Autodesk, Inc. $ADSK Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

Key Points

• UBS Asset Management reduced its Autodesk stake by 10.1%, selling 317,518 shares and retaining 2.82 million shares valued at approximately $547.9 million. Institutional investors and hedge funds collectively own 90.24% of the company.
• Autodesk reported strong fiscal Q2 results, with revenue rising 16.1% year over year to $2.05 billion and adjusted EPS of $3.30, exceeding analyst expectations. The company also raised its full-year fiscal 2027 revenue outlook to approximately $8.6 billion–$8.7 billion.
• Near-term profitability remains a concern: Q3 adjusted EPS guidance of $3.04–$3.09 fell below Wall Street expectations, reflecting potential pressure from MaintainX acquisition costs and AI investments. Despite the cautious outlook, analysts maintain a “Moderate Buy” consensus with an average price target of $321.07.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its stake in Autodesk, Inc. (NASDAQ:ADSK - Free Report) by 10.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,818,010 shares of the software company's stock after selling 317,518 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 1.34% of Autodesk worth $547,878,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of Autodesk during the second quarter valued at approximately $4,828,855,000. State Street Corp boosted its stake in shares of Autodesk by 0.7% in the fourth quarter. State Street Corp now owns 10,157,826 shares of the software company's stock worth $3,006,818,000 after acquiring an additional 70,053 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Autodesk by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 5,682,041 shares of the software company's stock worth $1,677,404,000 after purchasing an additional 123,691 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Autodesk by 5.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,144,627 shares of the software company's stock valued at $752,824,000 after purchasing an additional 155,255 shares during the last quarter. Finally, Bank of America Corp DE acquired a new position in Autodesk in the 2nd quarter valued at $576,727,000. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Key Autodesk News

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.

Autodesk Price Performance

Shares of NASDAQ:ADSK opened at $260.66 on Monday. Autodesk, Inc. has a 52-week low of $185.50 and a 52-week high of $329.09. The stock has a market cap of $55.00 billion, a P/E ratio of 33.72, a PEG ratio of 1.60 and a beta of 1.29. The business has a fifty day moving average of $225.93 and a two-hundred day moving average of $232.22. The company has a quick ratio of 0.83, a current ratio of 0.86 and a debt-to-equity ratio of 0.59.

Autodesk (NASDAQ:ADSK - Get Free Report) last posted its quarterly earnings results on Thursday, August 27th. The software company reported $3.30 EPS for the quarter, topping the consensus estimate of $3.12 by $0.18. The business had revenue of $2.05 billion for 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 company's quarterly revenue was up 16.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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. On average, research analysts expect that Autodesk, Inc. will post 9.7 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Jefferies Financial Group raised shares of Autodesk to a "strong-buy" rating in a research note on Tuesday, May 26th. Weiss Ratings cut shares of Autodesk from a "hold (c)" rating to a "hold (c-)" rating in a research report on Friday, July 10th. KeyCorp reissued an "overweight" rating on shares of Autodesk in a research note on Wednesday, August 19th. Citigroup boosted their price target on shares of Autodesk from $252.00 to $269.00 and gave the stock a "neutral" rating in a research report on Thursday, August 20th. Finally, The Goldman Sachs Group started coverage on shares of Autodesk in a research note on Tuesday, August 11th. They set a "neutral" rating and a $260.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $321.07.

Insider Transactions at Autodesk

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

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.

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