Cadence Design Systems, Inc.
IndexS&P 500 P/E66.29 EPS (ttm)2.84 Insider Own0.60% Shs Outstand274.32M Perf Week3.01%
Market Cap52.60B Forward P/E40.03 EPS next Y4.71 Insider Trans-22.49% Shs Float272.86M Perf Month17.96%
Income785.10M PEG3.45 EPS next Q0.92 Inst Own90.20% Short Float / Ratio0.97% / 1.89 Perf Quarter32.24%
Sales3.43B P/S15.31 EPS this Y18.20% Inst Trans0.92% Short Interest2.65M Perf Half Y2.17%
Book/sh9.99 P/B18.85 EPS next Y11.26% ROA17.30% Target Price193.56 Perf Year27.67%
Cash/sh3.67 P/C51.26 EPS next 5Y19.23% ROE29.00% 52W Range132.32 - 194.97 Perf YTD17.24%
Dividend- P/FCF48.15 EPS past 5Y29.10% ROI22.90% 52W High-3.41% Beta1.08
Dividend %- Quick Ratio1.20 Sales past 5Y10.50% Gross Margin89.90% 52W Low42.33% ATR4.74
Employees9300 Current Ratio1.30 Sales Q/Q20.20% Oper. Margin30.80% RSI (14)67.30 Volatility2.82% 2.66%
OptionableYes Debt/Eq0.29 EPS Q/Q7.00% Profit Margin22.90% Rel Volume0.86 Prev Close185.91
ShortableYes LT Debt/Eq0.24 EarningsFeb 13 AMC Payout0.00% Avg Volume1.40M Price188.33
Recom1.90 SMA205.68% SMA5011.04% SMA20015.61% Volume1,208,384 Change1.30%
Jan-17-23Upgrade Atlantic Equities Neutral → Overweight $200
Dec-16-22Upgrade BofA Securities Neutral → Buy
Sep-29-22Initiated Deutsche Bank Buy $200
Sep-08-22Initiated Stifel Hold $200
Aug-17-22Initiated Wolfe Research Outperform $210
Jun-29-22Upgrade BofA Securities Underperform → Neutral $160 → $175
Feb-23-22Upgrade Berenberg Hold → Buy $180
Jan-10-22Reiterated BofA Securities Underperform $160 → $180
Dec-14-21Downgrade JP Morgan Overweight → Neutral $185
Oct-20-21Initiated Needham Buy $183
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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 signoff products to signoff the design as ready for silicon manufacturing. 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 and 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
Nisewaner KarnaCorporate VP, General CounselFeb 01Sale181.7810018,17815,853Feb 03 08:00 PM
TAN LIP BUExecutive ChairJan 31Sale182.5330,0005,475,787898,040Feb 02 05:36 PM
Nisewaner KarnaCorporate VP, General CounselJan 23Sale180.001,000180,00015,793Jan 25 05:45 PM
TAN LIP BUExecutive ChairJan 17Option Exercise30.7942,5001,308,575645,089Jan 19 07:14 PM
TAN LIP BUExecutive ChairJan 17Sale173.3942,5007,369,027602,589Jan 19 07:14 PM
Cunningham PaulSr. Vice PresidentJan 05Sale157.5625039,39093,189Jan 09 05:03 PM
TAN LIP BUExecutive ChairDec 21Sale164.5540,0006,581,925956,936Dec 22 05:54 PM
Cunningham PaulSr. Vice PresidentDec 05Sale170.4525042,61293,439Dec 07 07:08 PM
SANGIOVANNI VINCENTELLI ALBERTDirectorDec 01Sale175.627,5501,325,960100,590Dec 05 08:04 PM
