Autodesk, Inc. $ADSK Shares Sold by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA reduced its stake in shares of Autodesk, Inc. (NASDAQ:ADSK – Free Report) by 30.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,264 shares of the software company’s stock after selling 13,205 shares during the quarter. Union Bancaire Privee UBP SA’s holdings in Autodesk were worth $8,958,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of ADSK. Measured Wealth Private Client Group LLC bought a new stake in shares of Autodesk during the 3rd quarter worth about $25,000. Proffitt & Goodson Inc. bought a new position in shares of Autodesk in the third quarter valued at approximately $27,000. Heartwood Wealth Advisors LLC acquired a new position in shares of Autodesk during the third quarter valued at approximately $28,000. Tripletail Wealth Management LLC acquired a new position in shares of Autodesk during the third quarter valued at approximately $29,000. Finally, Financial Consulate Inc. bought a new stake in Autodesk during the third quarter worth approximately $32,000. Institutional investors and hedge funds own 90.24% of the company’s stock.

Autodesk Stock Performance

ADSK opened at $247.65 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. The firm has a market cap of $52.25 billion, a PE ratio of 47.26, a P/E/G ratio of 1.65 and a beta of 1.45. The business has a fifty day simple moving average of $249.50 and a 200-day simple moving average of $286.46. Autodesk, Inc. has a fifty-two week low of $215.01 and a fifty-two week high of $329.09.

Autodesk (NASDAQ:ADSK – Get Free Report) last announced its earnings results on Thursday, February 26th. The software company reported $2.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.64 by $0.21. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.The company had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same period in the previous year, the firm earned $2.29 earnings per share. Autodesk’s revenue for the quarter 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. As a group, equities analysts predict that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ADSK has been the subject of a number of research reports. Barclays increased their price target on Autodesk from $300.00 to $315.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. JPMorgan Chase & Co. boosted their price objective on Autodesk from $319.00 to $336.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Arete Research upped their price objective on Autodesk from $430.00 to $460.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Argus raised Autodesk to a “strong-buy” rating in a research note on Friday, March 6th. Finally, Stifel Nicolaus dropped their price target on shares of Autodesk from $375.00 to $285.00 and set a “buy” rating on the stock in a research report on Monday, February 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $342.96.

View Our Latest Analysis on ADSK

About Autodesk

(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.

Featured Articles

• Five stocks we like better than Autodesk

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:ADSK – Free Report).