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.

5 weeks ago
6 Articles