Autodesk Inc (ADSK, +1, 1-June-26)

Stacy Smith (Chairman since Jun 2018, joined 2011) bought $794,000 of stock on May 29th at $231.17, increasing his stake by 15%. Despite a long tenure, this is his first purchase and a reversal from a series of sales, most recently for $1.8 million at $244 in January 2024. 

He is a Director at Wolfspeed and Intel (formerly CFO; executive, 1988-2018). This is an unusual purchase from a long-serving insider. The company reported on May 29th. 

We are ranking the stock +1 (strongly positive).

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