Centaurus Financial Inc. acquired a new stake in Autodesk, Inc. (NASDAQ:ADSK – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 2,084 shares of the software company’s stock, valued at approximately $405,000.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Quantinno Capital Management LP grew its position in shares of Autodesk by 17.8% in the 1st quarter. Quantinno Capital Management LP now owns 385,572 shares of the software company’s stock valued at $92,306,000 after buying an additional 58,285 shares during the last quarter. SG Americas Securities LLC boosted its stake in Autodesk by 158.4% in the first 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 boosted its stake in 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 in the last quarter. Deutsche Bank AG purchased a new position in shares of Autodesk during the second quarter worth about $322,851,000. Finally, Seilern Investment Management Ltd grew its holdings in shares of 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 purchasing an additional 22,547 shares during the last quarter. Institutional investors own 90.24% of the company’s stock.
Insider Activity at Autodesk
In related news, EVP Janesh Moorjani bought 2,500 shares of the stock in a transaction on Monday, June 15th. The shares were bought at an average cost of $197.67 per share, for a total transaction of $494,175.00. Following the purchase, the executive vice president owned 50,993 shares of the company’s stock, valued at $10,079,786.31. This trade represents a 5.16% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director John T. Cahill bought 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 acquisition, the director owned 4,000 shares of the company’s stock, valued at approximately $756,800. This trade represents a 100.00% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.14% of the company’s stock.
Analysts Set New Price Targets
View Our Latest Report on ADSK
Autodesk Price Performance
Shares of NASDAQ:ADSK opened at $260.66 on Friday. Autodesk, Inc. has a one year low of $185.50 and a one year high of $329.09. The stock has a market capitalization of $55.00 billion, a price-to-earnings ratio of 33.72, a PEG ratio of 1.66 and a beta of 1.29. The company has a 50-day simple moving average of $225.93 and a 200-day simple moving average of $232.29. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.83 and a current ratio of 0.83.
Autodesk (NASDAQ:ADSK – Get Free Report) last released its quarterly earnings results on Thursday, August 27th. The software company reported $3.30 earnings per share (EPS) 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 60.27% and a net margin of 21.08%.The business’s revenue was up 16.1% on a year-over-year basis. During the same quarter last 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, analysts predict that Autodesk, Inc. will post 9.7 EPS for the current year.
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 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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