The stock of O2Micro International Limited (ADR) (NASDAQ:OIIM) gapped up by $0.03 today and has $2.52 target or 8.00% above today’s $2.33 share price. The 6 months technical chart setup indicates low risk for the $60.68 million company. The gap was reported on Apr, 17 by Barchart.com. If the $2.52 price target is reached, the company will be worth $4.85M more. The stock increased 2.64% or $0.06 on April 17, reaching $2.33. About 24,372 shares traded. O2Micro International Limited (ADR) (NASDAQ:OIIM) has risen 35.12% since September 8, 2016 and is uptrending. It has outperformed by 28.35% the S&P500.
Arrowpoint Asset Management Llc decreased Cadence Design System Inc (CDNS) stake by 0.3% reported in 2016Q4 SEC filing. Arrowpoint Asset Management Llc sold 13,421 shares as Cadence Design System Inc (CDNS)’s stock rose 4.72%. The Arrowpoint Asset Management Llc holds 4.53 million shares with $114.24M value, down from 4.54M last quarter. Cadence Design System Inc now has $8.72 billion valuation. The stock declined 0.25% or $0.08 reaching $31.3 per share. About 2.06 million shares traded or 1.98% up from the average. Cadence Design Systems Inc (NASDAQ:CDNS) has risen 21.00% since September 8, 2016 and is uptrending. It has outperformed by 14.23% the S&P500.
O2Micro International Limited designs, develops and markets power management components for the Computer, Consumer, Industrial, Automotive and Communications markets. The company has market cap of $60.68 million. The Company’s power management products include integrated circuits for liquid crystal display (LCD) and light emitting diode (LED) lighting; control and monitoring of battery charging and discharging; direct current (DC)/DC and alternating current (AC)/DC conversion, and provide select and switch functionality between power sources. It currently has negative earnings.
Analysts await O2Micro International Limited (ADR) (NASDAQ:OIIM) to report earnings on May, 3. They expect $-0.05 earnings per share, up 37.50% or $0.03 from last year’s $-0.08 per share.
Investors sentiment decreased to 0.77 in Q4 2016. Its down 0.02, from 0.79 in 2016Q3. It worsened, as 29 investors sold CDNS shares while 135 reduced holdings. 42 funds opened positions while 85 raised stakes. 228.19 million shares or 3.52% less from 236.52 million shares in 2016Q3 were reported. Ledyard Retail Bank holds 211 shares. Capstone Asset Mgmt, a Texas-based fund reported 26,601 shares. Northern Trust Corporation invested in 2.65 million shares. Profund Advsrs Ltd Co holds 43,331 shares. Eagle Asset owns 593,014 shares for 0.1% of their portfolio. Commerzbank Aktiengesellschaft Fi reported 18,924 shares stake. Ontario – Canada-based Savings Bank Of Montreal Can has invested 0.03% in Cadence Design Systems Inc (NASDAQ:CDNS). Bluecrest Capital Management invested in 0.1% or 70,515 shares. Stephens Management Gp Ltd accumulated 0.5% or 703,587 shares. Pdts Prtn Llc owns 328,064 shares. Parametrica Mgmt Limited reported 0.34% stake. Bancorp Of America Corporation De holds 1.92 million shares. The Massachusetts-based Copper Rock Ptnrs has invested 2.08% in Cadence Design Systems Inc (NASDAQ:CDNS). Employees Retirement Association Of Colorado holds 62,937 shares. Jpmorgan Chase And invested 0% of its portfolio in Cadence Design Systems Inc (NASDAQ:CDNS).
Among 8 analysts covering Cadence Design Systems Inc (NASDAQ:CDNS), 4 have Buy rating, 1 Sell and 3 Hold. Therefore 50% are positive. Cadence Design Systems Inc had 17 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Cadence Design Systems Inc (NASDAQ:CDNS) earned “Outperform” rating by RBC Capital Markets on Monday, June 6. The firm has “Hold” rating by Needham given on Tuesday, June 14. The stock of Cadence Design Systems Inc (NASDAQ:CDNS) earned “Outperform” rating by RBC Capital Markets on Thursday, February 9. The stock of Cadence Design Systems Inc (NASDAQ:CDNS) earned “Buy” rating by DA Davidson on Thursday, February 4. DA Davidson downgraded the stock to “Neutral” rating in Wednesday, April 6 report. The firm earned “Buy” rating on Tuesday, October 27 by Topeka Capital Markets. Northland Capital maintained Cadence Design Systems Inc (NASDAQ:CDNS) on Thursday, November 19 with “Outperform” rating. DA Davidson upgraded the stock to “Buy” rating in Monday, October 10 report. The stock has “Hold” rating by Benchmark on Thursday, October 8. Credit Suisse initiated Cadence Design Systems Inc (NASDAQ:CDNS) on Wednesday, October 19 with “Neutral” rating.
Since November 1, 2016, it had 0 buys, and 15 insider sales for $19.09 million activity. 70,000 shares valued at $2.06 million were sold by RIBAR GEOFFREY G on Monday, February 6. Cowie James J had sold 2,087 shares worth $61,170 on Wednesday, February 8. On Thursday, December 15 TAN LIP BU sold $2.57 million worth of Cadence Design Systems Inc (NASDAQ:CDNS) or 100,000 shares. 29,038 shares valued at $741,050 were sold by ZAMAN ANEEL on Thursday, December 22. SCALISE GEORGE sold $644,000 worth of stock or 25,000 shares. On Thursday, March 9 the insider DEVGAN ANIRUDH sold $623,836. Another trade for 75,000 shares valued at $1.94M was sold by SANGIOVANNI VINCENTELLI ALBERTO.
Analysts await Cadence Design Systems Inc (NASDAQ:CDNS) to report earnings on April, 24. They expect $0.21 earnings per share, up 5.00% or $0.01 from last year’s $0.2 per share. CDNS’s profit will be $58.50 million for 37.26 P/E if the $0.21 EPS becomes a reality. After $0.14 actual earnings per share reported by Cadence Design Systems Inc for the previous quarter, Wall Street now forecasts 50.00% EPS growth.
Arrowpoint Asset Management Llc increased Quidel Corp (NASDAQ:QDEL) stake by 197,809 shares to 1.29M valued at $27.66M in 2016Q4. It also upped Steris Plc stake by 492,166 shares and now owns 1.07 million shares. Align Technology Inc (NASDAQ:ALGN) was raised too.
