Autodesk Inc (NASDAQ: ADSK) is 30.59% higher on its value in year-to-date trading and has touched a low of $195.32 and a high of $326.62 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ADSK stock was last observed hovering at around $319.39 in the last trading session, with the day’s loss setting it -1.43%.
Currently trading at $317.96, the stock is 4.53% and 10.21% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.46 million and changing -0.45% at the moment leaves the stock 25.88% off its SMA200. ADSK registered 57.20% gain for a year compared to 6-month gain of 52.49%. The firm has a 50-day simple moving average (SMA 50) of $287.4754 and a 200-day simple moving average (SMA200) of $252.30275.
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The stock witnessed a 10.97% loss in the last 1 month and extending the period to 3 months gives it a 24.88%, and is 4.18% up 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 2.16% over the week and 2.18% over the month.
Autodesk Inc (ADSK) has around 14100 employees, a market worth around $68.36B and $5.78B in sales. Current P/E ratio is 65.13 and Fwd P/E is 34.63. Profit margin for the company is 18.30%. Distance from 52-week low is 62.79% and -2.65% from its 52-week high. The company has generated returns on investments over the last 12 months (22.44%).
with sales reaching $1.62B over the same period.The EPS is expected to grow by 8.90% this year, but quarterly earnings will post 11.13% year-over-year. Quarterly sales are estimated to grow 10.33% in year-over-year returns.
Autodesk Inc (ADSK) Top Institutional Holders
1730.0 institutions hold shares in Autodesk Inc (ADSK), with institutional investors hold 94.40% of the company’s shares. The shares outstanding are 215.00M, and float is at 214.49M with Short Float at 1.14%. Institutions hold 94.24% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 19.92 million shares valued at $4.93 billion. The investor’s holdings represent 9.2636% of the ADSK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 19.44 million shares valued at $4.81 billion to account for 9.0421 of the shares outstanding. The other top investors are STATE STREET CORP which holds 9.52 million shares representing 4.4277% and valued at over $2.36 billion, while LOOMIS SAYLES & CO L P holds 2.8816 of the shares totaling 6.2 million with a market value of $1.53 billion.
Autodesk Inc (ADSK) Insider Activity
The most recent transaction is an insider sale by MCDOWELL MARY T, the company’s Director. SEC filings show that MCDOWELL MARY T sold 550 shares of the company’s common stock on Nov 15 ’24 at a price of $305.06 per share for a total of $0.17 million. Following the sale, the insider now owns 30249.0 shares.
Still, SEC filings show that on Oct 15 ’24, MCDOWELL MARY T (Director) disposed off 550 shares at an average price of $285.31 for $0.16 million. The insider now directly holds 30,799 shares of Autodesk Inc (ADSK).