Rep. Jefferson Shreve Purchases Shares of Autodesk, Inc. (NASDAQ:ADSK)

Representative Jefferson Shreve (R-Indiana) recently bought shares of Autodesk, Inc. (NASDAQ:ADSK). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in Autodesk stock on April 17th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 – $100,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 4/17/2025.
• Purchased $50,001 – $100,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Caterpillar (NYSE:CAT) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Lululemon Athletica (NASDAQ:LULU) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Western Digital (NASDAQ:WDC) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Zoetis (NYSE:ZTS) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Stryker (NYSE:SYK) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Ross Stores (NASDAQ:ROST) on 4/17/2025.

Autodesk Stock Down 0.7 %

Shares of NASDAQ:ADSK opened at $287.48 on Friday. Autodesk, Inc. has a 52-week low of $195.32 and a 52-week high of $326.62. The stock has a market cap of $61.23 billion, a P/E ratio of 57.04, a price-to-earnings-growth ratio of 2.94 and a beta of 1.47. The business’s 50 day moving average is $263.76 and its 200 day moving average is $286.12. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.76.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in ADSK. Principal Financial Group Inc. grew its position in Autodesk by 12.6% in the third quarter. Principal Financial Group Inc. now owns 2,192,345 shares of the software company’s stock worth $603,947,000 after acquiring an additional 245,816 shares during the period. Nordea Investment Management AB lifted its position in shares of Autodesk by 7.2% during the fourth quarter. Nordea Investment Management AB now owns 17,498 shares of the software company’s stock worth $5,199,000 after purchasing an additional 1,174 shares in the last quarter. Range Financial Group LLC acquired a new stake in Autodesk during the 4th quarter worth approximately $276,000. Fulton Bank N.A. purchased a new position in Autodesk in the fourth quarter valued at $211,000. Finally, First Hawaiian Bank boosted its stake in shares of Autodesk by 1.6% in the 4th quarter. First Hawaiian Bank now owns 13,261 shares of the software company’s stock valued at $3,920,000 after buying an additional 205 shares during the period. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. DA Davidson lowered their price objective on shares of Autodesk from $285.00 to $265.00 and set a “neutral” rating for the company in a research note on Monday, April 14th. UBS Group increased their price target on Autodesk from $350.00 to $370.00 and gave the company a “buy” rating in a research note on Friday, February 28th. Barclays lowered their price objective on shares of Autodesk from $365.00 to $325.00 and set an “overweight” rating for the company in a research note on Friday, April 11th. Citigroup dropped their target price on Autodesk from $361.00 to $339.00 and set a “buy” rating on the stock in a research report on Thursday, February 27th. Finally, Stifel Nicolaus reduced their price objective on Autodesk from $350.00 to $310.00 and set a “buy” rating for the company in a research note on Thursday, April 10th. Eight equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $321.36.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.