Autodesk director sells shares worth over $146,000

In a recent transaction, Autodesk, Inc. (NASDAQ:ADSK ) director Mary T. McDowell sold 550 shares of the company's common stock at a price of $265.50 each, resulting in a total sale value of over $146,000. This transaction was reported in a Form 4 filing with the Securities and Exchange Commission dated September 16, 2024.


The sale was conducted under a pre-arranged trading plan, known as Rule 10b5-1, which allows company insiders to sell shares at predetermined times to avoid accusations of insider trading. This plan was adopted by McDowell on September 13, 2023.


Following the sale, McDowell still holds a substantial stake in Autodesk, with 31,349 shares remaining in her possession. This figure includes 1,433 shares of unvested Restricted Stock Units, indicating a vested interest in the company's long-term performance.


Autodesk, headquartered in San Francisco, is a leader in 3D design, engineering, and entertainment software. The company's shares are publicly traded and are a component of the NASDAQ stock market.


The transactions are part of the routine financial disclosures required by company directors and do not necessarily indicate a change in the company's performance or business outlook. Investors often monitor such sales as they can provide insights into the executives' perspectives on the company's valuation and future prospects.



In other recent news, Autodesk has been making significant strides in the financial sector. The company reported a 2% rise in revenue in its robust second-quarter results, with earnings per share of $2.15 and a free cash flow of $203 million. Analysts from various firms including Baird, KeyBanc Capital Markets, Griffin Securities, and Citi have maintained positive ratings on Autodesk, citing steady demand and promising initial applications in artificial intelligence.


HSBC upgraded Autodesk from Hold to Buy, setting a new price target of $299, reflecting confidence in the company's earnings growth. Goldman Sachs also shifted its stance from Sell to Neutral, raising the price target to $295, due to Autodesk's recent performance and future prospects. These upgrades are indicative of the analysts' confidence in Autodesk's strategic direction and potential for consistent financial performance.


The company's transition to a subscription model and the implementation of a direct customer billing transaction model in North America have contributed to a more predictable and robust earnings growth trajectory. This strategic shift has led to an 11% increase in Autodesk's full-year 2025 revenue growth guidance. Autodesk is also on track to achieve its fiscal year 2026 operating margin targets of 38-40% ahead of schedule in fiscal year 2025. These recent developments highlight Autodesk's strong market position and potential for further growth.
InvestingPro Insights


As investors digest the recent insider transaction at Autodesk, Inc. (NASDAQ:ADSK), it's crucial to consider the company's financial metrics and market performance. Autodesk has demonstrated impressive financial health, with a gross profit margin of approximately 91.92% over the last twelve months as of Q2 2025. This high margin reflects the company's efficiency in managing costs relative to its revenue, which stands at $5.805 billion, having grown by 11.38% during the same period.


The company's stock has been trading at a high earnings multiple, with a P/E ratio of 54.18. This indicates that investors are willing to pay a premium for Autodesk's earnings, potentially due to the company's strong market position and future growth expectations. This sentiment is echoed by the fact that Autodesk's shares are trading near their 52-week high, at 95.78% of the peak value.


InvestingPro Tips highlight that analysts have revised their earnings upwards for the upcoming period, suggesting a positive outlook on Autodesk's financial performance. Additionally, the company has been recognized for operating with a moderate level of debt, which provides a balanced financial structure for sustainable growth.


For investors seeking a deeper analysis, InvestingPro offers additional insights and tips on Autodesk's financial health and market performance. As of now, there are 16 more InvestingPro Tips available that can help investors make informed decisions about their investments in Autodesk. These tips, along with real-time metrics, are accessible through InvestingPro's platform at https://www.investing.com/pro/ADSK.

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Source: Investing.com