SAN FRANCISCO—Autodesk, Inc. (NASDAQ:ADSK) Director Mary T. McDowell has sold 550 shares of the company's common stock, according to a recent SEC filing. The transaction, executed on October 15, 2024, was carried out at an average price of $285.31 per share, amounting to a total sale value of approximately $156,920.
Following this transaction, McDowell holds 30,799 shares, which includes 1,433 shares of unvested Restricted Stock Units. The sale was conducted under a Rule 105b-1 trading plan that McDowell adopted on September 13, 2023.
In other recent news, Autodesk has reported a 2% increase in revenue and earnings per share of $2.15 in its second-quarter results, along with a free cash flow of $203 million. This comes alongside a successful transition to an agency model and the implementation of a direct customer billing transaction model in North America, which has led to an 11% increase in the company's full-year 2025 revenue growth guidance. Autodesk is actively working on initiatives to modernize and secure a competitive edge, which are acknowledged by BMO Capital, maintaining its Market Perform rating on Autodesk. Analyst firms such as DA Davidson, Baird, KeyBanc Capital Markets, Griffin Securities, and Citi have also maintained positive ratings, with price targets ranging from $260 to $325. HSBC has upgraded Autodesk from Hold to Buy, with a new price target of $299, while Goldman Sachs shifted its stance from Sell to Neutral, raising its price target to $295. These are the recent developments shaping Autodesk's strategic direction and potential for consistent financial performance.
InvestingPro Insights
While Director Mary T. McDowell's recent stock sale might raise eyebrows, a closer look at Autodesk's financial metrics and market performance provides a more comprehensive picture of the company's standing.
According to InvestingPro data, Autodesk boasts a market capitalization of $62.0 billion, reflecting its significant presence in the software industry. The company's revenue for the last twelve months as of Q2 2025 stood at $5,805 million, with an impressive revenue growth of 11.38% over the same period. This growth trajectory aligns with the company's strong market position and ongoing demand for its products.
Autodesk's financial health is further underscored by its robust gross profit margin of 91.92% for the last twelve months as of Q2 2025, indicating efficient cost management and pricing power. This is complemented by an InvestingPro Tip highlighting Autodesk's "impressive gross profit margins," which suggests a competitive advantage in its market segment.
The stock's recent performance has been noteworthy, with a 25.52% price total return over the past six months and a 35.27% return over the past year. This positive momentum is reflected in another InvestingPro Tip, which notes that Autodesk is "trading near its 52-week high," currently at 99.99% of that peak.
It's worth noting that while the stock's performance has been strong, it is trading at a high P/E ratio of 58.48, which may indicate that the market has high growth expectations for the company. This valuation metric, combined with the InvestingPro Tip suggesting that Autodesk is "trading at a high earnings multiple," could provide context for Director McDowell's decision to sell a portion of her holdings.
For investors seeking a more comprehensive analysis, InvestingPro offers 17 additional tips on Autodesk, providing a deeper dive into the company's financial health and market position.
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