SOHN YOUNGDirectorNov 30Option Exercise14.3610,000143,60046,372Dec 02 06:51 PM
SOHN YOUNGDirectorNov 30Sale166.0010,0001,660,00036,372Dec 02 06:51 PM
TAN LIP BUExecutive ChairNov 21Sale162.6640,0006,506,402996,936Nov 22 07:10 PM
Cunningham PaulSr. Vice PresidentNov 07Sale143.6325035,90893,689Nov 08 05:25 PM
TAN LIP BUExecutive ChairOct 21Sale156.1140,0006,244,4831,036,936Oct 25 05:08 PM
TAN LIP BUExecutive ChairOct 17Option Exercise19.6050,000980,000652,589Oct 18 07:02 PM
TAN LIP BUExecutive ChairOct 17Sale154.6650,0007,733,065602,589Oct 18 07:02 PM
Cunningham PaulSr. Vice PresidentOct 05Sale170.0125042,50293,939Oct 07 07:43 PM
Adams MarkDirectorSep 26Sale162.986,000977,89011,407Sep 28 07:56 PM
TAN LIP BUExecutive ChairSep 21Sale168.7640,0006,750,2461,076,936Sep 23 08:57 PM
TAN LIP BUExecutive ChairSep 15Option Exercise19.6050,000980,000652,589Sep 19 09:13 PM
TAN LIP BUExecutive ChairSep 15Sale162.8750,0008,143,522602,589Sep 19 09:13 PM
TENG CHIN-CHISr. Vice PresidentSep 12Sale174.5911,0001,920,522141,104Sep 14 07:38 PM
Cunningham PaulSr. Vice PresidentSep 06Sale168.3925042,09894,189Sep 08 05:24 PM
DEVGAN ANIRUDHPresident and CEOAug 29Sale176.341,523268,566180,859Aug 31 06:30 PM
ZAMAN ANEELSr. Vice PresidentAug 29Sale176.341,207212,84391,077Aug 31 06:21 PM
ZAMAN ANEELSr. Vice PresidentAug 26Sale184.421,409259,84892,284Aug 29 09:27 PM
TAN LIP BUExecutive ChairAug 19Sale187.9940,0007,519,7941,114,346Aug 23 08:49 PM
TAN LIP BUExecutive ChairAug 16Sale192.4250,0009,620,939608,023Aug 17 09:15 PM
DEVGAN ANIRUDHPresident and CEOAug 16Sale191.712,817540,047183,878Aug 17 09:11 PM
TAN LIP BUExecutive ChairAug 15Option Exercise19.6050,000980,000658,023Aug 17 09:15 PM
SHOVEN JOHN BDirectorAug 08Option Exercise13.8120,000276,20025,860Aug 10 08:53 PM
SHOVEN JOHN BDirectorAug 08Sale186.1120,0003,722,2005,860Aug 10 08:53 PM
ZAMAN ANEELSr. Vice PresidentAug 01Option Exercise81.384,076331,705100,337Aug 03 07:41 PM
ZAMAN ANEELSr. Vice PresidentAug 01Sale183.904,076749,57696,261Aug 03 07:41 PM
ZAMAN ANEELSr. Vice PresidentJul 28Option Exercise138.026,253863,039102,436Aug 01 08:38 PM
WALL JOHN MSr. VP & CFOJul 28Option Exercise39.5841,6191,647,280190,271Aug 01 08:40 PM
WALL JOHN MSr. VP & CFOJul 28Sale179.8854,9439,883,147135,406Aug 01 08:40 PM
ZAMAN ANEELSr. Vice PresidentJul 28Sale180.006,2531,125,54096,261Aug 01 08:38 PM
TAN LIP BUExecutive ChairJul 21Sale166.7440,0006,669,4311,154,268Jul 25 05:52 PM
TAN LIP BUExecutive ChairJul 15Option Exercise19.6050,000980,000662,176Jul 19 06:22 PM
TAN LIP BUExecutive ChairJul 15Sale155.0650,0007,752,955612,176Jul 19 06:22 PM
Cunningham PaulSr. Vice PresidentJul 05Sale148.2425037,06096,764Jul 07 05:36 PM
