Cadence Design Systems Sr. VP Cunningham Paul Sells 1000 Shares at $358.72 on 2025-08-01.

Cadence Design Systems Inc. (NASDAQ: CDNS) has announced that Senior Vice President Paul Cunningham has sold 1,000 shares of the company's common stock at a price of $358.72 per share on August 1, 2025.

Cadence Design Systems Inc. (NASDAQ: CDNS) announced that Senior Vice President Paul Cunningham sold 1,000 shares of the company's common stock at a price of $358.72 per share on August 1, 2025. This sale, which occurred after the company's earnings report, has raised interest among investors and financial analysts.

The transaction, disclosed in a filing with the Securities and Exchange Commission, indicates a 1.05% decrease in Cunningham's ownership of the company's stock. Prior to the sale, Cunningham directly owned 8,010 shares of Cadence Design Systems, valued at $2,435,040. Following the sale, his holdings decreased to 7,010 shares, valued at $2,435,040 - $358.72 * 1,000 = $2,369,320.

The sale comes amidst a period of significant institutional investment in Cadence Design Systems. Federated Hermes Inc. increased its holdings by 11.6% during the first quarter, while Raiffeisen Bank International AG raised its stake by 29.1% in the same period. Other notable institutional investors, such as Valley National Advisers Inc. and Meeder Asset Management Inc., also increased their stakes in the company during the first quarter [1].

Despite the recent insider sale, the overall sentiment towards Cadence Design Systems remains positive. Analysts have given the stock a "Moderate Buy" rating, with an average target price of $364.33. Several analysts have upgraded their price targets, with KeyCorp, Loop Capital, and JPMorgan Chase & Co. increasing their targets to as high as $405.00, $390.00, and $390.00, respectively [2].

In the most recent earnings report, Cadence Design Systems reported $1.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.56 by $0.09. The company's revenue was up 20.2% compared to the same quarter last year, with a net margin of 19.88% and a return on equity of 29.65% [3].

References:
[1] https://www.marketbeat.com/instant-alerts/filing-cadence-design-systems-inc-nasdaqcdns-stake-increased-by-federated-hermes-inc-2025-08-03/
[2] https://www.marketbeat.com/instant-alerts/filing-raiffeisen-bank-international-ag-has-1249-million-stock-holdings-in-cadence-design-systems-inc-nasdaqcdns-2025-08-03/
[3] https://www.marketbeat.com/instant-alerts/cadence-design-systems-earnings-q2-2025-2025-07-28/