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.



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