Autodesk, Inc.

NASDAQ Global Select
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Somewhat Bullish +45

SG Americas Securities LLC Has $65.25 Million Stock Position in Autodesk, Inc. $ADSK - MarketBeat

📈 SG Americas Securities LLC increased its Autodesk stake by 158.4% in Q1, ending with 272,548 shares valued at $65.25 million.

🏦 Overall institutional ownership of Autodesk stands at 90.24%, with other major funds like Man Group and Robeco also increasing holdings.

💰 Autodesk reported Q1 EPS of $2.99, beating the consensus estimate of $2.84 by $0.15.

📊 Revenue reached $1.93 billion, surpassing the $1.89 billion consensus and growing 18.4% year-over-year.

🎯 Analysts maintain a 'Moderate Buy' rating with a consensus price target of $326.10.

👔 Director Stacy J. Smith bought 3,435 shares for $794,068.95, increasing her stake by 14.88%.

👩‍💼 EVP Janesh Moorjani acquired 2,500 shares for $494,175, raising her position by 5.16%.

📉 Citigroup lowered its price target to $252 with a 'neutral' rating, while Loop Capital cut its target to $235.

🚀 BNP Paribas Exane initiated coverage with an 'outperform' rating and a $295 price objective.

📈 Autodesk's stock trades at a PE ratio of 27.36 with a market cap of $39.61 billion.

🔮 The company provided FY 2027 EPS guidance ranging from $12.40 to $12.65.

💻 Core products include AutoCAD, Revit, and cloud platforms like BIM 360 serving the AEC industry.

Bullish Signals
  • Autodesk beat quarterly earnings expectations with EPS of $2.99 versus a consensus of $2.84.
  • Revenue of $1.93 billion exceeded analyst estimates of $1.89 billion, demonstrating strong demand.
  • Year-over-year revenue growth accelerated to 18.4%, indicating robust business expansion.
  • SG Americas Securities LLC significantly increased its position by 158.4% in the first quarter.
  • Major institutional investors including Man Group and Robeco boosted their stakes in the fourth quarter.
  • Director Stacy J. Smith purchased $794,068 worth of shares, signaling insider confidence.
  • EVP Janesh Moorjani acquired an additional 2,500 shares, further validating internal support.
  • BNP Paribas Exane initiated coverage with an 'outperform' rating and a $295 price target.
  • Argus Capital upgraded the stock to a 'strong-buy' rating in March.
  • The company maintains a strong balance sheet with a debt-to-equity ratio of 0.78.
Risk Factors
  • Citigroup lowered its price target from $375 to $252 and issued a 'neutral' rating.
  • Loop Capital reduced its price target to $235 and assigned a 'hold' rating.
  • Rothschild & Co Redburn cut its price target from $375 to $360 despite maintaining a 'buy' rating.
  • The stock trades below the consensus analyst price target of $326.10, suggesting potential upside but also room for correction.
Full Analysis
SG Americas Securities LLC significantly increased its Autodesk (ADSK) stake by 158.4% in the first quarter, holding 272,548 shares valued at approximately $65.25 million. This move aligns with broader institutional interest, as overall institutional ownership stands at 90.24%. Other major funds, including Man Group plc and Robeco Institutional Asset Management B.V., also boosted their positions during the fourth quarter, signaling continued confidence in the software giant. Autodesk recently reported better-than-expected quarterly results with earnings per share (EPS) of $2.99 against a consensus of $2.84, and revenue of $1.93 billion versus an estimate of $1.89 billion. The company achieved a net margin of 19.49% and returned to growth with revenue up 18.4% year-over-year. Analysts maintain a 'Moderate Buy' rating with a consensus price target of $326.10, though individual analyst targets vary from neutral to strong buy. Company insiders have also demonstrated confidence in the stock's trajectory. Director Stacy J. Smith purchased 3,435 shares for roughly $794,000, increasing her stake by nearly 15%, while EVP Janesh Moorjani acquired an additional 2,500 shares. Financial metrics show a market capitalization of $39.61 billion and a PE ratio of 27.36, with the stock trading near its 52-week high of $329.09. Autodesk continues to dominate the architecture, engineering, and construction sectors with industry-standard tools like AutoCAD and Revit, alongside cloud platforms such as BIM 360. The company has provided forward guidance for fiscal year 2027 EPS between $12.40 and $12.65, reflecting strong long-term growth expectations despite mixed analyst sentiment on immediate valuation levels.