Pacer Advisors Inc. Purchases 9,228 Shares of Autodesk, Inc. $ADSK

Pacer Advisors Inc. grew its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 8.8% during the third quarter, according to its most recent filing with the SEC. The firm owned 114,292 shares of the software company’s stock after acquiring an additional 9,228 shares during the period. Pacer Advisors Inc. owned about 0.05% of Autodesk worth $36,307,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank bought a new position in Autodesk in the second quarter worth $777,202,000. Geode Capital Management LLC grew its position in shares of Autodesk by 15.1% in the 2nd quarter. Geode Capital Management LLC now owns 5,606,264 shares of the software company’s stock worth $1,730,415,000 after buying an additional 734,449 shares during the period. Vontobel Holding Ltd. increased its stake in shares of Autodesk by 254.2% in the 3rd quarter. Vontobel Holding Ltd. now owns 676,701 shares of the software company’s stock worth $214,968,000 after acquiring an additional 485,661 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of Autodesk by 336.7% in the 1st quarter. AQR Capital Management LLC now owns 572,701 shares of the software company’s stock worth $147,339,000 after acquiring an additional 441,571 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ lifted its position in Autodesk by 210.9% during the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 639,645 shares of the software company’s stock valued at $198,031,000 after acquiring an additional 433,908 shares during the period. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on ADSK. Royal Bank Of Canada restated an “outperform” rating and issued a $380.00 price objective on shares of Autodesk in a report on Monday, October 6th. Hsbc Global Res raised Autodesk from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 1st. DA Davidson reaffirmed a “buy” rating and set a $375.00 price objective on shares of Autodesk in a research report on Friday, August 29th. Morgan Stanley lifted their price objective on Autodesk from $370.00 to $385.00 and gave the company an “overweight” rating in a research note on Sunday, August 31st. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Autodesk in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Autodesk has a consensus rating of “Moderate Buy” and an average target price of $369.59.

Autodesk Price Performance

NASDAQ ADSK opened at $300.71 on Friday. Autodesk, Inc. has a one year low of $232.67 and a one year high of $329.09. The stock has a 50-day moving average of $300.48 and a 200 day moving average of $303.43. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.82 and a current ratio of 0.82. The company has a market capitalization of $63.75 billion, a price-to-earnings ratio of 58.28, a PEG ratio of 2.42 and a beta of 1.47.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings results on Tuesday, November 25th. The software company reported $2.67 EPS for the quarter, topping analysts’ consensus estimates of $2.50 by $0.17. The firm had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.81 billion. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. The business’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same period in the previous year, the business posted $2.17 earnings per share. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS and its Q4 2026 guidance at 2.590-2.67 EPS. On average, sell-side analysts forecast that Autodesk, Inc. will post 5.76 EPS for the current year.

Insiders Place Their Bets

In other news, Director Ayanna Howard sold 917 shares of the stock in a transaction on Monday, September 29th. The stock was sold at an average price of $325.00, for a total transaction of $298,025.00. Following the transaction, the director directly owned 3,476 shares of the company’s stock, valued at $1,129,700. This represents a 20.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.15% of the company’s stock.

Autodesk Company 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.