On June 11, 2024, Paul Cunningham, Sr. Vice President of Cadence Design Systems Inc (NASDAQ:CDNS), sold 650 shares of the company.
According to the average brokerage recommendation (ABR), one should invest in Cadence (CDNS). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
SAN JOSE, Calif., June 12, 2024--Cadence's broad and close collaboration with Samsung Foundry includes technology advancements to accelerate design for AI and 3D-IC semiconductors.