Napean Trading & Investment Co Singapore PTE Ltd raised its stake in Autodesk, Inc. (NASDAQ:ADSK – Free Report) by 22.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 16,786 shares of the software company’s stock after buying an additional 3,115 shares during the period. Napean Trading & Investment Co Singapore PTE Ltd’s holdings in Autodesk were worth $5,332,000 as of its most recent SEC filing.
A number of other hedge funds also recently made changes to their positions in ADSK. Proffitt & Goodson Inc. bought a new stake in Autodesk in the third quarter worth approximately $27,000. Access Investment Management LLC bought a new position in shares of Autodesk during the 2nd quarter worth approximately $28,000. Heartwood Wealth Advisors LLC acquired a new stake in shares of Autodesk during the 3rd quarter worth approximately $28,000. Tripletail Wealth Management LLC bought a new stake in shares of Autodesk in the 3rd quarter valued at $29,000. Finally, Financial Consulate Inc. acquired a new position in shares of Autodesk during the 3rd quarter valued at $32,000. 90.24% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on ADSK shares. BMO Capital Markets lifted their price target on shares of Autodesk from $333.00 to $343.00 and gave the company a “market perform” rating in a research note on Wednesday, November 26th. JPMorgan Chase & Co. raised Autodesk from a “neutral” rating to an “overweight” rating and set a $319.00 target price for the company in a research report on Monday, February 2nd. BTIG Research started coverage on Autodesk in a report on Tuesday, December 16th. They issued a “buy” rating and a $365.00 price target on the stock. The Goldman Sachs Group raised their price objective on Autodesk from $320.00 to $330.00 and gave the company a “neutral” rating in a research note on Wednesday, November 26th. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Autodesk in a research report on Tuesday, January 13th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $350.57.
Autodesk Trading Down 3.7%
Shares of ADSK stock opened at $218.64 on Tuesday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.82 and a current ratio of 0.82. The company has a market capitalization of $46.35 billion, a price-to-earnings ratio of 42.37, a PEG ratio of 1.59 and a beta of 1.45. Autodesk, Inc. has a 52-week low of $216.01 and a 52-week high of $329.09. The company has a 50-day simple moving average of $266.26 and a two-hundred day simple moving average of $291.49.
Autodesk (NASDAQ:ADSK – Get Free Report) last posted its quarterly earnings data on Tuesday, November 25th. The software company reported $2.67 earnings per share for the quarter, topping the consensus estimate of $2.50 by $0.17. Autodesk had a return on equity of 52.06% and a net margin of 16.09%.The business had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the previous year, the firm earned $2.17 earnings per share. The business’s revenue was up 18.0% on a year-over-year basis. Research analysts anticipate that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.
Trending Headlines about Autodesk
Here are the key news stories impacting Autodesk this week:
- Positive Sentiment: Autodesk led a $1B financing for World Labs and directly invested $200 million, highlighting a strategic push into advanced AI research that could support long-term product differentiation and address AI-related market concerns. Autodesk (ADSK) Invests $200 Million in World Labs
- Positive Sentiment: Morgan Stanley reiterated a bullish stance (Buy/Overweight) citing strong demand, margin expansion potential and limited AI-disruption risk, which supports a longer-term constructive view on revenue and profitability. Autodesk: Buy Rating Backed by Strong Demand Outlook, Margin Expansion, and Limited AI Disruption Risk
- Neutral Sentiment: Pre-earnings coverage is digging into key Q4 metrics and estimates beyond headline revenue/EPS, which could increase volatility around the upcoming results and guide investor focus to subscription metrics and margin trajectories. Gear Up for Autodesk (ADSK) Q4 Earnings: Wall Street Estimates for Key Metrics
- Negative Sentiment: Analysts are trimming price targets: Stifel lowered its PT to $285 (still a Buy) and Morgan Stanley cut its PT to $350 (keeps Overweight). PT cuts, even with maintained ratings, signal moderated upside expectations and can weigh on near-term sentiment. Stifel adjusts price target on Autodesk to $285
- Negative Sentiment: Loop Capital cut its price target to $250, adding to the downward pressure from lowered analyst targets and reinforcing a more cautious near-term view. Loop Capital Cuts Autodesk Price Target to $250
- Negative Sentiment: Broader sector dynamics: Canva’s recent acquisitive moves and market commentary highlight that public software stocks are being punished amid AI concerns — a sector-wide force likely contributing to Autodesk’s weakness today. As Wall Street punishes software stocks over AI concerns, Canva gets more acquisitive
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.
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