Assetmark Adds $1M in Autodesk, Inc. ($ADSK)
Assetmark added 7,230 shares of Autodesk, growing its position by 13.3% to 61,471 shares.
Key Points
- Assetmark increased its Autodesk holdings by 13.3%, adding 7,230 shares to reach 61,471 shares valued at $12.7 million.
- Autodesk shares traded near $206.60, with a market cap of $41.9 billion and a P/E ratio of 29.0.
- Insider buying at Autodesk included CEO Andrew Anagnost purchasing 52,762 shares, and analysts maintained a strong buy consensus.
Assetmark has increased its stake in Autodesk, Inc. (NasdaqGS:ADSK) by 13.3%, adding 7,230 shares to its portfolio. This brings its total holdings to 61,471 shares, valued at approximately $12.7 million, as reported in its latest 13F filing with the SEC as of May 6, 2026.
What Changed in Assetmark's Autodesk Position
Assetmark's recent move saw its Autodesk holdings grow from 54,241 to 61,471 shares, an increase of 7,230 shares or 13.3%. This adjustment reflects a significant investment in the software company, with the total stake now valued at about $12.7 million.
Other Institutional Activity in Autodesk
In the same period, several other institutional investors adjusted their positions in Autodesk. BlackRock, Inc. reduced its holdings by 57,142 shares to a total of 21,930,594 shares, valued at around $5.25 billion. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both increased their positions, adding 13,780,084 and 8,687,613 shares respectively, with holdings valued at roughly $3.3 billion and $2.08 billion. Geode Capital Management, LLC also boosted its stake by 143,897 shares, bringing its total to 5,825,938 shares worth approximately $1.39 billion.
Autodesk Stock Snapshot
Shares of Autodesk traded near $206.60. The company boasts a market cap of $41.9 billion and a P/E ratio of 29.0. Autodesk's stock has ranged from a 52-week low of $194.47 to a high of $329.09. The stock's 50-day moving average stands at $235.81, while the 200-day moving average is $271.88. The company has a beta of 1.295, indicating moderate volatility compared to the market.
Recent Earnings
Autodesk reported revenue of approximately $7.51 billion, with a growth rate of 18.4%. The company's net margin was 19.5%, and it achieved a return on equity of 50.4%. The next earnings report is expected on May 28, 2026.
Insider Buying and Selling at Autodesk, Inc.
Recent insider activity at Autodesk includes significant buying by key executives. On April 10, 2026, several top executives, including CEO Andrew Anagnost, purchased shares. Anagnost acquired 52,762 shares, while other executives like EVP Rebecca Pearce and CFO Janesh Moorjani also made purchases.
Analysts Set New Price Targets
Analysts have maintained a positive outlook on Autodesk. On June 1, 2026, Citigroup maintained a hold rating with a $252 price target. Rosenblatt continued its buy rating, setting a target of $330. Other firms like DA Davidson and RBC Capital also maintained buy ratings with targets of $325 and $305, respectively. Overall, the consensus among 32 analysts is a strong buy, with a mean target price of $319.27.
About Autodesk, Inc.
Autodesk, Inc., headquartered in San Francisco, California, is a technology company specializing in 3D design, engineering, and entertainment software. Known for products like AutoCAD and Revit, Autodesk serves industries ranging from architecture to media. Under the leadership of CEO Dr. Andrew Anagnost, the company employs around 14,300 people globally.
Bottom Line
Assetmark's increased investment in Autodesk underscores a positive sentiment towards the company's future prospects. While 13F filings provide a snapshot of past holdings, they offer valuable insights into institutional investor behavior. With a strong analyst consensus and recent insider buying, Autodesk remains a company to watch in the tech sector.
See Also
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