Capital Fund Management S.A. Buys 25,766 Shares of Autodesk, Inc. $ADSK

Key Points

• Capital Fund Management S.A. increased its stake in Autodesk by 70.6%, buying 25,766 shares to hold 62,256 shares worth about $19.78 million, while overall institutional investors now own roughly 90.24% of the stock and several other funds also added positions.
• Autodesk beat expectations in its most recent quarter with EPS of $2.85 (vs. $2.64 est.) and revenue of $1.96 billion (up 19.4% YoY), and set FY2027 guidance of EPS 12.29–12.56 and Q1 2027 EPS 2.82–2.86.
• Analyst sentiment is broadly positive with a consensus rating of Moderate Buy and an average price target of $341.96, though individual price targets and ratings have varied in recent reports.

Capital Fund Management S.A. lifted its position in Autodesk, Inc. (NASDAQ:ADSK - Free Report) by 70.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,256 shares of the software company's stock after acquiring an additional 25,766 shares during the quarter. Capital Fund Management S.A.'s holdings in Autodesk were worth $19,777,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Autodesk by 12.8% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 153,180 shares of the software company's stock worth $48,661,000 after buying an additional 17,358 shares during the period. BI Asset Management Fondsmaeglerselskab A S raised its holdings in Autodesk by 18.7% during the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 130,669 shares of the software company's stock valued at $41,510,000 after acquiring an additional 20,543 shares during the period. Pacific Heights Asset Management LLC lifted its position in shares of Autodesk by 26.9% during the third quarter. Pacific Heights Asset Management LLC now owns 85,000 shares of the software company's stock worth $27,002,000 after acquiring an additional 18,000 shares in the last quarter. Freemont Management S.A. purchased a new stake in shares of Autodesk during the third quarter worth $4,765,000. Finally, Renaissance Group LLC bought a new position in shares of Autodesk in the third quarter worth $33,789,000. Hedge funds and other institutional investors own 90.24% of the company's stock.

Analyst Ratings Changes

ADSK has been the topic of a number of analyst reports. Barclays boosted their price objective on Autodesk from $300.00 to $315.00 and gave the company an "overweight" rating in a research note on Friday, February 27th. Loop Capital cut their target price on Autodesk from $320.00 to $250.00 and set a "hold" rating for the company in a research note on Thursday, February 19th. BTIG Research reduced their target price on Autodesk from $365.00 to $300.00 and set a "buy" rating for the company in a report on Friday, February 27th. Citigroup increased their price target on shares of Autodesk from $315.00 to $331.00 and gave the stock a "buy" rating in a report on Tuesday, March 3rd. Finally, Rothschild & Co Redburn set a $375.00 price objective on shares of Autodesk in a research report on Friday, January 9th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Autodesk presently has a consensus rating of "Moderate Buy" and an average price target of $341.96.

Autodesk Stock Down 0.8%

ADSK stock opened at $251.83 on Thursday. The company's 50 day moving average is $254.21 and its 200 day moving average is $288.16. The stock has a market cap of $53.14 billion, a price-to-earnings ratio of 48.06, a price-to-earnings-growth ratio of 1.68 and a beta of 1.45. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.82. Autodesk, Inc. has a 1-year low of $215.01 and a 1-year high of $329.09.

Autodesk (NASDAQ:ADSK - Get Free Report) last announced 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 net margin of 15.60% and a return on equity of 53.51%. The business had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.91 billion. During the same period in the previous year, the business posted $2.29 earnings per share. Autodesk'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. Sell-side analysts predict that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.

Autodesk Company 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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