ADSK Jul 2024 280.000 call
| Previous close | 0.5500 |
| Open | 0.5500 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 280.00 |
| Expiry date | 2024-07-19 |
| Day's range | 0.5500 - 0.5500 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Reuters
Starboard Value takes about $500 million stake in Autodesk, WSJ reports
Starboard believes the company should improve its margins and make changes to its board, the report said without mentioning details, adding that the activist investor recently met with Autodesk executives to discuss concerns related to operations, corporate governance and the handling of a recent accounting probe that tanked the stock. Starboard criticized Autodesk in private conversations with the company for not disclosing an investigation and other material updates until after the company's window for shareholders to nominate director candidates closed in late March, according to the report. It is considering taking legal action to ask for Autodesk's director nomination window to be reopened and for the design-software maker's annual shareholder meeting, currently set for July 16, to be delayed, WSJ said.
- Investing.com
Starboard Value buys $500M stake in Autodesk, urges operational changes - WSJ
Investing.com - Activist investor Starboard Value has acquired a stake of approximately $500 million in design-software manufacturer Autodesk Inc (NASDAQ:ADSK) and is now advocating for changes within the company, according to the Wall Street Journal.
ZacksAutodesk (ADSK) Q1 Earnings and Sales Surpass Expectations
Autodesk's (ADSK) first-quarter fiscal 2025 results reflect gains from new business growth, resilient subscription renewal rates and strong competitive performance.
