Autodesk director Mary McDowell sells shares worth $167,783

Autodesk, Inc. (NASDAQ:ADSK) has reported a recent transaction involving its Director, Mary McDowell. According to a filing with the Securities and Exchange Commission, McDowell sold 550 shares of common stock on November 15, 2024. The shares were sold at a price of $305.06 each, totaling $167,783. Following the transaction, McDowell retains ownership of 30,249 shares, which includes 1,433 shares of unvested Restricted Stock Units. The sales were conducted under a pre-established Rule 105b-1 trading plan adopted by McDowell in September 2023.

In other recent news, Autodesk Inc (NASDAQ:). reported a 2% increase in revenue and an earnings per share of $2.15 for the second quarter, with a free cash flow of $203 million. This positive financial performance is linked to Autodesk's successful transition to an agency model and a direct customer billing transaction model in North America, leading to a projected 11% increase in its full-year 2025 revenue growth guidance. Deutsche Bank (ETR:) maintained its Hold rating on Autodesk but increased the software company's price target from $280.00 to $330.00. Meanwhile, Barclays (LON:) and BMO Capital maintained their Overweight and Market Perform ratings on Autodesk, respectively, with price targets of $310 and $287. Additionally, Mizuho (NYSE:) and Citi retained their Neutral and Buy ratings on Autodesk respectively, with price targets of $260 and $325. These recent developments in Autodesk's financial performance and analyst ratings reflect the company's ongoing strategic focus on cloud and AI technologies, with new AI-related product releases and features across the industry.

InvestingPro Insights

Autodesk's recent insider transaction by Director Mary McDowell aligns with several key financial metrics and trends highlighted by InvestingPro. The company's stock price of $306.65 at the previous close is trading near its 52-week high, with a robust 35.71% price return over the past six months. This upward momentum is further evidenced by the stock's 39.13% total return over the past year.

InvestingPro data reveals that Autodesk boasts impressive gross profit margins of 91.92% for the last twelve months as of Q2 2025, underscoring the company's strong pricing power and operational efficiency. This is complemented by a solid revenue growth of 11.38% over the same period, reaching $5,805 million.

However, investors should note that Autodesk is trading at a high P/E ratio of 60.43, which is significantly above market averages. This valuation metric suggests that the stock may be priced for high growth expectations. An InvestingPro Tip points out that Autodesk is trading at a high earnings multiple, which could indicate that the stock is potentially overvalued relative to its current earnings.

For those seeking a more comprehensive analysis, InvestingPro offers 16 additional tips on Autodesk, providing a deeper dive into the company's financial health and market position. These insights can be particularly valuable for investors looking to make informed decisions in light of recent insider transactions and the company's current market valuation.

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