Autodesk Inc (ADSK) Files Form 4 Insider Selling : Carl Bass Sells 10,463 Shares

Autodesk Inc (ADSK): Carl Bass , Chief Executive Officer of Autodesk Inc sold 10,463 shares on Jun 6, 2016. The Insider selling transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were sold at $58.40 per share for a total value of $611,035.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 27, 2016, Mary T Mcdowell (director) sold 9,300 shares at $57.93 per share price.On May 3, 2016, Carl Bass (Chief Executive Officer) sold 15,000 shares at $60.40 per share price.Also, On Apr 25, 2016, Steven M Blum (SVP, Worldwide Sales) sold 15,000 shares at $60.00 per share price.On Apr 5, 2016, Paul D. Underwood (VP, PAO & Corporate Controller) sold 581 shares at $56.43 per share price.

Shares of Autodesk (ADSK) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.47 points or -0.80% at $58.29 with 11,72,759 shares getting traded. Post opening the session at $58.56, the shares hit an intraday low of $57.36 and an intraday high of $58.61 and the price vacillated in this range throughout the day. The company has a market cap of $13,086 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 Wedbush to Neutral and the brokerage firm has raised the Price Target to $ 57 from a previous price target of $55 .The Rating was issued on May 20, 2016.Autodesk is Reiterated by Canaccord Genuity to Hold and the brokerage firm has raised the Price Target to $ 60 from a previous price target of $55 .The Rating was issued on May 20, 2016.Autodesk is Reiterated by Wedbush to Neutral and the brokerage firm has raised the Price Target to $ 55 from a previous price target of $50 .The Rating was issued on May 12, 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.

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