Autodesk Inc (NASDAQ: ADSK) is -1.39% lower 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 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 $290.08 in the last trading session, with the day’s gains setting it 1.37%.
Currently trading at $291.45, the stock is -0.71% and -3.13% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.44 million and changing 0.47% at the moment leaves the stock 12.40% off its SMA200. ADSK registered 22.22% gain for a year compared to 6-month gain of 20.03%. The firm has a 50-day simple moving average (SMA 50) of $300.8684 and a 200-day simple moving average (SMA200) of $259.28815.
The stock witnessed a -4.41% loss in the last 1 month and extending the period to 3 months gives it a 0.78%, and is 2.28% 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 1.92% over the week and 2.04% over the month.
Autodesk Inc (ADSK) has around 14100 employees, a market worth around $62.66B and $5.94B in sales. Current P/E ratio is 57.90 and Fwd P/E is 31.57. Profit margin for the company is 18.36%. Distance from 52-week low is 49.22% and -10.77% from its 52-week high. The company has generated returns on investments over the last 12 months (22.57%).
with sales reaching $1.63B over the same period.The EPS is expected to grow by 9.49% this year, but quarterly earnings will post 11.41% year-over-year. Quarterly sales are estimated to grow 11.08% 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 214.47M with Short Float at 1.36%. 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 NORRINGTON LORRIE M, the company’s Director. SEC filings show that NORRINGTON LORRIE M sold 1,778 shares of the company’s common stock on Dec 11 ’24 at a price of $305.37 per share for a total of $0.54 million. Following the sale, the insider now owns 9981.0 shares.
Still, SEC filings show that on Dec 06 ’24, NORRINGTON LORRIE M (Director) disposed off 1,778 shares at an average price of $305.92 for $0.54 million. The insider now directly holds 11,759 shares of Autodesk Inc (ADSK).
