Savant Capital LLC Trims Stock Position in Autodesk, Inc. $ADSK

Key Points

• Savant Capital LLC cut its Autodesk stake by 73.4% in the fourth quarter, selling 11,395 shares and leaving it with 4,133 shares valued at about $1.223 million.
• Wall Street sentiment remains mostly positive: several firms maintained or raised Buy ratings, and the consensus view is still Moderate Buy with an average price target of $327.21.
• Autodesk reported a strong quarter, beating EPS and revenue estimates, while a recent director purchase and the stock’s 7.3% gain suggest continued investor confidence despite mixed views on its MaintainX acquisition.

Savant Capital LLC lowered its position in shares of Autodesk, Inc. (NASDAQ:ADSK - Free Report) by 73.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,133 shares of the software company's stock after selling 11,395 shares during the period. Savant Capital LLC's holdings in Autodesk were worth $1,223,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of ADSK. Torren Management LLC purchased a new position in Autodesk during the fourth quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC purchased a new position in Autodesk during the third quarter valued at approximately $25,000. Archer Investment Corp grew its stake in Autodesk by 112.2% during the fourth quarter. Archer Investment Corp now owns 87 shares of the software company's stock valued at $26,000 after acquiring an additional 46 shares in the last quarter. High Point Wealth Management LLC purchased a new position in Autodesk during the fourth quarter valued at approximately $44,000. Finally, iSAM Funds UK Ltd purchased a new position in Autodesk during the third quarter valued at approximately $46,000. Hedge funds and other institutional investors own 90.24% of the company's stock.

Key Stories Impacting Autodesk

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Zacks upgraded Autodesk (ADSK) to Rank #2 (Buy), signaling improving optimism around earnings prospects and potentially supporting further upside. Article: Autodesk (ADSK) Upgraded to Buy: What Does It Mean for the Stock?
• Positive Sentiment: Rosenblatt Securities reaffirmed a Buy rating and set a $330 price target, implying meaningful upside versus recent trading levels. Article: Autodesk buy rating reaffirmed by Rosenblatt Securities
• Positive Sentiment: Rothschild & Co Redburn also maintained a Buy rating while raising its price target to $360, reinforcing the bullish longer-term view on Autodesk’s shares. Article: Rothschild & Co Redburn adjusts PT on Autodesk
• Neutral Sentiment: Wells Fargo trimmed its price target to $330 from $350 but kept an Overweight rating, suggesting some caution on valuation without turning negative on the stock. Article: Wells Fargo Trims PT On Autodesk (ADSK) to $330
• Neutral Sentiment: Autodesk’s $3.6 billion cash acquisition of MaintainX could expand the company into operations and maintenance software, but it also adds execution and integration risk as investors assess whether the deal will create value. Article: Autodesk’s MaintainX Deal Expands Operations Focus While Shares Trade Lower
• Negative Sentiment: Analysts flagged timeline and business-impact risks tied to the MaintainX transaction, which could pressure sentiment if investors worry the acquisition distracts from Autodesk’s core software business. Article: Autodesk’s MaintainX Deal Faces Timeline Risks and Potential Business Impact

Analyst Upgrades and Downgrades

ADSK has been the subject of a number of research reports. Robert W. Baird cut their price target on shares of Autodesk from $355.00 to $312.00 and set an "outperform" rating for the company in a research note on Friday, April 17th. BMO Capital Markets cut their price target on shares of Autodesk from $279.00 to $262.00 and set a "market perform" rating for the company in a research note on Friday. Bank of America reissued a "buy" rating and issued a $300.00 price target on shares of Autodesk in a research note on Tuesday, May 12th. BTIG Research reissued a "buy" rating and issued a $300.00 price target on shares of Autodesk in a research note on Friday. Finally, Citigroup boosted their price target on shares of Autodesk from $246.00 to $252.00 and gave the stock a "neutral" rating in a research note on Friday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $327.21.

Autodesk Trading Up 7.3%

NASDAQ:ADSK opened at $248.16 on Tuesday. The company has a fifty day moving average of $238.53 and a 200 day moving average of $259.76. Autodesk, Inc. has a 52 week low of $214.10 and a 52 week high of $329.09. The company has a quick ratio of 0.85, a current ratio of 0.83 and a debt-to-equity ratio of 0.78. The firm has a market capitalization of $52.40 billion, a P/E ratio of 36.17, a P/E/G ratio of 1.49 and a beta of 1.30.

Autodesk (NASDAQ:ADSK - Get Free Report) last posted its quarterly earnings results on Thursday, May 28th. The software company reported $2.99 EPS for the quarter, beating analysts' consensus estimates of $2.84 by $0.15. Autodesk had a net margin of 19.49% and a return on equity of 57.14%. The company had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.89 billion. During the same period in the prior year, the business posted $2.29 EPS. The firm's revenue was up 18.4% compared to the same quarter last year. Autodesk has set its FY 2027 guidance at 12.400-12.650 EPS and its Q2 2027 guidance at 3.100-3.140 EPS. On average, research analysts predict that Autodesk, Inc. will post 9.36 earnings per share for the current year.

Insider Buying and Selling at Autodesk

In other Autodesk news, Director Stacy J. Smith bought 3,435 shares of Autodesk stock in a transaction dated Friday, May 29th. The shares were purchased at an average cost of $231.17 per share, with a total value of $794,068.95. Following the transaction, the director directly owned 26,517 shares of the company's stock, valued at $6,129,934.89. This represents a 14.88% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.14% of the stock is owned by corporate 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.

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