Key Points
- Autodesk director Stacy Smith bought 3,435 shares on May 29 at an average price of $231.17, spending about $794,069. The purchase lifted Smith’s holdings to 26,517 shares, a 14.88% increase in ownership.
- Autodesk’s latest quarterly results beat expectations, with EPS of $2.99 versus $2.84 expected and revenue of $1.93 billion versus $1.89 billion expected. Revenue rose 18.4% year over year, and the company raised its fiscal 2027 guidance.
- Analyst sentiment remains broadly positive, with Jefferies upgrading the stock to strong-buy and the consensus rating still at Moderate Buy. However, some firms trimmed price targets, reflecting a more mixed view near term.
Autodesk, Inc. (NASDAQ:ADSK - Get Free Report) Director Stacy Smith purchased 3,435 shares of the business's stock in a transaction dated Friday, May 29th. The stock was purchased at an average price of $231.17 per share, for a total transaction of $794,068.95. Following the completion of the acquisition, the director owned 26,517 shares of the company's stock, valued at approximately $6,129,934.89. This represents a 14.88% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link.
Autodesk Stock Performance
ADSK opened at $231.31 on Friday. The business's 50-day simple moving average is $238.52 and its 200 day simple moving average is $260.41. The firm has a market capitalization of $48.84 billion, a PE ratio of 33.72, a PEG ratio of 1.55 and a beta of 1.32. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.85 and a current ratio of 0.85. Autodesk, Inc. has a 52-week low of $214.10 and a 52-week high of $329.09.
Autodesk (NASDAQ:ADSK - Get Free Report) last announced its quarterly earnings results on Thursday, May 28th. The software company reported $2.99 earnings per share for the quarter, topping analysts' consensus estimates of $2.84 by $0.15. Autodesk had a return on equity of 58.65% and a net margin of 19.49%.The firm had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.89 billion. During the same quarter in the previous year, the business earned $2.29 earnings per share. The business'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. As a group, sell-side analysts expect that Autodesk, Inc. will post 9.35 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
ADSK has been the subject of several recent research reports. Piper Sandler cut their price target on Autodesk from $383.00 to $369.00 and set an "overweight" rating for the company in a research note on Friday. Jefferies Financial Group upgraded Autodesk to a "strong-buy" rating in a research note on Tuesday. Stifel Nicolaus cut their price target on Autodesk from $375.00 to $285.00 and set a "buy" rating for the company in a research note on Monday, February 23rd. Rosenblatt Securities cut their price target on Autodesk from $375.00 to $330.00 and set a "buy" rating for the company in a research note on Tuesday, February 24th. Finally, Robert W. Baird cut their price target on Autodesk from $355.00 to $312.00 and set an "outperform" rating for the company in a research note on Friday, April 17th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $327.75.
View Our Latest Report on Autodesk
Institutional Investors Weigh In On Autodesk
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Torren Management LLC bought a new stake in Autodesk during the fourth quarter worth $25,000. Measured Wealth Private Client Group LLC bought a new position in shares of Autodesk in the 3rd quarter valued at $25,000. Kemnay Advisory Services Inc. bought a new position in shares of Autodesk in the 4th quarter valued at $25,000. Archer Investment Corp increased its holdings in Autodesk by 112.2% in the fourth quarter. Archer Investment Corp now owns 87 shares of the software company's stock valued at $26,000 after purchasing an additional 46 shares during the period. Finally, Prosperity Bancshares Inc acquired a new stake in Autodesk in the fourth quarter valued at $27,000. 90.24% of the stock is currently owned by institutional investors.
Autodesk News Roundup
Here are the key news stories impacting Autodesk this week:
- Positive Sentiment: Autodesk beat first-quarter estimates, with revenue rising 18% year over year and EPS coming in above consensus, showing continued demand across construction, manufacturing, and AI-driven workflows.
- Positive Sentiment: The company raised fiscal 2027 guidance, which signals management confidence in continued growth and margin expansion.
- Positive Sentiment: DA Davidson reaffirmed its Buy rating and set a $325 price target, implying significant upside from current levels.
- Positive Sentiment: BTIG also reiterated a Buy rating, while Wells Fargo maintained an Overweight view and Piper Sandler kept an Overweight rating, suggesting Street confidence remains intact.
- Neutral Sentiment: Autodesk announced it will present at upcoming investor conferences, which may keep investor attention on the name but is not an immediate catalyst.
- Negative Sentiment: Shares are weaker because investors are worried the MaintainX acquisition could create execution risk, integration challenges, and pressure on margins and financing.
- Negative Sentiment: Some analysts trimmed price targets, including BMO Capital, Loop Capital, Wells Fargo, and Piper Sandler, reflecting a more cautious stance after the deal announcement.
Autodesk Company Profile
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
