Insider Cluster (2 insiders) ·Filed Jun 15, 2026

CDNS

CADENCE DESIGN SYSTEMS INC
NEUTRAL
Impact 2/10
Horizondays Processed3mo ago
Insider cluster: 2 insiders, $584K total
Actionable Insight • Neutral

The cluster is too small in both absolute and relative terms to warrant a trading signal. Monitor for any C-suite selling or a material increase in volume/dollar value before drawing conclusions.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
CDNS ▼ -26.53% at T+60d
NEUTRAL call ✗ call lost -26.53% · α vs SPY -27.53% · entry $387.85 → $284.95
Entry anchored
Jun 15, 03:59 PM ET
via exchange tick
T+1d
+0.45%
call +0.45% · α +1.70%
$389.60
settled 4mo ago
T+5d
-2.27%
call -2.27% · α -0.03%
$379.06
settled 3mo ago
T+20d
-2.85%
call -2.85% · α -3.05%
$376.80
settled 3mo ago
T+60d
-26.53%
call -26.53% · α -27.53%
$284.95
settled 22d ago

Price Chart

Loading chart...

Executive Summary

Two Cadence Design Systems directors sold a combined $584K in open-market transactions over a 2-day window. The total is ~0.00055% of the $106.2B market cap — well below the 0.1% materiality threshold. Both sellers are non-executive directors, and the dollar amounts are trivial for a company of this size.

Key Financial Metrics

Direction
selling
Total Value
$584.3K
Insiders
2

Key Facts

  • Two directors sold a total of 1,532 shares for ~$584K in open-market transactions on June 10-11, 2026.
  • Total value is approximately 0.00055% of Cadence's $106.2B market cap.
  • Both sellers are non-executive directors (Plummer and Brennan), not C-suite officers.
  • No insider purchases were reported in the same window.

Financial Impact

~$584K in total insider sales, representing ~0.00055% of market cap — immaterial.

Risk Factors

  • No material risk identified from this cluster alone.

Market Snapshot

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

Investment Themes

Software & IT

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-CDNS-1781562825399
19 reports for CDNS
Performance horizon
50% Hit rate 2 of 4 directional calls best @ T+20▲ +2.30%Jul 24, 2026
Filters
Rows
Reports for CDNS — sortable, filterable
TypeNow
Aug 27, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$340.39 $326.70▼ −4.02%▼ −4.53%$351.35 (+3.22%)
Aug 25, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$334.68 $294.90▼ −11.89%▼ −13.09%$351.35 (+4.98%)
Aug 17, 2026
6w ago
Court Ruling
NEUTRAL ★ 2/10
$323.47 $273.96▼ −15.31%▼ −13.33%$351.35 (+8.62%)
Aug 13, 2026
7w ago
Court Ruling
NEUTRAL ★ 4/10
$323.77 $289.37▼ −10.62%▼ −8.88%$351.35 (+8.52%)
Aug 6, 2026
8w ago
Institutional Cluster
BULLISH ★ 5/10
$338.42 $304.88▼ −9.91%▼ −10.51%$351.35 (+3.82%)
Jul 28, 2026
9w ago
Court Ruling
NEUTRAL ★ 1/10
$344.72 $331.90▼ −3.72%▼ −7.10%$351.35 (+1.92%)
Jul 27, 2026
9w ago
8-K
BULLISH ★ 7/10
$344.72 $331.90▼ −3.72%▼ −7.10%$351.35 (+1.92%)
Jul 24, 2026
10w ago
Insider Cluster
BEARISH ★ 4/10
$326.24 $318.75▲ +2.30%▲ +5.92%$351.35 (−7.70%)
Jul 20, 2026
10w ago
Court Ruling
NEUTRAL ★ 1/10
$329.93 $323.47▼ −1.96%▼ −6.08%$351.35 (+6.49%)
Jul 16, 2026
11w ago
ANALYST-UPGRADE
BULLISH ★ 3/10
$364.65 $323.77▼ −11.21%▼ −14.83%$351.35 (−3.65%)
Showing 10 of 19

US Market Status

Market Closed — Opens Mon (65h 7m)

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
Report published Jun 15, 2026