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Autodesk, Inc. (NASDAQ:ADSK), a $65 billion software company with impressive 92% gross profit margins, saw its Executive Vice President and Chief People Officer Rebecca Pearce sell 2,544 shares of common stock on June 24, 2025, at a price of $305.0, for a total transaction value of $775920. According to InvestingPro analysis, the company currently trades at premium multiples, reflecting its strong market position.
Following the transaction, Pearce directly owns 25,801 shares of Autodesk, Inc., which includes 13,217 shares of unvested Restricted Stock Units.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 11, 2025. The transaction was reported in a Form 4 filing with the Securities and Exchange Commission.
In other recent news, Autodesk reported a promising start to the fiscal year with first-quarter results showing an 11% increase in constant-currency revenue growth, as noted by Piper Sandler. The company’s profitability was highlighted by a free cash flow of $556 million and EBIT margins of 37%, surpassing expectations. Citi analyst Tyler Radke raised the price target for Autodesk to $376, citing strong performance in renewing large Enterprise Business Agreements and improvements in margin efficiency. Meanwhile, DA Davidson increased its target to $305, acknowledging robust growth across various products and industries, with normalized revenue growth at 11%.
Autodesk’s management remains optimistic about medium-term opportunities, particularly in construction-related workloads, while maintaining a cautious stance on full-year guidance. The company has slightly reduced its billings growth range by 1% to account for potential macroeconomic risks. BMO Capital reiterated its Market Perform rating, reflecting a balanced view of Autodesk’s current market position and future prospects. Piper Sandler and Citi both expressed confidence in Autodesk’s capital allocation strategy, particularly its commitment to share buybacks.
The company’s ongoing transition to a transactional model is noted to enhance margin efficiency, contributing to raised targets for annual operating margin and free cash flow. Despite the cautious approach in guidance, Autodesk’s early momentum in revenue and profit margins suggests a solid foundation for continued performance. The firm’s focus remains on leveraging its current capabilities to drive growth in the near term, with substantial impacts from AI developments anticipated to be several years away.
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