Senator Angus S. King Jr., an independent representative from Maine, has made a notable investment in Autodesk, Inc. (NASDAQ:ADSK). According to a filing disclosed on August 18, 2025, King purchased shares valued between $1,001 and $15,000 on July 21, 2025. This acquisition is part of a broader strategy, as the Senator also acquired shares in several other major companies on the same day.
In addition to Autodesk, King bought shares worth between $1,001 and $15,000 in JPMorgan Chase & Co. (NYSE:JPM), Microsoft (NASDAQ:MSFT), Lowe’s Companies (NYSE:LOW), Alphabet (NASDAQ:GOOGL), Exxon Mobil (NYSE:XOM), Arista Networks (NYSE:ANET), Uber Technologies (NYSE:UBER), Netflix (NASDAQ:NFLX), PayPal (NASDAQ:PYPL), and Quanta Services (NYSE:PWR). Each trade reflects a strategic move in a diverse portfolio aimed at capitalizing on growth opportunities in various sectors.
Current Market Performance of Autodesk
As of the latest trading session, Autodesk shares opened at $286.06, showing a slight decline of 0.9%. The stock has experienced fluctuations over the past year, reaching a low of $232.67 and a high of $326.62. With a market capitalization of $61.22 billion, Autodesk maintains a price-to-earnings (P/E) ratio of 61.25 and a beta of 1.46.
Analysts have recently weighed in on Autodesk’s potential. Macquarie has reiterated an “outperform” rating with a target price of $360.00, while Piper Sandler raised their target from $357.00 to $361.00. Berenberg Bank upgraded the stock from a “hold” to a “buy” rating, increasing their price target to $365.00. Currently, the consensus among analysts is a “Moderate Buy” with an average price target of $343.04.
Insider Trading Activity and Institutional Investments
In related news, Autodesk’s executive vice president, Rebecca Pearce, sold 3,251 shares of the company on July 3, 2025, at an average price of $315.00, totaling $1,024,065.00. Following this transaction, Pearce holds 19,440 shares valued at approximately $6,123,600. This sale represents a 14.33% reduction in her ownership of Autodesk stock.
Institutional investors have also shown significant activity regarding Autodesk shares. Notably, SouthState Corp increased its holdings by 500.0% in the first quarter of 2025, now owning 96 shares valued at $25,000. Other firms, including Costello Asset Management and Close Asset Management, have also acquired new stakes in Autodesk, reflecting growing institutional confidence in the company.
Senator King, who began his term in the U.S. Senate on January 3, 2013, is up for re-election, with his current term set to end on January 3, 2031. His recent investments may indicate a strategic approach to align with companies poised for growth in technology and innovation.
Autodesk is renowned for providing comprehensive solutions in 3D design, engineering, and entertainment technology. Its offerings include products like AutoCAD, Fusion 360, and various tools tailored for architecture, engineering, and construction sectors, further solidifying its position in the market. As the company continues to innovate and adapt, it remains a focal point for both individual and institutional investors alike.
