CDNS - Insider Unloading: James D Plummer Sells $760K Worth Of Cadence Design Sys Shares | Benzinga
It was reported on March 21, that James D Plummer, Director at Cadence Design Sys (NASDAQ:CDNS) executed a significant insider sell, according to an SEC filing.
What Happened: Plummer opted to sell 2,412 shares of Cadence Design Sys, according to a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The transaction's total worth stands at $760,744.
The latest update on Friday morning shows Cadence Design Sys shares up by 0.07%, trading at $323.01.
About Cadence Design Sys
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house semiconductor design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.
Understanding the Numbers: Cadence Design Sys's Finances
Revenue Growth: Cadence Design Sys's revenue growth over a period ...