Index NDX, S&P 500
P/E 73.42
EPS (ttm) 3.12
Insider Own 0.60%
Shs Outstand 272.68M
Perf Week -0.17%
Market Cap 63.26B
Forward P/E 40.11
EPS next Y 5.72
Insider Trans -27.68%
Shs Float 270.06M
Perf Month 12.30%
Income 855.40M
PEG 4.19
EPS next Q 1.18
Inst Own 90.20%
Short Float / Ratio 1.39% / 1.97
Perf Quarter 17.19%
Sales 3.68B
P/S 17.18
EPS this Y 23.70%
Inst Trans 0.93%
Short Interest 3.75M
Perf Half Y 42.79%
Book/sh 10.91
P/B 21.02
EPS next Y 13.73%
ROA 17.40%
Target Price 229.82
Perf Year 43.38%
Cash/sh 3.32
P/C 68.99
EPS next 5Y 17.54%
ROE 31.10%
52W Range 138.76 - 239.00
Perf YTD 42.74%
Dividend -
P/FCF 60.79
EPS past 5Y 51.80%
ROI 25.10%
52W High -4.06%
Beta 1.06
Dividend % -
Quick Ratio 1.30
Sales past 5Y 12.90%
Gross Margin 89.20%
52W Low 65.25%
ATR 6.33
Employees 10200
Current Ratio 1.40
Sales Q/Q 13.30%
Oper. Margin 29.30%
RSI (14) 60.01
Volatility 2.99% 2.74%
Optionable Yes
Debt/Eq 0.23
EPS Q/Q 4.20%
Profit Margin 23.20%
Rel Volume 0.68
Prev Close 228.08
Shortable Yes
LT Debt/Eq 0.22
Earnings Apr 24 AMC
Payout 0.00%
Avg Volume 1.91M
Price 229.30
Recom 1.90
SMA20 5.22%
SMA50 7.67%
SMA200 25.38%
Volume 1,295,178
Change 0.53%
Date
Action
Analyst
Rating Change
Price Target Change
Jan-17-23 Upgrade
Atlantic Equities
Neutral → Overweight
$200
Dec-16-22 Upgrade
BofA Securities
Neutral → Buy
Sep-29-22 Initiated
Deutsche Bank
Buy
$200
Sep-08-22 Initiated
Stifel
Hold
$200
Aug-17-22 Initiated
Wolfe Research
Outperform
$210
Jun-29-22 Upgrade
BofA Securities
Underperform → Neutral
$160 → $175
Feb-23-22 Upgrade
Berenberg
Hold → Buy
$180
Jan-10-22 Reiterated
BofA Securities
Underperform
$160 → $180
Dec-14-21 Downgrade
JP Morgan
Overweight → Neutral
$185
Oct-20-21 Initiated
Needham
Buy
$183
Sep-17-21 Resumed
Rosenblatt
Buy
$173
Jun-25-21 Initiated
Rosenblatt
Buy
$156
Jan-11-21 Downgrade
BofA Securities
Buy → Underperform
Jan-05-21 Upgrade
KeyBanc Capital Markets
Sector Weight → Overweight
$155
Dec-09-20 Upgrade
JP Morgan
Neutral → Overweight
$122 → $145
May-27-20 Initiated
UBS
Neutral
$91
Apr-22-20 Upgrade
BofA/Merrill
Neutral → Buy
Feb-19-20 Initiated
Robert W. Baird
Outperform
$93
Feb-13-20 Resumed
The Benchmark Company
Buy
$90
Oct-11-19 Upgrade
Wells Fargo
Market Perform → Outperform
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04:03PM (Investor's Business Daily)
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Mar-29-23 03:25PM
03:15PM (Investor's Business Daily)
Mar-28-23 12:00PM
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Mar-22-23 05:59PM
Mar-17-23 04:33PM
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Mar-15-23 01:16PM
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and Innovus implementation system, a physical implementation system. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP with memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile, consumer, and hyperscale computing markets. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.
