After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.
Stocks Info
The company is listed on the NASDAQ and operates within the Software – Application industry segment. The current market capitalization of Cadence Design Systems, Inc is $81.81B. A total of 1.45 million shares were traded on the day, compared to an average of 1.59M shares.
In the most recent transaction, PAUL A CUNNINGHAM bought 650 shares of CDNS for 292.32 per share on Feb 03 ’25. In a previous transaction on Jan 06 ’25, DEVGAN ANIRUDH sold 93,151 shares at 310.00 per share. CDNS shares that President and CEO owns now total 55,874.
Among the insiders who sold shares, TENG CHIN-CHI disposed of 12,500 shares on Jan 03 ’25 at a per-share price of $299.85. This resulted in the Sr. Vice President holding 93,275 shares of CDNS after the transaction. In another insider transaction, DEVGAN ANIRUDH sold 5,920 shares at $304.04 per share on Jan 02 ’25. Company shares held by the President and CEO now total 55,874.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, CDNS has a high of $328.99 and a low of $241.29.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s 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 $16.64, while its Total Shareholder’s Equity was $2.74B.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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 4.50.