Page 30 - Cdns News Today

By Denny Jacob Cadence Design Systems logged higher net income and revenue in the latest quarter. The company, which focuses on electronic systems design,...

Cadence shares fell after hours Monday as the short-term forecast fell short of Wall Street expectations even after company raised the outlook for the year.

Graypoint LLC acquired a new stake in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,192 shares of the software maker’s stock, valued at approximately $250,000. Several other large investors […]

Cadence Design Systems (NASDAQ:CDNS – Free Report) had its price objective raised by Wells Fargo & Company from $250.00 to $270.00 in a research note published on Tuesday, Marketbeat.com reports. Wells Fargo & Company currently has an overweight rating on the software maker’s stock. CDNS has been the subject of several other research reports. Bank […]

PDS Planning Inc purchased a new position in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS – Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 1,228 shares of the software maker’s stock, valued at approximately $258,000. Other institutional investors and hedge funds have also bought […]

Amalgamated Bank grew its holdings in Cadence Design Systems, Inc. (NASDAQ:CDNS – Free Report) by 3.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 77,818 shares of the software maker’s stock after purchasing an additional 2,777 shares during the quarter. Amalgamated Bank’s holdings in […]

Parnassus Investments LLC lessened its holdings in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS – Free Report) by 14.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 54,507 shares of the software maker’s stock after selling 9,510 shares during the […]

Cadence Design Systems, Inc. (NASDAQ:CDNS – Free Report) – Equities research analysts at KeyCorp lifted their Q2 2023 earnings per share estimates for Cadence Design Systems in a research note issued to investors on Wednesday, July 12th. KeyCorp analyst J. Celino now anticipates that the software maker will earn $0.94 per share for the quarter, […]

Signaturefd LLC lowered its stake in Cadence Design Systems, Inc. (NASDAQ:CDNS – Free Report) by 6.7% in the first quarter, Holdings Channel reports. The fund owned 10,695 shares of the software maker’s stock after selling 773 shares during the quarter. Signaturefd LLC’s holdings in Cadence Design Systems were worth $2,247,000 at the end of the […]

Cadence Design Systems (NASDAQ:CDNS – Free Report) had its price objective upped by KeyCorp from $235.00 to $265.00 in a research report report published on Thursday morning, FlyOnTheWall reports. KeyCorp also issued estimates for Cadence Design Systems’ FY2023 earnings at $4.02 EPS. Other equities analysts have also issued reports about the stock. Robert W. Baird […]