Cadence Design Systems Stock Today
| CDNS Stock | USD 304.68 5.42 1.75% |
Performance7 of 100
| Odds Of DistressLess than 2
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Cadence Design is selling for under 304.68 as of the 28th of November 2024; that is 1.75 percent decrease since the beginning of the trading day. The stock's lowest day price was 302.49. Cadence Design has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Note, on November 14, 2024, Representative Michael McCaul of US Congress acquired under $15k worth of Cadence Design Systems's common stock.
Business Domain Software & Services | IPO Date 10th of June 1987 | Category Technology | Classification Information Technology |
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit design blocks worldwide. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California. Cadence Design operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. The company has 274.26 M outstanding shares of which 3.92 M shares are currently shorted by private and institutional investors with about 1.78 trading days to cover. More on Cadence Design Systems
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Cadence Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| President CEO, Director | LipBu Tan | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | Showing 3 out of 4 themes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Software - Application, Information Technology, SP 500 Index, NASDAQ Composite, NASDAQ 100 Pre, Nasdaq CTA Artificial, NASDAQ 100 Technology, Nasdaq 100, Software, Data Storage, SRI Sustainable Growth, Technology, Information Technology, Software, Software—Application, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsCadence Design can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cadence Design's financial leverage. It provides some insight into what part of Cadence Design's total assets is financed by creditors.
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Cadence Design Systems (CDNS) is traded on NASDAQ Exchange in USA. It is located in Building 5, San Jose, CA, United States, 95134 and employs 12,703 people. Cadence Design is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 85.05 B. Cadence Design Systems conducts business under Software sector and is part of Information Technology industry. The entity has 274.26 M outstanding shares of which 3.92 M shares are currently shorted by private and institutional investors with about 1.78 trading days to cover.
Cadence Design Systems currently holds about 1.03 B in cash with 1.35 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.74.
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Ownership AllocationCadence Design holds a total of 274.26 Million outstanding shares. The majority of Cadence Design Systems outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Cadence Design Systems to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Cadence Design. Please pay attention to any change in the institutional holdings of Cadence Design Systems as this could imply that something significant has changed or is about to change at the company. On November 14, 2024, Representative Michael McCaul of US Congress acquired under $15k worth of Cadence Design Systems's common stock.
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Cadence Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Amvescap Plc. | 2024-06-30 | 3.5 M | |
| T. Rowe Price Associates, Inc. | 2024-06-30 | 3.1 M | |
| Alliancebernstein L.p. | 2024-06-30 | 3.1 M | |
| Brown Advisory Holdings Inc | 2024-09-30 | 3 M | |
| Nordea Investment Mgmt Bank Demark A/s | 2024-09-30 | 2.8 M | |
| Northern Trust Corp | 2024-09-30 | 2.6 M | |
| Pictet Asset Manangement Sa | 2024-06-30 | 2.6 M | |
| Legal & General Group Plc | 2024-06-30 | 2.5 M | |
| Jpmorgan Chase & Co | 2024-06-30 | 2.5 M | |
| Blackrock Inc | 2024-06-30 | 30.7 M | |
| Vanguard Group Inc | 2024-09-30 | 25.7 M |
Cadence Design Historical Income Statement
Cadence Stock Against Markets
Cadence Design Corporate Management
| Thomas Beckley | Sr. VP and General Manager of Custom IC and PCB Group | Profile | |
| Paul Cunningham | Senior Group | Profile | |
| Nimish Modi | Senior Ventures | Profile | |
| Ariel Sella | CoFounder | Profile | |
| Aneel Zaman | Senior Officer | Profile | |
| Christina Jones | Senior Resources | Profile |
Additional Tools for Cadence Stock Analysis
When running Cadence Design's price analysis, check to measure Cadence Design's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cadence Design is operating at the current time. Most of Cadence Design's value examination focuses on studying past and present price action to predict the probability of Cadence Design's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cadence Design's price. Additionally, you may evaluate how the addition of Cadence Design to your portfolios can decrease your overall portfolio volatility.