Cadence Design Systems, Inc. (NASDAQ:CDNS) reported earnings of $0.34 per share beating Walls Streets expectations.

ME Staff
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Cadence Design Systems, Inc. (NASDAQ:CDNS) reported Q2 2017 earnings this Afternoon, coming in at $0.34 per share, beating Wall Street’s estimates of $0.32 per Share. Revenue for the quarter came in at $479.00 million beating analyst estimates of $476.21 million

Analyst Coverage For Cadence Design Systems, Inc. (NASDAQ:CDNS)
These are 1 Sell Rating, 2 Hold Ratings, 2 Buy Ratings .
The current consensus rating for Cadence Design Systems, Inc. (NASDAQ:CDNS) is Hold (Score: 2.20) with a consensus target price of $28.60 , a potential (18.45% downside)

Recent Insider Trading for Cadence Design Systems, Inc. (NASDAQ:CDNS)

  • On 7/19/2017 Thomas P Beckley, Insider, sold 56,250 with an average share price of $35.00 per share and the total transaction amounting to $1,968,750.00.
  • On 7/17/2017 Lip Bu Tan, CEO, sold 100,000 with an average share price of $34.68 per share and the total transaction amounting to $3,468,000.00.
  • On 6/15/2017 Lip Bu Tan, CEO, sold 100,000 with an average share price of $34.04 per share and the total transaction amounting to $3,404,000.00.
  • On 5/23/2017 James J Cowie, VP, sold 55,000 with an average share price of $33.28 per share and the total transaction amounting to $1,830,400.00.
  • On 5/23/2017 John B Shoven, Director, sold 50,000 with an average share price of $34.00 per share and the total transaction amounting to $1,700,000.00.
  • On 5/22/2017 James J Cowie, VP, sold 44,000 with an average share price of $33.09 per share and the total transaction amounting to $1,455,960.00.



    Recent Trading for Cadence Design Systems, Inc. (NASDAQ:CDNS)
    Shares of Cadence Design Systems, Inc. closed the previous trading session at 35.07 up +0.09 0.26% with 3,590,504 shares trading hands.