, valued at approximately $758,000.

A number of other hedge funds also recently modified their holdings of the stock. ABN Amro Investment Solutions lifted its stake in shares of Autodesk by 5.1% during the 4th quarter. ABN Amro Investment Solutions now owns 37,767 shares of the software company’s stock worth $11,179,000 after buying an additional 1,847 shares during the last quarter. IFP Advisors Inc lifted its stake in shares of Autodesk by 8.7% during the 4th quarter. IFP Advisors Inc now owns 1,729 shares of the software company’s stock worth $512,000 after buying an additional 138 shares during the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of Autodesk during the 4th quarter worth about $42,738,000. PNC Financial Services Group Inc. lifted its stake in shares of Autodesk by 0.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 94,189 shares of the software company’s stock worth $27,881,000 after buying an additional 837 shares during the last quarter. Finally, Larson Financial Group LLC lifted its stake in shares of Autodesk by 6.7% during the 4th quarter. Larson Financial Group LLC now owns 2,360 shares of the software company’s stock worth $699,000 after buying an additional 148 shares during the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

Autodesk Price Performance

ADSK stock opened at $240.99 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. Autodesk, Inc. has a 12 month low of $214.10 and a 12 month high of $329.09. The firm has a market cap of $50.88 billion, a P/E ratio of 45.99, a P/E/G ratio of 1.55 and a beta of 1.32. The company’s 50-day moving average price is $239.79 and its two-hundred day moving average price is $262.57.

Autodesk (NASDAQ:ADSKGet Free Report) last released its earnings results on Thursday, February 26th. The software company reported $2.85 EPS for the quarter, beating 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 firm had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same period last year, the firm earned $2.29 EPS. The business’s quarterly revenue was up 19.4% compared to the same quarter last year. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. On average, analysts anticipate that Autodesk, Inc. will post 9.35 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on ADSK. JPMorgan Chase & Co. raised their target price on shares of Autodesk from $319.00 to $336.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Loop Capital cut their target price on shares of Autodesk from $320.00 to $250.00 and set a “hold” rating for the company in a research note on Thursday, February 19th. Barclays cut their target price on shares of Autodesk from $315.00 to $300.00 and set an “overweight” rating for the company in a research note on Wednesday, May 13th. Argus upgraded shares of Autodesk to a “strong-buy” rating in a research note on Friday, March 6th. Finally, BMO Capital Markets cut their target price on shares of Autodesk from $343.00 to $279.00 and set a “market perform” rating for the company in a research note on Monday, March 2nd. Two analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $332.21.

Check Out Our Latest Stock Analysis on Autodesk

Autodesk News Roundup

Here are the key news stories impacting Autodesk this week:

Autodesk Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding ADSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Autodesk, Inc. (NASDAQ:ADSKFree Report).

Institutional Ownership by Quarter for Autodesk (NASDAQ:ADSK)

Receive News & Ratings for Autodesk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autodesk and related companies with MarketBeat.com's FREE daily email newsletter.