Large Outflow of Money Witnessed in Autodesk

Autodesk (NASDAQ:ADSK) During the most recent session, the shares traded at 0.01 points or 0.02% higher at $56.78. The money flow data is unimpressive with the net money flow value of $(-12.82) million. As per the intraday data, the upticks measured $7.08 million and the downticks measured $19.9 million. As a result, the up/down ratio registered a value of 0.36. The shares have seen 1.07% price change for the week.A block trade also made an entry with $0 million flowing in through upticks while $12.65 million flew out through downticks. The block tradeoff had the up/down ratio of 0. The net money flow for this big transaction was $(-12.65) million.

Shares of Autodesk, Inc. appreciated by 0.89% during the last five trading days but lost 1.87% on a 4-week basis. Autodesk, Inc. has dropped 1.95% during the last 3-month period . Year-to-Date the stock performance stands at -6.98%.

Currently the company Insiders own 6.2% of Autodesk shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -20.17% . Institutional Investors own 97.09% of Autodesk shares. During last six month period, the net percent change held by insiders has seen a change of -14.75%. . On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Autodesk Inc, Norrington Lorrie M had sold 5,000 shares worth of $280,000 in a transaction dated June 15, 2016. In this transaction, 5,000 shares were sold at $56 per share.

Autodesk (NASDAQ:ADSK) witnessed a decline in the market cap on Friday as its shares dropped 0.16% or 0.09 points. After the session commenced at $56.74, the stock reached the higher end at $56.99 while it hit a low of $56.07. With the volume soaring to 2,216,994 shares, the last trade was called at $56.68. The company has a 52-week high of $65.78. The company has a market cap of $12,734 million and there are 224,656,060 shares in outstanding. The 52-week low of the share price is $41.6.

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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