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Are we looking at the next big move in Autodesk Inc (ADSK)?

Autodesk Inc (NASDAQ: ADSK) is -11.65% 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 $254.27 in the last trading session, with the day’s gains setting it 6.87%.

Currently trading at $261.14, the stock is 0.53% and -2.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing 2.70% at the moment leaves the stock -5.38% off its SMA200. ADSK registered 23.98% gain for a year compared to 6-month loss of -10.13%. The firm has a 50-day simple moving average (SMA 50) of $269.155 and a 200-day simple moving average (SMA200) of $275.99677.

The stock witnessed a -2.29% gain in the last 1 month and extending the period to 3 months gives it a -12.05%, and is 0.16% 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 2.35% over the week and 3.51% over the month.

Autodesk Inc (ADSK) has around 15300 employees, a market worth around $55.62B and $6.11B in sales. Current P/E ratio is 50.96 and Fwd P/E is 23.98. Profit margin for the company is 18.19%. Distance from 52-week low is 33.70% and -20.05% 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 12.32% this year, but quarterly earnings will post 12.94% year-over-year. Quarterly sales are estimated to grow 13.39% in year-over-year returns.

Autodesk Inc (ADSK) Top Institutional Holders

1841.0 institutions hold shares in Autodesk Inc (ADSK), with institutional investors hold 95.86% of the company’s shares. The shares outstanding are 214.00M, and float is at 212.43M with Short Float at 1.40%. Institutions hold 95.64% 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 9.2207% 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 sale by Hope Stephen W., the company’s SVP & Chief Accounting Officer. SEC filings show that Hope Stephen W. sold 57 shares of the company’s common stock on Apr 01 ’25 at a price of $261.18 per share for a total of $14887.0. Following the sale, the insider now owns 3003.0 shares.

Still, SEC filings show that on Mar 28 ’25, Hope Stephen W. (SVP & Chief Accounting Officer) disposed off 2,452 shares at an average price of $267.29 for $0.66 million. The insider now directly holds 3,003 shares of Autodesk Inc (ADSK).

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