Strengthening Families & Communities LLC boosted its stake in shares of Autodesk, Inc. (NASDAQ:ADSK – Free Report) by 3,951.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 7,860 shares of the software company’s stock after buying an additional 7,666 shares during the period. Strengthening Families & Communities LLC’s holdings in Autodesk were worth $2,481,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of ADSK. Vanguard Group Inc. raised its stake in shares of Autodesk by 0.9% in the second quarter. Vanguard Group Inc. now owns 20,963,515 shares of the software company’s stock valued at $6,489,675,000 after acquiring an additional 180,596 shares during the period. State Street Corp grew its holdings in Autodesk by 1.8% during the 2nd quarter. State Street Corp now owns 10,086,995 shares of the software company’s stock valued at $3,122,631,000 after purchasing an additional 174,247 shares during the last quarter. Loomis Sayles & Co. L P raised its position in Autodesk by 1.5% in the 2nd quarter. Loomis Sayles & Co. L P now owns 5,831,447 shares of the software company’s stock worth $1,805,241,000 after purchasing an additional 88,066 shares during the period. Geode Capital Management LLC raised its position in Autodesk by 15.1% in the 2nd quarter. Geode Capital Management LLC now owns 5,606,264 shares of the software company’s stock worth $1,730,415,000 after purchasing an additional 734,449 shares during the period. Finally, Massachusetts Financial Services Co. MA lifted its stake in Autodesk by 18.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 3,544,520 shares of the software company’s stock worth $1,125,988,000 after purchasing an additional 564,136 shares during the last quarter. 90.24% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of research analysts have recently commented on the company. KeyCorp reaffirmed an “overweight” rating on shares of Autodesk in a research note on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft raised Autodesk from a “hold” rating to a “buy” rating and upped their price objective for the company from $345.00 to $375.00 in a research report on Wednesday, November 26th. The Goldman Sachs Group increased their target price on Autodesk from $320.00 to $330.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 26th. Weiss Ratings reissued a “hold (c+)” rating on shares of Autodesk in a research note on Wednesday, January 21st. Finally, Redburn Partners set a $375.00 price target on shares of Autodesk in a report on Friday, January 9th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Autodesk has a consensus rating of “Moderate Buy” and a consensus price target of $371.31.
Key Headlines Impacting Autodesk
Here are the key news stories impacting Autodesk this week:
- Positive Sentiment: J.P. Morgan upgraded ADSK from “neutral” to “overweight” and set a $319 price target (about ~25% upside from recent levels), citing AI-driven demand for design software and calling this a “buy the dip” opportunity. This upgrade is the primary catalyst for the stock’s upward move today. JPMorgan upgrade coverage
- Positive Sentiment: Autodesk is executing cost realignment — earlier this quarter the company announced a ~7% workforce reduction to free up spending for cloud and AI initiatives. Investors often view targeted cuts that fund higher?growth areas as margin and execution positives if product investment accelerates. Workforce cut coverage
- Neutral Sentiment: Autodesk scheduled its Q4 FY2026 earnings conference call for Feb. 26 — investors will be watching revenue, margin progress, and any commentary on AI product monetization and subscription growth. The call timing can cause short?term trading before the print. Earnings call notice
- Neutral Sentiment: Market writeups noted ADSK closed higher today vs. the prior session, a direct reflection of the analyst upgrade and coverage. Short?term price moves are being reported in market summaries. Zacks price recap
- Neutral Sentiment: Reported short?interest data appears to show zero shares (and NaN changes), likely a reporting anomaly; current days?to?cover metrics are effectively meaningless until corrected. This looks like a data glitch rather than a real change in short positioning.
Autodesk Price Performance
ADSK opened at $255.57 on Tuesday. The company has a market capitalization of $54.18 billion, a price-to-earnings ratio of 49.53, a PEG ratio of 2.05 and a beta of 1.45. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.86. Autodesk, Inc. has a 12-month low of $232.67 and a 12-month high of $329.09. The business’s fifty day simple moving average is $286.93 and its 200-day simple moving average is $298.67.
Autodesk (NASDAQ:ADSK – Get Free Report) last released its quarterly earnings data on Tuesday, November 25th. The software company reported $2.67 earnings per share 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 firm had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the previous year, the company posted $2.17 earnings per share. The firm’s quarterly revenue was up 18.0% on a year-over-year basis. 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, equities research analysts anticipate that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.
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.
See Also
- Five stocks we like better than Autodesk
- The day the gold market broke
- Forget AI, This Will Be the Next Big Tech Breakthrough
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
- Gold’s getting scarce.
- End of America Update
Want to see what other hedge funds are holding ADSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Autodesk, Inc. (NASDAQ:ADSK – Free Report).
Receive News & Ratings for Autodesk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autodesk and related companies with MarketBeat.com's FREE daily email newsletter.