Insider Trading
Relationship
Date
Transaction
Cost
#Shares
Value ($)
#Shares Total
SEC Form 4
Cunningham Paul Sr. Vice President Jun 01 Sale 228.57 1,000 228,570 96,124 Jun 05 05:09 PM Nisewaner Karna Corporate VP, General Counsel Jun 01 Sale 228.57 100 22,857 22,094 Jun 05 05:13 PM BECKLEY THOMAS P Sr. Vice President May 19 Option Exercise 35.19 50,000 1,759,250 235,761 May 23 05:08 PM BECKLEY THOMAS P Sr. Vice President May 19 Sale 217.29 50,000 10,864,713 185,761 May 23 05:08 PM BECKLEY THOMAS P Sr. Vice President May 18 Option Exercise 35.25 50,775 1,789,924 261,764 May 22 08:01 PM BECKLEY THOMAS P Sr. Vice President May 18 Sale 209.33 76,003 15,909,771 185,761 May 22 08:01 PM TAN LIP BU Former Executive Chair May 16 Option Exercise 30.79 42,500 1,308,575 645,089 May 18 06:21 PM TAN LIP BU Former Executive Chair May 16 Sale 202.55 42,500 8,608,573 602,589 May 18 06:21 PM Nisewaner Karna Corporate VP, General Counsel May 01 Sale 209.10 100 20,910 22,194 May 03 05:17 PM TAN LIP BU Executive Chair Apr 28 Sale 209.82 30,000 6,294,657 808,040 May 02 06:59 PM TAN LIP BU Executive Chair Apr 14 Option Exercise 30.79 42,500 1,308,575 645,089 Apr 18 06:04 PM TAN LIP BU Executive Chair Apr 14 Sale 214.58 42,500 9,119,732 602,589 Apr 18 06:04 PM Nisewaner Karna Corporate VP, General Counsel Apr 05 Sale 210.12 100 21,012 22,294 Apr 07 05:08 PM WALL JOHN M Sr. VP & CFO Apr 03 Sale 209.28 11,000 2,302,110 108,430 Apr 05 05:13 PM TAN LIP BU Executive Chair Mar 31 Sale 209.04 30,000 6,271,147 838,040 Apr 04 05:39 PM DEVGAN ANIRUDH President and CEO Mar 17 Sale 207.11 25,715 5,325,722 148,178 Mar 21 05:16 PM ZAMAN ANEEL Sr. Vice President Mar 17 Sale 207.11 12,858 2,662,977 68,742 Mar 21 05:18 PM TAN LIP BU Executive Chair Mar 16 Option Exercise 30.79 42,500 1,308,575 645,089 Mar 17 05:49 PM ZAMAN ANEEL Sr. Vice President Mar 16 Option Exercise 81.24 15,017 1,219,990 111,868 Mar 17 06:10 PM TAN LIP BU Executive Chair Mar 16 Sale 206.09 42,500 8,758,660 602,589 Mar 17 05:49 PM ZAMAN ANEEL Sr. Vice President Mar 16 Sale 201.62 17,626 3,553,780 94,242 Mar 17 06:10 PM DEVGAN ANIRUDH President and CEO Mar 16 Sale 201.65 5,645 1,138,319 199,178 Mar 17 06:07 PM WALL JOHN M Sr. VP & CFO Mar 09 Option Exercise 56.57 37,260 2,107,798 158,000 Mar 13 06:01 PM WALL JOHN M Sr. VP & CFO Mar 09 Sale 199.88 37,260 7,447,529 120,740 Mar 13 06:01 PM Nisewaner Karna Corporate VP, General Counsel Mar 06 Sale 196.94 100 19,694 15,273 Mar 08 06:59 PM TAN LIP BU Executive Chair Feb 28 Sale 194.07 30,000 5,822,185 868,040 Mar 02 05:12 PM ZAMAN