Pitcairn Co. Sells 3,055 Shares of Autodesk, Inc. $ADSK

Pitcairn Co. reduced its stake in shares of Autodesk, Inc. (NASDAQ:ADSK) by 25.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 9,173 shares of the software company’s stock after selling 3,055 shares during the quarter. Pitcairn Co.’s holdings in Autodesk were worth $2,914,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. increased its stake in Autodesk by 12.8% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 153,180 shares of the software company’s stock valued at $48,661,000 after acquiring an additional 17,358 shares during the period. BI Asset Management Fondsmaeglerselskab A S grew 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 worth $41,510,000 after purchasing an additional 20,543 shares in the last quarter. Pacific Heights Asset Management LLC grew its holdings in shares of Autodesk by 26.9% during the 3rd quarter. Pacific Heights Asset Management LLC now owns 85,000 shares of the software company’s stock worth $27,002,000 after purchasing an additional 18,000 shares in the last quarter. Freemont Management S.A. bought a new stake in shares of Autodesk during the third quarter valued at approximately $4,765,000. Finally, Renaissance Group LLC acquired a new position in shares of Autodesk in the third quarter valued at $33,789,000. 90.24% of the stock is owned by institutional investors.

Key Autodesk News

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Citigroup raised its price target for ADSK to $331, boosting analyst-driven upside expectations. Citigroup Increases Autodesk Price Target to $331.00
• Positive Sentiment: Piper Sandler assigned an Overweight rating to Autodesk, providing institutional validation that can support further buying. Autodesk (NASDAQ:ADSK) Earns Overweight Rating from Piper Sandler
• Positive Sentiment: Zacks highlights a consensus price-target-derived upside (~32%), and separately profiles ADSK as a top long-term growth stock — both items help attract growth-oriented investors. Wall Street Analysts See a 32.21% Upside in Autodesk (ADSK)
• Positive Sentiment: Forbes notes a recent 6-day winning streak that lifted market cap materially — momentum and positive sentiment can attract additional flows. What’s Behind AutoDesk Stock’s 6-Day Winning Streak?
• Neutral Sentiment: Autodesk presented at the Morgan Stanley TMT conference (transcript available) — useful for investor Q&A and longer-term visibility but not an immediate catalyst by itself. Autodesk Presents at Morgan Stanley TMT Conference 2026 Transcript
• Negative Sentiment: Short interest was reported to have increased (one report cites a 36.4% rise), which can add downward pressure if bearish positioning grows or if shorting activity accelerates. Short Interest in Autodesk, Inc. Increases By 36.4%
• Negative Sentiment: Deutsche Bank trimmed its price target to $330 (still above current levels), a modest negative tweak that may temper some upside expectations. Deutsche Bank Lowers Autodesk Price Target to $330.00

Autodesk Price Performance

Shares of Autodesk stock opened at $264.12 on Friday. The stock has a market capitalization of $55.73 billion, a price-to-earnings ratio of 50.40, a P/E/G ratio of 1.71 and a beta of 1.45. The firm’s 50-day moving average price is $257.61 and its two-hundred day moving average price is $289.05. The company has a current ratio of 0.85, a quick ratio of 0.82 and a debt-to-equity ratio of 0.82. Autodesk, Inc. has a 1-year low of $215.01 and a 1-year high of $329.09.

Autodesk (NASDAQ:ADSK) last posted its earnings results on Thursday, February 26th. The software company reported $2.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.64 by $0.21. The company had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.91 billion. Autodesk had a net margin of 15.60% and a return on equity of 53.51%. Autodesk’s quarterly revenue was up 19.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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. On average, equities analysts predict that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently commented on ADSK. Rothschild & Co Redburn set a $375.00 target price on Autodesk in a research report on Friday, January 9th. HSBC dropped their price objective on shares of Autodesk from $388.00 to $379.00 and set a “buy” rating for the company in a research note on Friday, November 28th. Citigroup lifted their target price on shares of Autodesk from $315.00 to $331.00 and gave the company a “buy” rating in a research report on Tuesday. Wells Fargo & Company lowered their price objective on Autodesk from $365.00 to $350.00 and set an “overweight” rating on the stock in a research note on Friday, February 27th. Finally, UBS Group dropped their target price on Autodesk from $400.00 to $290.00 and set a “buy” rating for the company in a report on Monday, February 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $341.96.

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.