This Insider Has Just Sold Shares In Autodesk, Inc. (NASDAQ:ADSK)

Anyone interested in Autodesk, Inc. (NASDAQ:ADSK) should probably be aware that a company insider, Rebecca Pearce, recently divested US$334k worth of shares in the company, at an average price of US$208 each. However, the silver lining is that the sale only reduced their total holding by 7.7%, so we’re hesitant to read anything much into it, on its own.
Check out our latest analysis for Autodesk
The Last 12 Months Of Insider Transactions At Autodesk
Over the last year, we can see that the biggest insider sale was by the Executive VP & CFO, Deborah Clifford, for US$1.6m worth of shares, at about US$290 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (US$208). So it is hard to draw any strong conclusion from it.
In the last year Autodesk insiders didn’t buy any company stock. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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Insider Ownership of Autodesk
For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. It appears that Autodesk insiders own 0.2% of the company, worth about US$68m. While this is a strong but not outstanding level of insider ownership, it’s enough to indicate some alignment between management and smaller shareholders.
What Might The Insider Transactions At Autodesk Tell Us?
An insider sold stock recently, but they haven’t been buying. And there weren’t any purchases to give us comfort, over the last year. Insiders own shares, but we’re still pretty cautious, given the history of sales. We’d practice some caution before buying! So these insider transactions can help us build a thesis about the stock, but it’s also worthwhile knowing the risks facing this company. You’d be interested to know, that we found 3 warning signs for Autodesk and we suggest you have a look.
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For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.