Autodesk (NASDAQ:ADSK) Shares Acquired Rep. Byron Donalds

Representative Byron Donalds (R-Florida) recently bought shares of Autodesk, Inc. (NASDAQ:ADSK). In a filing disclosed on April 14th, the Representative disclosed that they had bought between $1,001 and $15,000 in Autodesk stock on March 20th. The trade occurred in the Representative’s “MORAN WEALTH IRA” account.

Representative Byron Donalds also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of GoDaddy (NYSE:GDDY) on 3/20/2025.
• Purchased $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 3/20/2025.
• Purchased $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Gartner (NYSE:IT) on 3/20/2025.
• Purchased $1,001 – $15,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Equifax (NYSE:EFX) on 3/20/2025.
• Purchased $1,001 – $15,000 in shares of Tradeweb Markets (NASDAQ:TW) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 3/20/2025.

Autodesk Stock Down 0.3 %

Shares of NASDAQ ADSK traded down $0.69 during mid-day trading on Thursday, hitting $259.47. The company had a trading volume of 1,052,754 shares, compared to its average volume of 1,687,797. Autodesk, Inc. has a one year low of $195.32 and a one year high of $326.62. The company has a market capitalization of $55.27 billion, a PE ratio of 51.48, a price-to-earnings-growth ratio of 2.94 and a beta of 1.49. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.76. The firm has a 50-day simple moving average of $269.76 and a two-hundred day simple moving average of $286.96.

Institutional Trading of Autodesk

A number of large investors have recently bought and sold shares of ADSK. QRG Capital Management Inc. lifted its stake in Autodesk by 1.9% in the first quarter. QRG Capital Management Inc. now owns 15,074 shares of the software company’s stock valued at $3,946,000 after buying an additional 284 shares during the period. Sagespring Wealth Partners LLC grew its holdings in Autodesk by 33.7% in the first quarter. Sagespring Wealth Partners LLC now owns 2,304 shares of the software company’s stock worth $603,000 after purchasing an additional 581 shares during the period. Sowell Financial Services LLC bought a new stake in Autodesk in the first quarter valued at $324,000. Mission Wealth Management LP raised its holdings in shares of Autodesk by 2.4% during the first quarter. Mission Wealth Management LP now owns 6,462 shares of the software company’s stock valued at $1,692,000 after purchasing an additional 152 shares during the period. Finally, Bank Pictet & Cie Europe AG acquired a new stake in shares of Autodesk in the 1st quarter valued at about $1,108,000. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Autodesk

In related news, CAO Stephen W. Hope sold 2,452 shares of the company’s stock in a transaction dated Friday, March 28th. The shares were sold at an average price of $267.29, for a total value of $655,395.08. Following the sale, the chief accounting officer now owns 3,003 shares in the company, valued at $802,671.87. This represents a 44.95 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director John T. Cahill purchased 2,000 shares of the business’s stock in a transaction on Friday, March 21st. The shares were bought at an average price of $267.10 per share, with a total value of $534,200.00. Following the purchase, the director now directly owns 2,000 shares in the company, valued at approximately $534,200. The trade was a ? increase in their position. The disclosure for this purchase can be found here. 0.14% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

ADSK has been the subject of a number of research analyst reports. Rosenblatt Securities reiterated a “buy” rating and set a $325.00 price target on shares of Autodesk in a report on Tuesday, February 25th. Mizuho cut their target price on shares of Autodesk from $400.00 to $350.00 and set an “outperform” rating for the company in a research note on Tuesday. Scotiabank lowered their price target on shares of Autodesk from $360.00 to $315.00 and set a “sector outperform” rating on the stock in a report on Monday, March 17th. Citigroup decreased their price objective on Autodesk from $361.00 to $339.00 and set a “buy” rating on the stock in a report on Thursday, February 27th. Finally, Bank of America upped their price target on shares of Autodesk from $325.00 to $335.00 and gave the company a “neutral” rating in a research note on Tuesday, February 4th. Eight research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $321.59.

About Representative Donalds

Byron Donalds (Republican Party) is a member of the U.S. House, representing Florida’s 19th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Donalds (Republican Party) is running for re-election to the U.S. House to represent Florida’s 19th Congressional District. He declared candidacy for the 2026 election.

Byron Donalds was born in Brooklyn, New York, and lives in Naples, Florida. Donalds earned a bachelor’s degree in finance and marketing from Florida State University in 2002. His career experience includes working as a commercial credit officer in banking and as a portfolio manager in financial services.

About Autodesk

Autodesk, Inc provides 3D design, engineering, and entertainment technology solutions worldwide. The company offers AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; BuildingConnected, a SaaS preconstruction solution; AutoCAD, a software for professional design, drafting, detailing, and visualization; AutoCAD LT, a drafting and detailing software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and computer-aided engineering tool; and Industry Collections tools for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment collection industries.