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Arjuna Capital invests in Cadence Design Systems despite recent earnings miss and insider sales.
Investment firm Arjuna Capital recently bought 850 shares of Cadence Design Systems, valued at $255,000, joining other institutions that have increased their stakes.
Despite missing earnings estimates by $0.33 to $1.49, analysts still give Cadence a "Moderate Buy" rating with an average target price of $326.92.
Notably, insiders have sold $33.5 million worth of shares over the last 90 days.
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Arjuna Capital invierte en Cadence Design Systems a pesar de la reciente pérdida de ganancias y ventas de información privilegiada.