No actionable insider signal — the dollar amounts are trivial for a company of this size. Monitor for any upcoming earnings or material news that might have prompted these routine sales, but no immediate trading action is warranted.
Price Chart
Executive Summary
Three CDNS insiders sold a total of $1.37M in open-market transactions over a 7-day window, representing just 0.0013% of the company's $107B market cap. The sales are trivial relative to company size and involve directors and an SVP, not C-suite executives, making this a routine liquidity-driven cluster with no material signal.
Key Financial Metrics
Key Facts
- Total open-market insider sales: $1.37M across 3 insiders (2 directors, 1 SVP)
- Sales represent 0.0013% of CDNS's $107B market cap — well below the 0.1% materiality threshold
- Largest sale: SVP Cunningham sold $782K on June 15; Director Plummer sold $576K on June 11
- Non-cash derivative exercises by Cunningham ($0 and $138K) have no economic impact
- Recent 30-day insider activity shows $32.2M in total sales, but this cluster is a small fraction
Financial Impact
Insider sales of $1.37M are immaterial relative to $107B market cap
Risk Factors
- Insider sales are generally weak predictors; cluster sells are not more informative than single sells
- Recent 30-day insider selling total of $32.2M could indicate broader distribution, but this cluster is too small to confirm a pattern
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CDNS-1781732137751 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 27, 2026 5w ago | Insider Cluster | $340.39 $326.70 | ▼ −4.02% | ▼ −4.53% | $351.35 (+3.22%) |
Aug 25, 2026 5w ago | Insider Cluster | $334.68 $294.90 | ▼ −11.89% | ▼ −13.09% | $351.35 (+4.98%) |
Aug 17, 2026 6w ago | Court Ruling | $323.47 $273.96 | ▼ −15.31% | ▼ −13.33% | $351.35 (+8.62%) |
Aug 13, 2026 7w ago | Court Ruling | $323.77 $289.37 | ▼ −10.62% | ▼ −8.88% | $351.35 (+8.52%) |
Aug 6, 2026 8w ago | Institutional Cluster | $338.42 $304.88 | ▼ −9.91% | ▼ −10.51% | $351.35 (+3.82%) |
Jul 28, 2026 9w ago | Court Ruling | $344.72 $331.90 | ▼ −3.72% | ▼ −7.10% | $351.35 (+1.92%) |
Jul 27, 2026 9w ago | 8-K | $344.72 $331.90 | ▼ −3.72% | ▼ −7.10% | $351.35 (+1.92%) |
Jul 24, 2026 10w ago | Insider Cluster | $326.24 $318.75 | ▲ +2.30% | ▲ +5.92% | $351.35 (−7.70%) |
Jul 20, 2026 10w ago | Court Ruling | $329.93 $323.47 | ▼ −1.96% | ▼ −6.08% | $351.35 (+6.49%) |
Jul 16, 2026 11w ago | ANALYST-UPGRADE | $364.65 $323.77 | ▼ −11.21% | ▼ −14.83% | $351.35 (−3.65%) |
US Market Status
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