Stock News Buzz: Autodesk, Inc. (NASDAQ: ADSK)

Autodesk, Inc. (NASDAQ: ADSK) holds 225.54 million shares outstanding and 217.62 million shares are floated in market. The company revealed recent move of 0.30% to $154.69.  Around 1767215 shares traded in most recent trading session compared to an average volume of 1814.78K. The stock changed with return 0.55% over last weekly period.

 The monthly performance of stock was observed at -4.22%. ADSK’s shares are moving at 23.82% for the quarter and managed a 17.72% return over the course of the past year and is now at 20.28% since this point in 2018. 

Autodesk, Inc. (NASDAQ: ADSK) reported the appointment of Blake Irving to its Board of Directors, effective March 22, 2019. Irving has more than 25 years of executive leadership experience, having most recently served as chief executive officer of GoDaddy where he reshaped the domain-name company into a global cloud platform before a successful IPO.

“Blake is a proven technology leader who brings a wealth of executive knowledge to the Autodesk board,” said Andrew Anagnost, Autodesk president and CEO. “Having been at the forefront of innovation for cloud platforms and subscription services, Blake’s expertise will help inform Autodesk as we work to accelerate the delivery of self-service and automation capabilities to our entire ecosystem.”

“Blake has a deep understanding of what it takes to grow a large company,” said Stacy Smith, chairman of the board of Autodesk. “His experience leading GoDaddy, and growing Yahoo! and Microsoft’s business, will no doubt bring valuable insights to Autodesk.”

Prior to GoDaddy, Irving served as Executive Vice President and Chief Product Officer at Yahoo!, where he was responsible for the company’s global consumer and advertiser product portfolio and grew its active users from 550 million to nearly one billion during his tenure. Irving also spent 15 years in senior roles at Microsoft, most recently as Corporate Vice President of Global Cloud Platforms where he led efforts to build and operate an efficient, global Internet-scale services platform.

 Its quarter to quarter sales remained 28.30% and sales observed at -2.30% over past 5 years. The stock beta value is 1.91. ADSK stock changed at 9.74% distance from its 200-day moving average. On a similar note, the stock marked distance of 2.26% from its 50-day moving average and moved -1.17% away from its 20-day moving average. The average volatility for the week and month was at 2.49% and 2.49% respectively. 

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