Cadence Design Systems Inc (CDNS) CEO Lip Bu Tan Sold $2.6 million of Shares

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Sep 19, 2019
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CEO of Cadence Design Systems Inc (30-Year Financial, Insider Trades) Lip Bu Tan (insider trades) sold 40,000 shares of CDNS on 09/16/2019 at an average price of $65.29 a share. The total sale was $2.6 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 $18.99 billion; its shares were traded at around $67.79 with a P/E ratio of 44.91 and P/S ratio of 8.44. 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 09/16/2019 at the average price of $65.29. The price of the stock has increased by 3.83% since.

CFO Recent Trades:

  • Sr. VP & CFO John M Wall sold 3,000 shares of CDNS stock on 08/28/2019 at the average price of $66.43. The price of the stock has increased by 2.05% since.

Directors and Officers Recent Trades:

  • Sr. Vice President Surendra Babu Mandava sold 4,027 shares of CDNS stock on 09/06/2019 at the average price of $70.6. The price of the stock has decreased by 3.98% since.
  • Sr. VP, General Counsel James J Cowie sold 2,008 shares of CDNS stock on 08/26/2019 at the average price of $67.57. The price of the stock has increased by 0.33% since.
  • Sr. Vice President Aneel Zaman sold 3,361 shares of CDNS stock on 08/22/2019 at the average price of $70.18. The price of the stock has decreased by 3.41% since.
  • Sr. VP, General Counsel James J Cowie sold 36,581 shares of CDNS stock on 08/20/2019 at the average price of $68.91. The price of the stock has decreased by 1.63% since.

For the complete insider trading history of CDNS, click here

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