Kepler Cheuvreux Suisse SA Sells 23,001 Shares of Autodesk, Inc. $ADSK

Kepler Cheuvreux Suisse SA decreased its position in shares of Autodesk, Inc. (NASDAQ:ADSK) by 39.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 35,495 shares of the software company’s stock after selling 23,001 shares during the quarter. Kepler Cheuvreux Suisse SA’s holdings in Autodesk were worth $10,507,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in ADSK. Rakuten Investment Management Inc. acquired a new stake in Autodesk during the third quarter worth about $268,649,000. Wellington Management Group LLP grew its stake in Autodesk by 326.9% during the third quarter. Wellington Management Group LLP now owns 918,010 shares of the software company’s stock worth $291,624,000 after buying an additional 702,974 shares in the last quarter. First Trust Advisors LP grew its stake in Autodesk by 197.1% during the third quarter. First Trust Advisors LP now owns 910,768 shares of the software company’s stock worth $289,324,000 after buying an additional 604,235 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in Autodesk by 18.9% during 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 buying an additional 564,136 shares in the last quarter. Finally, Two Sigma Investments LP grew its stake in Autodesk by 51,159.6% during the third quarter. Two Sigma Investments LP now owns 512,596 shares of the software company’s stock worth $162,836,000 after buying an additional 511,596 shares in the last quarter. Institutional investors own 90.24% of the company’s stock.

Autodesk Stock Performance

NASDAQ:ADSK opened at $244.50 on Monday. The stock has a market cap of $51.62 billion, a P/E ratio of 46.66, a price-to-earnings-growth ratio of 1.62 and a beta of 1.32. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.82. The stock’s 50-day moving average is $242.28 and its 200-day moving average is $267.54. Autodesk, Inc. has a 1-year low of $214.10 and a 1-year high of $329.09.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings results on Thursday, February 26th. The software company reported $2.85 earnings per share for the quarter, topping the consensus estimate of $2.64 by $0.21. The company had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $1.91 billion. Autodesk had a return on equity of 53.51% and a net margin of 15.60%.The business’s quarterly revenue was up 19.4% compared to the same quarter last year. During the same period in the previous year, the business posted $2.29 earnings per share. Autodesk has set its FY 2027 guidance at 12.290-12.560 EPS and its Q1 2027 guidance at 2.820-2.860 EPS. Equities research analysts anticipate that Autodesk, Inc. will post 9.35 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on ADSK shares. Royal Bank Of Canada decreased their target price on Autodesk from $340.00 to $335.00 and set an “outperform” rating on the stock in a research report on Friday, February 27th. Morgan Stanley reiterated an “overweight” rating on shares of Autodesk in a research report on Wednesday, March 18th. UBS Group decreased their target price on Autodesk from $400.00 to $290.00 and set a “buy” rating on the stock in a research report on Monday, February 23rd. Wolfe Research lifted their target price on Autodesk from $330.00 to $350.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. Finally, Robert W. Baird decreased their target price on Autodesk from $355.00 to $312.00 and set an “outperform” rating on the stock in a research report on Friday, April 17th. Three 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 stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $335.93.

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.