The selling is small relative to market cap and likely routine portfolio diversification. However, the cluster of three senior executives selling in the same week—especially Scannell's $3.56M sale—merits monitoring. Watch for any upcoming earnings pre-announcement or material change in business outlook. No immediate action warranted.
Price Chart
Executive Summary
A cluster of insider selling at Cadence Design Systems (CDNS) totaling $4.04M over the past week, led by Sr. VP Paul Scannell's $3.56M open-market sale. The CFO also sold $143K. This selling is modest relative to CDNS's $100B market cap (0.004%), but the cluster includes multiple senior executives, which warrants attention.
Key Financial Metrics
Key Facts
- Total insider selling of $4.04M over 7 days, representing ~0.004% of market cap
- Sr. VP Paul Scannell sold 10,500 shares for $3.56M on May 1
- Sr. VP Paul Cunningham sold 1,000 shares for $337K on May 1
- CFO John Wall sold 412 shares for $143K on May 5
- Seven directors received non-cash grants of 714 shares each on May 7
- Two directors made non-cash gifts of 779 shares each on May 7
- No open-market purchases by any insider in the cluster
Financial Impact
Total insider selling of $4.04M, negligible relative to $100B market cap
Risk Factors
- Insider selling by multiple senior executives could signal caution about near-term prospects
- No insider buying to offset the selling 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-1778534574830 |
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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