Autodesk Inc. (NASDAQ: ADSK) is -5.69% lower on its value in year-to-date trading and has touched a low of $188.38 and a high of $279.53 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ADSK stock was last observed hovering at around $236.98 in the last trading session, with the day’s loss setting it -7.36%.
Currently trading at $229.62, the stock is -9.17% and -10.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.38 million and changing -3.11% at the moment leaves the stock 1.27% off its SMA200. ADSK registered 16.97% gain for a year compared to 6-month gain of 7.92%.
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The stock witnessed a -11.18% loss in the last 1 month and extending the period to 3 months gives it a -5.29%, and is -6.62% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.55% over the week and 2.06% over the month.
Autodesk Inc. (ADSK) has around 13700 employees, a market worth around $49.12B and $5.45B in sales. Current P/E ratio is 54.62 and Fwd P/E is 25.20. Profit margin for the company is 16.64%. Distance from 52-week low is 21.89% and -17.85% from its 52-week high. The company has generated returns on investments over the last 12 months (20.53%).
The EPS is expected to grow by 6.15% this year.
Autodesk Inc. (ADSK) Top Institutional Holders
The shares outstanding are 215.00M, and float is at 213.32M with Short Float at 1.24%.
Autodesk Inc. (ADSK) Insider Activity
The most recent transaction is an insider sale by Hope Stephen W.,the company’sSVP & Chief Accounting Officer. SEC filings show that Hope Stephen W. sold 75 shares of the company’s common stock on Apr 02 ’24 at a price of $249.69 per share for a total of $18727.0. Following the sale, the insider now owns 3450.0 shares.
Autodesk Inc. disclosed in a document filed with the SEC on Mar 27 ’24 that Anagnost Andrew (President and CEO) sold a total of 21,053 shares of the company’s common stock. The trade occurred on Mar 27 ’24 and was made at $259.99 per share for $5.47 million. Following the transaction, the insider now directly holds 0.11 million shares of the ADSK stock.
Still, SEC filings show that on Mar 27 ’24, Clifford Deborah (EVP, Chief Financial Officer) disposed off 5,553 shares at an average price of $260.01 for $1.44 million. The insider now directly holds 32,259 shares of Autodesk Inc. (ADSK).
