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Autodesk Inc (ADSK) gets rating Upgrade from Mizuho

Autodesk Inc’s filing revealed that its Director CAHILL JOHN T acquired Company’s shares for reported $0.53 million on Mar 21 ’25. In the deal valued at $267.10 per share,2,000 shares were bought. As a result of this transaction, CAHILL JOHN T now holds 2,000 shares worth roughly $0.55 million.

Then, NORRINGTON LORRIE M sold 1,778 shares, generating $542,948 in total proceeds. Upon selling the shares at $305.37, the Director now owns 9,981 shares.

Before that, LORRIE NORRINGTON bought 1,778 shares. Autodesk Inc shares valued at $542,948 were divested by the Director at a price of $305.37 per share.

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 jump 1.45% to $273.08. Over the last five days, the stock has gained 5.05%. Autodesk Inc shares have fallen nearly -7.61% since the year began. Nevertheless, the stocks have risen 2.76% 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 $284.96, while 200 days put it at $273.69.

Levels Of Support And Resistance For ADSK Stock

The 24-hour chart illustrates a support level at 271.18, which if violated will result in even more drops to 269.29. On the upside, there is a resistance level at 274.38. A further resistance level may holdings at 275.69. The Relative Strength Index (RSI) on the 14-day chart is 51.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 9.92, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.45%. Stochastics %K at 89.95% 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 2025-03-14, growing by 0.7 million shares to a total of 3.21 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.5 million shares. There was a rise of 21.9%, which implies that there is a positive sentiment for the stock.

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