Livforsakringsbolaget Skandia Omsesidigt Invests $3.15 Million in Autodesk, Inc. $ADSK

Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of Autodesk, Inc. (NASDAQ:ADSK) during the 2nd quarter, Holdings Channel.com reports. The firm bought 16,186 shares of the software company’s stock, valued at approximately $3,145,000.

Several other large investors have also recently added to or reduced their stakes in ADSK. CENTRAL TRUST Co lifted its stake in shares of Autodesk by 6.2% during the fourth quarter. CENTRAL TRUST Co now owns 759 shares of the software company’s stock worth $225,000 after purchasing an additional 44 shares in the last quarter. Smithfield Trust Co lifted its position in Autodesk by 5.3% during the 4th quarter. Smithfield Trust Co now owns 893 shares of the software company’s stock worth $266,000 after acquiring an additional 45 shares in the last quarter. Calydon Capital lifted its position in Autodesk by 1.7% during the 4th quarter. Calydon Capital now owns 2,726 shares of the software company’s stock worth $807,000 after acquiring an additional 45 shares in the last quarter. Archer Investment Corp boosted its stake in shares of 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 period. Finally, Sunbelt Securities Inc. increased its stake in Autodesk by 5.3% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,029 shares of the software company’s stock worth $327,000 after buying an additional 52 shares during the period. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Key Autodesk News

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.

Analyst Ratings Changes

A number of research analysts recently commented on ADSK shares. Piper Sandler reduced their price target on Autodesk from $369.00 to $338.00 and set an “overweight” rating for the company in a report on Friday. Robert W. Baird raised their price objective on shares of Autodesk from $312.00 to $325.00 and gave the stock an “outperform” rating in a report on Friday, August 21st. Jefferies Financial Group upgraded shares of Autodesk to a “strong-buy” rating in a research note on Tuesday, May 26th. Rothschild & Co Redburn reduced their price target on shares of Autodesk from $375.00 to $360.00 and set a “buy” rating on the stock in a research report on Monday, June 1st. Finally, The Goldman Sachs Group initiated coverage on Autodesk in a research note on Tuesday, August 11th. They issued a “neutral” rating and a $260.00 price target for the company. Two 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 stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $321.07.

Insider Buying and Selling

In other Autodesk news, EVP Janesh Moorjani bought 2,500 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were purchased at an average cost of $197.67 per share, for a total transaction of $494,175.00. Following the transaction, the executive vice president directly owned 50,993 shares in the company, valued at $10,079,786.31. The trade was a 5.16% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John T. Cahill bought 2,000 shares of the business’s stock in a transaction on 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 purchase, the director directly owned 4,000 shares in the company, valued at $756,800. This represents a 100.00% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 0.14% of the company’s stock.

Autodesk Trading Down 3.7%

NASDAQ:ADSK opened at $260.66 on Friday. The business has a 50 day simple moving average of $225.93 and a 200 day simple moving average of $232.29. The firm has a market capitalization of $55.00 billion, a P/E ratio of 33.72, a P/E/G ratio of 1.66 and a beta of 1.29. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.83 and a quick ratio of 0.83. Autodesk, Inc. has a 12-month low of $185.50 and a 12-month high of $329.09.

Autodesk (NASDAQ:ADSK) last issued its quarterly earnings data on Thursday, August 27th. The software company reported $3.30 earnings per share for the quarter, beating the consensus estimate of $3.12 by $0.18. Autodesk had a net margin of 21.08% and a return on equity of 60.27%. The firm had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $2.01 billion. During the same period last year, the firm posted $2.62 EPS. Autodesk’s quarterly revenue was up 16.1% compared to the same quarter last year. Autodesk has set its FY 2027 guidance at 12.520-12.600 EPS and its Q3 2027 guidance at 3.040-3.090 EPS. Equities research analysts predict that Autodesk, Inc. will post 9.7 EPS for the current year.

Autodesk 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.