Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Autodesk Inc shares valued at $14,887 were sold by Hope Stephen W. on Apr 01 ’25. At $261.18 per share, Hope Stephen W. sold 57 shares. The insider’s holdings dropped to 3,003 shares worth approximately $0.82 million following the completion of this transaction.
Also, STEPHEN HOPE purchased 57 shares, netting a total of over 14,887 in proceeds.
Before that, Hope Stephen W. had sold 2,452 shares from its account. In a trade valued at $655,395, the SVP & Chief Accounting Officer traded Autodesk Inc shares for $267.29 each. Upon closing the transaction, the insider’s holdings decreased to 2,452 shares, worth approximately $0.82 million.
As published in a research note from Mizuho on January 28, 2025, Autodesk Inc [ADSK] has been rated up from a Neutral to an Outperform and the price target has been revised to $400 from $280. Analysts at Piper Sandler upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in early January. As of December 12, 2024, Macquarie has initiated its “an Outperform” rating for ADSK. Earlier on December 02, 2024, UBS initiated its rating. Their recommendation was “a Buy” for ADSK stock.
Analyzing ADSK Stock Performance
During the last five days, there has been a surge of approximately 0.66%. Over the course of the year, Autodesk Inc shares have dropped approximately -7.47%. Shares of the company reached a 52-week high of $317.05 on 01/31/25 and a 52-week low of $232.67 on 04/07/25. A 50-day SMA is recorded $265.06, while a 200-day SMA reached $276.78.
Support And Resistance Levels for Autodesk Inc (ADSK)
According to the 24-hour chart, there is a support level at 271.56, which, if violated, would cause prices to drop to 269.63. In the upper region, resistance lies at 276.99. The next price resistance is at 280.50. RSI (Relative Strength Index) is 57.60 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 7.99, which suggests the price will increase in the coming days. Percent R is at 18.07%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
