Autodesk, Inc. $ADSK Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its stake in Autodesk, Inc. (NASDAQ:ADSK) by 10.1% during the second quarter, HoldingsChannel reports. The institutional investor owned 2,818,010 shares of the software company’s stock after selling 317,518 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Autodesk were worth $547,878,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of ADSK. BlackRock Inc. acquired a new position in shares of Autodesk in the 2nd quarter worth approximately $4,828,855,000. Bank of America Corp DE acquired a new stake in Autodesk in the 2nd quarter valued at approximately $576,727,000. Norges Bank acquired a new stake in Autodesk in the 4th quarter valued at approximately $867,480,000. Northwestern Mutual Wealth Management Co. raised its position in Autodesk by 44,345.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,280,515 shares of the software company’s stock valued at $675,055,000 after purchasing an additional 2,275,384 shares during the period. Finally, Legal & General Group Plc acquired a new position in Autodesk during the second quarter worth $422,928,000. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. BMO Capital Markets lifted their price objective on Autodesk from $262.00 to $283.00 and gave the company a “market perform” rating in a research note on Friday. UBS Group boosted their price target on shares of Autodesk from $290.00 to $325.00 and gave the stock a “buy” rating in a research note on Friday. The Goldman Sachs Group initiated coverage on shares of Autodesk in a research note on Tuesday, August 11th. They issued a “neutral” rating and a $260.00 price objective for the company. Jefferies Financial Group upgraded shares of Autodesk to a “strong-buy” rating in a report on Tuesday, May 26th. Finally, Wells Fargo & Company reduced their target price on shares of Autodesk from $350.00 to $330.00 and set an “overweight” rating on the stock in a report on Friday, May 29th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $321.07.

Insiders Place Their Bets

In other Autodesk news, EVP Janesh Moorjani acquired 2,500 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were acquired at an average price of $197.67 per share, for a total transaction of $494,175.00. Following the acquisition, the executive vice president owned 50,993 shares in the company, valued at $10,079,786.31. The trade was a 5.16% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director John T. Cahill acquired 2,000 shares of the company’s stock in a transaction on 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 acquisition, the director owned 4,000 shares of the company’s stock, valued at approximately $756,800. The trade was a 100.00% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.14% of the stock is owned by company insiders.

Autodesk News Summary

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

Shares of NASDAQ:ADSK opened at $260.66 on Monday. Autodesk, Inc. has a fifty-two week low of $185.50 and a fifty-two week high of $329.09. The firm’s 50 day moving average price is $225.93 and its 200 day moving average price is $232.22. The company has a quick ratio of 0.83, a current ratio of 0.86 and a debt-to-equity ratio of 0.59. The stock has a market cap of $55.00 billion, a price-to-earnings ratio of 33.72, a price-to-earnings-growth ratio of 1.60 and a beta of 1.29.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings results on Thursday, August 27th. The software company reported $3.30 EPS for the quarter, topping the consensus estimate of $3.12 by $0.18. Autodesk had a net margin of 21.08% and a return on equity of 58.63%. The company had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $2.01 billion. During the same quarter in the previous year, the business posted $2.62 EPS. The firm’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. As a group, equities research analysts predict that Autodesk, Inc. will post 9.7 earnings per share for the current fiscal year.

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.