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Cadence Design Systems Inc (CDNS) CEO Lip Bu Tan Sold $3 million of Shares

July 17, 2019 | About:

CEO of Cadence Design Systems Inc (30-Year Financial, Insider Trades) Lip Bu Tan (insider trades) sold 40,000 shares of CDNS on 07/15/2019 at an average price of $75.12 a share. The total sale was $3 million.

Cadence Design Systems Inc develops system design enablement solutions that are used to design whole electronics systems, complex integrated circuits, and electronic devices. The firm provides maintenance services for its software, hardware, and others. Cadence Design Systems Inc has a market cap of $20.89 billion; its shares were traded at around $74.35 with a P/E ratio of 53.10 and P/S ratio of 9.50. Cadence Design Systems Inc had annual average EBITDA growth of 13.00% over the past five years.

CEO Recent Trades:

  • CEO Lip Bu Tan sold 40,000 shares of CDNS stock on 07/15/2019 at the average price of $75.12. The price of the stock has decreased by 1.03% since.

Directors and Officers Recent Trades:

  • Director Roger S Siboni sold 8,500 shares of CDNS stock on 06/20/2019 at the average price of $72.52. The price of the stock has increased by 2.52% since.
  • Director John B Shoven sold 50,000 shares of CDNS stock on 06/19/2019 at the average price of $71.08. The price of the stock has increased by 4.6% since.

For the complete insider trading history of CDNS, click here

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