Bulletin
Investor Alert

New York Markets Close in:

Market Snapshot Winners and Losers

Cadence Design Systems Inc.

NAS: CDNS

GO

Set Alerts

Market Index

Overview Profile Charts Financials Historical Quotes Analyst Estimates Options SEC Filings Insiders
/marketstate/country/us
Cadence Design Systems Inc.

Market open

 --Real time quotes

Mar 20, 2023, 2:45 p.m.

CDNS
/zigman2/quotes/207095682/composite

$

206.24

Change

-0.64 -0.31%

Volume

Volume 958,499

Real time quotes

/zigman2/quotes/207095682/composite

Previous close

$ 206.88

$ 206.24

Change

-0.64 -0.31%

Day low

Day high

$204.73

$207.89

Open

52 week low

52 week high

$132.32

$209.50

Open

Company Description

Cadence Design Systems, Inc. engages in the design and development of integrated circuits and electronic devices. Its products include electronic design automation, software, emulation hardware, and intellectual property, commonly referred to as verification IP, and design IP. It operates through th...

Cadence Design Systems, Inc. engages in the design and development of integrated circuits and electronic devices. Its products include electronic design automation, software, emulation hardware, and intellectual property, commonly referred to as verification IP, and design IP. It operates through the following geographical segments: United States, Other Americas, China, Other Asia, Europe, Middle East and Africa and Japan. The company was founded by Alberto Sangiovanni-Vincentelli, Gudmundur A. Hjartarson, K. Bobby Chao, and K. Charles Janac in June 1988 and is headquartered in San Jose, CA.

Valuation

P/E Current

67.02

P/E Ratio (with extraordinary items)

66.53

P/E Ratio (without extraordinary items)

52.04

Price to Sales Ratio

12.40

Price to Book Ratio

15.96

Price to Cash Flow Ratio

35.57

Enterprise Value to EBITDA

46.86

Enterprise Value to Sales

15.87

Efficiency

Total Asset Turnover

0.75

Liquidity

Current Ratio

1.27

Quick Ratio

1.17

Cash Ratio

0.65

Profitability

Gross Margin

89.05

Operating Margin

30.15

Pretax Margin

29.35

Net Margin

23.84

Return on Assets

17.83

Return on Equity

30.95

Return on Total Capital

31.17

Capital Structure

Total Debt to Total Assets

17.99

Officers and Executives

Name Age Officer Since Title
Mr. Lip-Bu Tan 61 2004 Chief Executive Officer & Director
Dr. Anirudh Devgan 51 2012 President & Director
Mr. John M. Wall 48 2000 Chief Financial Officer & Senior Vice President
Ms. Aparna Dey - - Senior Group Director-Product Marketing
Dr. Chin Chi Teng 55 2002 SVP & General Manager-Digital & Signoff Group

