Eurizon Capital SGR S.p.A. purchased a new position in shares of Autodesk, Inc. (NASDAQ:ADSK – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 171,049 shares of the software company’s stock, valued at approximately $50,673,000.
Several other large investors have also made changes to their positions in the company. Catalyst Financial Partners LLC boosted its position in shares of Autodesk by 3.8% during the 3rd quarter. Catalyst Financial Partners LLC now owns 1,023 shares of the software company’s stock worth $325,000 after acquiring an additional 37 shares in the last quarter. Piscataqua Savings Bank increased its holdings in shares of Autodesk by 33.3% during the fourth quarter. Piscataqua Savings Bank now owns 160 shares of the software company’s stock worth $47,000 after buying an additional 40 shares in the last quarter. Moss Adams Wealth Advisors LLC lifted its stake in shares of Autodesk by 1.0% in the 4th quarter. Moss Adams Wealth Advisors LLC now owns 4,267 shares of the software company’s stock valued at $1,263,000 after acquiring an additional 41 shares during the last quarter. Keybank National Association OH lifted its stake in shares of Autodesk by 0.8% in the 3rd quarter. Keybank National Association OH now owns 5,403 shares of the software company’s stock valued at $1,716,000 after acquiring an additional 42 shares during the last quarter. Finally, Trust Point Inc. lifted its stake in shares of Autodesk by 3.3% in the 4th quarter. Trust Point Inc. now owns 1,322 shares of the software company’s stock valued at $391,000 after acquiring an additional 42 shares during the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.
Insider Activity at Autodesk
In other Autodesk news, Director Stacy J. Smith purchased 3,435 shares of the business’s stock in a transaction dated Friday, May 29th. The shares were bought at an average price of $231.17 per share, for a total transaction of $794,068.95. Following the completion of the acquisition, the director owned 26,517 shares in the company, valued at approximately $6,129,934.89. This trade represents a 14.88% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.14% of the company’s stock.
Autodesk News Roundup
- 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.
Analysts Set New Price Targets
ADSK has been the subject of a number of research reports. Loop Capital dropped their price target on Autodesk from $250.00 to $235.00 and set a “hold” rating for the company in a research note on Friday. Citigroup increased their price target on Autodesk from $246.00 to $252.00 and gave the company a “neutral” rating in a research note on Friday. DA Davidson reiterated a “buy” rating and issued a $325.00 price target on shares of Autodesk in a research note on Friday. KeyCorp dropped their price target on Autodesk from $365.00 to $341.00 and set an “overweight” rating for the company in a research note on Thursday, May 21st. Finally, BTIG Research reiterated a “buy” rating and issued a $300.00 price target on shares of Autodesk in a research note on Friday. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Autodesk presently has a consensus rating of “Moderate Buy” and a consensus price target of $327.75.
Check Out Our Latest Stock Analysis on ADSK
Autodesk Price Performance
Shares of NASDAQ:ADSK opened at $231.31 on Friday. The firm has a market cap of $48.84 billion, a PE ratio of 33.72, a price-to-earnings-growth ratio of 1.49 and a beta of 1.32. The firm’s fifty day moving average is $238.52 and its 200-day moving average is $260.41. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.85 and a current ratio of 0.85. Autodesk, Inc. has a 52 week low of $214.10 and a 52 week high of $329.09.
Autodesk (NASDAQ:ADSK – Get Free Report) last issued its quarterly earnings results on Thursday, May 28th. The software company reported $2.99 EPS for the quarter, topping analysts’ consensus estimates of $2.84 by $0.15. The company had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.89 billion. Autodesk had a net margin of 19.49% and a return on equity of 58.65%. Autodesk’s revenue was up 18.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. Sell-side analysts predict that Autodesk, Inc. will post 9.36 earnings per share for the current year.
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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