ARI Network Services, Inc. (NASDAQ:ARIS), Director Brian E. Dearing sold 6,775 shares of ARI Network Services stock in a transaction that occurred on Wednesday, April 9th. The shares were sold at an average price of $3.01, for a total transaction of $20,392.75. Following the sale, the director now directly owns 281,303 shares of the company’s stock, valued at approximately $846,722. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. ARI Network Services, Inc. (NASDAQ:ARIS), shares after opening at $3.08 moved to $3.21 on last trade day and at the end of the day closed at $3.21. Company price to sales ratio in past twelve months was calculated as 1.30 and price to cash ratio as 71.53. ARI Network Services, Inc. (NASDAQ:ARIS), showed a positive weekly performance of 7.36%.
Cadence Design Systems Inc (NASDAQ:CDNS), issued an update on its second quarter earnings guidance on Monday morning. The company provided earnings per share guidance of $0.19-0.21 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.23, AnalystRatings.Net reports. The company issued revenue guidance of $370-380 million, compared to the consensus revenue estimate of $382.13 million.Cadence Design Systems also updated its FY14 guidance to $0.92-1.02 EPS. Cadence Design Systems Inc (NASDAQ:CDNS), shares fell 0.27% in last trading session and ended the day on $14.80. Cadence Design Systems Inc (NASDAQ:CDNS), return on equity ratio is recorded as 15.20% and its return on assets is 6.70%. Cadence Design Systems Inc (NASDAQ:CDNS), yearly performance is 17.83%.
Aviat Networks Inc (NASDAQ:AVNW), soared 7.54%, the company recently went into agreement with Ubuntu Technologies to form Aviat-Ubuntu Limited, a co-branded telecom solutions supplier in South Africa. The two companies formed a joint venture to serve public companies and state-owned enterprises as well as help telecom operators evolve their infrastructure toward next-generation mobile broadband and enterprise services. Aviat Networks Inc (NASDAQ:AVNW), shares moved up 1.22% in last trading session and was closed at $1.66, while trading in range of $ 1.63 – 1.71. Aviat Networks Inc (NASDAQ:AVNW), year to date (YTD) performance is -26.55%.
Northland Securities hoisted their target price on shares of ICG Group Inc. (NASDAQ:ICGE), to $24.00 in a research note issued on Friday, American Banking and Market News reports. Northland Securities’ price objective suggests a potential upside of 17.59% from the stock’s previous close. ICG Group Inc. (NASDAQ:ICGE), weekly performance is 14.34%. On last trading day company shares ended up $22.01. ICG Group Inc. (NASDAQ:ICGE), distance from 50-day simple moving average (SMA50) is 7.46%. Analysts mean target Price for the company is $25.00.