On March 3, 2025, Paul Cunningham, Senior Vice President at Cadence Design Systems Inc (CDNS, Financial), sold 650 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 58,123 shares of the company. Cadence Design Systems Inc is a leading provider of electronic design automation software and engineering services. The company offers products and services that are used to design integrated circuits, systems on chips, and printed circuit boards. Cadence Design Systems Inc serves a wide range of industries, including consumer electronics, telecommunications, automotive, aerospace, and defense. Over the past year, Paul Cunningham has sold a total of 8,500 shares and has not purchased any shares. The insider transaction history for Cadence Design Systems Inc shows that there have been no insider buys in total over the past year, while there have been 45 insider sells during the same period. On the day of the recent sale, shares of Cadence Design Systems Inc were trading at $252.73 each, giving the stock a market cap of $67,074.228 million. The company's price-earnings ratio stands at 63.39, which is higher than the industry median of 25 and also higher than the company’s historical median price-earnings ratio. With a price of $252.73 and a GF Value of $293.31, Cadence Design Systems Inc has a price-to-GF-Value ratio of 0.86. This indicates that the stock is modestly undervalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
