2,084 Shares in Autodesk, Inc. $ADSK Purchased by Centaurus Financial Inc.

Centaurus Financial Inc. acquired a new stake in Autodesk, Inc. (NASDAQ:ADSK) in the second quarter, HoldingsChannel.com reports. The fund acquired 2,084 shares of the software company’s stock, valued at approximately $405,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Quantinno Capital Management LP lifted its position in Autodesk by 17.8% during the 1st quarter. Quantinno Capital Management LP now owns 385,572 shares of the software company’s stock worth $92,306,000 after buying an additional 58,285 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of Autodesk by 158.4% in the 1st quarter. SG Americas Securities LLC now owns 272,548 shares of the software company’s stock valued at $65,248,000 after acquiring an additional 167,064 shares in the last quarter. Man Group plc increased its position in shares of Autodesk by 28.6% in the fourth quarter. Man Group plc now owns 1,229,946 shares of the software company’s stock valued at $364,076,000 after acquiring an additional 273,765 shares during the last quarter. Deutsche Bank AG acquired a new stake in shares of Autodesk in the second quarter valued at about $322,851,000. Finally, Seilern Investment Management Ltd raised its holdings in Autodesk by 11.0% during the second quarter. Seilern Investment Management Ltd now owns 227,675 shares of the software company’s stock worth $44,265,000 after acquiring an additional 22,547 shares in the last quarter. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Analyst Upgrades and Downgrades

ADSK has been the subject of a number of analyst reports. Weiss Ratings downgraded Autodesk from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 10th. Citigroup upped their price objective on Autodesk from $252.00 to $269.00 and gave the stock a “neutral” rating in a research note on Thursday, August 20th. Wells Fargo & Company cut their price objective on Autodesk from $350.00 to $330.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Loop Capital decreased their target price on shares of Autodesk from $250.00 to $235.00 and set a “hold” rating for the company in a research note on Friday, May 29th. Finally, The Goldman Sachs Group assumed coverage on shares of Autodesk in a report on Tuesday, August 11th. They set a “neutral” rating and a $260.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Autodesk currently has an average rating of “Moderate Buy” and a consensus price target of $321.07.

Autodesk Price Performance

Shares of NASDAQ ADSK opened at $260.66 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.78. The business’s 50 day moving average price is $225.93 and its two-hundred day moving average price is $232.29. The company has a market cap of $55.00 billion, a PE ratio of 33.72, a price-to-earnings-growth ratio of 1.66 and a beta of 1.29. Autodesk, Inc. has a twelve month low of $185.50 and a twelve month high of $329.09.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings data on Thursday, August 27th. The software company reported $3.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.12 by $0.18. Autodesk had a return on equity of 60.27% and a net margin of 21.08%.The company had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $2.01 billion. During the same period last year, the firm posted $2.62 earnings per share. The business’s revenue was up 16.1% on a year-over-year basis. 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, analysts predict that Autodesk, Inc. will post 9.7 EPS for the current year.

Insider Buying and Selling at Autodesk

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

Key Headlines Impacting 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.

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.