Autodesk, Inc. $ADSK Shares Sold by Caisse Des Depots ET Consignations

Key Points

• Caisse Des Depots ET Consignations cut its stake in Autodesk by 48.5% in Q4, selling 5,431 shares and retaining 5,761 shares valued at about $1.705 million at quarter-end.
• Autodesk beat expectations for the quarter with EPS of $2.85 versus $2.64 estimated and revenue of $1.96 billion (up 19.4% YoY), and set FY2027 guidance of 12.290–12.560 EPS and Q1 2027 guidance of 2.820–2.860 EPS.
• Institutional investors own about 90.24% of the stock; analysts' consensus is a "Moderate Buy" with an average target of $335.93, while the company has a market cap of $51.64 billion and a current P/E of 46.63.

Caisse Des Depots ET Consignations lessened its stake in Autodesk, Inc. (NASDAQ:ADSK - Free Report) by 48.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,761 shares of the software company's stock after selling 5,431 shares during the period. Caisse Des Depots ET Consignations' holdings in Autodesk were worth $1,705,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ADSK. Brighton Jones LLC grew its position in Autodesk by 14.5% in the 4th quarter. Brighton Jones LLC now owns 1,162 shares of the software company's stock valued at $343,000 after buying an additional 147 shares in the last quarter. Sivia Capital Partners LLC grew its position in Autodesk by 98.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,472 shares of the software company's stock valued at $765,000 after buying an additional 1,224 shares in the last quarter. Schnieders Capital Management LLC. bought a new position in Autodesk in the 2nd quarter valued at about $466,000. Baird Financial Group Inc. grew its position in Autodesk by 7.5% in the 2nd quarter. Baird Financial Group Inc. now owns 10,048 shares of the software company's stock valued at $3,111,000 after buying an additional 701 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in Autodesk by 25.3% in the 2nd quarter. NewEdge Advisors LLC now owns 13,860 shares of the software company's stock valued at $4,291,000 after buying an additional 2,795 shares in the last quarter. Institutional investors own 90.24% of the company's stock.

Autodesk Stock Performance

NASDAQ:ADSK opened at $244.35 on Friday. Autodesk, Inc. has a twelve month low of $214.10 and a twelve month high of $329.09. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.82. The company has a 50-day moving average of $240.74 and a 200-day moving average of $269.24. The firm has a market cap of $51.64 billion, a price-to-earnings ratio of 46.63, a price-to-earnings-growth ratio of 1.57 and a beta of 1.43.

Autodesk (NASDAQ:ADSK - Get Free Report) last posted its quarterly earnings data on Thursday, February 26th. The software company reported $2.85 earnings per share for the quarter, beating the consensus estimate of $2.64 by $0.21. Autodesk had a net margin of 15.60% and a return on equity of 53.51%. The company had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.91 billion. During the same quarter last year, the firm posted $2.29 EPS. The business's revenue for the quarter 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. Analysts forecast that Autodesk, Inc. will post 9.35 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Robert W. Baird decreased their target price on shares of Autodesk from $355.00 to $312.00 and set an "outperform" rating for the company in a research report on Friday, April 17th. Loop Capital decreased their target price on shares of Autodesk from $320.00 to $250.00 and set a "hold" rating for the company in a research report on Thursday, February 19th. Wolfe Research increased their target price on shares of Autodesk from $330.00 to $350.00 and gave the company an "outperform" rating in a research report on Friday, February 27th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Autodesk in a research report on Wednesday, January 21st. Finally, Barclays increased their target price on shares of Autodesk from $300.00 to $315.00 and gave the company an "overweight" rating in a research report on Friday, February 27th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $335.93.

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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