Kevin Hern bought Cadence Design Systems Inc (NASDAQ: CDNS)
Kevin Hern (R-OK), a U.S. Representative, has disclosed 3 trades in Cadence Design Systems Inc (CDNS) since 2021, all purchases, worth an estimated $240K in disclosed volume (the midpoint of the dollar ranges members report, not exact amounts).
The trade highlighted here is a purchase: Kevin Hern bought $100,001 - $250,000 of Cadence Design Systems Inc (NASDAQ: CDNS) on May 26, 2021. Since that trade, CDNS is up +162.37% against the S&P 500 up +86.37%, an outperformance of +75.99%.
Across these filings, Kevin Hern has been a net buyer of CDNS. The most recent disclosed CDNS transaction shown was dated August 18, 2022. Each row in the table below links to that trade and its post-trade performance versus the market.
Data updated
Kevin Hern's CDNS trades vs the price
CDNS is up +162.37% since Kevin Hern bought on May 26, 2021, versus +86.37% for the S&P 500.
Performance since this trade
All Kevin Hern CDNS trades
Kevin Hern & CDNS trading FAQ
Is it legal for Kevin Hern 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 Kevin Hern buy CDNS?
Kevin Hern disclosed a purchase of $100,001 - $250,000 of Cadence Design Systems Inc (CDNS) on May 26, 2021, according to public STOCK Act filings.
How has CDNS performed since Kevin Hern's trade?
Since Kevin Hern bought CDNS on May 26, 2021, the stock is up +162.37%, versus +86.37% for the S&P 500 over the same period, an outperformance of +75.99%.
How many times has Kevin Hern traded CDNS?
Kevin Hern has disclosed 3 CDNS trades since 2021. Every disclosed trade is listed on this page.
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.
Kevin Hern's CDNS tradesAll congressional filings for Cadence Design Systems IncKevin Hern'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.