Autodesk Inc.’s recently made public that its SVP & Chief Accounting Officer Hope Stephen W. acquired Company’s shares for reported $8834.0 on Sep 30 ’24. In the deal valued at $163.59 per share,54 shares were bought. As a result of this transaction, Hope Stephen W. now holds 4,933 shares worth roughly $1.32 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Hope Stephen W. sold 54 shares, generating $14,829 in total proceeds. Upon selling the shares at $274.61, the SVP & Chief Accounting Officer now owns 4,879 shares.
Before that, STEPHEN HOPE bought 54 shares. Autodesk Inc. shares valued at $14,829 were divested by the Officer at a price of $274.61 per share.
DA Davidson initiated its Autodesk Inc. [ADSK] rating to a Neutral in a research note published on September 27, 2024; the price target was $260. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who increased its forecast for the stock in early September from “a Hold” to “a Buy”. Goldman also remained covering ADSK and has increased its forecast on September 03, 2024 with a “Neutral” recommendation from previously “Sell” rating. BMO Capital Markets maintained its rating on August 30, 2024. It rated ADSK as “a Market perform”.
Price Performance Review of ADSK
On Monday, Autodesk Inc. [NASDAQ:ADSK] saw its stock fall -1.45% to $267.23. Over the last five days, the stock has lost -2.99%. Autodesk Inc. shares have risen nearly 9.75% since the year began. Nevertheless, the stocks have risen 31.02% over the past one year. While a 52-week high of $279.53 was reached on 03/01/24, a 52-week low of $192.01 was recorded on 05/31/24. SMA at 50 days reached $255.39, while 200 days put it at $243.71.
Levels Of Support And Resistance For ADSK Stock
The 24-hour chart illustrates a support level at 265.42, which if violated will result in even more drops to 263.61. On the upside, there is a resistance level at 269.64. A further resistance level may holdings at 272.05. The Relative Strength Index (RSI) on the 14-day chart is 53.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.20%. Stochastics %K at 44.16% indicates the stock is a holding.
How much short interest is there in Autodesk Inc.?
A steep rise in short interest was recorded in Autodesk Inc. stocks on 2024-09-13, growing by 0.89 million shares to a total of 3.34 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 2.45 million shares. There was a rise of 26.62%, which implies that there is a positive sentiment for the stock.
