Corient Private Wealth LP Buys Shares of 118,120 Autodesk, Inc. $ADSK

Corient Private Wealth LP purchased a new position in shares of Autodesk, Inc. (NASDAQ:ADSK) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 118,120 shares of the software company’s stock, valued at approximately $22,965,000. Corient Private Wealth LP owned approximately 0.06% of Autodesk as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Brighton Jones LLC lifted its holdings in shares of Autodesk by 14.5% in the fourth quarter. Brighton Jones LLC now owns 1,162 shares of the software company’s stock worth $343,000 after acquiring an additional 147 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in shares of Autodesk by 98.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,472 shares of the software company’s stock valued at $765,000 after purchasing an additional 1,224 shares during the last quarter. Schnieders Capital Management LLC. acquired a new position in Autodesk during the 2nd quarter worth approximately $466,000. Baird Financial Group Inc. increased its position in Autodesk by 7.5% during the 2nd quarter. Baird Financial Group Inc. now owns 10,048 shares of the software company’s stock worth $3,111,000 after purchasing an additional 701 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in Autodesk by 25.3% in the 2nd quarter. NewEdge Advisors LLC now owns 13,860 shares of the software company’s stock valued at $4,291,000 after purchasing an additional 2,795 shares during the last quarter. 90.24% of the stock is currently owned by institutional investors.

Autodesk Stock Performance

Shares of ADSK opened at $260.66 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.78. The firm’s fifty day simple moving average is $225.93 and its two-hundred day simple moving average is $232.29. Autodesk, Inc. has a 12 month low of $185.50 and a 12 month high of $329.09. The stock has a market capitalization of $55.00 billion, a P/E ratio of 33.72, a price-to-earnings-growth ratio of 1.66 and a beta of 1.29.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings data on Thursday, August 27th. The software company reported $3.30 earnings per share for the quarter, topping the consensus estimate of $3.12 by $0.18. The firm had revenue of $2.05 billion during the quarter, compared to analyst estimates of $2.01 billion. Autodesk had a return on equity of 60.27% and a net margin of 21.08%.The business’s quarterly revenue was up 16.1% on a year-over-year basis. During the same period last year, the company posted $2.62 EPS. Autodesk has set its FY 2027 guidance at 12.520-12.600 EPS and its Q3 2027 guidance at 3.040-3.090 EPS. As a group, analysts predict that Autodesk, Inc. will post 9.7 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on ADSK shares. Weiss Ratings downgraded Autodesk from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 10th. DA Davidson set a $325.00 target price on Autodesk in a report on Friday. Rosenblatt Securities reiterated a “buy” rating and issued a $330.00 target price on shares of Autodesk in a research report on Monday, June 1st. Wall Street Zen lowered Autodesk from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, UBS Group boosted their price target on Autodesk from $290.00 to $325.00 and gave the stock a “buy” rating in a report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $321.07.

Key Autodesk News

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 other Autodesk news, Director John T. Cahill bought 2,000 shares of the stock in a transaction on Tuesday, June 23rd. The stock was acquired at an average cost of $189.20 per share, for a total transaction of $378,400.00. Following the completion of the acquisition, the director owned 4,000 shares in the company, 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 available at this link. Also, EVP Janesh Moorjani purchased 2,500 shares of the company’s stock in a transaction on Monday, June 15th. The stock was acquired at an average cost of $197.67 per share, for a total transaction of $494,175.00. Following the completion of the purchase, 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. The SEC filing for this purchase provides additional information. Company insiders own 0.14% of the company’s stock.

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.