| SEC FORM 4 | Buy . D . $794K . ADSKD |
Autodesk's interim CFO walked in with $794K of her own money this week. Discretionary. Not a scheduled buy, not a token gesture. She added 12.6% to her position while the stock sits 30% below its 52-week high of $329, currently trading at $229.60. The stock is flat year-to-date after last year's 18% decline.
Here's the setup: Autodesk reports earnings May 22. Last quarter they beat by 3.8%. The interim CFO just increased her stake by double digits six weeks before she sees those numbers presented to the board. She's betting $794K that the gap between $229 and $329 closes. CFOs don't usually add to positions right before earnings unless the print looks clean.
ADSK $229.60 . 52w: $214-$329 . +0% YTD