TAN LIP BUExecutive ChairJun 24Option Exercise19.6050,000980,000662,176Jun 28 06:02 PM
TAN LIP BUExecutive ChairJun 24Sale153.8850,0007,694,194612,176Jun 28 06:02 PM
TAN LIP BUExecutive ChairJun 21Sale148.7040,0005,947,8751,197,268Jun 23 08:01 PM
DEVGAN ANIRUDHPresident and CEOJun 09Sale158.8235,2175,593,153189,387Jun 13 07:31 PM
Cunningham PaulSr. Vice PresidentJun 06Sale160.9025040,22597,014Jun 08 05:16 PM
ZAMAN ANEELSr. Vice PresidentMay 31Option Exercise57.8622,5421,304,385118,725Jun 02 06:57 PM
ZAMAN ANEELSr. Vice PresidentMay 31Sale153.3622,5423,457,06096,183Jun 02 06:57 PM
TAN LIP BUExecutive ChairMay 27Option Exercise19.6050,000980,000662,176Jun 01 07:16 PM
SOHN YOUNGDirectorMay 27Sale150.0016,2752,441,25036,372Jun 01 07:18 PM
TAN LIP BUExecutive ChairMay 27Sale153.5850,0007,679,177612,176Jun 01 07:16 PM
TAN LIP BUExecutive ChairMay 20Sale143.7740,0005,750,803612,176May 24 06:56 PM
TAN LIP BUExecutive ChairMay 03Sale152.3070,00010,661,1521,237,268May 05 07:05 PM
PLUMMER JAMES DDirectorApr 28Option Exercise14.0220,000280,30048,674May 02 08:39 PM
PLUMMER JAMES DDirectorApr 28Sale155.2013,0002,017,6402,000May 02 08:39 PM
PLUMMER JAMES DDirectorApr 28Sale156.4420,0003,128,82228,674May 02 08:39 PM
TAN LIP BUExecutive ChairApr 21Sale154.8040,0006,191,813652,176Apr 25 07:09 PM
TAN LIP BUExecutive ChairmanApr 19Option Exercise19.6045,064883,254737,240Apr 20 05:06 PM
TAN LIP BUExecutive ChairmanApr 19Sale153.2245,0646,904,871692,176Apr 20 05:06 PM
TAN LIP BUExecutive ChairmanApr 18Option Exercise19.604,93696,746697,112Apr 20 05:06 PM
TAN LIP BUExecutive ChairmanApr 18Sale151.574,936748,152692,176Apr 20 05:06 PM
SANGIOVANNI VINCENTELLI ALBERTDirectorMar 29Option Exercise12.0215,000180,300106,667Mar 29 09:20 PM
SANGIOVANNI VINCENTELLI ALBERTDirectorMar 25Option Exercise12.0210,000120,20091,667Mar 29 09:20 PM
ZAMAN ANEELSr. Vice PresidentMar 18Sale152.0512,4791,897,44196,183Mar 21 09:35 PM
TAN LIP BUExecutive ChairmanMar 17Option Exercise19.6050,000980,000777,264Mar 21 09:36 PM
TAN LIP BUExecutive ChairmanMar 17Sale151.7650,0007,588,094727,264Mar 21 09:36 PM
ZAMAN ANEELSr. Vice PresidentFeb 28Sale152.026,6231,006,810105,421Mar 02 07:38 PM
TENG CHIN-CHISr. Vice PresidentFeb 28Sale152.027,5001,140,171153,446Mar 02 07:41 PM
TAN LIP BUExecutive ChairmanFeb 25Option Exercise19.6049,600972,160776,864Mar 01 05:41 PM
TAN LIP BUExecutive ChairmanFeb 25Sale150.9249,6007,485,801727,264Mar 01 05:41 PM
TAN LIP BUExecutive ChairmanFeb 23Option Exercise19.604007,840727,664Feb 25 05:44 PM
TAN LIP BUExecutive ChairmanFeb 23Sale150.6140060,245727,264Feb 25 05:44 PM
Cunningham PaulSr. Vice PresidentFeb 22Sale134.631,000134,63090,174Feb 24 07:08 PM