Insider trading alert
And this time?
Significant insider purchase in $ADSK stock
A director at Autodesk (ADSK) purchased shares less than a week ago worth over half a million dollars.
This is the first significant insider purchase of the company's stock in over a year.
Autodesk (ADSK) is an American company specializing in developing software for 3D planning, design, and visualization, primarily for the architecture, engineering, construction, manufacturing, and entertainment sectors.
Its flagship product, AutoCAD, is considered a standard in the design and drafting industry. The company is focusing on transitioning to a cloud-based subscription model, which increases its recurring revenue.
What does he know that we don't?
We are monitoring closely.