In the most recent trading session, Cadence Design Systems (CDNS) closed at $326.50, indicating a +1.37% shift from the previous trading day.
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?