Napean Trading & Investment Co Singapore PTE Ltd increased its holdings in Autodesk, Inc. (NASDAQ:ADSK – Free Report) by 22.8% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,786 shares of the software company’s stock after buying an additional 3,115 shares during the period. Napean Trading & Investment Co Singapore PTE Ltd’s holdings in Autodesk were worth $5,332,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in ADSK. Bridgewater Advisors Inc. increased its stake in Autodesk by 2.2% in the 2nd quarter. Bridgewater Advisors Inc. now owns 1,567 shares of the software company’s stock worth $474,000 after acquiring an additional 34 shares during the last quarter. Clarity Wealth Advisors LLC grew its holdings in shares of Autodesk by 2.3% during the second quarter. Clarity Wealth Advisors LLC now owns 1,535 shares of the software company’s stock worth $475,000 after purchasing an additional 35 shares in the last quarter. Patron Partners LLC grew its holdings in shares of Autodesk by 0.8% during the third quarter. Patron Partners LLC now owns 4,295 shares of the software company’s stock worth $1,364,000 after purchasing an additional 35 shares in the last quarter. Fulton Bank N.A. increased its position in shares of Autodesk by 4.6% in the third quarter. Fulton Bank N.A. now owns 812 shares of the software company’s stock worth $258,000 after purchasing an additional 36 shares during the last quarter. Finally, Wedbush Securities Inc. raised its stake in Autodesk by 2.6% in the second quarter. Wedbush Securities Inc. now owns 1,484 shares of the software company’s stock valued at $459,000 after purchasing an additional 37 shares in the last quarter. Institutional investors own 90.24% of the company’s stock.
Autodesk News Roundup
Here are the key news stories impacting Autodesk this week:
- Positive Sentiment: Autodesk led a $1B financing for World Labs and directly invested $200 million, highlighting a strategic push into advanced AI research that could support long-term product differentiation and address AI-related market concerns. Autodesk (ADSK) Invests $200 Million in World Labs
- Positive Sentiment: Morgan Stanley reiterated a bullish stance (Buy/Overweight) citing strong demand, margin expansion potential and limited AI-disruption risk, which supports a longer-term constructive view on revenue and profitability. Autodesk: Buy Rating Backed by Strong Demand Outlook, Margin Expansion, and Limited AI Disruption Risk
- Neutral Sentiment: Pre-earnings coverage is digging into key Q4 metrics and estimates beyond headline revenue/EPS, which could increase volatility around the upcoming results and guide investor focus to subscription metrics and margin trajectories. Gear Up for Autodesk (ADSK) Q4 Earnings: Wall Street Estimates for Key Metrics
- Negative Sentiment: Analysts are trimming price targets: Stifel lowered its PT to $285 (still a Buy) and Morgan Stanley cut its PT to $350 (keeps Overweight). PT cuts, even with maintained ratings, signal moderated upside expectations and can weigh on near-term sentiment. Stifel adjusts price target on Autodesk to $285
- Negative Sentiment: Loop Capital cut its price target to $250, adding to the downward pressure from lowered analyst targets and reinforcing a more cautious near-term view. Loop Capital Cuts Autodesk Price Target to $250
- Negative Sentiment: Broader sector dynamics: Canva’s recent acquisitive moves and market commentary highlight that public software stocks are being punished amid AI concerns — a sector-wide force likely contributing to Autodesk’s weakness today. As Wall Street punishes software stocks over AI concerns, Canva gets more acquisitive
Autodesk Price Performance
Autodesk (NASDAQ:ADSK – Get Free Report) last posted its quarterly earnings results on Tuesday, November 25th. The software company reported $2.67 earnings per share for the quarter, topping the consensus estimate of $2.50 by $0.17. Autodesk had a net margin of 16.09% and a return on equity of 52.06%. The business 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 firm posted $2.17 earnings per share. The firm’s revenue for the quarter was up 18.0% on a year-over-year basis. Research analysts predict that Autodesk, Inc. will post 5.76 earnings per share for the current year.
Analyst Ratings Changes
A number of equities analysts have commented on ADSK shares. Morgan Stanley cut their price target on shares of Autodesk from $385.00 to $350.00 and set an “overweight” rating for the company in a research note on Monday. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $340.00 price objective on shares of Autodesk in a report on Wednesday, February 11th. Rothschild & Co Redburn set a $375.00 target price on shares of Autodesk in a research report on Friday, January 9th. Robert W. Baird increased their target price on Autodesk from $367.00 to $377.00 and gave the company an “outperform” rating in a research note on Wednesday, November 26th. Finally, Macquarie Infrastructure lifted their price target on Autodesk from $380.00 to $400.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 26th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Autodesk presently has a consensus rating of “Moderate Buy” and a consensus target price of $350.57.
Check Out Our Latest Report on ADSK
About Autodesk
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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