Abacus FCF Advisors LLC Sells 12,029 Shares of Autodesk, Inc. $ADSK

Key Points

• Abacus FCF Advisors cut its Autodesk stake by 19.3%, selling 12,029 shares and now holding 50,336 shares worth about $14.9M, roughly 1.9% of its portfolio and its 18th-largest position.
• Autodesk beat Q4 estimates (EPS $2.85 vs. $2.64; revenue $1.96B) and issued FY27 guidance of EPS 12.29–12.56 (Q1 guidance 2.82–2.86), supporting the company’s growth narrative.
• The stock carries a consensus rating of "Moderate Buy" with a mean target of $335.93, amid mixed analyst target changes and with institutional investors owning about 90.24% of shares.

Abacus FCF Advisors LLC lowered its position in shares of Autodesk, Inc. (NASDAQ:ADSK - Free Report) by 19.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 50,336 shares of the software company's stock after selling 12,029 shares during the period. Autodesk comprises about 1.9% of Abacus FCF Advisors LLC's investment portfolio, making the stock its 18th biggest holding. Abacus FCF Advisors LLC's holdings in Autodesk were worth $14,900,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Patron Partners LLC lifted its stake in Autodesk by 0.8% in the third quarter. Patron Partners LLC now owns 4,295 shares of the software company's stock worth $1,364,000 after acquiring an additional 35 shares during the period. Fulton Bank N.A. increased its position in Autodesk by 4.6% during the 3rd quarter. Fulton Bank N.A. now owns 812 shares of the software company's stock valued at $258,000 after purchasing an additional 36 shares during the period. Catalyst Financial Partners LLC raised its holdings in Autodesk by 3.8% in the 3rd quarter. Catalyst Financial Partners LLC now owns 1,023 shares of the software company's stock worth $325,000 after purchasing an additional 37 shares in the last quarter. Piscataqua Savings Bank raised its holdings in Autodesk by 33.3% in the 4th quarter. Piscataqua Savings Bank now owns 160 shares of the software company's stock worth $47,000 after purchasing an additional 40 shares in the last quarter. Finally, Moss Adams Wealth Advisors LLC lifted its position 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 worth $1,263,000 after purchasing an additional 41 shares during the period. Hedge funds and other institutional investors own 90.24% of the company's stock.

Key Headlines Impacting Autodesk

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Board addition seen as governance/strategy positive — Autodesk nominated Omar Abbosh, current CEO of Pearson, to its board; the company also said director Stephen Milligan will not stand for re-election. Investors often view experienced tech/consumer-media executives as a plus for strategy and oversight. Autodesk announces nomination of Omar Abbosh to board
• Positive Sentiment: Featured as a top pick amid a broader market rally — Several analyst/idea pieces included ADSK among select tech names to buy as the S&P 500 hits record highs, which can attract rotation flows back into well‑rated software names. 4 Solid Stocks to Grab as S&P 500 Hits New All-Time Closing High
• Positive Sentiment: Long‑term growth narrative still supported by sell‑side research — Coverage pieces reiterate Autodesk’s long‑term growth profile (subscription/AI tooling tailwinds) and list ADSK as a top growth stock for patient investors. This supports demand among growth-focused funds. Why Autodesk (ADSK) is a Top Growth Stock for the Long-Term
• Positive Sentiment: Analysts expect strong quarter — Pre‑earnings previews highlight expectations for double‑digit EPS growth in upcoming results; a beat could reinforce the recent upside and justify current guidance from the Feb. release (FY27 EPS guide 12.29–12.56). Autodesk’s Quarterly Earnings Preview: What You Need To Know
• Neutral Sentiment: Media coverage mixed — Several outlets ran roundups noting both bullish long‑term takes and short‑term weakness; these pieces tend to amplify flows but are not company‑specific catalysts. Bentley Systems, BILL, and Autodesk Stocks Trade Down, What You Need To Know
• Negative Sentiment: Analyst downgrade and sector jitters pressured the stock — Recent downgrades and reduced price targets on application‑software names (and worries that AI may compress traditional “seat” economics) triggered selling and amplified volatility in ADSK. Autodesk stock slides as recent analyst downgrade and software-sector jitters weigh on sentiment
• Negative Sentiment: Recent sharp intraday declines reflect sentiment/positioning, not new fundamentals — Coverage noted a ~6% recent drop driven by group‑level re‑rating and technical selling; that volatility can persist until earnings or clearer guidance re‑anchors expectations. Autodesk (ADSK) Falls More Steeply Than Broader Market: What Investors Need to Know

Analyst Upgrades and Downgrades

Several brokerages have commented on ADSK. Wells Fargo & Company lowered their price objective on shares of Autodesk from $365.00 to $350.00 and set an "overweight" rating for the company in a report on Friday, February 27th. Barclays upped their target price on Autodesk from $300.00 to $315.00 and gave the stock an "overweight" rating in a report on Friday, February 27th. Stifel Nicolaus decreased their price objective on Autodesk from $375.00 to $285.00 and set a "buy" rating for the company in a report on Monday, February 23rd. Zacks Research raised shares of Autodesk from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 15th. Finally, UBS Group lowered their target price on shares of Autodesk from $400.00 to $290.00 and set a "buy" rating for the company in a report on Monday, February 23rd. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $335.93.

Autodesk Trading Up 2.4%

NASDAQ:ADSK opened at $237.44 on Friday. The stock has a market cap of $50.10 billion, a price-to-earnings ratio of 45.31, a PEG ratio of 1.54 and a beta of 1.43. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.82. The company's 50 day moving average price is $240.19 and its 200-day moving average price is $271.00. 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 released its quarterly earnings data 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. 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 53.51% and a net margin of 15.60%.The firm's quarterly revenue was up 19.4% on a year-over-year basis. During the same period in the prior year, the firm posted $2.29 EPS. 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 research analysts forecast that Autodesk, Inc. will post 9.35 earnings per share for the current fiscal 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.

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