Economy

Which Insider bought 75500 Shares Of Cadence Design Systems, Inc. (CDNS)?

Cadence Design Systems, Inc.'s stock has a beta of 0.91 meaning it is less volatile than the market overall which by definition has a beta of 1.

07/25/2017 - Cadence Design Systems, Inc. had its "outperform" rating reiterated by analysts at RBC Capital. It has outperformed by 21.20% the S&P500.

About 894,809 shares traded. (NASDAQ:HBCP) to report earnings on October, 24. Insider ownership during the latest quarter decreased by a net of 284385 shares, indicating that CDNS's key executives are feeling more bearish about the stock than they did three months ago. HBCP's profit will be $4.66 million for 17.00 P/E if the $0.63 EPS becomes a reality. Its down -0.08, from 1.17 in 2017Q1. For CDNS, the company now has $656 Million of cash on the books. The Bank conducts business through banking offices in the Greater Lafayette, Baton Rouge, Greater New Orleans and Northshore (of Lake Pontchartrain) regions of south Louisiana and the Natchez and Vicksburg regions of west Mississippi. It has a 49.05 P/E ratio. It last reported revenues of $479 million and EPS of $0.34 for the June 2017, representing 6% top-line growth and 0.29 EPS growth. The insider, RIBAR GEOFFREY G, now holds 169,413 shares of CDNS. $3.31 million worth of stock was sold by TAN LIP BU on Monday, May 15.

Several research analysts have weighed in on CDNS shares. Credit Suisse Group reissued an "outperform" rating on shares of Cadence Design Systems in a research report on Thursday, August 31st.

On average, analysts expect that Cadence Design Systems will report full-year earnings of $1.39 per share for the current fiscal year, with EPS estimates ranging from $1.37 to $1.40.

07/25/2017 - Cadence Design Systems, Inc. had its "buy" rating reiterated by analysts at Bank of America Merrill Lynch. The company's quarterly revenue was up 5.7% on a year-over-year basis. The value of the total investment in Cadence Design Systems, Inc. went from $777,000 to $1,196,000,000 increasing 153,825.4% quarter over quarter. Therefore 56% are positive. CDNS was included in 22 notes of analysts from July 29, 2015. Royal Bank Of Canada boosted their target price on Cadence Design Systems from $39.00 to $45.00 and gave the stock an "outperform" rating in a report on Wednesday.

Cadence Design Systems, Inc., launched on April 8, 1987, provides solutions that enable its customers to design electronic products. As per Tuesday, October 27, the company rating was maintained by Topeka Capital Markets.

02/28/2014 - Cadence Design Systems, Inc. was upgraded to "buy" by analysts at Jefferson Research. The stock carved out a 52-week low down at $24.15. (CDNS) to generate earnings per share of $1.00 in 2017. Its down 0.08, from 1.17 in 2017Q1.

Among institutions that increased their positions, 40 were new positions.

These funds have shifted positions in (CDNS). The software maker reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.02. The legal version of this piece of content can be viewed at https://www.truebluetribune.com/2017/10/12/cadence-design-systems-cdns-earns-daily-coverage-optimism-rating-of-0-19.html. Utah Retirement stated it has 50,675 shares. 2,786,023 shares of the company's stock were exchanged. First Quadrant Lp Ca holds 0.47% or 702,601 shares. Hightower Ltd Liability has 205,039 shares for 0.06% of their portfolio. Eaton Vance Mngmt holds 0.04% or 424,974 shares in its portfolio. The percentage of shares being held by the company management was 0.6% while institutional stake was 87.9%. Tocqueville Asset Management L.P. purchased a new position in Cadence Design Systems during the second quarter valued at approximately $206,000. Gulf Interest Bankshares (Uk) holds 0.04% or 89,650 shares. It is now trading at $41.39 just a bit higher than $38.69, the stock's 50 day moving average and quite a bit higher than the 200 day moving average of $35.20.

10/27/2015 - Cadence Design Systems, Inc. had its "overweight" rating reiterated by analysts at Piper Jaffray. Zacks Investment Research's EPS calculations are an average based on a survey of sell-side research firms that follow Cadence Design Systems.



Like this

loading...
loading...

Latest


13 October 2017
Download Play Store APK version 8.3.42
You can download this latest update for your Android TV-powered device via Google Play , or you can sideload it from APK Mirror . The scanning process is done 24/7, apparently not on your end, unless you decide to install the app.

13 October 2017
Adobe Systems Incorporated (ADBE) Position Maintained by Nelson Roberts Investment Advisors LLC
The stock of Adobe Systems Incorporated (NASDAQ:ADBE) earned "Equal-Weight" rating by Morgan Stanley on Wednesday, September 21. Canaccord Genuity boosted their price objective on shares of Adobe Systems to $145.00 in a report on Friday, March 17th.

13 October 2017
BJP's Jagruti Patel wins Bhandup by-election
The by-elections were conducted following the untimely demise of Congress corporator Pramila Patil on April 25. She was elected from Ward No. 21 (R-central Ward), which consists of Charkop area.

13 October 2017
Former DHS chief of staff nominated to be homeland security secretary
Former DHS Secretary Tom Ridge - the first person to ever hold the position, which President George W. Nielsen's nomination and help make America safer and more secure".

13 October 2017
CVS Health Corporation (CVS) Stake Raised by Advisor Partners LLC
The firm owned 26,992 shares of the pharmacy operator's stock after purchasing an additional 2,380 shares during the period. It dropped, as 84 investors sold CVS shares while 559 reduced holdings. 108 funds opened positions while 483 raised stakes.

13 October 2017
Tesla is recalling 11000 Model X SUVs over broken seats
Electric vehicle builder Tesla is calling back 11,000 examples of its Model X crossover to rectify a folding rear-seat issue. Tesla will be emailing customers with affected models today, and will be arranging service appointments.

13 October 2017
Christina Applegate 'Worried' About Daughter's Health After Undergoing Surgeries
Applegate and her husband, Martyn LeNoble, grow their own vegetables to make sure that they are eating clean and healthy foods. She had to make the best choice to avoid cancer and that meant having the surgery.

13 October 2017
Weird Food Alert: Tim Hortons' Buffalo Sauce Latte
It has all the makings of your classic latte , plus " Buffalo sauce flavor" and "a dusting of zesty Buffalo seasoning".

13 October 2017
OnePlus admits to collecting private data without user permission
It turns out that the Chinese company has been collecting massive amounts of user data without telling anyone about it. At any rate, the irony here is that OnePlus is breaching its users' privacy to provide better after-sales support.

13 October 2017
Ezekiel Elliott loses in appeals court; clearing way for suspension
A three-judge panel heard arguments on the case on October 2. They next play October 22 at San Francisco. Elliott was not present at that hearing.