K. Michael Conaway sold Cadence Design Systems Inc (NASDAQ: CDNS)
K. Michael Conaway (R-TX), a U.S. Representative, has disclosed 1 trade in Cadence Design Systems Inc (CDNS) since 2016, a single sale, worth an estimated $8K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a sale: K. Michael Conaway sold $1,001 - $15,000 of Cadence Design Systems Inc (NASDAQ: CDNS) on September 12, 2016. Since that trade, CDNS is up +1216.01% against the S&P 500 up +301.45%, an outperformance of +914.56%.
Data updated
K. Michael Conaway's CDNS trades vs the price
CDNS is up +1216.01% since K. Michael Conaway sold on September 12, 2016, versus +301.45% for the S&P 500.
Performance since this trade
All K. Michael Conaway CDNS trades
K. Michael Conaway & CDNS trading FAQ
Is it legal for K. Michael Conaway to trade Cadence Design Systems Inc (CDNS) stock?
Yes. Members of Congress are allowed to trade individual stocks, including Cadence Design Systems Inc (CDNS), but the STOCK Act of 2012 requires them to publicly disclose each transaction within 45 days. Quantellect tracks those disclosures; this page does not imply the trade was improper.
When did K. Michael Conaway sell CDNS?
K. Michael Conaway disclosed a sale of $1,001 - $15,000 of Cadence Design Systems Inc (CDNS) on September 12, 2016, according to public STOCK Act filings.
How has CDNS performed since K. Michael Conaway's trade?
Since K. Michael Conaway sold CDNS on September 12, 2016, the stock is up +1216.01%, versus +301.45% for the S&P 500 over the same period, an outperformance of +914.56%.
How soon must members of Congress disclose a trade?
Under the STOCK Act, members of Congress must publicly report a covered transaction within 45 days of the trade. Filings can still be delayed, amended, or contain errors.
Where can I see all congressional CDNS trades?
Quantellect tracks every disclosed congressional trade in Cadence Design Systems Inc (CDNS) on the Cadence Design Systems Inc congressional trading page, which aggregates filings across all members of Congress.
K. Michael Conaway's CDNS tradesAll congressional filings for Cadence Design Systems IncK. Michael Conaway's full profile
Not investment advice. Congressional trading data is sourced from public STOCK Act disclosures, which are filed with a delay and may contain errors or be revised. Estimated prices and post-trade returns are derived algorithmically from public filings and end-of-day market data and describe historical activity, not a recommendation. Always do your own research and consult a licensed financial advisor before making investment decisions.