Autodesk Inc’s filing revealed that its Director NORRINGTON LORRIE M unloaded Company’s shares for reported $0.54 million on Dec 11 ’24. In the deal valued at $305.37 per share,1,778 shares were sold. As a result of this transaction, NORRINGTON LORRIE M now holds 9,981 shares worth roughly $2.59 million.
Then, LORRIE NORRINGTON bought 1,778 shares, generating $542,948 in total proceeds.
Before that, NORRINGTON LORRIE M sold 1,778 shares. Autodesk Inc shares valued at $543,926 were divested by the Director at a price of $305.92 per share. As a result of the transaction, NORRINGTON LORRIE M now holds 11,759 shares, worth roughly $3.06 million.
Mizuho upgraded its Autodesk Inc [ADSK] rating to an Outperform from a a Neutral in a research note published on January 28, 2025; the price target was increased to $400 from $280. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “an Overweight”. Macquarie began covering ADSK with “an Outperform” recommendation on December 12, 2024. UBS started covering the stock on December 02, 2024. It rated ADSK as “a Buy”.
Price Performance Review of ADSK
On Tuesday, Autodesk Inc [NASDAQ:ADSK] saw its stock fall -0.26% to $259.95. Over the last five days, the stock has gained 3.63%. Autodesk Inc shares have fallen nearly -12.05% since the year began. Nevertheless, the stocks have risen 0.55% over the past one year. While a 52-week high of $326.62 was reached on 01/31/25, a 52-week low of $195.32 was recorded on 03/13/25. SMA at 50 days reached $287.22, while 200 days put it at $272.16.
Levels Of Support And Resistance For ADSK Stock
The 24-hour chart illustrates a support level at 258.17, which if violated will result in even more drops to 256.39. On the upside, there is a resistance level at 261.54. A further resistance level may holdings at 263.14. The Relative Strength Index (RSI) on the 14-day chart is 38.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.75%. Stochastics %K at 27.90% 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 2025-02-28, growing by 0.21 million shares to a total of 2.69 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.48 million shares. There was a rise of 7.8%, which implies that there is a positive sentiment for the stock.
