Autodesk, Inc. $ADSK Shares Acquired by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC lifted its stake in shares of Autodesk, Inc. (NASDAQ:ADSK - Free Report) by 105.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 301,898 shares of the software company's stock after purchasing an additional 155,160 shares during the period. Autodesk comprises about 1.1% of Susquehanna Fundamental Investments LLC's investment portfolio, making the stock its 16th biggest holding. Susquehanna Fundamental Investments LLC owned about 0.14% of Autodesk worth $58,695,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of ADSK. Moore Capital Management LP lifted its holdings in Autodesk by 252.5% during the 2nd quarter. Moore Capital Management LP now owns 20,500 shares of the software company's stock worth $3,986,000 after buying an additional 14,684 shares during the last quarter. Two Sigma Securities LLC acquired a new stake in shares of Autodesk during the 2nd quarter valued at approximately $302,000. GTS Securities LLC lifted its stake in Autodesk by 79.6% during the second quarter. GTS Securities LLC now owns 2,048 shares of the software company's stock worth $398,000 after purchasing an additional 908 shares during the last quarter. Alyeska Investment Group L.P. lifted its stake in Autodesk by 248.3% during the second quarter. Alyeska Investment Group L.P. now owns 683,227 shares of the software company's stock worth $132,833,000 after purchasing an additional 487,079 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Autodesk by 395.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 24,842 shares of the software company's stock worth $4,830,000 after purchasing an additional 19,827 shares during the period. Institutional investors and hedge funds own 90.24% of the company's stock.

Autodesk Price Performance

ADSK opened at $260.66 on Monday. Autodesk, Inc. has a 12 month low of $185.50 and a 12 month high of $329.09. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.86 and a quick ratio of 0.83. The stock has a market cap of $55.00 billion, a P/E ratio of 33.72, a P/E/G ratio of 1.60 and a beta of 1.29. The stock's 50 day moving average price is $225.93 and its 200 day moving average price is $232.22.

Autodesk (NASDAQ:ADSK - Get Free Report) last announced its quarterly earnings results on Thursday, August 27th. The software company reported $3.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.12 by $0.18. The company had revenue of $2.05 billion during the quarter, compared to analyst estimates of $2.01 billion. Autodesk had a return on equity of 58.63% and a net margin of 21.08%.The firm's quarterly revenue was up 16.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.62 EPS. Autodesk has set its FY 2027 guidance at 12.520-12.600 EPS and its Q3 2027 guidance at 3.040-3.090 EPS. As a group, research analysts predict that Autodesk, Inc. will post 9.7 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on ADSK shares. Bank of America reiterated a "buy" rating and set a $300.00 price objective on shares of Autodesk in a research note on Tuesday, May 12th. Weiss Ratings lowered Autodesk from a "hold (c)" rating to a "hold (c-)" rating in a report on Friday, July 10th. Wall Street Zen cut Autodesk from a "buy" rating to a "hold" rating in a research report on Saturday. BTIG Research reissued a "buy" rating and issued a $300.00 price target on shares of Autodesk in a report on Friday. Finally, BNP Paribas Exane boosted their price objective on Autodesk from $295.00 to $300.00 and gave the company an "outperform" rating in a research report on Friday. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat.com, Autodesk has an average rating of "Moderate Buy" and a consensus target price of $321.07.

Autodesk News Roundup

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.

Insider Transactions at Autodesk

In related news, Director John T. Cahill bought 2,000 shares of the stock in a transaction on Tuesday, June 23rd. The shares were purchased at an average price of $189.20 per share, with a total value of $378,400.00. Following the purchase, the director owned 4,000 shares in the company, valued at approximately $756,800. This represents a 100.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Janesh Moorjani purchased 2,500 shares of the company's stock in a transaction on Monday, June 15th. The shares were bought at an average price of $197.67 per share, for a total transaction of $494,175.00. Following the completion of the transaction, the executive vice president directly owned 50,993 shares in the company, valued at $10,079,786.31. This represents a 5.16% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 0.14% of the company's stock.

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.

Want to see what other hedge funds are holding ADSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Autodesk, Inc. (NASDAQ:ADSK - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source