Cadence Design Systems (NASDAQ:CDNS) SVP Martin Lund sold 10,605 shares of the company’s stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $16.24, for a total value of $172,225.20. Following the transaction, the senior vice president now directly owns 125,247 shares of the company’s stock, valued at approximately $2,034,011. Cadence Design Systems Inc (NASDAQ:CDNS) net profit margin is 8.00% and weekly performance is 2.63%. On last trading day company shares ended up $16.54. Analysts mean target price for the company is $18.00. Cadence Design Systems Inc (NASDAQ:CDNS) distance from 50-day simple moving average (SMA50) is 7.89%.
The provider of enterprise software MicroStrategy Incorporated (NASDAQ:MSTR) is gradually entering the good books of analysts despite falling short of expectations in the most recent quarter. Analysts at Deutsche Bank raised their price target on the stock from $150 per share to $170. The upgraded price suggests a potential upside of about 26 percent from the prevailing price. The analysts consider the stock a “buy.” The company reported its 1Q2014 financial results that missed Wall Street expectations. The company earned a loss of 57 cents per share, missing the consensus estimate of positive earnings of 10 cents per share. Revenue in the quarter came in at $137.90 million, below the consensus estimate of $142.07 million. MicroStrategy Incorporated (NASDAQ:MSTR) shares advanced 2.06% in last trading session and ended the day on $140.73. MSTR Gross Margin is 76.70% and its return on assets is 4.50%. MicroStrategy Incorporated (NASDAQ:MSTR) quarterly performance is 6.91%.
Telus Corporation (USA) (NYSE:TU) says it will spend $500 million in Ontario in 2014 as it wraps up a three-year infrastructure plan that was first announced in 2012. The company says it is also committed to invest a further $600 million in the province throughout 2015 and 2016, bringing the total commitment for the next three years to $1.1 billion. TELUS Corporation (USA) (NYSE:TU) shares moved up 1.83% in last trading session and was closed at $37.86, while trading in range of $37.07 – $37.89. TELUS Corporation (USA) (NYSE:TU) year to date (YTD) performance is 10.96%.
Interphase Corporation (NASDAQ:INPH), a diversified information and communications technology company, on 06 May 2014 reported financial results for its first quarter ended March 31, 2014. Revenues for the first quarter of 2014 were $3.4 million, an increase of 5% when compared to revenues from the first quarter of 2013 of $3.3 million. Revenues in the quarter were primarily derived from communications networking product revenues, which decreased 32% to $1.7 million in the first quarter of 2014 compared to $2.5 million for the first quarter of 2013. However, services revenues increased approximately 128% to $1.6 million in the first quarter of 2014 compared to $722,000 in the first quarter of 2013 and represented 48% of first quarter 2014 revenues. Gross margin was 31% for the first quarter of 2014 compared to 39% for the first quarter of 2013. Interphase Corporation (NASDAQ:INPH) ended the last trading day at $6.68. Company weekly volatility is calculated as 4.20% and price to cash ratio as 7.08. Interphase Corporation (NASDAQ:INPH) showed a positive weekly performance of 20.36%.
Premiere Global Services, Inc (NYSE:PGI) CEO Boland T. Jones unloaded 100,454 shares of Premiere Global Services stock on the open market in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $13.35, for a total transaction of $1,341,060.90. Following the completion of the transaction, the chief executive officer now directly owns 1,791,997 shares in the company, valued at approximately $23,923,160. Premiere Global Services, Inc. (NYSE:PGI) net profit margin is 3.00% and weekly performance is 5.37%. On last trading day company shares ended up $13.34. Analysts mean target price for the company is $13.42. Premiere Global Services, Inc. (NYSE:PGI) distance from 50-day simple moving average (SMA50) is 8.64%.