Analyst Activity – Credit Suisse Group Reiterates In-Line on Cadence Design Systems (NASDAQ:CDNS)

ME Staff

7 years ago

Analyst Ratings For Cadence Design Systems (NASDAQ:CDNS)

Today, Credit Suisse Group reiterated its In-Line rating on Cadence Design Systems (NASDAQ:CDNS) with a price target of $43.00.

Some recent analyst ratings include

2/1/2018-Credit Suisse Group Reiterated Rating of In-Line .
11/26/2017-KeyCorp Reiterated Rating of Hold.
10/29/2017-Needham & Company LLC Reiterated Rating of Hold.
10/27/2017-Royal Bank of Canada Reiterated Rating of Buy.
12/12/2016-JPMorgan Chase & Co. was Downgraded by analysts at JPMorgan Chase & Co. from a “Neutral ” rating to a ” Underweight” rating. They now have a $25.00 price target on the stock.

Recent Insider Trading Activity For Cadence Design Systems (NASDAQ:CDNS)
Cadence Design Systems (NASDAQ:CDNS) has insider ownership of 2.55% and institutional ownership of 84.47%.

On 1/16/2018 Anirudh Devgan, President, sold 44,526 with an average share price of $45.01 per share and the total transaction amounting to $2,004,115.26.
On 1/16/2018 Lip Bu Tan, CEO, sold 25,000 with an average share price of $44.69 per share and the total transaction amounting to $1,117,250.00.
On 1/8/2018 John B Shoven, Director, sold 50,000 with an average share price of $45.00 per share and the total transaction amounting to $2,250,000.00.
On 1/8/2018 John M Wall, CFO, sold 750 with an average share price of $43.95 per share and the total transaction amounting to $32,962.50.
On 12/15/2017 Lip Bu Tan, CEO, sold 100,000 with an average share price of $43.52 per share and the total transaction amounting to $4,352,000.00.
On 12/11/2017 John M Wall, CFO, sold 750 with an average share price of $43.69 per share and the total transaction amounting to $32,767.50.
On 12/5/2017 James J Cowie, VP, sold 35,000 with an average share price of $42.75 per share and the total transaction amounting to $1,496,250.00.

Recent Trading Activity for Cadence Design Systems (NASDAQ:CDNS)
Shares of Cadence Design Systems closed the previous trading session at 43.46 down -1.40 3.12% with 45.22999954223633 shares trading hands.