51,315 Shares in Autodesk, Inc. $ADSK Acquired by Advent International L.P.

Key Points

• Advent International bought a new stake of 51,315 Autodesk shares (≈$16.3M) in Q3, making ADSK about 0.3% of Advent’s holdings and its 21st-largest position.
• Autodesk beat quarterly expectations with EPS $2.85 vs. $2.64 and revenue $1.96B (up 19.4% YoY), and set FY2027 guidance of $12.29–$12.56 EPS.
• 90.24% of Autodesk shares are owned by institutions, and analysts are largely positive with a consensus target of $341.96 and a "Moderate Buy" average rating.

Advent International L.P. bought a new stake in shares of Autodesk, Inc. (NASDAQ:ADSK - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 51,315 shares of the software company's stock, valued at approximately $16,301,000. Autodesk accounts for 0.3% of Advent International L.P.'s holdings, making the stock its 21st biggest holding.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ADSK. Brighton Jones LLC boosted its stake in shares of Autodesk by 14.5% during the 4th quarter. Brighton Jones LLC now owns 1,162 shares of the software company's stock worth $343,000 after acquiring an additional 147 shares during the last quarter. Sivia Capital Partners LLC increased its stake in shares of Autodesk by 98.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,472 shares of the software company's stock worth $765,000 after purchasing an additional 1,224 shares in the last quarter. Schnieders Capital Management LLC. purchased a new stake in shares of Autodesk in the 2nd quarter worth $466,000. Prospera Financial Services Inc bought a new position in Autodesk in the 2nd quarter worth $225,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in Autodesk during the second quarter valued at $849,000. 90.24% of the stock is owned by hedge funds and other institutional investors.

Autodesk Stock Performance

NASDAQ ADSK opened at $251.17 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.82. Autodesk, Inc. has a twelve month low of $215.01 and a twelve month high of $329.09. The business has a 50-day moving average price of $252.57 and a 200-day moving average price of $287.69. The firm has a market cap of $53.00 billion, a price-to-earnings ratio of 47.93, a price-to-earnings-growth ratio of 1.66 and a beta of 1.45.

Autodesk (NASDAQ:ADSK - Get Free Report) last issued its earnings results on Thursday, February 26th. The software company reported $2.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.64 by $0.21. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.The company had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.91 billion. During the same quarter last year, the company earned $2.29 EPS. The firm's quarterly revenue was up 19.4% on a year-over-year basis. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. As a group, equities research analysts predict that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have issued reports on ADSK. Wolfe Research boosted their price target on Autodesk from $330.00 to $350.00 and gave the company an "outperform" rating in a report on Friday, February 27th. 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 report on Friday, February 27th. Arete Research boosted their price objective on Autodesk from $430.00 to $460.00 and gave the company a "buy" rating in a research note on Thursday, December 11th. Argus raised shares of Autodesk to a "strong-buy" rating in a report on Friday, March 6th. Finally, Loop Capital decreased their target price on shares of Autodesk from $320.00 to $250.00 and set a "hold" rating on the stock in a research note on Thursday, February 19th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus 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.

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