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April 22, 2024
Cadence Design Systems (NASDAQ:CDNS – Get Free Report) updated its second quarter 2024 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 1.200-1.240 for the period, compared to the consensus estimate of 1.430. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion. […]
April 22, 2024
Cadence Design Systems (NASDAQ:CDNS – Get Free Report) updated its FY 2024 earnings guidance on Monday. The company provided EPS guidance of 5.880-5.980 for the period, compared to the consensus EPS estimate of 5.940. The company issued revenue guidance of $4.6 billion-$4.6 billion, compared to the consensus revenue estimate of $4.6 billion. Cadence Design Systems […]
April 20, 2024
Cadence Design Systems, Inc. (NASDAQ:CDNS – Get Free Report) Director Vincentelli Albert Sangiovanni sold 1,500 shares of the business’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $308.83, for a total transaction of $463,245.00. Following the completion of the sale, the director now owns 50,183 shares […]
April 20, 2024
Cadence Design Systems (NASDAQ:CDNS – Free Report) had its price objective boosted by Wells Fargo & Company from $330.00 to $350.00 in a report released on Tuesday, Benzinga reports. The brokerage currently has an overweight rating on the software maker’s stock. Other research analysts also recently issued research reports about the company. Morgan Stanley raised […]
April 19, 2024
Cadence Design Systems, Inc. (NASDAQ:CDNS – Free Report) – Research analysts at Zacks Research cut their Q1 2025 earnings per share estimates for Cadence Design Systems in a research note issued on Thursday, April 18th. Zacks Research analyst V. Doshi now anticipates that the software maker will earn $1.16 per share for the quarter, down […]
April 11, 2024
Turtle Creek Wealth Advisors LLC bought a new position in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 367 shares of the software maker’s stock, valued at approximately $100,000. […]
April 11, 2024
Janiczek Wealth Management LLC grew its stake in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS – Free Report) by 4.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,643 shares of the software maker’s stock after purchasing an additional […]
April 10, 2024
Tobam increased its holdings in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS – Free Report) by 34.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,684 shares of the software maker’s stock after purchasing an additional 430 shares during the period. Tobam’s holdings […]
April 9, 2024
Peregrine Capital Management LLC lowered its holdings in Cadence Design Systems, Inc. (NASDAQ:CDNS – Free Report) by 3.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 89,030 shares of the software maker’s stock after selling 3,452 shares during the period. Cadence Design […]
April 9, 2024
Peregrine Capital Management LLC lowered its position in Cadence Design Systems, Inc. (NASDAQ:CDNS – Free Report) by 3.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,030 shares of the software maker’s stock after selling 3,452 shares […]