The insider sales are too small to signal concern — monitor for any acceleration in selling volume or C-suite departures, but no immediate action warranted. The strong Q1 beat and raised guidance dominate the narrative.
Price Chart
Executive Summary
Three senior Cadence executives sold a total of $4.04M in stock within a week of the company reporting strong Q1 2026 results and raising its full-year revenue growth outlook to 17%. The sales are modest relative to the $97.9B market cap (0.004%) and likely reflect routine portfolio diversification following a 19% YoY revenue beat and record backlog of $8.0B.
Key Financial Metrics
Key Facts
- Three insiders sold a total of $4.04M in open-market transactions over 5 days
- Sales represent 0.004% of CDNS's $97.9B market cap — trivial in size
- CFO John Wall sold 412 shares ($143K) on May 5, 2026
- Sr. VP Paul Scannell sold 10,500 shares ($3.56M) on May 1, 2026
- Sr. VP Paul Cunningham sold 1,000 shares ($337K) on May 1, 2026
- Q1 2026 revenue of $1.474B beat guidance; FY2026 revenue growth outlook raised to 17% at midpoint
- Record backlog of $8.0B reported in the April 27 earnings release
Financial Impact
Total insider sales of $4.04M are negligible relative to $97.9B market cap
Risk Factors
- Insider selling could increase if stock continues to appreciate post-earnings
- No material risk identified from this cluster given trivial dollar amounts
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-1778190561957 |
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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