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June 1, 2023
Cadence Design Systems, Inc. (NASDAQ:CDNS – Get Rating) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 3,750,000 shares, a growth of 10.6% from the April 30th total of 3,390,000 shares. Based on an average trading volume of 1,760,000 shares, the short-interest ratio […]
June 1, 2023
Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Cadence Design Systems, Inc. (NASDAQ:CDNS – Get Rating) by 15.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 46,369 shares of the software maker’s stock after acquiring an additional 6,310 shares during the quarter. Commonwealth of Pennsylvania Public School Empls […]
May 31, 2023
Fund Management at Engine No. 1 LLC lifted its position in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS – Get Rating) by 14.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,020 shares of the software maker’s stock after buying an additional 386 […]
May 31, 2023
SG Capital Management LLC acquired a new position in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS – Get Rating) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 9,225 shares of the software maker’s stock, valued at approximately $1,482,000. A number of other institutional […]
May 28, 2023
Checchi Capital Advisers LLC trimmed its position in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS – Get Rating) by 4.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,292 shares of the software maker’s stock after selling 97 shares during the period. […]
May 26, 2023
Shares of Cadence Design Systems, Inc. (NASDAQ:CDNS – Get Rating) have been given an average recommendation of “Moderate Buy” by the eleven research firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The […]
May 26, 2023
Cadence Design Systems (NASDAQ:CDNS – Get Rating) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday. Other equities research analysts have also recently issued reports about the company. Robert W. Baird lifted their price objective on Cadence Design Systems from $215.00 to $223.00 […]
May 26, 2023
Shares of Cadence Design Systems, Inc. (NASDAQ:CDNS – Get Rating) reached a new 52-week high during trading on Friday . The stock traded as high as $228.86 and last traded at $228.16, with a volume of 255194 shares traded. The stock had previously closed at $224.49. Analyst Ratings Changes Several analysts have recently commented on […]
May 26, 2023
Cadence Design Systems (CDNS) Has the Right Tempo for Further Upside...CDNS
May 25, 2023
Shares of Cadence Design Systems, Inc. (NASDAQ:CDNS – Get Rating) shot up 5.7% during mid-day trading on Thursday . The stock traded as high as $216.63 and last traded at $215.22. 455,573 shares were traded during trading, a decline of 73% from the average session volume of 1,676,549 shares. The stock had previously closed at […]