Cadence Design Systems, Inc’s filing revealed that its Sr. Vice President Cunningham Paul unloaded Company’s shares for reported $0.36 million on Aug 01 ’25. In the deal valued at $358.72 per share,1,000 shares were sold. As a result of this transaction, Cunningham Paul now holds 104,499 shares worth roughly $36.48 million.
Then, PAUL A CUNNINGHAM bought 1,000 shares, generating $358,720 in total proceeds.
Before that, TENG CHIN-CHI sold 9,088 shares. Cadence Design Systems, Inc shares valued at $2,841,684 were divested by the Sr. Vice President at a price of $312.69 per share. As a result of the transaction, TENG CHIN-CHI now holds 132,713 shares, worth roughly $46.33 million.
Piper Sandler downgraded its Cadence Design Systems, Inc [CDNS] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in early July with a ‘”a Buy”‘ rating. JP Morgan also remained covering CDNS and has increased its forecast on April 24, 2025 with a “an Overweight” recommendation from previously “Neutral” rating. Redburn Atlantic started covering the stock on January 13, 2025. It rated CDNS as “a Buy”.
Price Performance Review of CDNS
On Monday, Cadence Design Systems, Inc [NASDAQ:CDNS] saw its stock fall -0.84% to $349.09. Over the last five days, the stock has lost -4.33%. Cadence Design Systems, Inc shares have risen nearly 39.46% since the year began. Nevertheless, the stocks have risen 16.19% over the past one year. While a 52-week high of $376.45 was reached on 07/31/25, a 52-week low of $221.56 was recorded on 04/07/25.
Levels Of Support And Resistance For CDNS Stock
The 24-hour chart illustrates a support level at 345.85, which if violated will result in even more drops to 342.61. On the upside, there is a resistance level at 353.25. A further resistance level may holdings at 357.40.
How much short interest is there in Cadence Design Systems, Inc?
A steep rise in short interest was recorded in Cadence Design Systems, Inc stocks on 2025-07-15, dropping by -0.63 million shares to a total of 3.05 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 3.68 million shares. There was a decline of -20.74%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 22, 2024 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $350 price target.
