Surendra Babu  Mandava net worth and biography

Surendra Mandava Biography and Net Worth

Surendra Babu Mandava serves as Senior Vice President - Research and Development of the Company. Prior to joining Cadence, Mr. Mandava served as Chief Executive Officer of Ineda Systems Inc., a low-power System-on-Chip solutions company, from November 2014 to July 2016, Vice President of Broadcom Corporation, a provider of semiconductor solutions, from November 2010 to December 2012, and President and then as Chief Executive Officer of Beceem Communications Inc., a semiconductor company, from December 2003 until it was acquired by Broadcom in November 2010. Mr. Mandava has a B.Tech. in electronics and communication engineering from the Regional Engineering College, Trichy, and a M.Tech. in electrical engineering and computer science from the Indian Institute of Technology, Kanpur.

What is Surendra Babu Mandava's net worth?

The estimated net worth of Surendra Babu Mandava is at least $73.82 million as of March 10th, 2021. Mr. Mandava owns 267,334 shares of Cadence Design Systems stock worth more than $73,816,264 as of October 31st. This net worth estimate does not reflect any other investments that Mr. Mandava may own. Learn More about Surendra Babu Mandava's net worth.

How do I contact Surendra Babu Mandava?

The corporate mailing address for Mr. Mandava and other Cadence Design Systems executives is 2655 SEELY AVENUE BLDG 5, SAN JOSE CA, 95134. Cadence Design Systems can also be reached via phone at (408) 943-1234 and via email at [email protected]. Learn More on Surendra Babu Mandava's contact information.

Has Surendra Babu Mandava been buying or selling shares of Cadence Design Systems?

Surendra Babu Mandava has not been actively trading shares of Cadence Design Systems in the last ninety days. Most recently, Surendra Babu Mandava sold 90,688 shares of the business's stock in a transaction on Wednesday, March 10th. The shares were sold at an average price of $128.32, for a transaction totalling $11,637,084.16. Following the completion of the sale, the vice president now directly owns 267,334 shares of the company's stock, valued at $34,304,298.88. Learn More on Surendra Babu Mandava's trading history.

Who are Cadence Design Systems' active insiders?

Cadence Design Systems' insider roster includes Mark Adams (Director), Thomas Beckley (VP), Susan Bostrom (Director), Paul Cunningham (VP), Anirudh Devgan (President), Surendra Mandava (VP), Karna Nisewaner (VP), James Plummer (Director), Albert Sangiovanni-Vincentelli (Director), John Shoven (Director), Roger Siboni (Director), Young Sohn (Director), Lip Tan (CEO), Chin-Chi Teng (VP), John Wall (CFO), and Aneel Zaman (VP). Learn More on Cadence Design Systems' active insiders.

Are insiders buying or selling shares of Cadence Design Systems?

During the last twelve months, insiders at the software maker sold shares 45 times. They sold a total of 322,775 shares worth more than $94,540,185.92. The most recent insider tranaction occured on October, 15th when Director Vincentelli Albert Sangiovanni sold 1,500 shares worth more than $425,490.00. Insiders at Cadence Design Systems own 2.0% of the company. Learn More about insider trades at Cadence Design Systems.

Information on this page was last updated on 10/15/2024.

Surendra Babu Mandava Insider Trading History at Cadence Design Systems

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/10/2021Sell90,688$128.32$11,637,084.16267,334View SEC Filing Icon  
3/2/2021Sell60,000$142.88$8,572,800.00302,334View SEC Filing Icon  
3/6/2020Sell5,062$64.70$327,511.40294,139View SEC Filing Icon  
12/6/2019Sell3,623$66.46$240,784.58296,137View SEC Filing Icon  
9/6/2019Sell4,027$70.60$284,306.20299,760View SEC Filing Icon  
6/7/2019Sell4,235$64.87$274,724.45305,888View SEC Filing Icon  
3/7/2019Sell3,306$58.46$193,268.76232,518View SEC Filing Icon  
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Surendra Babu Mandava Buying and Selling Activity at Cadence Design Systems

This chart shows Surendra Babu Mandava's buying and selling at Cadence Design Systems by year and by quarter.

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Cadence Design Systems Company Overview

Cadence Design Systems logo
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus synthesis and Joules RTL power solutions, as well as Modus DFT software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and Innovus implementation system, a physical implementation system. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP with memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves consumer, hyperscale computing, 5G communications, mobile, automotive, aerospace and defense, industrial, and life science industries. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.
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Today's Range

Now: $276.12
Low: $276.07
High: $288.49

50 Day Range

MA: $267.01
Low: $247.52
High: $290.00

2 Week Range

Now: $276.12
Low: $233.51
High: $328.99

Volume

2,784,531 shs

Average Volume

1,774,420 shs

Market Capitalization

$75.61 billion

P/E Ratio

71.35

Dividend Yield

N/A

Beta

1.02