Shares of Mentor Graphics Corporation rose by 1.59% in the past week and 2.87% for the last 4 weeks. In the past week, the counter has outperformed the S&P 500 by 2% and the outperformance increases to 3.16% for the last 4 weeks.
Currently the company Insiders own 0.9% of Mentor Graphics Corp. Company shares. In the past six months, there is a change of -19.05% in the total insider ownership. Institutional Investors own 98.6% of Company shares. During last 3 month period, 3.95% of total institutional ownership has changed in the company shares. Shares of MENT have rallied 23.05% in the last 52 Weeks. On June 18, 2015 The shares registered a 52-week high of $27.38 and 52-week low was seen on October 13, 2014 at $18.25. The 50-day moving average is $25.9 and the 200 day moving average is recorded at $24.03. S&P 500 has rallied 7.73% during the last 52-weeks.
Shares of Mentor Graphics Corporation ended Friday session in red amid volatile trading. The shares closed down 0.02 points or 0.07% at $26.86 with 809,989 shares getting traded. Post opening the session at $27.02, the shares hit an intraday low of $26.71 and an intraday high of $27.02 and the price vacillated in this range throughout the day. The company has a market cap of $3,123 million and the number of outstanding shares has been calculated to be 116,256,000 shares. The 52-week high of Mentor Graphics Corporation is $27.38 and the 52-week low is $18.25.
Mentor Graphics Corporation is a supplier of electronic design automation (EDA) tools – computer software and emulation hardware systems used to automate the design, analysis, and testing of electro-mechanical systems, electronic hardware, and embedded systems software in electronic systems and components. The Company markets its products and services worldwide, primarily to companies in the military and aerospace, communications, computer, consumer electronics, semiconductor, networking, multimedia, and transportation industries. The Company sells and licenses its products through its direct sales force and a channel of distributors and sales representatives. It has sales, support, software development, and professional service offices worldwide. In March 2014, the Company acquired Berkeley Design Automation Inc. In May 2014, Mentor Graphics Corporation acquired Nimbic, Inc, a provider of Maxwell-accurate, 3D full-wave electromagnetic (EM) simulation solutions.
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