Oppenheimer Rates Autodesk Stock as ‘Outperform’ with Promising Analyst Reviews
Recent analyst forecasts for Autodesk, Inc. ($ADSK) indicate a positive outlook. Oppenheimer has assigned an ‘Outperform’ rating on the stock.
Analyst Ratings Overview for $ADSK
In recent months, Wall Street analysts have been active in evaluating $ADSK. Four firms have issued buy ratings while none have recommended selling. This trend reflects a consensus of optimism among analysts.
Recent analyst ratings include:
- Oppenheimer: “Outperform” on 04/24/2025
- Piper Sandler: “Overweight” on 01/08/2025
- UBS: “Buy” on 12/02/2024
- Citigroup: “Buy” on 11/21/2024
Price Targets for $ADSK
Multiple analysts have recently provided price targets for $ADSK. Over the last six months, seven analysts have set targets, yielding a median goal of $330.00.
Here are some notable price targets:
- Clarke Jeffries (Piper Sandler): $357.00 on 01/08/2025
- Adam Borg (Stifel Nicolaus): $360.00 on 12/18/2024
- Taylor McGinnis (UBS): $350.00 on 12/02/2024
- Stephen Bersey (HSBC): $290.00 on 11/29/2024
- Daniel Jester (BMO Capital): $308.00 on 11/27/2024
- Blair Abernethy (Rosenblatt Securities): $325.00 on 11/27/2024
- Joe Vruwink (Robert W. Baird): $330.00 on 11/18/2024
Congressional Trading Activity for $ADSK
In the past six months, members of Congress have traded $ADSK stock three times, with two purchases and one sale recorded.
The breakdown of congressional trading includes:
Recent transactions demonstrate a mix of activities related to $ADSK among lawmakers.
Insider Trading Activities for $ADSK
Insiders at Autodesk have engaged in trading 6 times over the last six months. This includes one purchase and five sales.
The following highlights notable insider transactions:
- Lorrie M Norrington: 2 sales totaling 3,556 shares for approximately $1,086,873.
- Stephen W. Hope (SVP & Chief Accounting Officer): 2 sales of 2,509 shares for about $670,282.
- John T. Cahill: Purchased 2,000 shares for an estimated $534,194.
- Mary T. McDowell: Sold 550 shares for approximately $167,783.
Hedge Fund Activity Related to $ADSK
Recent data reveals that 557 institutional investors increased their holdings in $ADSK, while 559 institutions decreased their positions during the latest quarter.
Here are some significant movements among institutional investors:
- Massachusetts Financial Services Co /MA/: Added 2,307,960 shares (+406.8%) in Q4 2024, valued at approximately $682,163,737.
- Holocene Advisors, LP: Removed 2,081,459 shares (-99.0%) in Q4 2024, for an estimated $615,216,836.
- Bank of America Corp /DE/: Added 2,021,786 shares (+355.2%) in Q4 2024, valued at about $597,579,288.
- Farallon Capital Management LLC: Added 1,841,800 shares with significant percentage changes in Q4 2024, valued at $544,380,826.
- Fil Ltd: Removed 1,033,519 shares (-37.8%) in Q4 2024, valued at approximately $305,477,210.
- BlackRock, Inc.: Increased holdings by 956,819 shares (+5.0%) in Q4 2024, worth about $282,806,991.
- Van Eck Associates Corp: Decreased holdings by 884,840 shares (-51.5%) in Q4 2024, worth approximately $261,532,158.
This article does not constitute financial advice. For additional information, please review relevant disclaimers from Quiver Quantitative.
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