Insider Actions

– Purchase – Sale 1 – Number of Transactions
Date Name Shares Transaction Value
02/28/2023 Lip-Bu Tan
Director 		2,024   Disposition at $195.04 per share. 394,760
02/28/2023 Lip-Bu Tan
Director 		16,021   Disposition at $194.46 per share. 3,115,443
02/28/2023 Lip-Bu Tan
Director 		11,955   Disposition at $193.39 per share. 2,311,977
02/28/2023 Anirudh Devgan
President and CEO; Director 		1,525   Disposition at $193.26 per share. 294,721
02/28/2023 Aneel Zaman
Sr. Vice President 		1,553   Disposition at $193.26 per share. 300,132
02/27/2023 Thomas P. Beckley
Sr. Vice President 		507   Derivative/Non-derivative trans. at $193.18 per share. 97,942
02/27/2023 Anirudh Devgan
President and CEO; Director 		1,494   Derivative/Non-derivative trans. at $193.18 per share. 288,610
02/27/2023 Chin Chi Teng
Sr. Vice President 		813   Derivative/Non-derivative trans. at $193.18 per share. 157,055
02/27/2023 John M. Wall
Sr. VP & CFO 		1,466   Derivative/Non-derivative trans. at $193.18 per share. 283,201
02/27/2023 Paul Cunningham
Sr. Vice President 		494   Derivative/Non-derivative trans. at $193.18 per share. 95,430
02/27/2023 Aneel Zaman
Sr. Vice President 		838   Derivative/Non-derivative trans. at $193.18 per share. 161,884
02/27/2023 Aneel Zaman
Sr. Vice President 		1,801   Disposition at $195.35 per share. 351,825
02/17/2023 Alberto Luigi Sangiovanni-Vincentelli
Director 		100   Disposition at $194.98 per share. 19,498
02/17/2023 Alberto Luigi Sangiovanni-Vincentelli
Director 		4,500   Disposition at $194.31 per share. 874,395
02/17/2023 Alberto Luigi Sangiovanni-Vincentelli
Director 		5,400   Disposition at $193.35 per share. 1,044,090
02/16/2023 Lip-Bu Tan
Director 		262   Disposition at $198.11 per share. 51,904
02/16/2023 Lip-Bu Tan
Director 		3,224   Disposition at $197.11 per share. 635,482
02/16/2023 Lip-Bu Tan
Director 		13,341   Disposition at $195.9 per share. 2,613,501
02/16/2023 Lip-Bu Tan
Director 		16,601   Disposition at $194.97 per share. 3,236,696
02/16/2023 Lip-Bu Tan
Director 		9,072   Disposition at $194.17 per share. 1,761,510
02/16/2023 Lip-Bu Tan
Director 		42,500   Derivative/Non-derivative trans. at $30.79 per share. 1,308,575
02/15/2023 John M. Wall
Sr. VP & CFO 		3,943   Disposition at $199.88 per share. 788,126
02/15/2023 Karna Nisewaner
Corporate VP, General Counsel 		480   Derivative/Non-derivative trans. at $202.26 per share. 97,084
02/14/2023 Thomas P. Beckley
Sr. Vice President 		820   Derivative/Non-derivative trans. at $199.09 per share. 163,253
02/14/2023 Anirudh Devgan
President and CEO; Director 		2,439   Derivative/Non-derivative trans. at $199.09 per share. 485,580
02/14/2023 Chin Chi Teng
Sr. Vice President 		1,116   Derivative/Non-derivative trans. at $199.09 per share. 222,184
02/14/2023 John M. Wall
Sr. VP & CFO 		1,607   Derivative/Non-derivative trans. at $199.09 per share. 319,937
02/14/2023 Aneel Zaman
Sr. Vice President 		992   Derivative/Non-derivative trans. at $199.09 per share. 197,497
02/10/2023 Alberto Luigi Sangiovanni-Vincentelli
Director 		10,000   Derivative/Non-derivative trans. at $14.22 per share. 142,200
02/06/2023 Paul Cunningham
Sr. Vice President 		250   Disposition at $184.46 per share. 46,115
02/01/2023 Karna Nisewaner
Corporate VP, General Counsel 		100   Disposition at $181.78 per share. 18,178
01/31/2023 Lip-Bu Tan
Director 		7,081   Disposition at $183.27 per share. 1,297,734
01/31/2023 Lip-Bu Tan
Director 		16,136   Disposition at $182.57 per share. 2,945,949
01/31/2023 Lip-Bu Tan
Director 		6,783   Disposition at $181.65 per share. 1,232,131
/news/latest/company/us/cdns

