Autodesk (NASDAQ:ADSK) Director Stacy Smith Purchases 3,435 Shares

Autodesk, Inc. (NASDAQ:ADSK) Director Stacy Smith purchased 3,435 shares of the company’s stock in a transaction on Friday, May 29th. The shares were purchased at an average price of $231.17 per share, with a total value of $794,068.95. Following the completion of the purchase, the director directly owned 26,517 shares of the company’s stock, valued at $6,129,934.89. The trade was a 14.88% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Autodesk Trading Down 4.0%

NASDAQ:ADSK traded down $9.64 on Friday, hitting $231.31. 7,641,749 shares of the stock were exchanged, compared to its average volume of 1,914,516. The stock has a market cap of $48.84 billion, a PE ratio of 33.72, a PEG ratio of 1.55 and a beta of 1.32. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.82. The stock has a fifty day moving average of $238.86 and a 200-day moving average of $260.61. Autodesk, Inc. has a fifty-two week low of $214.10 and a fifty-two week high of $329.09.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings results on Thursday, May 28th. The software company reported $2.99 EPS for the quarter, topping the consensus estimate of $2.84 by $0.15. The company had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.89 billion. Autodesk had a return on equity of 58.65% and a net margin of 19.49%.The firm’s revenue was up 18.4% on a year-over-year basis. During the same period in the prior year, the firm posted $2.29 earnings per share. Autodesk has set its FY 2027 guidance at 12.400-12.650 EPS and its Q2 2027 guidance at 3.100-3.140 EPS. As a group, equities analysts expect that Autodesk, Inc. will post 9.35 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently issued reports on ADSK. Wolfe Research increased their target price on Autodesk from $330.00 to $350.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. Robert W. Baird lowered their target price on Autodesk from $355.00 to $312.00 and set an “outperform” rating for the company in a research note on Friday, April 17th. BTIG Research reiterated a “buy” rating and issued a $300.00 target price on shares of Autodesk in a research note on Friday. Citigroup increased their target price on Autodesk from $246.00 to $252.00 and gave the company a “neutral” rating in a research note on Friday. Finally, Wells Fargo & Company lowered their target price on Autodesk from $350.00 to $330.00 and set an “overweight” rating for the company in a research note on Friday. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $327.75.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ADSK. Torren Management LLC purchased a new position in Autodesk in the fourth quarter valued at about $25,000. Measured Wealth Private Client Group LLC purchased a new position in Autodesk in the third quarter valued at about $25,000. Kemnay Advisory Services Inc. purchased a new position in Autodesk in the fourth quarter valued at about $25,000. Archer Investment Corp boosted its holdings in Autodesk by 112.2% in the fourth quarter. Archer Investment Corp now owns 87 shares of the software company’s stock valued at $26,000 after purchasing an additional 46 shares during the last quarter. Finally, Prosperity Bancshares Inc purchased a new position in Autodesk in the fourth quarter valued at about $27,000. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Key Autodesk News

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Autodesk beat first-quarter estimates, with revenue rising 18% year over year and EPS coming in above consensus, showing continued demand across construction, manufacturing, and AI-driven workflows.
• Positive Sentiment: The company raised fiscal 2027 guidance, which signals management confidence in continued growth and margin expansion.
• Positive Sentiment: DA Davidson reaffirmed its Buy rating and set a $325 price target, implying significant upside from current levels.
• Positive Sentiment: BTIG also reiterated a Buy rating, while Wells Fargo maintained an Overweight view and Piper Sandler kept an Overweight rating, suggesting Street confidence remains intact.
• Neutral Sentiment: Autodesk announced it will present at upcoming investor conferences, which may keep investor attention on the name but is not an immediate catalyst.
• Negative Sentiment: Shares are weaker because investors are worried the MaintainX acquisition could create execution risk, integration challenges, and pressure on margins and financing.
• Negative Sentiment: Some analysts trimmed price targets, including BMO Capital, Loop Capital, Wells Fargo, and Piper Sandler, reflecting a more cautious stance after the deal announcement.

Autodesk Company Profile

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.