Insider Sale at Autodesk (ADSK) Continues Selling Trend

Wednesday, November 01, 2017 10:15 PM ET

Insider Sale at Autodesk (ADSK) Continues Selling Trend

A substantial insider sale of the shares of Autodesk was indicated in a form 4 document filed with the SEC today, showing — Pascal W Di Fronzo, Officer — sold 19,577 shares in the company having a market value of approximately $2,447,125. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 35,212 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 54,789 shares and have averaged 10,958 shares per transaction over this time period.

The number of insider buy/sell trades at Autodesk is higher than that of the 31 peer company average over the last 90-day period. The Application Software peer group saw 105 buy/sell trades during this period for an average of 3.4 transactions per company. However, the number of shares traded per transaction by Autodesk insiders is lower than its peers. Within the peer group there were 3,424 shares purchased and 1,952,132 shares sold with company insiders disposing of 18,559 shares on average over this time period.

In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated data obtained to compose and write this story.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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