Autodesk Inc (NASDAQ: ADSK) is -15.96% 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 $259.75 in the last trading session, with the day’s loss setting it -11.35%.
Currently trading at $248.40, the stock is -12.31% and -15.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.2 million and changing -4.37% at the moment leaves the stock -8.33% off its SMA200. ADSK registered -1.08% loss for a year compared to 6-month gain of -1.34%.
The stock witnessed a -19.27% loss in the last 1 month and extending the period to 3 months gives it a -18.35%, and is -8.69% 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 3.23% over the week and 2.88% over the month.
Autodesk Inc (ADSK) has around 15300 employees, a market worth around $52.91B and $6.11B in sales. Current P/E ratio is 48.47 and Fwd P/E is 22.83. Profit margin for the company is 18.19%. Distance from 52-week low is 27.18% and -23.95% from its 52-week high. The company has generated returns on investments over the last 12 months (23.06%).
with sales reaching $1.61B over the same period.The EPS is expected to grow by 12.21% this year, but quarterly earnings will post 13.12% year-over-year. Quarterly sales are estimated to grow 13.40% in year-over-year returns.
Autodesk Inc (ADSK) Top Institutional Holders
The shares outstanding are 214.00M, and float is at 212.48M with Short Float at 1.18%.
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 4.4072% and valued at over $2.36 billion, while LOOMIS SAYLES & CO L P holds 2.8682 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).
