SecBot SecBot
Insider Cluster (2 insiders) ·Filed Sep 17, 2026

CDNS

CADENCE DESIGN SYSTEMS INC
NEUTRAL
Impact 3/10
Horizonweeks Processed1mo ago
Insider cluster: 2 insiders, $564K total
Actionable Insight • Neutral

The cluster is small and routine — no material signal. Monitor next 10-Q for any guidance changes or operational shifts, but this insider activity alone does not warrant action.

DirectionNeutral
Confidencemedium
Horizonweeks
Latest settled — T+20d
CDNS ▲ +12.94% at T+20d
NEUTRAL call +12.94% · α vs SPY +12.74% · entry $282.90 → $319.51
Next anchor: T+60d in 6w
Latest observation: T+25 +30.57% FF3 residual α
Entry = T+0 close
Sep 17, 2026
via day close
T+1d
+4.24%
call +4.24% · α +2.69%
$294.90
settled 6w ago
T+5d
+15.28%
call +15.28% · α +14.01%
$326.13
settled 5w ago
T+20d
+12.94%
call +12.94% · α +12.74%
$319.51
settled 12d ago
T+60d
Pending
in 6w

Price Chart

Loading chart...

Executive Summary

Two insiders at Cadence Design Systems sold a total of $564K in shares over a week, with the vast majority ($554K) from a senior vice president. The total is modest relative to the company's market cap, and the SVP's sale appears routine in size and timing, not signaling material negative information.

Key Financial Metrics

Direction
selling
Total Value
$564.0K
Insiders
2

Key Facts

  • Two insiders sold shares totaling $564K between Sep 8-15, 2026.
  • Sr. VP Paul Cunningham sold 2,000 shares for $554K; Director Ita Brennan sold 33 shares for $9K.
  • No open-market purchases were reported in the cluster.
  • Total cluster value of $564K is well under 0.1% of Cadence's market cap (approx. $77B), making it trivial in proportional terms.

Financial Impact

Total insider sales of $564K, representing less than 0.001% of market cap — immaterial.

insider_sales

Risk Factors

  • Insider sales are small and likely liquidity-driven; no elevated risk signal.

Investment Themes

Software & IT

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-CDNS-1789681347891
22 reports for CDNS
Performance horizon
33% Hit rate @ T+60 1 of 3 directional calls Went positive at some point 2 of 5 best @ T+20▲ +2.30%Jul 23, 2026
Filters
Rows
Reports for CDNS — sortable, filterable
TypeNow
Oct 26, 2026
today
8-K
BULLISH ★ 6/10
$322.17awaiting T+60—$322.17 (+0.00%)
Sep 17, 2026
5w ago
Insider Cluster
BEARISH ★ 4/10
$282.68awaiting T+60—$322.17 (−13.97%)
Sep 17, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$282.90awaiting T+60—$322.17 (+13.88%)
Aug 27, 2026
8w ago
Insider Cluster
NEUTRAL ★ 2/10
$340.39awaiting T+60—$322.17 (−5.35%)
Aug 25, 2026
8w ago
Insider Cluster
NEUTRAL ★ 2/10
$334.68awaiting T+60—$322.17 (−3.74%)
Aug 17, 2026
10w ago
Court Ruling
NEUTRAL ★ 2/10
$316.52awaiting T+60—$322.17 (+1.79%)
Aug 13, 2026
10w ago
Court Ruling
NEUTRAL ★ 4/10
$324.82awaiting T+60—$322.17 (−0.82%)
Aug 5, 2026
11w ago
Institutional Cluster
BULLISH ★ 5/10
$338.42awaiting T+60—$322.17 (−4.80%)
Jul 28, 2026
13w ago
Court Ruling
NEUTRAL ★ 1/10
$332.76 $309.65▼ −6.94%▼ −11.67%$322.17 (−3.18%)
Jul 27, 2026
13w ago
8-K
BULLISH ★ 7/10
$344.72 $326.07▼ −5.41%▼ −9.76%$322.17 (−6.54%)
Showing 10 of 22

US Market Status

Market Closed — Opens in 2h 34m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers
Report published Sep 17, 2026