Krilogy Financial LLC Has $370,000 Stock Position in Autodesk, Inc. $ADSK

Krilogy Financial LLC lessened its stake in Autodesk, Inc. (NASDAQ:ADSK) by 80.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,523 shares of the software company’s stock after selling 6,134 shares during the quarter. Krilogy Financial LLC’s holdings in Autodesk were worth $370,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of ADSK. Anchyra Partners LLC grew its stake in Autodesk by 27.9% during the first quarter. Anchyra Partners LLC now owns 1,988 shares of the software company’s stock worth $476,000 after buying an additional 434 shares in the last quarter. PKO Investment Management Joint Stock Co raised its position in shares of Autodesk by 16.7% in the 1st quarter. PKO Investment Management Joint Stock Co now owns 7,000 shares of the software company’s stock valued at $1,676,000 after buying an additional 1,000 shares in the last quarter. SG Americas Securities LLC raised its position in shares of Autodesk by 158.4% in the 1st quarter. SG Americas Securities LLC now owns 272,548 shares of the software company’s stock valued at $65,248,000 after buying an additional 167,064 shares in the last quarter. Sky Investment Group LLC lifted its holdings in shares of Autodesk by 5.7% during the 1st quarter. Sky Investment Group LLC now owns 8,456 shares of the software company’s stock worth $2,024,000 after acquiring an additional 458 shares during the period. Finally, Triad Wealth Partners LLC boosted its position in shares of Autodesk by 8.0% during the 1st quarter. Triad Wealth Partners LLC now owns 4,483 shares of the software company’s stock worth $1,073,000 after acquiring an additional 333 shares in the last quarter. Institutional investors own 90.24% of the company’s stock.

Autodesk Price Performance

Shares of ADSK opened at $196.26 on Monday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.78. The stock has a market cap of $41.41 billion, a PE ratio of 28.61, a PEG ratio of 1.21 and a beta of 1.30. Autodesk, Inc. has a 12-month low of $185.50 and a 12-month high of $329.09. The business has a 50-day simple moving average of $227.71 and a two-hundred day simple moving average of $247.52.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings results on Thursday, May 28th. The software company reported $2.99 earnings per share for the quarter, topping the consensus estimate of $2.84 by $0.15. Autodesk had a return on equity of 57.14% and a net margin of 19.49%.The company had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.89 billion. During the same period in the previous year, the business posted $2.29 earnings per share. The business’s quarterly revenue was up 18.4% compared to the same quarter last year. Autodesk has set its FY 2027 guidance at 12.400-12.650 EPS and its Q2 2027 guidance at 3.100-3.140 EPS. Analysts anticipate that Autodesk, Inc. will post 9.64 earnings per share for the current fiscal year.

Insider Activity at Autodesk

In related news, Director John T. Cahill bought 2,000 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The stock was acquired at an average cost of $189.20 per share, with a total value of $378,400.00. Following the transaction, the director directly owned 4,000 shares in the company, valued at approximately $756,800. This trade represents a 100.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Stacy J. Smith acquired 3,435 shares of the stock in a transaction dated Friday, May 29th. The shares were bought at an average price of $231.17 per share, with a total value of $794,068.95. Following the completion of the transaction, the director directly owned 26,517 shares of the company’s stock, valued at $6,129,934.89. The trade was a 14.88% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders purchased 7,935 shares of company stock worth $1,666,644 over the last three months. Company insiders own 0.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on ADSK shares. Piper Sandler decreased their price objective on shares of Autodesk from $383.00 to $369.00 and set an “overweight” rating on the stock in a research note on Friday, May 29th. 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. BNP Paribas Exane assumed coverage on Autodesk in a report on Thursday, June 18th. They set an “outperform” rating and a $295.00 price target for the company. Wells Fargo & Company dropped their price objective on Autodesk from $350.00 to $330.00 and set an “overweight” rating for the company in a research report on Friday, May 29th. Finally, BMO Capital Markets decreased their target price on Autodesk from $279.00 to $262.00 and set a “market perform” rating on the stock in a research report on Friday, May 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $326.10.

Autodesk Profile

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.