GW Henssler & Associates Ltd. Takes Position in Autodesk, Inc. $ADSK

Key Points

• GW Henssler & Associates Ltd. has acquired 36,082 shares of Autodesk, Inc., valued at approximately $11,170,000, in the second quarter.
• Insider selling includes EVP Steven M. Blum, who sold 22,420 shares, reducing his ownership by 63.12% and totaling a transaction value of $7,258,475.
• Autodesk reported a net margin of 15.75% and revenue of $1.76 billion for the latest quarter, showing a year-over-year revenue increase of 17.1% despite missing earnings expectations.

GW Henssler & Associates Ltd. purchased a new stake in shares of Autodesk, Inc. (NASDAQ:ADSK - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 36,082 shares of the software company's stock, valued at approximately $11,170,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. SouthState Corp raised its stake in Autodesk by 500.0% in the first quarter. SouthState Corp now owns 96 shares of the software company's stock worth $25,000 after buying an additional 80 shares in the last quarter. Costello Asset Management INC bought a new position in Autodesk in the first quarter worth approximately $26,000. Close Asset Management Ltd bought a new position in Autodesk in the first quarter worth approximately $27,000. Cheviot Value Management LLC bought a new position in Autodesk in the first quarter worth approximately $27,000. Finally, Flaharty Asset Management LLC bought a new position in Autodesk in the first quarter worth approximately $27,000. Institutional investors own 90.24% of the company's stock.

Insider Activity at Autodesk

In other Autodesk news, EVP Steven M. Blum sold 22,420 shares of the firm's stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $323.75, for a total transaction of $7,258,475.00. Following the completion of the transaction, the executive vice president directly owned 13,099 shares of the company's stock, valued at approximately $4,240,801.25. This trade represents a 63.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Ayanna Howard sold 917 shares of the firm's stock in a transaction that occurred 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold 35,386 shares of company stock valued at $11,433,201 over the last three months. 0.15% of the stock is owned by corporate insiders.

Autodesk Price Performance

Shares of ADSK opened at $303.50 on Friday. The firm has a market capitalization of $64.65 billion, a PE ratio of 62.84, a price-to-earnings-growth ratio of 2.69 and a beta of 1.49. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.76 and a quick ratio of 0.76. Autodesk, Inc. has a 1-year low of $232.67 and a 1-year high of $329.09. The company's fifty day moving average price is $308.24 and its 200-day moving average price is $294.35.

Autodesk (NASDAQ:ADSK - Get Free Report) last announced its quarterly earnings data on Thursday, August 28th. The software company reported $1.46 earnings per share for the quarter, missing analysts' consensus estimates of $2.45 by ($0.99). The company had revenue of $1.76 billion for the quarter, compared to analysts' expectations of $1.72 billion. Autodesk had a net margin of 15.75% and a return on equity of 51.23%. Autodesk's quarterly revenue was up 17.1% compared to the same quarter last year. During the same period last year, the firm earned $2.15 earnings per share. Autodesk has set its FY 2026 guidance at 9.800-9.980 EPS. Q3 2026 guidance at 2.480-2.510 EPS. On average, equities research analysts predict that Autodesk, Inc. will post 5.76 EPS for the current year.

Analyst Upgrades and Downgrades

ADSK has been the subject of a number of recent research reports. Loop Capital initiated coverage on shares of Autodesk in a research note on Monday, July 21st. They issued a "hold" rating and a $320.00 price objective for the company. HSBC set a $343.00 price objective on shares of Autodesk and gave the stock a "buy" rating in a research note on Wednesday, October 1st. Citigroup lifted their price target on shares of Autodesk from $376.00 to $393.00 and gave the stock a "buy" rating in a report on Tuesday, September 2nd. Mizuho lifted their price target on shares of Autodesk from $350.00 to $375.00 and gave the stock an "outperform" rating in a report on Friday, August 29th. Finally, Hsbc Global Res raised shares of Autodesk from a "hold" rating to a "strong-buy" rating in a report on Wednesday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $359.13.

Autodesk Profile

Autodesk, Inc provides 3D design, engineering, and entertainment technology solutions worldwide. The company offers AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; BuildingConnected, a SaaS preconstruction solution; AutoCAD, a software for professional design, drafting, detailing, and visualization; AutoCAD LT, a drafting and detailing software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and computer-aided engineering tool; and Industry Collections tools for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment collection industries.

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