ANEEL Sr. Vice President Feb 28 Sale 193.26 1,553 300,133 86,053 Mar 01 07:13 PM DEVGAN ANIRUDH President and CEO Feb 28 Sale 193.26 1,525 294,722 172,414 Mar 01 07:05 PM ZAMAN ANEEL Sr. Vice President Feb 27 Sale 195.35 1,801 351,825 88,444 Mar 01 07:13 PM TENG CHIN-CHI Sr. Vice President Feb 23 Option Exercise 56.57 2,000 113,140 142,148 Feb 27 05:37 PM DEVGAN ANIRUDH President and CEO Feb 23 Sale 197.46 3,147 621,396 175,433 Feb 27 05:39 PM SANGIOVANNI VINCENTELLI ALBERT Director Feb 17 Sale 193.80 10,000 1,937,994 78,410 Feb 22 05:23 PM TAN LIP BU Executive Chair Feb 16 Option Exercise 30.79 42,500 1,308,575 645,089 Feb 21 05:19 PM TAN LIP BU Executive Chair Feb 16 Sale 195.27 42,500 8,299,062 602,589 Feb 21 05:19 PM WALL JOHN M Sr. VP & CFO Feb 15 Sale 199.88 3,943 788,127 122,206 Feb 16 06:33 PM SANGIOVANNI VINCENTELLI ALBERT Director Feb 10 Option Exercise 14.22 10,000 142,200 88,410 Feb 14 07:20 PM Cunningham Paul Sr. Vice President Feb 06 Sale 184.46 250 46,115 92,354 Feb 08 05:42 PM Nisewaner Karna Corporate VP, General Counsel Feb 01 Sale 181.78 100 18,178 15,853 Feb 03 08:00 PM TAN LIP BU Executive Chair Jan 31 Sale 182.53 30,000 5,475,787 898,040 Feb 02 05:36 PM Nisewaner Karna Corporate VP, General Counsel Jan 23 Sale 180.00 1,000 180,000 15,793 Jan 25 05:45 PM TAN LIP BU Executive Chair Jan 17 Option Exercise 30.79 42,500 1,308,575 645,089 Jan 19 07:14 PM TAN LIP BU Executive Chair Jan 17 Sale 173.39 42,500 7,369,027 602,589 Jan 19 07:14 PM Cunningham Paul Sr. Vice President Jan 05 Sale 157.56 250 39,390 93,189 Jan 09 05:03 PM TAN LIP BU Executive Chair Dec 21 Sale 164.55 40,000 6,581,925 956,936 Dec 22 05:54 PM Cunningham Paul Sr. Vice President Dec 05 Sale 170.45 250 42,612 93,439 Dec 07 07:08 PM SANGIOVANNI VINCENTELLI ALBERT Director Dec 01 Sale 175.62 7,550 1,325,960 100,590 Dec 05 08:04 PM SOHN YOUNG Director Nov 30 Option Exercise 14.36 10,000 143,600 46,372 Dec 02 06:51 PM SOHN YOUNG Director Nov 30 Sale 166.00 10,000 1,660,000 36,372 Dec 02 06:51 PM TAN LIP BU Executive Chair Nov 21 Sale 162.66 40,000 6,506,402 996,936 Nov 22 07:10 PM Cunningham Paul Sr. Vice President Nov 07 Sale 143.63 250 35,908 93,689 Nov 08 05:25 PM TAN LIP BU Executive Chair Oct 21 Sale 156.11 40,000 6,244,483 1,036,936 Oct 25 05:08 PM TAN LIP BU Executive Chair Oct 17 Option Exercise 19.60 50,000 980,000 652,589 Oct 18 07:02 PM TAN LIP BU Executive Chair Oct 17 Sale 154.66 50,000 7,733,065 602,589 Oct 18 07:02 PM Cunningham Paul Sr. Vice President Oct 05 Sale 170.01 250 42,502 93,939 Oct 07 07:43 PM Adams Mark