Assetmark Adds $1M in Autodesk, Inc. ($ADSK)
Assetmark added 7,230 shares of Autodesk, growing its position by 13.3% to 61,471 shares.
Key Points
- Assetmark increased its Autodesk holdings by 13.3%, adding 7,230 shares to reach 61,471 shares valued at $12.7 million.
- Autodesk shares traded near $206.60, with a market cap of $41.9 billion and a P/E ratio of 29.0.
- Insider buying at Autodesk included CEO Andrew Anagnost purchasing 52,762 shares, and analysts maintained a strong buy consensus.
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Assetmark has increased its stake in Autodesk, Inc. (NasdaqGS:ADSK) by 13.3%, adding 7,230 shares to its portfolio. This brings its total holdings to 61,471 shares, valued at approximately $12.7 million, as reported in its latest 13F filing with the SEC as of May 6, 2026.
What Changed in Assetmark's Autodesk Position
Assetmark's recent move saw its Autodesk holdings grow from 54,241 to 61,471 shares, an increase of 7,230 shares or 13.3%. This adjustment reflects a significant investment in the software company, with the total stake now valued at about $12.7 million.
Other Institutional Activity in Autodesk
In the same period, several other institutional investors adjusted their positions in Autodesk. BlackRock, Inc. reduced its holdings by 57,142 shares to a total of 21,930,594 shares, valued at around $5.25 billion. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both increased their positions, adding 13,780,084 and 8,687,613 shares respectively, with holdings valued at roughly $3.3 billion and $2.08 billion. Geode Capital Management, LLC also boosted its stake by 143,897 shares, bringing its total to 5,825,938 shares worth approximately $1.39 billion.
Autodesk, Inc. Stock Down 25.7%
Shares of Autodesk traded near $206.60. The company boasts a market cap of $41.9 billion and a P/E ratio of 29.0. Autodesk's stock has ranged from a 52-week low of $194.47 to a high of $329.09. The stock's 50-day moving average stands at $235.81, while the 200-day moving average is $271.88. The company has a beta of 1.295, indicating moderate volatility compared to the market.
$ADSK stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Autodesk reported revenue of approximately $7.51 billion, with a growth rate of 18.4%. The company's net margin was 19.5%, and it achieved a return on equity of 50.4%. The next earnings report is expected on May 28, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
5 target cuts vs 1 raises.
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EPS & revenue
EPS beat estimates by 3.1%. Revenue met estimates.
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Profit surprise
EBITDA missed by 23 percent. Operating income missed by 27 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
1 target raise, 5 target cuts.
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Earnings quality
Gross margin up 0.7 points. Operating margin up 7.3 points. Positive free cash flow.
Earnings Call Summary
Autodesk delivered a strong quarter with revenue of $1.934 billion, beating the Street consensus of $1.931 billion, though non-GAAP EPS of $2.35 missed expectations of $2.84. The company highlighted sustained momentum in construction, architecture, engineering and operations, driven by data center and infrastructure investments. Management noted that AECO and Make segments continue to drive growth, while the new transaction model transition is moving smoothly and contributing about $105 million to revenue. The company raised full year guidance and reaffirmed confidence in long-term margin expansion.
Guidance Autodesk raised its full year sales guidance to $7.025 billion to $7.075 billion, up from prior expectations. The company also raised billings guidance to $7.355 billion to $7.445 billion and increased full year free cash flow guidance to $2.2 billion to $2.275 billion. Management expects operating margins to expand to 41 percent by fiscal 2029.
Very weak report. The release materially worsened the forward outlook.
Insider Buying and Selling at Autodesk, Inc.
Recent insider activity at Autodesk includes significant buying by key executives. On April 10, 2026, several top executives, including CEO Andrew Anagnost, purchased shares. Anagnost acquired 52,762 shares, while other executives like EVP Rebecca Pearce and CFO Janesh Moorjani also made purchases.
Analysts Set New Price Targets
Analysts have maintained a positive outlook on Autodesk. On June 1, 2026, Citigroup maintained a hold rating with a $252 price target. Rosenblatt continued its buy rating, setting a target of $330. Other firms like DA Davidson and RBC Capital also maintained buy ratings with targets of $325 and $305, respectively. Overall, the consensus among 32 analysts is a strong buy, with a mean target price of $319.27.
About Autodesk, Inc.
Autodesk, Inc., headquartered in San Francisco, California, is a technology company specializing in 3D design, engineering, and entertainment software. Known for products like AutoCAD and Revit, Autodesk serves industries ranging from architecture to media. Under the leadership of CEO Dr. Andrew Anagnost, the company employs around 14,300 people globally.
Bottom Line
Assetmark's increased investment in Autodesk underscores a positive sentiment towards the company's future prospects. While 13F filings provide a snapshot of past holdings, they offer valuable insights into institutional investor behavior. With a strong analyst consensus and recent insider buying, Autodesk remains a company to watch in the tech sector.
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