Autodesk, Inc. $ADSK Shares Sold by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. cut its holdings in Autodesk, Inc. (NASDAQ:ADSK) by 39.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 261,537 shares of the software company’s stock after selling 173,112 shares during the period. Royal London Asset Management Ltd. owned about 0.12% of Autodesk worth $50,848,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Quantinno Capital Management LP boosted its holdings in shares of Autodesk by 17.8% in the 1st quarter. Quantinno Capital Management LP now owns 385,572 shares of the software company’s stock valued at $92,306,000 after buying an additional 58,285 shares in the last quarter. SG Americas Securities LLC raised its stake in Autodesk by 158.4% during the 1st quarter. SG Americas Securities LLC now owns 272,548 shares of the software company’s stock worth $65,248,000 after acquiring an additional 167,064 shares in the last quarter. Man Group plc lifted its position in Autodesk by 28.6% in the fourth quarter. Man Group plc now owns 1,229,946 shares of the software company’s stock valued at $364,076,000 after acquiring an additional 273,765 shares during the last quarter. Deutsche Bank AG purchased a new stake in Autodesk in the second quarter valued at $322,851,000. Finally, Seilern Investment Management Ltd boosted its stake in Autodesk by 11.0% in the second quarter. Seilern Investment Management Ltd now owns 227,675 shares of the software company’s stock valued at $44,265,000 after acquiring an additional 22,547 shares in the last quarter. 90.24% of the stock is owned by hedge funds and other institutional investors.

Autodesk Trading Down 3.7%

Shares of Autodesk stock opened at $260.66 on Friday. Autodesk, Inc. has a 1 year low of $185.50 and a 1 year high of $329.09. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.83 and a current ratio of 0.83. The company has a market capitalization of $55.00 billion, a P/E ratio of 33.72, a PEG ratio of 1.60 and a beta of 1.29. The company’s fifty day moving average is $225.93 and its two-hundred day moving average is $232.29.

Autodesk (NASDAQ:ADSK) last announced its earnings results on Thursday, August 27th. The software company reported $3.30 EPS for the quarter, beating analysts’ consensus estimates of $3.12 by $0.18. Autodesk had a net margin of 21.08% and a return on equity of 60.27%. The business had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $2.01 billion. During the same period in the prior year, the company earned $2.62 earnings per share. The business’s revenue was up 16.1% compared to the same quarter last year. Autodesk has set its FY 2027 guidance at 12.520-12.600 EPS and its Q3 2027 guidance at 3.040-3.090 EPS. Analysts forecast that Autodesk, Inc. will post 9.7 earnings per share for the current year.

Key Headlines Impacting Autodesk

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Autodesk reported fiscal Q2 revenue of $2.05 billion, up 16% year over year, and adjusted EPS of $3.30, exceeding analyst expectations of $2.01 billion and $3.12, respectively. Growth was supported by strong renewals, cloud sales, construction activity and operating leverage. Autodesk fiscal 2027 second-quarter results
• Positive Sentiment: The company raised fiscal 2027 billings and revenue expectations, with full-year revenue guidance of approximately $8.6 billion to $8.7 billion. Management highlighted artificial intelligence, sales productivity and the MaintainX acquisition as longer-term growth drivers. Autodesk raises fiscal 2027 billings outlook
• Positive Sentiment: Several analysts remain constructive. BTIG reaffirmed a Buy rating with a $300 target, Bank of America maintained its Buy rating and $300 target, while BNP Paribas Exane raised its target to $300. Analysts cited subscription momentum and expectations that margins can improve despite MaintainX-related costs. Analyst rating coverage
• Neutral Sentiment: Autodesk is expanding its AI strategy and operations-management offerings through MaintainX. While these initiatives could broaden the company’s addressable market, investors are assessing execution risks and the timing of financial benefits.
• Negative Sentiment: Fiscal Q3 adjusted EPS guidance of $3.04 to $3.09 was below Wall Street expectations. The outlook for operating margins and costs was also viewed as cautious, raising concerns that acquisition expenses and AI investment could pressure near-term profitability. Autodesk quarterly profit forecast
• Negative Sentiment: The mixed outlook prompted profit-taking after the earnings beat. Although full-year revenue and EPS guidance exceeded some consensus measures, investors appeared more focused on the weaker quarterly profit outlook and margin trajectory.

Insider Activity at Autodesk

In related news, Director John T. Cahill bought 2,000 shares of the stock in a transaction on Tuesday, June 23rd. The shares were bought at an average cost of $189.20 per share, for a total transaction of $378,400.00. Following the purchase, the director owned 4,000 shares of the company’s stock, valued at $756,800. This trade represents a 100.00% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Janesh Moorjani bought 2,500 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was bought at an average cost of $197.67 per share, for a total transaction of $494,175.00. Following the acquisition, the executive vice president owned 50,993 shares of the company’s stock, valued at approximately $10,079,786.31. This trade represents a 5.16% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.14% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on ADSK. Guggenheim raised their price objective on Autodesk from $277.00 to $283.00 and gave the stock a “buy” rating in a report on Friday. Wall Street Zen downgraded Autodesk from a “buy” rating to a “hold” rating in a report on Saturday. Zacks Research cut Autodesk from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 14th. Weiss Ratings downgraded Autodesk from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 10th. Finally, Barclays reaffirmed an “overweight” rating on shares of Autodesk in a research report on Wednesday, August 19th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and six have assigned 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 $321.07.

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.