Autodesk slides as investors weigh MaintainX deal costs and fresh analyst target cuts

Autodesk (ADSK) is down 3.6% today. Here is some analysis on what might have caused this price movement.

Analysis: The drop appears tied to continued skepticism after Autodesk’s announced $3.6 billion all-cash acquisition of MaintainX, which some investors view as expensive and potentially dilutive near term. The move also lines up with recent analyst price-target reductions that highlighted acquisition-related uncertainty, alongside a softer tape for growth software.

Details:

Autodesk announced a definitive agreement to buy MaintainX for about $3.6 billion in cash, positioning it as an expansion from “design and make” into operations workflows.

In the days after the announcement, the stock’s reaction suggested concern that the deal size and integration risk could pressure near-term returns even if it expands longer-term addressable market.

One major brokerage reduced its price target while maintaining a positive rating, citing the acquisition’s impact on the valuation framework.

Broader tech volatility has picked up in early June, which can amplify selloffs in high-multiple software names when risk appetite fades.

Sources:

Autodesk Investor Relations, Yahoo Finance, Investing.com, Fortune

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$ADSK Insider Trading Activity

$ADSK insiders have traded $ADSK stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $ADSK stock by insiders over the last 6 months:

STACY J SMITH has made 2 purchases buying 3,435 shares for an estimated $794,054 and 0 sales.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$ADSK Hedge Fund Activity

We have seen 586 institutional investors add shares of $ADSK stock to their portfolio, and 848 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO removed 2,275,500 shares (-99.8%) from their portfolio in Q1 2026, for an estimated $541,091,145
JANUS HENDERSON GROUP PLC removed 1,831,079 shares (-88.7%) from their portfolio in Q4 2025, for an estimated $542,017,694
FARALLON CAPITAL MANAGEMENT LLC removed 1,662,852 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $492,220,820
WELLINGTON MANAGEMENT GROUP LLP removed 1,189,341 shares (-63.7%) from their portfolio in Q1 2026, for an estimated $282,813,396
STARBOARD VALUE LP removed 1,001,733 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $238,202,090
POINT72 ASSET MANAGEMENT, L.P. removed 960,884 shares (-91.3%) from their portfolio in Q1 2026, for an estimated $228,488,606
PICTET ASSET MANAGEMENT HOLDING SA added 936,388 shares (+80.2%) to their portfolio in Q1 2026, for an estimated $222,663,702

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$ADSK Congressional Stock Trading

Members of Congress have traded $ADSK stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $ADSK stock by members of Congress over the last 6 months:

SENATOR ANGUS S. KING JR. sold up to $15,000 on 02/13.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$ADSK Analyst Ratings

Wall Street analysts have issued reports on $ADSK in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Macquarie issued a "Outperform" rating on 02/27/2026
BTIG issued a "Buy" rating on 12/17/2025

To track analyst ratings and price targets for $ADSK, check out Quiver Quantitative's $ADSK forecast page.

$ADSK Price Targets

Multiple analysts have issued price targets for $ADSK recently. We have seen 18 analysts offer price targets for $ADSK in the last 6 months, with a median target of $307.5.

Here are some recent targets:

Tyler Radke from Citigroup set a target price of $252.0 on 06/01/2026
Blair Abernethy from Rosenblatt set a target price of $330.0 on 06/01/2026
Clark Wright from DA Davidson set a target price of $325.0 on 05/29/2026
Michael Turrin from Wells Fargo set a target price of $330.0 on 05/29/2026
Matthew Hedberg from RBC Capital set a target price of $305.0 on 05/29/2026
Daniel Jester from BMO Capital set a target price of $262.0 on 05/29/2026
Nick Altmann from BTIG set a target price of $300.0 on 05/29/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.