John Cahill Buys 2,000 Shares of Autodesk (NASDAQ:ADSK) Stock

Autodesk, Inc. (NASDAQ:ADSK) Director John Cahill purchased 2,000 shares of the stock in a transaction dated Tuesday, June 23rd. The stock was bought at an average cost of $189.20 per share, with a total value of $378,400.00. Following the transaction, the director 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 accessible through the SEC website.

Autodesk Stock Performance

Shares of Autodesk stock opened at $192.61 on Thursday. Autodesk, Inc. has a 1 year low of $185.50 and a 1 year high of $329.09. The firm’s 50-day moving average is $229.35 and its 200 day moving average is $249.08. The stock has a market cap of $40.64 billion, a price-to-earnings ratio of 28.08, a PEG ratio of 1.16 and a beta of 1.29. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.83 and a quick ratio of 0.83.

Autodesk (NASDAQ:ADSK) last released its quarterly earnings data on Thursday, May 28th. The software company reported $2.99 earnings per share for the quarter, beating analysts’ consensus estimates of $2.84 by $0.15. The business had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.89 billion. Autodesk had a net margin of 19.49% and a return on equity of 57.14%. Autodesk’s revenue was up 18.4% compared to the same quarter last year. During the same period last year, the business earned $2.29 EPS. Autodesk has set its FY 2027 guidance at 12.400-12.650 EPS and its Q2 2027 guidance at 3.100-3.140 EPS. Sell-side analysts anticipate that Autodesk, Inc. will post 9.64 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on ADSK shares. Wolfe Research upped their price objective on Autodesk from $330.00 to $350.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. Barclays reduced their target price on Autodesk from $315.00 to $300.00 and set an “overweight” rating for the company in a report on Wednesday, May 13th. Rosenblatt Securities reaffirmed a “buy” rating and set a $330.00 price target on shares of Autodesk in a report on Monday, June 1st. Citigroup increased their price objective on Autodesk from $246.00 to $252.00 and gave the company a “neutral” rating in a research report on Friday, May 29th. Finally, BTIG Research reiterated a “buy” rating and issued a $300.00 price objective on shares of Autodesk in a report on Friday, May 29th. Two research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $326.10.

Autodesk News Summary

Here are the key news stories impacting Autodesk this week:

• Positive Sentiment: Director John Cahill bought 2,000 shares of Autodesk at $189.20, a sign of insider confidence that investors often view as supportive for the stock. Autodesk (NASDAQ:ADSK) Director John Cahill Acquires 2,000 Shares
• Positive Sentiment: BNP Paribas initiated coverage with an Outperform rating and a $295 price target, adding to Wall Street support for Autodesk. Is Autodesk (ADSK) One of the Best Big Tech Stocks to Buy According to Wall Street Analysts?
• Positive Sentiment: Autodesk committed $350 million over three years to expand free access, AI training, and certifications, which could deepen user adoption and reinforce its long-term ecosystem moat. Is Autodesk’s (ADSK) $350 Million AI Education Push Quietly Reshaping Its Ecosystem Moat?
• Positive Sentiment: The company’s recent earnings beat and solid revenue growth continue to support the broader bullish case, with analysts still expecting meaningful earnings power ahead. Autodesk stock and earnings background
• Neutral Sentiment: Autodesk also raised borrowing capacity through a revolving credit facility, which improves financial flexibility but does not directly change near-term fundamentals. Autodesk (ADSK) Raises Borrowing Capacity Through Revolving Credit Facility Adjustments

Institutional Investors Weigh In On Autodesk

Large investors have recently added to or reduced their stakes in the stock. Catalyst Financial Partners LLC lifted its holdings in shares of Autodesk by 3.8% during the 3rd quarter. Catalyst Financial Partners LLC now owns 1,023 shares of the software company’s stock valued at $325,000 after buying an additional 37 shares during the period. Piscataqua Savings Bank grew its holdings in shares of Autodesk by 33.3% in the fourth quarter. Piscataqua Savings Bank now owns 160 shares of the software company’s stock worth $47,000 after acquiring an additional 40 shares during the period. Moss Adams Wealth Advisors LLC increased its position in Autodesk by 1.0% during the fourth quarter. Moss Adams Wealth Advisors LLC now owns 4,267 shares of the software company’s stock valued at $1,263,000 after acquiring an additional 41 shares during the last quarter. Trust Point Inc. increased its position in Autodesk by 3.3% during the fourth quarter. Trust Point Inc. now owns 1,322 shares of the software company’s stock valued at $391,000 after acquiring an additional 42 shares during the last quarter. Finally, FourThought Financial Partners LLC lifted its holdings in Autodesk by 5.0% in the third quarter. FourThought Financial Partners LLC now owns 899 shares of the software company’s stock valued at $286,000 after acquiring an additional 43 shares during the period. Institutional investors own 90.24% of the company’s stock.

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.