D1 Capital Partners L.P. 13F: Cuts Autodesk (ADSK) Stake by $28M

D1 Capital Partners, the prominent investment firm known for its active management in both public and private markets, scaled back its investment in Autodesk, Inc. (NASDAQ: ADSK). According to its latest Form 13F filing with the Securities and Exchange Commission, the fund trimmed its holdings by 146,751 shares. This backward-looking filing reflects the fund's portfolio as of the end of the reporting period on May 15, 2026, and may not reflect its current holdings today.

Portfolio Adjustments at D1 Capital Partners

The fund reduced its position in the software company by 32.2%. This move brought its total stake down to 308,907 shares, which was valued at $59.85 million at the end of the quarter. D1 Capital Partners has been actively reshuffling its portfolio, making similar reductions in other holdings like Spotify Technology S.A. and XPO, Inc. during the same period, while also initiating large positions elsewhere.

Autodesk Stock Performance

On Saturday, Autodesk shares were priced at $193.76. The stock has been trading on the softer side, sitting closer to its 52-week low of $185.50 than its 52-week high of $326.35. The stock's current price is also resting below its 50-day moving average of $233.41 and its longer-term 200-day moving average of $243.04. The company currently has a price-to-earnings ratio of 28.35, which drops to a forward P/E of 15.41 based on future profit expectations.

Recent Earnings

Autodesk reported strong financial metrics in its latest reporting period, pulling in revenue of $7.79 billion. That represents revenue growth of 16.1% compared to the previous year. The company remains highly profitable, boasting a net margin of 21.08% and a return on equity of 53.85%. Autodesk's next earnings report is scheduled to be released on November 27, 2026.

Insider Buying and Selling at Autodesk, Inc.

Even as institutional investors trim their stakes, corporate insiders have stepped in to buy. Janesh Moorjani, the Executive Vice President and Chief Financial Officer, purchased 2,500 shares of Autodesk on June 15, 2026. The transaction took place at an average price of $197.67 per share, representing a total investment of $494,175. This insider buying provides a positive signal regarding the leadership's view of the company's valuation.

Analysts Set New Price Targets

Wall Street researchers have published several updates on Autodesk recently. On September 28, 2026, Piper Sandler maintained its Overweight rating on the stock but lowered its target from $338.00 to $300.00. Earlier, on September 15, 2026, Cantor Fitzgerald initiated coverage with a Neutral rating and a $215.00 price target. Meanwhile, Argus Research reiterated its Buy rating with a $355.00 price target on September 2, 2026. Overall, the consensus among the 35 analysts covering Autodesk is a buy, with a average price target of $312.87.

About Autodesk

Autodesk designs and builds software tools used by engineers, architects, and entertainment creators. Its flagship AutoCAD and Revit software programs help construction and design professionals map out complex projects, while its Maya and 3ds Max tools are staples in the film and gaming industries. As these industries increasingly adopt cloud-based collaboration tools, Autodesk's transition to a software-as-a-service model remains central to its long-term growth.

What to Watch at Autodesk, Inc.

Investors will want to watch the upcoming earnings release on November 27, 2026, to see if the company's revenue growth can help lift the stock back toward its moving averages. While D1 Capital Partners chose to scale back its exposure, the insider purchase by CFO Janesh Moorjani suggests that those closest to the business see value at these price levels. Future 13F filings in the coming quarters will reveal whether other institutional managers are following D1 Capital's lead or buying the dip.