Autodesk, Inc. $ADSK Shares Bought by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. grew its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 188.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,240 shares of the software company’s stock after purchasing an additional 7,342 shares during the period. Jefferies Financial Group Inc.’s holdings in Autodesk were worth $3,327,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of Autodesk by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 21,493,167 shares of the software company’s stock valued at $6,362,192,000 after purchasing an additional 78,928 shares during the last quarter. Amundi lifted its stake in shares of Autodesk by 3.0% in the 3rd quarter. Amundi now owns 2,726,105 shares of the software company’s stock valued at $881,704,000 after purchasing an additional 79,171 shares during the last quarter. Northern Trust Corp lifted its stake in shares of Autodesk by 0.4% in the 3rd quarter. Northern Trust Corp now owns 2,517,683 shares of the software company’s stock valued at $799,792,000 after purchasing an additional 10,169 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Autodesk by 44,345.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,280,515 shares of the software company’s stock valued at $675,055,000 after purchasing an additional 2,275,384 shares during the last quarter. Finally, Legal & General Group Plc lifted its stake in shares of Autodesk by 4.1% in the 3rd quarter. Legal & General Group Plc now owns 2,019,358 shares of the software company’s stock valued at $641,489,000 after purchasing an additional 80,246 shares during the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

Autodesk Price Performance

ADSK opened at $238.23 on Wednesday. The stock’s 50-day moving average price is $239.35 and its 200 day moving average price is $261.42. Autodesk, Inc. has a 12-month low of $214.10 and a 12-month high of $329.09. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.82. The firm has a market cap of $50.30 billion, a price-to-earnings ratio of 45.46, a PEG ratio of 1.55 and a beta of 1.32.

Autodesk (NASDAQ:ADSK) last posted its earnings results on Thursday, February 26th. The software company reported $2.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.64 by $0.21. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.The firm 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 company earned $2.29 EPS. Autodesk’s 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, sell-side analysts expect that Autodesk, Inc. will post 9.35 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have recently commented on ADSK shares. Arete Research decreased their price target on Autodesk from $460.00 to $456.00 and set a “buy” rating on the stock in a research note on Thursday, March 26th. Wolfe Research upped their price target on Autodesk from $330.00 to $350.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. Piper Sandler reaffirmed an “overweight” rating and issued a $383.00 price target (up from $373.00) on shares of Autodesk in a research note on Monday, March 2nd. Morgan Stanley decreased their price target on Autodesk from $350.00 to $315.00 and set an “overweight” rating on the stock in a research note on Tuesday. Finally, Argus raised Autodesk to a “strong-buy” rating in a research note on Friday, March 6th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Autodesk presently has an average rating of “Moderate Buy” and an average price target of $330.96.

About Autodesk

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.