Quantitative Investment Management LLC Grows Holdings in Autodesk, Inc. $ADSK

Key Points

• Quantitative Investment Management LLC more than doubled its Autodesk holdings in the second quarter, increasing its position by 115.2% to 12,109 shares valued at approximately $2.35 million. Institutional investors collectively own 90.24% of ADSK.
• Autodesk reported fiscal Q2 revenue of $2.05 billion, up 16.1% year over year, while adjusted EPS of $3.30 exceeded analyst expectations. The company raised its fiscal 2027 revenue outlook to approximately $8.6 billion–$8.7 billion, citing cloud growth, AI and the MaintainX acquisition.
• Near-term profitability remains a concern: fiscal Q3 adjusted EPS guidance of $3.04–$3.09 fell below Wall Street expectations, raising questions about acquisition costs, AI investment and margins. Analysts maintain a “Moderate Buy” consensus with an average price target of $321.07.

Quantitative Investment Management LLC increased its holdings in shares of Autodesk, Inc. (NASDAQ:ADSK - Free Report) by 115.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,109 shares of the software company's stock after purchasing an additional 6,482 shares during the period. Quantitative Investment Management LLC's holdings in Autodesk were worth $2,354,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of ADSK. Torren Management LLC acquired a new position in Autodesk in the fourth quarter valued at $25,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Autodesk during the third quarter worth about $25,000. Kemnay Advisory Services Inc. acquired a new position in Autodesk in the 4th quarter valued at about $25,000. Prosperity Bancshares Inc acquired a new position in Autodesk in the 4th quarter valued at about $27,000. Finally, Ascentis Independent Advisors purchased a new stake in Autodesk during the 1st quarter valued at approximately $28,000. 90.24% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Autodesk

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

ADSK opened at $260.66 on Monday. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.86 and a quick ratio of 0.83. The business has a 50 day simple moving average of $225.93 and a 200-day simple moving average of $232.22. The stock has a market capitalization of $55.00 billion, a P/E ratio of 33.72, a P/E/G ratio of 1.60 and a beta of 1.29. Autodesk, Inc. has a 12 month low of $185.50 and a 12 month high of $329.09.

Autodesk (NASDAQ:ADSK - Get Free Report) last announced its quarterly earnings data on Thursday, August 27th. The software company reported $3.30 earnings per share for the quarter, topping analysts' consensus estimates of $3.12 by $0.18. The firm 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%.Autodesk's quarterly revenue was up 16.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.62 earnings per share. 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, equities analysts anticipate that Autodesk, Inc. will post 9.7 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have weighed in on ADSK shares. Barclays reaffirmed an "overweight" rating on shares of Autodesk in a research report on Wednesday, August 19th. Morgan Stanley dropped their price objective on shares of Autodesk from $350.00 to $315.00 and set an "overweight" rating on the stock in a research note on Tuesday, May 26th. The Goldman Sachs Group started coverage on shares of Autodesk in a research report on Tuesday, August 11th. They set a "neutral" rating and a $260.00 price objective for the company. New Street Research set a $277.00 target price on shares of Autodesk in a research note on Thursday, August 20th. Finally, BNP Paribas Exane lifted their target price on shares of Autodesk from $295.00 to $300.00 and gave the company an "outperform" rating in a report on Friday. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $321.07.

Insider Activity

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

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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