Autodesk Inc (NASDAQ: ADSK) is -8.24% 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 $273.08 in the last trading session, with the day’s loss setting it -1.87%.
Currently trading at $271.21, the stock is 2.86% and -4.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing -0.68% at the moment leaves the stock -1.01% off its SMA200. ADSK registered 3.18% gain for a year compared to 6-month gain of 1.02%. The firm has a 50-day simple moving average (SMA 50) of $284.9566 and a 200-day simple moving average (SMA200) of $273.68704.
The stock witnessed a -4.41% loss in the last 1 month and extending the period to 3 months gives it a -9.03%, and is 1.08% 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 1.63% over the week and 2.86% over the month.
Autodesk Inc (ADSK) has around 15300 employees, a market worth around $57.77B and $6.11B in sales. Current P/E ratio is 52.93 and Fwd P/E is 24.89. Profit margin for the company is 18.19%. Distance from 52-week low is 38.85% and -16.96% from its 52-week high. The company has generated returns on investments over the last 12 months (23.06%).
The EPS is expected to grow by 12.37% this year
1858.0 institutions hold shares in Autodesk Inc (ADSK), with institutional investors hold 95.54% of the company’s shares. The shares outstanding are 214.00M, and float is at 212.48M with Short Float at 1.51%. Institutions hold 95.36% 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 9.0002 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 purchase by CAHILL JOHN T, the company’s Director. SEC filings show that CAHILL JOHN T bought 2,000 shares of the company’s common stock on Mar 21 ’25 at a price of $267.10 per share for a total of $0.53 million. Following the purchase, the insider now owns 2000.0 shares.
Autodesk Inc disclosed in a document filed with the SEC on Dec 11 ’24 that NORRINGTON LORRIE M (Director) sold a total of 1,778 shares of the company’s common stock. The trade occurred on Dec 11 ’24 and was made at $305.37 per share for $0.54 million. Following the transaction, the insider now directly holds 9981.0 shares of the ADSK stock.
Still, SEC filings show that on Dec 11 ’24, LORRIE NORRINGTON (Director) Proposed Sale 1,778 shares at an average price of $305.37 for $0.54 million. The insider now directly holds shares of Autodesk Inc (ADSK).
