Cadence Design Systems Director Brennan Ita M Sells Shares for $339.89 to $348.53

Cadence Design Systems Inc. (CDNS) announced that Director Brennan Ita M has sold a total of 154 shares on September 10, 2025. The transactions included selling 2 shares at $339.89/share, 2 shares at $328.65/share, 14 shares at $330.57/share, 14 shares at $331.51/share, 31 shares at $332.71/share, 26 shares at $333.62/share, 27 shares at $334.8/share, 26 shares at $335.7/share, 22 shares at $336.7/share, 6 shares at $337.46/share, and 7 shares at $338.97/share, as well as 3 shares at $348.53/share.

Cadence Design Systems Inc. (CDNS), a leading provider of electronic design automation software and services, reported that Director Brennan Ita M sold a total of 154 shares on September 10, 2025. The transactions included selling 2 shares at $339.89/share, 2 shares at $328.65/share, 14 shares at $330.57/share, 14 shares at $331.51/share, 31 shares at $332.71/share, 26 shares at $333.62/share, 27 shares at $334.8/share, 26 shares at $335.7/share, 22 shares at $336.7/share, 6 shares at $337.46/share, and 7 shares at $338.97/share, as well as 3 shares at $348.53/share AQR Capital Management LLC Decreases Stock Position in Cadence Design Systems, Inc. $CDNS^[1].

The sale represents a 2.20% decrease in ownership for Director Ita M Brennan, who sold 180 shares in the last three months Temasek Holdings Private Ltd Buys 82,365 Shares of Cadence Design Systems, Inc. $CDNS^[2]. This transaction occurred amidst a period of mixed analyst ratings for the company's stock. Wall Street Zen recently downgraded the stock from a "buy" rating to a "hold" rating, while Wells Fargo raised its price target to $405.00 AQR Capital Management LLC Decreases Stock Position in Cadence Design Systems, Inc. $CDNS^[1].

Cadence Design Systems reported a 20.2% revenue increase year-over-year in its latest earnings results, with Q2 EPS of $1.65, surpassing analyst expectations Temasek Holdings Private Ltd Buys 82,365 Shares of Cadence Design Systems, Inc. $CDNS^[2]. Despite the mixed analyst sentiment, the company's stock has seen institutional investors and hedge funds making notable changes to their positions. Temasek Holdings increased its stake by 370.2%, acquiring 82,365 additional shares, bringing its total holdings to 104,616 shares valued at approximately $26.6 million Temasek Holdings Private Ltd Buys 82,365 Shares of Cadence Design Systems, Inc. $CDNS^[2].

Other institutional investors also made changes to their positions in the company. Legacy Capital Wealth Partners LLC raised its stake by 2.8%, and Empower Advisory Group LLC boosted its position by 4.1% during the first quarter AQR Capital Management LLC Decreases Stock Position in Cadence Design Systems, Inc. $CDNS^[1]. Principal Street Partners LLC and Greenleaf Trust also increased their holdings in the company, indicating a positive sentiment among institutional investors.

The stock's recent performance has been mixed, with a 50-day simple moving average of $341.37 and a 200-day simple moving average of $300.69. The stock has a market capitalization of $98.58 billion, a P/E ratio of 97.78, and a beta of 1.00 AQR Capital Management LLC Decreases Stock Position in Cadence Design Systems, Inc. $CDNS^[1]. Despite the mixed analyst ratings and the recent sale by Director Ita M Brennan, the company's strong financial performance and positive institutional investor sentiment may provide a favorable outlook for the stock.

References

AQR Capital Management LLC Decreases Stock Position in Cadence Design Systems, Inc. $CDNS^[1] https://www.marketbeat.com/instant-alerts/filing-aqr-capital-management-llc-decreases-stock-position-in-cadence-design-systems-inc-cdns-2025-09-10/
Temasek Holdings Private Ltd Buys 82,365 Shares of Cadence Design Systems, Inc. $CDNS^[2] https://www.marketbeat.com/instant-alerts/filing-temasek-holdings-private-ltd-buys-82365-shares-of-cadence-design-systems-inc-cdns-2025-09-07/