Director Sep 26 Sale 162.98 6,000 977,890 11,407 Sep 28 07:56 PM TAN LIP BU Executive Chair Sep 21 Sale 168.76 40,000 6,750,246 1,076,936 Sep 23 08:57 PM TAN LIP BU Executive Chair Sep 15 Option Exercise 19.60 50,000 980,000 652,589 Sep 19 09:13 PM TAN LIP BU Executive Chair Sep 15 Sale 162.87 50,000 8,143,522 602,589 Sep 19 09:13 PM TENG CHIN-CHI Sr. Vice President Sep 12 Sale 174.59 11,000 1,920,522 141,104 Sep 14 07:38 PM Cunningham Paul Sr. Vice President Sep 06 Sale 168.39 250 42,098 94,189 Sep 08 05:24 PM DEVGAN ANIRUDH President and CEO Aug 29 Sale 176.34 1,523 268,566 180,859 Aug 31 06:30 PM ZAMAN ANEEL Sr. Vice President Aug 29 Sale 176.34 1,207 212,843 91,077 Aug 31 06:21 PM ZAMAN ANEEL Sr. Vice President Aug 26 Sale 184.42 1,409 259,848 92,284 Aug 29 09:27 PM TAN LIP BU Executive Chair Aug 19 Sale 187.99 40,000 7,519,794 1,114,346 Aug 23 08:49 PM TAN LIP BU Executive Chair Aug 16 Sale 192.42 50,000 9,620,939 608,023 Aug 17 09:15 PM DEVGAN ANIRUDH President and CEO Aug 16 Sale 191.71 2,817 540,047 183,878 Aug 17 09:11 PM TAN LIP BU Executive Chair Aug 15 Option Exercise 19.60 50,000 980,000 658,023 Aug 17 09:15 PM SHOVEN JOHN B Director Aug 08 Option Exercise 13.81 20,000 276,200 25,860 Aug 10 08:53 PM SHOVEN JOHN B Director Aug 08 Sale 186.11 20,000 3,722,200 5,860 Aug 10 08:53 PM ZAMAN ANEEL Sr. Vice President Aug 01 Option Exercise 81.38 4,076 331,705 100,337 Aug 03 07:41 PM ZAMAN ANEEL Sr. Vice President Aug 01 Sale 183.90 4,076 749,576 96,261 Aug 03 07:41 PM WALL JOHN M Sr. VP & CFO Jul 28 Option Exercise 39.58 41,619 1,647,280 190,271 Aug 01 08:40 PM ZAMAN ANEEL Sr. Vice President Jul 28 Option Exercise 138.02 6,253 863,039 102,436 Aug 01 08:38 PM WALL JOHN M Sr. VP & CFO Jul 28 Sale 179.88 54,943 9,883,147 135,406 Aug 01 08:40 PM ZAMAN ANEEL Sr. Vice President Jul 28 Sale 180.00 6,253 1,125,540 96,261 Aug 01 08:38 PM TAN LIP BU Executive Chair Jul 21 Sale 166.74 40,000 6,669,431 1,154,268 Jul 25 05:52 PM TAN LIP BU Executive Chair Jul 15 Option Exercise 19.60 50,000 980,000 662,176 Jul 19 06:22 PM TAN LIP BU Executive Chair Jul 15 Sale 155.06 50,000 7,752,955 612,176 Jul 19 06:22 PM Cunningham Paul Sr. Vice President Jul 05 Sale 148.24 250 37,060 96,764 Jul 07 05:36 PM TAN LIP BU Executive Chair Jun 24 Option Exercise 19.60 50,000 980,000 662,176 Jun 28 06:02 PM TAN LIP BU Executive Chair Jun 24 Sale 153.88 50,000 7,694,194 612,176 Jun 28 06:02 PM TAN LIP BU Executive Chair Jun 21 Sale 148.70 40,000 5,947,875 1,197,268 Jun 23 08:01 PM
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