CDNS CADENCE DESIGN SYSTEMS INC

NEUTRAL Impact: 3/10 Insider Cluster (3 insiders)
Horizon days Filed May 1, 2026 Processed 29d 7h ago
Insider cluster: 3 insiders, $4.0M total
Latest settled — T+20d ⚠ clustered
CDNS ▲ +21.49% at T+20d
NEUTRAL call ✓ call won +21.49% · α vs SPY +16.21% · entry $340.90 → $414.16
Next anchor: T+60d in 7w
Last close $394.24 (close Jun 8) · +15.65% from $340.90 entry
Entry anchored
Apr 30, 03:59 PM ET
via Databento tick
T+1d
+2.29%
call +2.29% · α +2.63%
$348.70
settled 6w ago
T+5d
+6.34%
call +6.34% · α +4.00%
$362.52
settled 5w ago
T+20d
+21.49%
call +21.49% · α +16.21%
$414.16
settled 12d ago
T+60d
call — · α —
in 7w

Price Chart

Loading chart...

Executive Summary

A cluster of insider selling at Cadence Design Systems (CDNS) totaling $4.04M over the past week, led by Sr. VP Paul Scannell's $3.56M open-market sale. The CFO also sold $143K. This selling is modest relative to CDNS's $100B market cap (0.004%), but the cluster includes multiple senior executives, which warrants attention.

Key Financial Metrics

Direction
selling
Total Value
$4.0M
Insiders
3

Actionable Insight

The selling is small relative to market cap and likely routine portfolio diversification. However, the cluster of three senior executives selling in the same week—especially Scannell's $3.56M sale—merits monitoring. Watch for any upcoming earnings pre-announcement or material change in business outlook. No immediate action warranted.

Key Facts

  • Total insider selling of $4.04M over 7 days, representing ~0.004% of market cap
  • Sr. VP Paul Scannell sold 10,500 shares for $3.56M on May 1
  • Sr. VP Paul Cunningham sold 1,000 shares for $337K on May 1
  • CFO John Wall sold 412 shares for $143K on May 5
  • Seven directors received non-cash grants of 714 shares each on May 7
  • Two directors made non-cash gifts of 779 shares each on May 7
  • No open-market purchases by any insider in the cluster

Financial Impact

Total insider selling of $4.04M, negligible relative to $100B market cap

insider ownership

Risk Factors

  • Insider selling by multiple senior executives could signal caution about near-term prospects
  • No insider buying to offset the selling pattern

Market Snapshot

Exchange
Nasdaq
Sector
Services-Prepackaged Software
Analyst Consensus
91% bullish (32 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-CDNS-1778534574830
9 reports for CDNS
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for CDNS — sortable, filterable
Type Now
Jun 3, 2026
6d ago
Insider Cluster
NEUTRAL ★ 3/10
$411.09 $375.88▼ −8.57%▼ −5.97%$394.24 (−4.10%)
May 31, 2026
9d ago
ANALYST-UPGRADE
BULLISH ★ 3/10
$304.78 $296.28▼ −2.79%▼ −2.55%$394.24 (+29.35%)
May 27, 2026
13d ago
Insider Cluster
NEUTRAL ★ 2/10
$373.57 $374.67▲ +0.29%▲ +0.05%$394.24 (+5.53%)
May 1, 2026
5w ago
ANALYST-UPGRADE
BULLISH ★ 3/10
$304.78 $296.28▼ −2.79%▼ −2.55%$394.24 (+29.35%)
May 1, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$340.90 $348.70▲ +2.29%▲ +2.63%$394.24 (+15.65%)
May 1, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$340.90 $348.70▲ +2.29%▲ +2.63%$394.24 (+15.65%)
May 1, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$340.90 $348.70▲ +2.29%▲ +2.63%$394.24 (+15.65%)
May 1, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$340.90 $348.70▲ +2.29%▲ +2.63%$394.24 (+15.65%)
Mar 25, 2026
10w ago
DEFA14A
NEUTRAL ★ 3/10
$280.48 $271.61▼ −3.16%▼ −1.48%$394.24 (+40.56%)
Showing 9 of 9

US Market Status

Market Closed — Opens in 8h 55m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access