Massachusetts Financial Services Co. MA Sells 34,958 Shares of Autodesk, Inc. $ADSK

Key Points

• Massachusetts Financial Services Co. MA trimmed its Autodesk stake by 34,958 shares (1.0%), leaving it with 3,509,562 shares — about 1.66% of the company valued at roughly $1.039 billion.
• Analyst sentiment is mixed: Autodesk has a consensus rating of "Moderate Buy" with a $339.67 average target, but several recent price-target cuts and downgrades (notably Citi's cut to $246) have amplified valuation concerns and pressured the stock (down ~3%).
• Autodesk beat quarterly estimates (EPS $2.85 vs $2.64) with revenue up 19.4% YoY to $1.96B and set FY27 EPS guidance of $12.29–12.56, while trading near $218 with a P/E around 41.7, signaling a premium valuation despite strong growth.

Massachusetts Financial Services Co. MA reduced its position in Autodesk, Inc. (NASDAQ:ADSK - Free Report) by 1.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,509,562 shares of the software company's stock after selling 34,958 shares during the quarter. Massachusetts Financial Services Co. MA owned 1.66% of Autodesk worth $1,038,865,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Patron Partners LLC grew its stake in shares of Autodesk by 0.8% during the third quarter. Patron Partners LLC now owns 4,295 shares of the software company's stock valued at $1,364,000 after buying an additional 35 shares during the last quarter. Fulton Bank N.A. lifted its stake in shares of Autodesk by 4.6% during the 3rd quarter. Fulton Bank N.A. now owns 812 shares of the software company's stock worth $258,000 after acquiring an additional 36 shares during the last quarter. Catalyst Financial Partners LLC lifted its stake in shares of Autodesk by 3.8% during the 3rd quarter. Catalyst Financial Partners LLC now owns 1,023 shares of the software company's stock worth $325,000 after acquiring an additional 37 shares during the last quarter. Beacon Financial Group boosted its holdings in Autodesk by 3.4% during the 3rd quarter. Beacon Financial Group now owns 1,168 shares of the software company's stock valued at $371,000 after acquiring an additional 38 shares during the period. Finally, Sky Investment Group LLC grew its position in Autodesk by 0.5% in the 3rd quarter. Sky Investment Group LLC now owns 7,998 shares of the software company's stock valued at $2,541,000 after acquiring an additional 40 shares during the last quarter. Institutional investors own 90.24% of the company's stock.

Analyst Ratings Changes

A number of analysts have weighed in on ADSK shares. Piper Sandler reiterated an "overweight" rating and issued a $383.00 target price (up from $373.00) on shares of Autodesk in a research note on Monday, March 2nd. DA Davidson cut their price target on shares of Autodesk from $375.00 to $325.00 and set a "buy" rating on the stock in a report on Friday, February 27th. Royal Bank Of Canada reduced their price target on shares of Autodesk from $340.00 to $335.00 and set an "outperform" rating on the stock in a research note on Friday, February 27th. Arete Research decreased their price objective on shares of Autodesk from $460.00 to $456.00 and set a "buy" rating for the company in a report on Thursday, March 26th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Autodesk from $375.00 to $330.00 and set a "buy" rating for the company in a research report on Monday, March 2nd. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat.com, Autodesk currently has an average rating of "Moderate Buy" and a consensus target price of $339.67.

Autodesk News Summary

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Macro relief / growth optimism supports a re-rating case — some coverage frames the pullback as a valuation reset after a recent relief rally rather than a deterioration in the business, suggesting upside if growth continues. Autodesk valuation check (Yahoo)
• Neutral Sentiment: Reported short-interest data is effectively meaningless (shows 0 shares / NaN change) — no clear short-squeeze dynamic is present based on the available report.
• Negative Sentiment: Citi downgraded ADSK from Buy to Neutral and cut its price target to $246 (from $331), which is the most direct catalyst cited for today’s weakness and reduces near-term analyst-driven upside expectations. Citi downgrades Autodesk (247WallSt)
• Negative Sentiment: Ongoing valuation concerns and a string of price-target trims have amplified selling pressure; analysts and market-note summaries characterize the move as a valuation-driven reset rather than a single fundamental event. Valuation/price-target analysis (QuiverQuant)
• Negative Sentiment: Sector-wide risk-off after the launch of Anthropic’s Managed Agents pressured several software/AI stocks intraday, contributing to the broader sell-off that hit ADSK. Sector sell-off after Anthropic news (Yahoo)

Autodesk Stock Down 3.0%

Shares of NASDAQ:ADSK opened at $218.45 on Friday. Autodesk, Inc. has a 52-week low of $214.10 and a 52-week high of $329.09. The stock has a market cap of $46.09 billion, a P/E ratio of 41.69, a price-to-earnings-growth ratio of 1.49 and a beta of 1.43. The business's 50 day moving average is $240.27 and its 200 day moving average is $277.01. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.82.

Autodesk (NASDAQ:ADSK - Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The software company reported $2.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.64 by $0.21. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.The company had revenue of $1.96 billion for the quarter, compared to analysts' expectations of $1.91 billion. During the same quarter in the prior year, the firm earned $2.29 earnings per share. Autodesk's revenue was up 19.4% compared to the same quarter last year. 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 year.

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.

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