Autodesk, Inc. $ADSK Shares Acquired by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. grew its stake in Autodesk, Inc. (NASDAQ:ADSK) by 2.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 82,793 shares of the software company’s stock after buying an additional 2,193 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Autodesk were worth $24,508,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in ADSK. Brighton Jones LLC raised its stake in Autodesk by 14.5% in the 4th quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock worth $343,000 after acquiring an additional 147 shares during the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Autodesk by 98.1% in the second quarter. Sivia Capital Partners LLC now owns 2,472 shares of the software company’s stock valued at $765,000 after purchasing an additional 1,224 shares during the period. Schnieders Capital Management LLC. acquired a new position in shares of Autodesk in the second quarter valued at about $466,000. American Century Companies Inc. raised its stake in shares of Autodesk by 100.2% in the second quarter. American Century Companies Inc. now owns 53,147 shares of the software company’s stock worth $16,453,000 after purchasing an additional 26,595 shares during the last quarter. Finally, Level Four Advisory Services LLC purchased a new position in shares of Autodesk in the second quarter worth about $220,000. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on ADSK shares. Wolfe Research upped their target price on Autodesk from $330.00 to $350.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. Citigroup raised their price target on shares of Autodesk from $315.00 to $331.00 and gave the stock a “buy” rating in a research report on Tuesday, March 3rd. BTIG Research dropped their price objective on shares of Autodesk from $365.00 to $300.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Autodesk in a research note on Wednesday, January 21st. Finally, Arete Research reduced their target price on shares of Autodesk from $460.00 to $456.00 and set a “buy” rating for the company in a report on Thursday, March 26th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $342.81.

Autodesk Stock Up 1.6%

Shares of ADSK stock opened at $239.40 on Wednesday. Autodesk, Inc. has a twelve month low of $215.01 and a twelve month high of $329.09. The stock has a market cap of $50.51 billion, a P/E ratio of 45.69, a P/E/G ratio of 1.56 and a beta of 1.45. The stock has a 50 day moving average of $245.14 and a 200 day moving average of $281.32. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.82.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings data on Thursday, February 26th. The software company reported $2.85 EPS for the quarter, topping the consensus estimate of $2.64 by $0.21. The business had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.91 billion. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.The business’s quarterly revenue was up 19.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.29 EPS. 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 5.76 EPS for the current year.

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.