Insider Cluster (3 insiders) ·Filed May 1, 2026

CDNS

CADENCE DESIGN SYSTEMS INC
NEUTRAL
Impact 2/10
Horizonimmediate Processed4mo ago
Insider cluster: 3 insiders, $4.0M total
Actionable Insight • Neutral

No material insider signal detected. Monitor upcoming earnings execution and any future insider selling patterns that exceed 0.1% of market cap.

DirectionNeutral
Confidencehigh
Horizonimmediate
Final — all horizons settled through T+60d ⚠ clustered
CDNS ▼ -0.67% at T+60d
NEUTRAL call ✗ call lost -0.67% · α vs SPY -3.23% · entry $340.90 → $338.61
Entry anchored
Apr 30, 03:59 PM ET
via exchange tick
T+1d
+2.29%
call +2.29% · α +2.63%
$348.70
settled 5mo ago
T+5d
+6.34%
call +6.34% · α +4.00%
$362.52
settled 5mo ago
T+20d
+21.49%
call +21.49% · α +16.21%
$414.16
settled 4mo ago
T+60d
-0.67%
call -0.67% · α -3.23%
$338.61
settled 2mo ago

Price Chart

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Executive Summary

Three insiders at CDNS sold shares totaling approximately $4.04M in open-market transactions over the past week, but relative to the company's $98.4B market cap, this represents less than 0.005% and is immaterial. The sales occurred just after a strong Q1 earnings beat and raised guidance, suggesting routine portfolio diversification rather than bearish signaling.

Key Financial Metrics

Direction
selling
Total Value
$4.0M
Insiders
3

Key Facts

  • Total insider sales: ~$4.04M (0.004% of market cap)
  • CFO John Wall sold 412 shares for $143K
  • Sr. VP Paul Scannell sold 10.5K shares for $3.56M
  • Q1 2026 earnings beat guidance; FY 2026 revenue outlook raised to 16-18% growth

Financial Impact

Insider sales of ~$4M are negligible relative to $98.4B market cap

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-1778276732721
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%$348.20 (+2.29%)
Aug 25, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$334.68 $294.90▼ −11.89%▼ −13.09%$348.20 (+4.04%)
Aug 17, 2026
6w ago
Court Ruling
NEUTRAL ★ 2/10
$323.47 $273.96▼ −15.31%▼ −13.33%$348.20 (+7.65%)
Aug 13, 2026
7w ago
Court Ruling
NEUTRAL ★ 4/10
$323.77 $289.37▼ −10.62%▼ −8.88%$348.20 (+7.55%)
Aug 6, 2026
8w ago
Institutional Cluster
BULLISH ★ 5/10
$338.42 $304.88▼ −9.91%▼ −10.51%$348.20 (+2.89%)
Jul 28, 2026
9w ago
Court Ruling
NEUTRAL ★ 1/10
$344.72 $331.90▼ −3.72%▼ −7.10%$348.20 (+1.01%)
Jul 27, 2026
9w ago
8-K
BULLISH ★ 7/10
$344.72 $331.90▼ −3.72%▼ −7.10%$348.20 (+1.01%)
Jul 24, 2026
10w ago
Insider Cluster
BEARISH ★ 4/10
$326.24 $318.75▲ +2.30%▲ +5.92%$348.20 (−6.73%)
Jul 20, 2026
10w ago
Court Ruling
NEUTRAL ★ 1/10
$329.93 $323.47▼ −1.96%▼ −6.08%$348.20 (+5.54%)
Jul 16, 2026
11w ago
ANALYST-UPGRADE
BULLISH ★ 3/10
$364.65 $323.77▼ −11.21%▼ −14.83%$348.20 (−4.51%)
Showing 10 of 19

US Market Status

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Report published May 8, 2026