Autodesk (NASDAQ:ADSK) Stock Unloaded Rep. Jefferson Shreve

Representative Jefferson Shreve (R-Indiana) recently sold shares of Autodesk, Inc. NASDAQ: ADSK. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $15,001 and $50,000 in Autodesk stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

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

• Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
• Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
• Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
• Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
• Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.

Autodesk Stock Performance

Shares of Autodesk stock traded up $2.18 during midday trading on Friday, hitting $303.28. The company had a trading volume of 943,855 shares, compared to its average volume of 1,626,859. The stock has a market cap of $64.90 billion, a price-to-earnings ratio of 64.94, a PEG ratio of 2.90 and a beta of 1.44. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.76. The company has a fifty day simple moving average of $299.19 and a 200 day simple moving average of $285.75. Autodesk, Inc. has a 12-month low of $223.03 and a 12-month high of $326.62.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Berenberg Bank raised shares of Autodesk from a "hold" rating to a "buy" rating and raised their price target for the stock from $325.00 to $365.00 in a research report on Friday, June 27th. BMO Capital Markets lifted their target price on shares of Autodesk from $324.00 to $333.00 and gave the company a "market perform" rating in a report on Friday, May 23rd. Macquarie restated an "outperform" rating and set a $360.00 price target on shares of Autodesk in a research report on Friday, July 11th. Barclays lifted their price objective on shares of Autodesk from $325.00 to $355.00 and gave the company an "overweight" rating in a report on Friday, May 23rd. Finally, KeyCorp reissued an "overweight" rating and set a $350.00 target price (up from $323.00) on shares of Autodesk in a research note on Friday, May 23rd. Seven equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Autodesk currently has a consensus rating of "Moderate Buy" and an average price target of $342.61.

Institutional Trading of Autodesk

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Spire Wealth Management increased its stake in shares of Autodesk by 2.5% during the first quarter. Spire Wealth Management now owns 2,075 shares of the software company's stock worth $543,000 after buying an additional 50 shares during the period. Sowell Financial Services LLC acquired a new position in Autodesk in the first quarter valued at approximately $324,000. Union Bancaire Privee UBP SA acquired a new position in Autodesk in the fourth quarter valued at approximately $13,906,000. Cambridge Investment Research Advisors Inc. boosted its holdings in Autodesk by 1.7% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 13,617 shares of the software company's stock valued at $3,565,000 after purchasing an additional 229 shares in the last quarter. Finally, Paradigm Asset Management Co. LLC acquired a new position in Autodesk in the fourth quarter valued at approximately $443,000. 90.24% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Autodesk

In related news, EVP Rebecca Pearce sold 3,251 shares of the company's stock in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $315.00, for a total value of $1,024,065.00. Following the completion of the transaction, the executive vice president directly owned 19,440 shares of the company's stock, valued at $6,123,600. This represents a 14.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold 9,391 shares of company stock valued at $2,909,885 over the last three months. Corporate insiders own 0.15% of the company's stock.

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 editor@ballotpedia.org 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.