Sequoia Financial Advisors LLC Sells 4,063 Shares of Autodesk, Inc. $ADSK

Sequoia Financial Advisors LLC lowered its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 38.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,591 shares of the software company’s stock after selling 4,063 shares during the period. Sequoia Financial Advisors LLC’s holdings in Autodesk were worth $1,281,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. BlackRock Inc. purchased a new stake in Autodesk in the second quarter valued at approximately $4,828,855,000. Geode Capital Management LLC increased its holdings in shares of Autodesk by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 5,682,041 shares of the software company’s stock worth $1,677,404,000 after buying an additional 123,691 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Autodesk by 5.2% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,144,627 shares of the software company’s stock valued at $752,824,000 after buying an additional 155,255 shares in the last quarter. Bank of America Corp DE purchased a new stake in shares of Autodesk during the 2nd quarter valued at $576,727,000. Finally, Norges Bank bought a new stake in shares of Autodesk during the 4th quarter worth $867,480,000. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Autodesk Price Performance

ADSK stock opened at $226.50 on Wednesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.86 and a current ratio of 0.86. The firm has a market cap of $47.34 billion, a P/E ratio of 29.30, a P/E/G ratio of 1.49 and a beta of 1.31. The firm’s fifty day moving average is $232.74 and its 200 day moving average is $232.09. Autodesk, Inc. has a 52 week low of $185.50 and a 52 week high of $326.71.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings results on Thursday, August 27th. The software company reported $3.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.12 by $0.18. The business had revenue of $2.05 billion during the quarter, compared to analyst estimates of $2.01 billion. Autodesk had a net margin of 21.08% and a return on equity of 58.63%. The company’s revenue was up 16.1% on a year-over-year basis. During the same period in the prior year, the business 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. Research analysts predict that Autodesk, Inc. will post 9.72 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director John Cahill purchased 2,000 shares of Autodesk stock in a transaction that occurred on Tuesday, June 23rd. The shares were acquired at an average cost of $189.20 per share, for a total transaction of $378,400.00. Following the transaction, the director directly owned 4,000 shares in the company, valued at $756,800. The trade was a 100.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.14% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on ADSK shares. Royal Bank Of Canada cut their target price on shares of Autodesk from $335.00 to $305.00 and set an “outperform” rating for the company in a research report on Friday, May 29th. Robert W. Baird lifted their price target on Autodesk from $312.00 to $325.00 and gave the stock an “outperform” rating in a research note on Friday, August 21st. Wall Street Zen cut Autodesk from a “buy” rating to a “hold” rating in a report on Monday. KeyCorp reiterated an “overweight” rating on shares of Autodesk in a report on Wednesday, August 19th. Finally, Rothschild & Co Redburn decreased their price objective on Autodesk from $375.00 to $360.00 and set a “buy” rating on the stock in a report on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, Autodesk has an average rating of “Moderate Buy” and a consensus target price of $317.88.

More Autodesk News

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Autodesk previewed new agentic-AI capabilities across its Forma, Fusion and Flow industry clouds. The tools are designed to connect project data, workflows and context, potentially increasing customer productivity and strengthening Autodesk’s cloud-platform ecosystem. Autodesk Advances Agentic AI in Its Three Industry Clouds
• Positive Sentiment: The company is extending Autodesk Assistant into a standalone experience intended to help customers access project information and complete tasks across design, engineering, construction, manufacturing and media workflows. A broader rollout and regional availability are expected in 2027, offering a potential future monetization opportunity. Autodesk Extends Reach of AI With Standalone Assistant
• Neutral Sentiment: Cantor Fitzgerald initiated coverage with a Neutral rating, citing concerns about Autodesk’s near-term AI outlook. The rating suggests the new products may support long-term growth, but investors may need evidence of adoption, revenue contribution and improved profitability before assigning a higher valuation. Autodesk Initiated With Neutral Rating Due to Near-Term AI Concerns
• Negative Sentiment: Wall Street Zen downgraded Autodesk to Hold, adding to the cautious analyst tone and reinforcing concerns that the stock’s valuation may already reflect optimism surrounding AI and cloud growth. Wall Street Zen Downgrades Autodesk to Hold

Autodesk Profile

Autodesk, Inc develops software and cloud-based services for people and organizations that design, make and manage products, buildings, infrastructure and digital media. Its tools are used across architecture, engineering, construction, manufacturing, product design, media and entertainment, and related industries.

The company is best known for AutoCAD, its computer-aided design platform. Its broader portfolio includes Revit for building information modeling, Civil 3D for civil engineering, Inventor and Fusion for product design and manufacturing, Maya and 3ds Max for animation and visual effects, and construction-focused products such as Autodesk Construction Cloud.