Pictet Asset Management Holding SA Sells 94,320 Shares of Autodesk, Inc. $ADSK

Key Points

• Pictet Asset Management Holding SA cut its stake in Autodesk by 7.5%, selling 94,320 shares in Q4 and now holds 1,166,988 shares (about 0.55% of the company) valued at roughly $345.4 million.
• Autodesk beat expectations for the quarter with EPS of $2.85 (vs. $2.64 est.) and revenue of $1.96B (vs. $1.91B est.), and provided FY2027 EPS guidance of $12.29–$12.56 (Q1 guide $2.82–$2.86).
• Analyst sentiment remains generally positive—MarketBeat shows a consensus "Moderate Buy" and a $335.93 price target—but recent downgrades and cut targets have pressured the stock and increased volatility.

Pictet Asset Management Holding SA cut its holdings in Autodesk, Inc. (NASDAQ:ADSK - Free Report) by 7.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,166,988 shares of the software company's stock after selling 94,320 shares during the period. Pictet Asset Management Holding SA owned 0.55% of Autodesk worth $345,440,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC purchased a new stake in shares of Autodesk in the third quarter worth $25,000. Proffitt & Goodson Inc. purchased a new position in Autodesk in the 3rd quarter worth approximately $27,000. Tripletail Wealth Management LLC bought a new position in Autodesk in the 3rd quarter worth approximately $29,000. Financial Consulate Inc. purchased a new stake in Autodesk during the 3rd quarter valued at approximately $32,000. Finally, Salomon & Ludwin LLC grew its holdings in Autodesk by 1,275.0% during the 3rd quarter. Salomon & Ludwin LLC now owns 110 shares of the software company's stock valued at $35,000 after buying an additional 102 shares in the last quarter. 90.24% of the stock is owned by institutional investors.

Autodesk Price Performance

Autodesk stock opened at $237.44 on Monday. The firm has a market cap of $50.10 billion, a P/E ratio of 45.31, a P/E/G ratio of 1.57 and a beta of 1.43. 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, Inc. has a twelve month low of $214.10 and a twelve month high of $329.09. The business has a fifty day moving average of $240.19 and a two-hundred day moving average of $270.72.

Autodesk (NASDAQ:ADSK - Get Free Report) last posted 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. The company had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.91 billion. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.The firm's quarterly revenue was up 19.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.29 earnings per share. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. On average, analysts forecast that Autodesk, Inc. will post 9.35 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Autodesk in a research note on Wednesday, January 21st. UBS Group decreased their target price on Autodesk from $400.00 to $290.00 and set a "buy" rating on the stock in a research report on Monday, February 23rd. Oppenheimer decreased their price objective on Autodesk from $375.00 to $325.00 and set an "outperform" rating on the stock in a report on Tuesday, February 24th. Royal Bank Of Canada decreased 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. Finally, Argus raised shares of Autodesk to a "strong-buy" rating in a report on Friday, March 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $335.93.

Key Autodesk News

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Board addition seen as governance/strategy positive — Autodesk nominated Omar Abbosh, current CEO of Pearson, to its board; the company also said director Stephen Milligan will not stand for re-election. Investors often view experienced tech/consumer-media executives as a plus for strategy and oversight. Autodesk announces nomination of Omar Abbosh to board
• Positive Sentiment: Featured as a top pick amid a broader market rally — Several analyst/idea pieces included ADSK among select tech names to buy as the S&P 500 hits record highs, which can attract rotation flows back into well‑rated software names. 4 Solid Stocks to Grab as S&P 500 Hits New All-Time Closing High
• Positive Sentiment: Long‑term growth narrative still supported by sell‑side research — Coverage pieces reiterate Autodesk’s long‑term growth profile (subscription/AI tooling tailwinds) and list ADSK as a top growth stock for patient investors. This supports demand among growth-focused funds. Why Autodesk (ADSK) is a Top Growth Stock for the Long-Term
• Positive Sentiment: Analysts expect strong quarter — Pre‑earnings previews highlight expectations for double‑digit EPS growth in upcoming results; a beat could reinforce the recent upside and justify current guidance from the Feb. release (FY27 EPS guide 12.29–12.56). Autodesk’s Quarterly Earnings Preview: What You Need To Know
• Neutral Sentiment: Media coverage mixed — Several outlets ran roundups noting both bullish long‑term takes and short‑term weakness; these pieces tend to amplify flows but are not company‑specific catalysts. Bentley Systems, BILL, and Autodesk Stocks Trade Down, What You Need To Know
• Negative Sentiment: Analyst downgrade and sector jitters pressured the stock — Recent downgrades and reduced price targets on application‑software names (and worries that AI may compress traditional “seat” economics) triggered selling and amplified volatility in ADSK. Autodesk stock slides as recent analyst downgrade and software-sector jitters weigh on sentiment
• Negative Sentiment: Recent sharp intraday declines reflect sentiment/positioning, not new fundamentals — Coverage noted a ~6% recent drop driven by group‑level re‑rating and technical selling; that volatility can persist until earnings or clearer guidance re‑anchors expectations. Autodesk (ADSK) Falls More Steeply Than Broader Market: What Investors Need to Know

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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