Cadence Design Systems, Inc. (CDNS) has been actively discussed with various facts captured. Notably, share transactions have occurred, both in sales and purchases. It is significant to note that
V Square Quantitative Management LLC,
GLOBALT Investments LLC,
Napa Wealth Management, and
Profund Advisors LLC have all expanded their holdings in the company. Contrarily,
Dodge & Cox and
American Trust have reduced their shares, indicating a mixed perspective on the firm's future performance. The company's performance has varied, with instances of stocks performing better than market expectations while also experiencing drops. Notably, the company provided lower Q2 guidance, leading to a drop in its share price. It is worth considering that
Sr. Vice President Paul Cunningham and
Chin-Chi Teng have sold their stocks. Additionally, AI is expected to boost CDNS's operations. It is also important to note that
Cadence recently acquired
BETA CAE for
$1.24B, expanding into structural analysis, and partners with NVIDIA for advanced solutions. Despite changes in guidance and insider sales, the firm still holds promise.
Cadence Design Systems CDNS News Analytics from Fri, 19 Jan 2024 08:00:00 GMT to Sun, 16 Jun 2024 16:01:45 GMT -
Rating -1
- Innovation 4
- Information 5
- Rumor -3
