Autodesk, Inc.

NASDAQ Global Select
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Bullish +65

Krilogy Financial LLC Sells 6,134 Shares of Autodesk, Inc. $ADSK - MarketBeat

📈 Autodesk reported strong quarterly results with EPS of $2.99 beating estimates and revenue of $1.93 billion rising 18.4% year over year.

🏦 Institutional ownership remains high at 90.24%, though investor positions are mixed with Krilogy Financial LLC cutting its stake by 80.1% while SG Americas Securities LLC increased holdings by 158.4%.

📊 Analyst consensus is Moderate Buy with an average price target of $326.10, supported by recent upgrades from Jefferies and BTIG Research.

💼 Corporate insiders are bullish, with EVP Janesh Moorjani buying $494k worth of shares and Director John T. Cahill doubling his position to 4,000 shares.

📉 The stock recently pulled back, trading below its 50-day ($227.71) and 200-day ($247.52) moving averages with a market cap of $41.41 billion.

🔮 Company guidance for FY 2027 EPS is set between $12.40 and $12.65, indicating continued growth expectations.

Bullish Signals
  • Autodesk beat earnings estimates with EPS of $2.99 versus the consensus of $2.84.
  • Revenue grew 18.4% year over year to reach $1.93 billion, exceeding analyst forecasts.
  • The company achieved a high return on equity of 57.14% and a net margin of 19.49%.
  • Analysts have issued multiple upgrades including Jefferies Financial Group upgrading to Strong Buy and BTIG Research restating a Buy rating.
  • SG Americas Securities LLC significantly increased its position by 158.4%, acquiring an additional 167,064 shares.
  • Corporate insiders are actively buying stock, with EVP Janesh Moorjani purchasing $494,175 worth of shares and Director John T. Cahill doubling his stake.
  • The consensus price target of $326.10 suggests significant upside potential from current levels.
Risk Factors
  • Krilogy Financial LLC reduced its Autodesk stake by 80.1%, selling 6,134 shares and ending with a position worth only $370,000.
  • The stock has recently pulled back, trading below both its 50-day simple moving average of $227.71 and its 200-day simple moving average of $247.52.
Full Analysis
Autodesk (NASDAQ: ADSK) reported strong quarterly financial results, beating analyst expectations for both earnings per share and revenue. The company posted EPS of $2.99 against a consensus estimate of $2.84, while revenue reached $1.93 billion, surpassing the forecast of $1.89 billion. This represents an 18.4% year-over-year increase in revenue, driven by robust performance across its design and creation tools for architecture, engineering, construction, manufacturing, and media industries. Despite a recent stock pullback, Wall Street analysts maintain a broadly positive outlook on Autodesk with a consensus rating of Moderate Buy and an average price target of $326.10. Recent institutional activity highlights divergent strategies among major investors; while Krilogy Financial LLC significantly reduced its stake by 80.1%, selling over 6,000 shares, several other large funds increased their positions. Notably, SG Americas Securities LLC raised its holding by 158.4% to own over 272,000 shares valued at $65.2 million. Analyst sentiment remains constructive with multiple upgrades and price target revisions following the earnings beat. Jefferies Financial Group upgraded the stock to a Strong Buy, BTIG Research restated its Buy rating with a $300 objective, and DA Davidson issued a Buy rating with a $325 target. Additionally, corporate insiders have been active buyers, with EVP Janesh Moorjani purchasing 2,500 shares and Director John T. Cahill doubling his position to 4,000 shares in recent transactions.