Stoneridge Investment Partners LLC trimmed its holdings in Autodesk, Inc. (NASDAQ:ADSK – Free Report) by 78.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 1,044 shares of the software company’s stock after selling 3,881 shares during the period. Stoneridge Investment Partners LLC’s holdings in Autodesk were worth $332,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mn Services Vermogensbeheer B.V. lifted its stake in shares of Autodesk by 1.5% in the 3rd quarter. Mn Services Vermogensbeheer B.V. now owns 80,600 shares of the software company’s stock valued at $25,604,000 after purchasing an additional 1,200 shares during the last quarter. Westfuller Advisors LLC purchased a new stake in Autodesk in the 3rd quarter valued at about $123,000. Tranquilli Financial Advisor LLC purchased a new stake in Autodesk in the 3rd quarter valued at about $206,000. Teacher Retirement System of Texas lifted its position in Autodesk by 102.1% in the third quarter. Teacher Retirement System of Texas now owns 357,813 shares of the software company’s stock valued at $113,666,000 after buying an additional 180,758 shares during the last quarter. Finally, Grandfield & Dodd LLC boosted its stake in Autodesk by 0.3% during the third quarter. Grandfield & Dodd LLC now owns 144,530 shares of the software company’s stock worth $45,913,000 after buying an additional 493 shares during the period. Institutional investors and hedge funds own 90.24% of the company’s stock.
Key Stories Impacting Autodesk
Here are the key news stories impacting Autodesk this week:
- Positive Sentiment: Company announced a global restructuring and said it has raised its financial outlook, framing the 7% reduction as a move to streamline customer engagement and improve long‑term efficiency. This underpins the bullish case that margin expansion and free‑cash‑flow upside could follow. Autodesk Announces Global Restructuring and Raises Financial Outlook
- Positive Sentiment: Market reaction: multiple outlets report ADSK shares jumped after the workforce‑reduction plan and guidance update, showing investors initially rewarded the cost‑savings and clearer outlook. Autodesk stock rises after announcing 7% workforce reduction, guidance update
- Positive Sentiment: Analyst support: at least one major shop (William Blair) reiterated/maintained a Buy on the thesis that restructuring improves efficiency and long‑term FCF; Rothschild also published a buy view citing market outgrowth potential. Analyst backing reduces near‑term downside from the move. Autodesk: Restructuring-Driven Efficiency, Reinforced Outlook, and Long-Term FCF Upside Support Buy Rating
- Neutral Sentiment: Earnings preview: several previews expect double‑digit bottom‑line growth into Q4 2026, so upcoming results will be key to confirm that revenue and margin trajectory justify the restructuring. Autodesk’s Q4 2026 Earnings: What to Expect
- Neutral Sentiment: Investor guidance pieces weigh whether ADSK’s risk/reward improved after the cuts — useful reading but not new facts; traders will watch upcoming quarterly results and guidance cadence. As Autodesk Slashes Jobs, Should You Buy, Sell, Or Hold ADSK Stock?
- Negative Sentiment: Layoffs coverage: major outlets report ~1,000 job cuts (about 7% of workforce), largely in sales/customer‑facing roles — this raises execution risk around customer relationships and sales momentum if not managed carefully. Autodesk to cut 1,000 workers as the tech company bets on AI
- Negative Sentiment: Further reporting (Reuters/WSJ/Fast Company) emphasizes the scale and concentration of reductions in customer‑facing teams — a potential near‑term headwind to bookings and customer service if transition is rocky. Autodesk to lay off about 7% of workforce
Autodesk Stock Performance
Autodesk (NASDAQ:ADSK – Get Free Report) last announced its quarterly earnings data on Tuesday, November 25th. The software company reported $2.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.50 by $0.17. Autodesk had a return on equity of 52.06% and a net margin of 16.09%.The business had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same period last year, the firm earned $2.17 earnings per share. The company’s revenue for the quarter was up 18.0% compared to the same quarter last year. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS and its Q4 2026 guidance at 2.590-2.67 EPS. On average, research analysts predict that Autodesk, Inc. will post 5.76 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
ADSK has been the topic of a number of research analyst reports. Wall Street Zen downgraded shares of Autodesk from a “strong-buy” rating to a “buy” rating in a research note on Sunday, September 28th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $380.00 target price on shares of Autodesk in a report on Monday, October 6th. Arete Research boosted their target price on Autodesk from $430.00 to $460.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. Wells Fargo & Company raised their price target on Autodesk from $375.00 to $380.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 26th. Finally, BMO Capital Markets lifted their price objective on Autodesk from $333.00 to $343.00 and gave the company a “market perform” rating in a research note on Wednesday, November 26th. Three investment 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. According to data from MarketBeat.com, Autodesk presently has a consensus rating of “Moderate Buy” and a consensus target price of $369.97.
Check Out Our Latest Research Report on Autodesk
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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