Autodesk Inc (ADSK) Files Form 4 Insider Selling : Steven M Blum Sells 15,000 Shares

Autodesk Inc (ADSK): Steven M Blum , SVP, Worldwide Sales of Autodesk Inc sold 15,000 shares on Apr 21, 2016. The Insider selling transaction was reported by the company on Apr 25, 2016 to the Securities and Exchange Commission. The shares were sold at $60.00 per share for a total value of $900,000.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 5, 2016, Carl Bass (Chief Executive Officer) sold 15,000 shares at $58.29 per share price.On Apr 5, 2016, Paul D. Underwood (VP, PAO & Corporate Controller) sold 581 shares at $56.43 per share price.Also, On Mar 24, 2016, Betsy Rafael (director) sold 7,031 shares at $57.54 per share price.On Mar 18, 2016, Steven M Blum (SVP, Worldwide Sales) sold 11,169 shares at $56.51 per share price.

Shares of Autodesk (ADSK) ended Friday, Apr 22, 2016 session in red amid volatile trading. The shares closed down -0.53 points or -0.88% at $59.54 with 10,12,296 shares getting traded. Post opening the session at $60.13, the shares hit an intraday low of $59.18 and an intraday high of $60.29 and the price vacillated in this range throughout the day. The company has a market cap of $13,366 M and the number of outstanding shares has been calculated to be 22,44,93,190 shares. The 52-week high of Autodesk is $65.78 and the 52-week low is $41.6.

Autodesk Money Flow Index Chart

Company has been under the radar of several Street Analysts.Autodesk is Reiterated by Barclays to Overweight while Lowering the Price Target of the company shares to $ 65 from a previous price target of $70 . The Rating was issued on Feb 22, 2016.Autodesk is Reiterated by RBC Capital Mkts to Sector Perform while Lowering the Price Target of the company shares to $ 55 from a previous price target of $61 . The Rating was issued on Feb 8, 2016.Autodesk is Reiterated by Wedbush to Neutral while Lowering the Price Target of the company shares to $ 50 from a previous price target of $55 . The Rating was issued on Feb 5, 2016.Autodesk is Reiterated by RBC Capital Mkts to Sector Perform while Lowering the Price Target of the company shares to $ 61 from a previous price target of $67 . The Rating was issued on Feb 4, 2016.

Autodesk Inc. (Autodesk) is a design software and services company offering customers productive business solutions through technology products and services. The Company serves customers in the architecture engineering and construction; manufacturing and digital media consumer and entertainment industries. The Company operates in four segments: Architecture Engineering and Construction (AEC) Platform Solutions and Emerging Business (PSEB) Manufacturing (MFG) and Media and Entertainment (M&E). The PSEB AEC and MFG segments offer a range of services including consulting support and training. The M&E segment offers software products to creative professionals post-production facilities and broadcasters for a variety of applications including feature films television programs commercials music and corporate videos interactive game production Web design and interactive Web streaming.

Leave a Reply

Autodesk - Is it time to Sell?

Top Brokerage Firms are advising their investors on Autodesk. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.