Argent Trust Co Has $2.14 Million Stake in Autodesk, Inc. (NASDAQ:ADSK)

11 Apr 2025, 07:24 by Jessica Moore · The Cerbat Gem

Argent Trust Co boosted its holdings in Autodesk, Inc. (NASDAQ:ADSK – Free Report) by 1.3% in the fourth quarter, Holdings Channel reports. The firm owned 7,242 shares of the software company’s stock after purchasing an additional 90 shares during the quarter. Argent Trust Co’s holdings in Autodesk were worth $2,141,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ADSK. Mount Yale Investment Advisors LLC boosted its holdings in shares of Autodesk by 1.9% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 1,864 shares of the software company’s stock valued at $551,000 after buying an additional 35 shares during the last quarter. Y.D. More Investments Ltd grew its position in shares of Autodesk by 1.0% in the 4th quarter. Y.D. More Investments Ltd now owns 3,384 shares of the software company’s stock valued at $1,000,000 after acquiring an additional 35 shares during the period. Grove Bank & Trust lifted its stake in Autodesk by 9.2% in the 4th quarter. Grove Bank & Trust now owns 440 shares of the software company’s stock valued at $130,000 after purchasing an additional 37 shares during the last quarter. Journey Strategic Wealth LLC grew its holdings in Autodesk by 4.6% during the fourth quarter. Journey Strategic Wealth LLC now owns 835 shares of the software company’s stock worth $247,000 after purchasing an additional 37 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in Autodesk by 11.9% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 357 shares of the software company’s stock worth $106,000 after buying an additional 38 shares during the last quarter. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Autodesk news, CAO Stephen W. Hope sold 2,452 shares of the firm’s stock in a transaction on Friday, March 28th. The shares were sold at an average price of $267.29, for a total value of $655,395.08. Following the transaction, the chief accounting officer now directly owns 3,003 shares of the company’s stock, valued at approximately $802,671.87. This trade represents a 44.95 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John T. Cahill bought 2,000 shares of the stock in a transaction that occurred on Friday, March 21st. The stock was acquired at an average price of $267.10 per share, for a total transaction of $534,200.00. Following the acquisition, the director now directly owns 2,000 shares in the company, valued at $534,200. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.14% of the stock is owned by insiders.

Autodesk Trading Down 2.5 %

Shares of ADSK stock opened at $256.92 on Friday. The company has a market cap of $54.72 billion, a P/E ratio of 50.98, a PEG ratio of 2.94 and a beta of 1.49. Autodesk, Inc. has a fifty-two week low of $195.32 and a fifty-two week high of $326.62. The stock has a 50 day simple moving average of $273.41 and a two-hundred day simple moving average of $287.35. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.65 and a current ratio of 0.65.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ADSK. Bank of America boosted their target price on Autodesk from $325.00 to $335.00 and gave the stock a “neutral” rating in a report on Tuesday, February 4th. Macquarie reaffirmed an “outperform” rating and issued a $360.00 target price on shares of Autodesk in a research report on Friday, February 28th. Piper Sandler upgraded Autodesk from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $311.00 to $357.00 in a research note on Wednesday, January 8th. Oppenheimer lowered their price objective on Autodesk from $350.00 to $300.00 and set an “outperform” rating on the stock in a research report on Tuesday. Finally, Barclays boosted their target price on shares of Autodesk from $355.00 to $365.00 and gave the company an “overweight” rating in a research report on Friday, February 28th. Eight equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat.com, Autodesk has a consensus rating of “Moderate Buy” and a consensus price target of $329.64.

View Our Latest Stock Analysis on Autodesk

Autodesk Company Profile

(Free Report)

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.

Argent Trust Co Has $2.14 Million Stake in Autodesk, Inc. (NASDAQ:ADSK)

Insider Buying and Selling

Autodesk Trading Down 2.5 %

Analyst Upgrades and Downgrades

Autodesk Company Profile

Further Reading