Caitlin John LLC Acquires New Position in Autodesk, Inc. $ADSK

Caitlin John LLC acquired a new stake in Autodesk, Inc. (NASDAQ:ADSK) in the second quarter, HoldingsChannel.com reports. The fund acquired 4,200 shares of the software company’s stock, valued at approximately $817,000.

Other institutional investors have also bought and sold shares of the company. Measured Wealth Private Client Group LLC acquired a new position in Autodesk during the third quarter worth $25,000. Torren Management LLC acquired a new stake in shares of Autodesk in the 4th quarter worth $25,000. Kemnay Advisory Services Inc. acquired a new stake in shares of Autodesk in the 4th quarter worth $25,000. Archer Investment Corp raised its holdings in shares of Autodesk by 112.2% during the 4th quarter. Archer Investment Corp now owns 87 shares of the software company’s stock worth $26,000 after acquiring an additional 46 shares during the period. Finally, Prosperity Bancshares Inc purchased a new position in shares of Autodesk during the 4th quarter worth $27,000. 90.24% of the stock is owned by hedge funds and other institutional investors.

Autodesk Trading Up 6.2%

NASDAQ ADSK opened at $270.58 on Friday. The firm’s 50-day moving average is $224.60 and its two-hundred day moving average is $232.09. Autodesk, Inc. has a 12 month low of $185.50 and a 12 month high of $329.09. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.83 and a quick ratio of 0.83. The stock has a market capitalization of $57.09 billion, a P/E ratio of 39.44, a PEG ratio of 1.56 and a beta of 1.29.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings results on Thursday, August 27th. The software company reported $3.30 earnings per share for the quarter, beating analysts’ consensus estimates of $3.12 by $0.18. The business had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $2.01 billion. Autodesk had a net margin of 19.49% and a return on equity of 57.14%. The business’s revenue for the quarter was up 16.1% on a year-over-year basis. During the same period last year, the business earned $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. On average, sell-side analysts anticipate that Autodesk, Inc. will post 9.7 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ADSK has been the subject of a number of analyst reports. Piper Sandler dropped their price objective on shares of Autodesk from $383.00 to $369.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Barclays reaffirmed an “overweight” rating on shares of Autodesk in a research note on Wednesday, August 19th. Jefferies Financial Group upgraded shares of Autodesk to a “strong-buy” rating in a report on Tuesday, May 26th. Citigroup increased their price target on shares of Autodesk from $252.00 to $269.00 and gave the company a “neutral” rating in a research note on Thursday, August 20th. Finally, Morgan Stanley cut their price target on shares of Autodesk from $350.00 to $315.00 and set an “overweight” rating for the company in a report on Tuesday, May 26th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $321.65.

Insider Buying and Selling

In other news, EVP Janesh Moorjani bought 2,500 shares of the business’s stock in a transaction on Monday, June 15th. The shares were bought at an average price of $197.67 per share, with a total value of $494,175.00. Following the completion of the transaction, the executive vice president directly owned 50,993 shares in the company, valued at $10,079,786.31. This trade represents a 5.16% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John T. Cahill purchased 2,000 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The shares were purchased at an average price of $189.20 per share, for a total transaction of $378,400.00. Following the completion of the purchase, the director directly owned 4,000 shares of the company’s stock, valued at $756,800. This represents a 100.00% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.14% of the company’s stock.

Key Autodesk News

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Quarterly results exceeded expectations: Autodesk reported adjusted earnings of $3.30 per share versus the $3.12 consensus estimate, while revenue rose 16.1% year over year to $2.05 billion, ahead of the $2.01 billion forecast. Earnings also increased from $2.62 per share in the prior-year quarter. Autodesk Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Full-year outlook was raised: Autodesk now expects fiscal 2027 adjusted EPS of $12.52-$12.60, above the $12.02 analyst consensus, and revenue of $8.6-$8.7 billion versus the $8.2 billion consensus. The outlook suggests continued demand for its design and engineering software. Autodesk Posts Strong Q2 Results, Raises 2027 Outlook
• Positive Sentiment: Growth remained broad and strategically supported: Management highlighted AI-powered project intelligence and connected data as tools that could improve customer productivity and help address labor shortages. Revenue growth was 14% on a constant-currency basis. Autodesk Fiscal 2027 Second Quarter Results
• Neutral Sentiment: Near-term guidance was mixed: Autodesk forecast third-quarter EPS of $3.04-$3.09 and revenue of approximately $2.1 billion. While some published comparisons show the EPS range above consensus, reports noted that the profit outlook fell short of higher investor expectations, pressuring the shares in after-hours trading. Autodesk Forecasts Quarterly Profit Below Wall Street Estimates
• Negative Sentiment: AI disruption remains a risk: Investors are concerned that rapidly improving AI tools could reduce the value of traditional design-software workflows or increase competitive pressure, making future growth and pricing power less certain. Autodesk Shares Slip as Q3 EPS Guidance Comes in Below Estimates

Autodesk 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.