Atria Investments Inc Has $11.36 Million Stock Holdings in Autodesk, Inc. $ADSK

Atria Investments Inc trimmed its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 7.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,362 shares of the software company’s stock after selling 2,966 shares during the period. Atria Investments Inc’s holdings in Autodesk were worth $11,356,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of ADSK. Vanguard Group Inc. increased its position in Autodesk by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 21,493,167 shares of the software company’s stock worth $6,362,192,000 after purchasing an additional 78,928 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Autodesk by 18.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,544,520 shares of the software company’s stock valued at $1,125,988,000 after buying an additional 564,136 shares in the last quarter. Amundi increased its holdings in Autodesk by 3.0% in the third quarter. Amundi now owns 2,726,105 shares of the software company’s stock worth $881,704,000 after buying an additional 79,171 shares during the last quarter. Northern Trust Corp raised its position in Autodesk by 0.4% during the third quarter. Northern Trust Corp now owns 2,517,683 shares of the software company’s stock valued at $799,792,000 after acquiring an additional 10,169 shares in the last quarter. Finally, Legal & General Group Plc raised its position in Autodesk by 4.1% during the third quarter. Legal & General Group Plc now owns 2,019,358 shares of the software company’s stock valued at $641,489,000 after acquiring an additional 80,246 shares in the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.

Autodesk Stock Performance

ADSK opened at $233.86 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 stock’s 50 day moving average price is $241.80 and its two-hundred day moving average price is $264.95. The firm has a market capitalization of $49.38 billion, a P/E ratio of 44.63, a price-to-earnings-growth ratio of 1.49 and a beta of 1.32. Autodesk, Inc. has a 12-month low of $214.10 and a 12-month high of $329.09.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings data on Thursday, February 26th. The software company reported $2.85 earnings per share for the quarter, beating the consensus estimate of $2.64 by $0.21. The company had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.91 billion. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.Autodesk’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same period in the prior year, the business earned $2.29 earnings per share. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. On average, equities analysts forecast that Autodesk, Inc. will post 9.35 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have commented on ADSK shares. Weiss Ratings reissued a “hold (c+)” rating on shares of Autodesk in a research report on Wednesday, January 21st. Robert W. Baird decreased their price objective on shares of Autodesk from $355.00 to $312.00 and set an “outperform” rating for the company in a report on Friday, April 17th. UBS Group lowered their target price on shares of Autodesk from $400.00 to $290.00 and set a “buy” rating on the stock in a research report on Monday, February 23rd. Morgan Stanley restated an “overweight” rating on shares of Autodesk in a report on Wednesday, March 18th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $383.00 price target (up from $373.00) on shares of Autodesk in a research report on Monday, March 2nd. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $333.07.

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.