The insider selling is routine and immaterial. Monitor for any future cluster with higher dollar amounts or C-suite participation, but no immediate action is warranted.
Price Chart
Executive Summary
Two Sr. Vice Presidents at Cadence Design Systems sold a combined $3.90M in stock on May 1, 2026. The total represents less than 0.01% of the company's $96.5B market cap, making this cluster trivial and routine. The sales occurred 8 days after a strong Q1 2026 earnings beat and raised guidance, but the dollar amount is immaterial.
Key Financial Metrics
Key Facts
- Two Sr. Vice Presidents sold shares: Paul Scannell (10,500 shares, $3.56M) and Paul Cunningham (1,000 shares, $337K).
- Total sales of $3.90M represent ~0.004% of $96.5B market cap.
- Sales occurred on May 1, 2026, 8 days after strong Q1 2026 earnings (revenue $1.474B, non-GAAP EPS $1.96, record backlog $8.0B).
- No C-suite executives traded in this cluster.
Financial Impact
Total insider sales of $3.90M, negligible relative to market cap.
Risk Factors
- Further insider selling could emerge if the stock continues to rise.
- No material negative signal from this cluster alone.
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-1778015662030 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 27, 2026 5w ago | Insider Cluster | $340.39 $326.70 | ▼ −4.02% | ▼ −4.53% | $348.20 (+2.29%) |
Aug 25, 2026 5w ago | Insider Cluster | $334.68 $294.90 | ▼ −11.89% | ▼ −13.09% | $348.20 (+4.04%) |
Aug 17, 2026 6w ago | Court Ruling | $323.47 $273.96 | ▼ −15.31% | ▼ −13.33% | $348.20 (+7.65%) |
Aug 13, 2026 7w ago | Court Ruling | $323.77 $289.37 | ▼ −10.62% | ▼ −8.88% | $348.20 (+7.55%) |
Aug 6, 2026 8w ago | Institutional Cluster | $338.42 $304.88 | ▼ −9.91% | ▼ −10.51% | $348.20 (+2.89%) |
Jul 28, 2026 9w ago | Court Ruling | $344.72 $331.90 | ▼ −3.72% | ▼ −7.10% | $348.20 (+1.01%) |
Jul 27, 2026 9w ago | 8-K | $344.72 $331.90 | ▼ −3.72% | ▼ −7.10% | $348.20 (+1.01%) |
Jul 24, 2026 10w ago | Insider Cluster | $326.24 $318.75 | ▲ +2.30% | ▲ +5.92% | $348.20 (−6.73%) |
Jul 20, 2026 10w ago | Court Ruling | $329.93 $323.47 | ▼ −1.96% | ▼ −6.08% | $348.20 (+5.54%) |
Jul 16, 2026 11w ago | ANALYST-UPGRADE | $364.65 $323.77 | ▼ −11.21% | ▼ −14.83% | $348.20 (−4.51%) |
US Market Status
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