In a filing, Autodesk Inc. revealed 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 $-1.41 million.
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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 jump 1.29% to $285.31. Over the last five days, the stock has gained 6.77%. Autodesk Inc. shares have risen nearly 17.18% since the year began. Nevertheless, the stocks have risen 34.09% over the past one year. While a 52-week high of $282.54 was reached on 10/14/24, a 52-week low of $192.01 was recorded on 05/31/24. SMA at 50 days reached $259.19, while 200 days put it at $244.64.
Levels Of Support And Resistance For ADSK Stock
The 24-hour chart illustrates a support level at 282.23, which if violated will result in even more drops to 279.15. On the upside, there is a resistance level at 287.41. A further resistance level may holdings at 289.51. The Relative Strength Index (RSI) on the 14-day chart is 69.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.99, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.49%. Stochastics %K at 95.86% indicates the stock is a selling.
How much short interest is there in Autodesk Inc.?
A steep rise in short interest was recorded in Autodesk Inc. stocks on 2024-09-30, dropping by -1.11 million shares to a total of 2.46 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 3.57 million shares. There was a decline of -44.93%, which implies that there is a negative sentiment for the stock.
