Andra AP fonden cut its position in shares of Autodesk, Inc. (NASDAQ:ADSK – Free Report) by 14.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 109,749 shares of the software company’s stock after selling 18,200 shares during the period. Andra AP fonden owned approximately 0.05% of Autodesk worth $34,864,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. raised its position in Autodesk by 12.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 153,180 shares of the software company’s stock valued at $48,661,000 after purchasing an additional 17,358 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S lifted its holdings in shares of Autodesk by 18.7% during the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 130,669 shares of the software company’s stock valued at $41,510,000 after purchasing an additional 20,543 shares during the last quarter. Pacific Heights Asset Management LLC grew its stake in shares of Autodesk by 26.9% during the third quarter. Pacific Heights Asset Management LLC now owns 85,000 shares of the software company’s stock worth $27,002,000 after acquiring an additional 18,000 shares during the last quarter. Freemont Management S.A. purchased a new position in shares of Autodesk in the third quarter worth $4,765,000. Finally, Renaissance Group LLC acquired a new stake in Autodesk during the 3rd quarter worth about $33,789,000. 90.24% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of research firms recently issued reports on ADSK. JPMorgan Chase & Co. upgraded shares of 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. Macquarie Infrastructure increased their target price on Autodesk from $380.00 to $400.00 and gave the company an “outperform” rating in a report on Wednesday, November 26th. Oppenheimer cut their price objective on shares of Autodesk from $375.00 to $325.00 and set an “outperform” rating for the company in a report on Tuesday. Arete Research upped their price objective on shares of Autodesk from $430.00 to $460.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Finally, KeyCorp reaffirmed an “overweight” rating on shares of Autodesk in a research note on Tuesday, December 16th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Autodesk presently has a consensus rating of “Moderate Buy” and a consensus price target of $347.89.
Autodesk Stock Up 3.8%
ADSK stock opened at $233.45 on Friday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.86. Autodesk, Inc. has a twelve month low of $215.01 and a twelve month high of $329.09. The stock has a market cap of $49.49 billion, a P/E ratio of 45.24, a PEG ratio of 1.57 and a beta of 1.45. The company’s 50 day moving average is $262.12 and its two-hundred day moving average is $290.14.
Autodesk (NASDAQ:ADSK – Get Free Report) last posted its earnings results on Thursday, February 26th. The software company reported $2.85 EPS for the quarter, topping analysts’ consensus estimates of $2.63 by $0.22. The business had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $1.91 billion. Autodesk had a return on equity of 52.06% and a net margin of 16.09%.The business’s revenue was up 19.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.29 earnings per share. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. Research analysts expect that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.
Autodesk News Roundup
Here are the key news stories impacting Autodesk this week:
- Positive Sentiment: Autodesk beat Q4 estimates: non‑GAAP EPS $2.85 vs. $2.63 consensus and revenue $1.96B (up 19.4% YoY), showing robust demand and margin expansion. Read More.
- Positive Sentiment: Company raised outlook sharply — Q1 EPS guide of $2.820–2.860 (well above street) and FY 2027 EPS guide $12.290–12.560 (vs. lower analyst consensus), with revenue guidance above expectations; this forward visibility likely drove optimism. Read More.
- Positive Sentiment: Strategic product/AI development: Autodesk’s partnership to apply its Fusion AI-enabled platform to prosthetics (BioDapt) highlights real‑world AI use cases and the Manufacturing Cloud’s addressable market. Read More.
- Neutral Sentiment: Analyst and media coverage compares ADSK to peers and reviews value propositions (APPS vs. ADSK), useful for relative valuation but not an immediate catalyst. Read More.
- Neutral Sentiment: Company provided investor materials (press release, slide deck, conference call) for the quarter — important for detail but incremental to the headline beat. Read More.
- Negative Sentiment: Short interest rose materially earlier in February (reported ~6.4M shares as of Feb. 13, ~3% of float, days‑to‑cover ~2.3), which can increase volatility and downside pressure if negative sentiment accelerates. (short‑interest reports)
- Negative Sentiment: Some analysts trimmed price targets after the quarter (examples: Rosenblatt and Stifel cuts), reflecting mixed views on valuation despite the beat. Read More. Read More.
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.
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