Cadence Design Systems, Inc. (CDNS) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

Cadence Design Systems, Inc. is listed on the NASDAQ in the Technology sector while operating in the Software – Application industry. The current market capitalization of Cadence Design Systems, Inc. is $86.46B. A total of 1.01 million shares were traded on the day, compared to an average of 1.59M shares.

In the most recent transaction, TENG CHIN-CHI sold 10,000 shares of CDNS for 305.84 per share on Jul 01 ’24. After the transaction, the Sr. Vice President now owns 95,408 company shares. In a previous transaction on Jul 01 ’24, Cunningham Paul sold 650 shares at 307.75 per share. CDNS shares that Sr. Vice President owns now total 65,844.

Among the insiders who sold shares, Nisewaner Karna disposed of 600 shares on Jul 01 ’24 at a per-share price of $307.75. This resulted in the SVP & General Counsel holding 19,280 shares of CDNS after the transaction. In another insider transaction, SANGIOVANNI VINCENTELLI ALBERT sold 1,500 shares at $309.09 per share on Jun 14 ’24. Company shares held by the Director now total 48,051.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, CDNS has a high of $328.99 and a low of $217.77.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. CDNS’s latest balance sheet shows that the firm has $1.09B in Cash & Short Term Investments as of fiscal 2021. There were $454.71M in debt and $971.23M in liabilities at the time. Its Book Value Per Share was $13.11, while its Total Shareholder’s Equity was $2.74B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CDNS is Buy with a score of 4.46.

Most Popular

Related Posts