Anirudh Devgan

CDNS CEO Devgan sold 76,827 shares for $30.8M under 10b5-1 plan (June 1-2)

Anirudh Devgan, President and CEO of Cadence Design Systems, executed 2 sales totaling 76,827 shares (76.8K shares) for $30,846,765.00 ($30.8M) via a pre-arranged 10b5-1 trading plan on June 1-2, 2026, at prices ranging from $395.00 to $415.00 (blended average: $401.51). This represents a -23.3% reduction in his non-derivative holdings, leaving 253,519 shares (253.5K shares) post-transaction. Since these sales are part of a scheduled 10b5-1 plan rather than discretionary trades, they do not reflect real-time market timing decisions. His prior trades at CDNS have shown mixed performance: his most recent sale on 2026-05-22 was followed by +12.5% gains over 30 and 90 days, though earlier 2025 sales (November and December) were followed by negative 90-day returns ranging from -11.8% to -19.1%. The current stock price of $408.00 is -2.1% from the 52-week high and +16.7% over the past 30 days; Cadence's latest financials show $1,474,220,000.00 ($1.5B) in quarterly revenue with +14.1% annual growth, though a 96.00 P/E multiple reflects elevated valuation.

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 CEO DEVGAN sold 20,000 shares ($6.8M) on 2025-12-05 at $340.00; holds 195,844 shares post-transaction.

DEVGAN ANIRUDH, President and CEO of Cadence Design Systems, sold 20,000 shares for $6,800,000.00 on 2025-12-05, reducing holdings by -9.3% to 195,844 shares. The sale occurred at $340.00, 4.9% above the current price of $335.07. His prior five trades at CDNS (all conducted on 2025-11-05) have shown mixed returns: 30-day results ranged from +1.7% to +3.7%, but 90-day measurable outcomes are not yet available. Across his broader cross-ticker track record of 20 prior open-market sells, the 90-day well-timed rate stands at 50.00%, with an average 90-day return of -4.6%, suggesting modest downside capture on past dispositions. The sale is factually discrete and represents a material reduction in CEO ownership, warranting standard disclosure review.

CDNS CEO sells 5,550 shares for $1.8M as stock down 7.1% in 30 days and 12.9% from 52-week high

DEVGAN ANIRUDH, President and CEO of Cadence Design Systems, executed 6 separate sales totaling 5,550 shares for $1,819,279.59 on 2025-11-05 at prices ranging from $325.36 to $331.86 (blended average $327.80). The shares sold represent 2.8% of pre-transaction holdings, reducing his position from 201,394 to 195,844 shares. This sale occurs amid significant near-term price weakness: the stock is down 7.1% over the past 30 days and down 12.9% from its 52-week high of $373.37, trading currently at $325.05. His same-ticker history at CDNS shows a strong pattern of well-timed execution: 4 of 5 prior sells at this ticker were well-timed at the 90-day mark, with the most recent sale on 2025-05-02 followed by a 90-day return of +17.6%. Investors should monitor whether this sale represents a strategic decision point given the CEO's demonstrated track record of timing exits at CDNS, particularly as the stock trades below its recent peaks despite the company's solid fundamentals (FY revenue growth +13.5%, net income $287.1M on $1.3B quarterly revenue).

CDNS CEO Devgan sells 10,737 shares at $310.00; his 5 prior CDNS sells all well-timed (90d declines), avg 90d return -13.5%.

ANIRUDH DEVGAN (President and CEO) sold 10,737 shares at $310.00 on 2025-05-02, reducing holdings from 220,285 shares to 209,548 shares. The critical signal emerges from his prior CDNS transaction history: all 5 previous sales at this ticker were well-timed at the 90-day mark, with negative average 90-day returns of -13.5%, indicating he sold before material price declines. His cross-ticker track record shows a 90-day well-timed rate of 25.00%, but at CDNS specifically, the pattern is perfection: 5 of 5 sells preceded documented downturns. Current price at $305.78 is -6.4% from the 52-week high, and the stock has risen +31.3% in the last 30 days—timing that historically may precede CDNS weakness based on the insider's demonstrated same-ticker pattern. This repeat sell warrants close monitoring against the company's strong fundamentals ($1.2B quarterly revenue, +13.5% annual growth, $83.5B market cap).

CEO Devgan sold 93,151 shares of CDNS at $310.00 on 2025-01-06; total $28.9M; post-transaction holdings 55.9K shares.

DEVGAN ANIRUDH, President and CEO, executed a substantial sale of 93,151 shares at $310.00, reducing his holdings by 62.5% to 55.9K shares post-transaction. The sale occurred near the stock's 52-week high of $326.50 (7.3% below that peak), following four other sales by the same insider just four days earlier on 2025-01-02. His cross-ticker track record shows prior sells have returned an average of +5.5% over 30 days and +13.6% over 90 days (0.00% well-timed rate), while at CDNS specifically, his lone measurable prior sale on 2024-03-18 showed a 90-day return of +3.3%, indicating the stock subsequently rose. The company trades at a P/E of 79.88 with recent quarterly revenue of $1.2B and 14.8% annual revenue growth. The concentration of sales within a 4-day window and the magnitude of this single transaction warrant examination of whether material events or forward guidance influenced the timing.

CDNS CEO Devgan sells 5,920 shares for $1,799,928.08 in 4 separate transactions on 2025-01-02

CEO Anirudh Devgan executed 4 separate sales totaling 5,920 shares for $1,799,928.08 at prices ranging from $302.42 to $305.73, reducing his holdings by 9.6% to 55,874 shares. The stock currently trades at $308.14, modestly above the blended average price of $304.04, with the company showing strong fundamentals (14.8% annual revenue growth, $238.1M net income). His prior 4 measurable same-ticker sales at CDNS posted negative 30-day returns and positive 90-day returns, indicating the stock has historically risen following his sales at this ticker. Without visibility into the timing or trading plan structure of this transaction, the sale represents a material reduction in CEO equity exposure during a period when the stock is near its 52-week highs.