Autodesk, Inc. $ADSK Shares Acquired by Quantitative Investment Management LLC

Quantitative Investment Management LLC boosted its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 115.2% during the second quarter, Holdings Channel.com reports. The fund owned 12,109 shares of the software company’s stock after acquiring an additional 6,482 shares during the period. Quantitative Investment Management LLC’s holdings in Autodesk were worth $2,354,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Torren Management LLC purchased a new stake in shares of Autodesk in the fourth quarter valued at about $25,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Autodesk during the 3rd quarter worth approximately $25,000. Kemnay Advisory Services Inc. acquired a new position in shares of Autodesk during the 4th quarter worth approximately $25,000. Prosperity Bancshares Inc acquired a new position in shares of Autodesk during the 4th quarter worth approximately $27,000. Finally, Ascentis Independent Advisors purchased a new stake in Autodesk in the 1st quarter valued at approximately $28,000. Institutional investors and hedge funds own 90.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. BNP Paribas Exane increased their target price on Autodesk from $295.00 to $300.00 and gave the company an “outperform” rating in a report on Friday. Guggenheim upped their price objective on Autodesk from $277.00 to $283.00 and gave the company a “buy” rating in a research report on Friday. KeyCorp reaffirmed an “overweight” rating on shares of Autodesk in a research note on Wednesday, August 19th. Morgan Stanley dropped their price objective on Autodesk from $350.00 to $315.00 and set an “overweight” rating for the company in a research report on Tuesday, May 26th. Finally, Robert W. Baird boosted their target price on shares of Autodesk from $312.00 to $325.00 and gave the company an “outperform” rating in a research note on Friday, August 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $321.07.

Key Headlines Impacting Autodesk

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Autodesk reported fiscal Q2 revenue of $2.05 billion, up 16% year over year, and adjusted EPS of $3.30, exceeding analyst expectations of $2.01 billion and $3.12, respectively. Growth was supported by strong renewals, cloud sales, construction activity and operating leverage. Autodesk fiscal 2027 second-quarter results
• Positive Sentiment: The company raised fiscal 2027 billings and revenue expectations, with full-year revenue guidance of approximately $8.6 billion to $8.7 billion. Management highlighted artificial intelligence, sales productivity and the MaintainX acquisition as longer-term growth drivers. Autodesk raises fiscal 2027 billings outlook
• Positive Sentiment: Several analysts remain constructive. BTIG reaffirmed a Buy rating with a $300 target, Bank of America maintained its Buy rating and $300 target, while BNP Paribas Exane raised its target to $300. Analysts cited subscription momentum and expectations that margins can improve despite MaintainX-related costs. Analyst rating coverage
• Neutral Sentiment: Autodesk is expanding its AI strategy and operations-management offerings through MaintainX. While these initiatives could broaden the company’s addressable market, investors are assessing execution risks and the timing of financial benefits.
• Negative Sentiment: Fiscal Q3 adjusted EPS guidance of $3.04 to $3.09 was below Wall Street expectations. The outlook for operating margins and costs was also viewed as cautious, raising concerns that acquisition expenses and AI investment could pressure near-term profitability. Autodesk quarterly profit forecast
• Negative Sentiment: The mixed outlook prompted profit-taking after the earnings beat. Although full-year revenue and EPS guidance exceeded some consensus measures, investors appeared more focused on the weaker quarterly profit outlook and margin trajectory.

Insider Transactions at Autodesk

In related news, Director John T. Cahill acquired 2,000 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The shares were acquired at an average cost of $189.20 per share, for a total transaction of $378,400.00. Following the acquisition, the director directly owned 4,000 shares in the company, valued at approximately $756,800. The trade was a 100.00% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Janesh Moorjani bought 2,500 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was bought at an average cost of $197.67 per share, for a total transaction of $494,175.00. Following the completion of the transaction, the executive vice president directly owned 50,993 shares of the company’s stock, valued at approximately $10,079,786.31. The trade was a 5.16% increase in their position. The SEC filing for this purchase provides additional information. 0.14% of the stock is currently owned by company insiders.

Autodesk Stock Performance

Shares of Autodesk stock opened at $260.66 on Monday. Autodesk, Inc. has a fifty-two week low of $185.50 and a fifty-two week high of $329.09. The firm has a market cap of $55.00 billion, a PE ratio of 33.72, a P/E/G ratio of 1.60 and a beta of 1.29. The business’s fifty day moving average is $225.93 and its two-hundred day moving average is $232.22. The company has a quick ratio of 0.83, a current ratio of 0.86 and a debt-to-equity ratio of 0.59.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings data on Thursday, August 27th. The software company reported $3.30 EPS for the quarter, beating analysts’ consensus estimates of $3.12 by $0.18. The business had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $2.01 billion. Autodesk had a return on equity of 58.63% and a net margin of 21.08%.The business’s revenue for the quarter was up 16.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.62 earnings per share. Autodesk has set its FY 2027 guidance at 12.520-12.600 EPS and its Q3 2027 guidance at 3.040-3.090 EPS. Analysts anticipate that Autodesk, Inc. will post 9.7 earnings per share for the current year.

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.