MarketWatch News on CDNS

  2. Cadence Design Systems Inc. stock outperforms market despite losses on the day

    4:43 p.m. March 17, 2023

    - MarketWatch Automation

  4. Cadence Design Systems Inc. stock rises Thursday, outperforms market

    4:43 p.m. March 16, 2023

    - MarketWatch Automation

  6. Cadence Design Systems Inc. stock falls Wednesday, still outperforms market

    4:43 p.m. March 15, 2023

    - MarketWatch Automation

  10. Cadence Design Systems Inc. stock rises Monday, outperforms market

    4:44 p.m. March 13, 2023

    - MarketWatch Automation

  16. Cadence Design Systems Inc. stock outperforms market on strong trading day

    5:43 p.m. March 8, 2023

    - MarketWatch Automation

  18. Cadence Design Systems Inc. stock falls Tuesday, still outperforms market

    5:44 p.m. March 7, 2023

    - MarketWatch Automation

  19. Cognizant Technology Solutions Corp. stock rises Monday, outperforms market

    5:47 p.m. March 6, 2023

    - MarketWatch Automation

  20. Cadence Design Systems Inc. stock outperforms market on strong trading day

    5:43 p.m. March 6, 2023

    - MarketWatch Automation

  21. Loading more headlines...
/news/nonmarketwatch/company/us/cdns

Other News on CDNS

  1. 10-K: CADENCE DESIGN SYSTEMS INC

    5:20 p.m. Feb. 13, 2023

    - Edgar Online - (EDG = 10Q, 10K)

  2. China’s Top Nuclear-Weapons Lab Used U.S. Chips Decades After Ban

    10:31 a.m. Jan. 30, 2023

    - The Wall Street Journal Interactive Edition

  8. Why Is Microsoft (MSFT) Up 7% Since Last Earnings Report?

    12:31 p.m. Nov. 24, 2022

    - Zacks.com

  10. Why Is Cadence (CDNS) Up 9.2% Since Last Earnings Report?

    12:30 p.m. Nov. 23, 2022

    - Zacks.com

  18. Maxar (MAXR) Incurs Loss in Q3, Revenues Miss Estimates

    12:00 p.m. Nov. 4, 2022

    - Zacks.com

  21. Loading more headlines...

At a Glance

Cadence Design Systems, Inc.

2655 Seely Avenue

Building 5

San Jose, California 95134

Phone

1 4089431234

Industry

Software

Sector

Technology

Fiscal Year-end

12/2023

View SEC Filings

Revenue

$3.56B

Net Income

$848.95M

Employees

10,200

Annual Report for CDNS

/news/pressrelease/company/us/cdns

Press Releases on CDNS

  1. Cadence to Invest $50 Million to Support Racial Equity

    4:21 p.m. March 9, 2023

    - 3BL Media

  3. Cadence to Invest $50 Million to Support Racial Equity

    11:45 a.m. March 7, 2023

    - BusinessWire - BZX

  4. Cadence Design Systems $CDNS Proactive Strategies

    5:46 p.m. March 6, 2023

    - Stock Traders Daily

  6. Cadence’s Anirudh Devgan to Present at Morgan Stanley Conference

    5:15 p.m. Feb. 28, 2023

    - BusinessWire - BZX

  7. Cadence Design Systems $CDNS Pivots Trading Plans and Risk Controls

    2:36 a.m. Feb. 25, 2023

    - Stock Traders Daily

  9. Cadence Design Systems CDNS Investment Report

    11:22 a.m. Feb. 15, 2023

    - Stock Traders Daily

  10. Nasdaq 100 Movers: ENPH, GFS

    11:22 a.m. Feb. 14, 2023

    - MarketNewsVideo.com

  11. S&P 500 Movers: FSLR, ZTS

    11:16 a.m. Feb. 14, 2023

    - MarketNewsVideo.com

  13. Cadence Reports Fourth Quarter and Fiscal Year 2022 Financial Results

    5:05 p.m. Feb. 13, 2023

    - BusinessWire - BZX

  14. When Cadence Design Systems (CDNS) Moves Investors should Listen

    5:48 a.m. Jan. 27, 2023

    - Stock Traders Daily

  18. Learn to Evaluate Cadence Design Systems (CDNS) using the Charts

    1:48 p.m. Jan. 17, 2023

    - Stock Traders Daily

  19. Cadence Design Systems CDNS Trading Report

    10:46 p.m. Jan. 7, 2023

    - Stock Traders Daily

  21. Loading more headlines...
Link to MarketWatch's Slice.