CDNS CADENCE DESIGN SYSTEMS INC Insider Trading

Sr. VP Chin-Chi Teng sells 4,500 shares at CDNS via 10b5-1 plan for $1,662,087.21; retains 148,781 shares plus 11,668 options

Chin-Chi Teng executed 12 separate sales totaling 4,500 shares for $1,662,087.21 under a pre-arranged 10b5-1 trading plan, a scheduled and non-discretionary transaction. His non-derivative holdings fall from 153,281 to 148,781 shares (-2.9%), while he retains 11,668 non-qualified stock options. At his prior sales at CDNS, 30-day returns averaged mixed results (ranging from -10.8% to +3.9%), and 90-day returns were consistently negative (ranging from -16.5% to -9.0%), providing a mixed historical context for timing at this ticker specifically. The stock is currently at $374.05, near its 52-week high of $383.24, and has gained +11.2% over 30 days and +25.7% over 90 days, reflecting strong recent momentum in the underlying shares.

Anirudh Devgan sold 51,887 CDNS shares at $370.00 under 10b5-1 plan; retains 303,525 shares plus 26,821 options.

Anirudh Devgan (President and CEO) sold 51,887 shares on 2026-05-22 at $370.00, reducing non-derivative holdings by 14.6% to 303,525 shares (total value: $19,198,190.00). This transaction is part of a pre-arranged 10b5-1 trading plan, meaning it was scheduled rather than discretionary. The insider retains 303,525 non-derivative shares and 26,821 additional shares via non-qualified stock options, indicating he maintains material ownership. CDNS has posted strong recent fundamentals: latest-quarter revenue of $1,474,220,000.00, net income of $335,660,000.00, and annual revenue growth of +14.1%, though the stock's elevated P/E of 88.01 reflects market expectations. Over 30 days post-transaction, the stock has advanced 11.2%; over 90 days, it has advanced 25.7%; against this backdrop, his prior same-ticker sales at CDNS have consistently posted negative 90-day returns (ranging from -8.7% to -19.1%), suggesting limited predictive value from historical timing patterns at this specific ticker.

CDNS CFO John M Wall sells 5,000 shares for $1.74M as stock rallies from recent lows

John M Wall, the company's Senior VP and CFO, executed a substantial five-tranche sale totaling 5,000 shares on a single trading day, disposing of less than 3% of his holdings. The stock had recently surged significantly from its lows and continues trading near its cycle highs, providing favorable pricing for his exit. Wall has a mixed track record with prior sales in this stock: his most recent sale in April saw the stock rise afterward (poorly timed), while his December sales occurred before the stock subsequently declined (well-timed exits). The company itself remains solidly profitable with growing revenue, suggesting the sale is not driven by fundamental deterioration. What stands out is the timing: while the stock has recovered sharply from depressed levels, Wall is selling into strength rather than buying the dip—a pattern consistent with his history of consistent selling in this name over the past six months. The scale and single-day execution suggest deliberate capital allocation rather than a forced transaction, but the sequence of sales without corresponding buys raises questions about whether the CFO retains conviction in Cadence's near-term prospects.

Sr. VP Scannell sells 10,500 shares at $339 as stock climbs off lows; fifth consecutive open-market sale with mixed timing record.

Scannell Paul, Sr. Vice President at Cadence Design Systems, sold a meaningful block of shares representing roughly a quarter of his holdings, bringing his post-transaction stake to approximately 33,327 shares. The sale occurred as the stock traded well below its 52-week high despite a strong rally in the prior three months, signaling the executive was willing to trim exposure even amid positive price momentum. His track record at this stock shows a pattern worth noting: at the 30-day horizon, all four of his prior sales were followed by near-term declines, suggesting he has timed exits well in the short term; however, over a 90-day window, three of those four prior sales proved well-timed while one saw the stock recover, indicating his longer-term timing has been mixed. This is now his fifth consecutive open-market sale in three years, with no open-market purchases during that span—a consistent pattern of trimming rather than adding to his stake. The company itself remains fundamentally solid, growing revenue at double-digit rates and maintaining profitability, which makes this a measured reduction from a profitable company rather than a flight to safety.