Cadence Design Systems, Inc’s recent filing unveils that its Director Brennan Ita M unloaded Company’s shares for reported $60213.0 on Sep 10 ’25. In the deal valued at $334.51 per share,180 shares were sold. As a result of this transaction, Brennan Ita M now holds 7,830 shares worth roughly $2.73 million.
Then, Ita Brennan bought 180 shares, generating $62,730 in total proceeds.
Before that, Cunningham Paul sold 1,000 shares. Cadence Design Systems, Inc shares valued at $343,950 were divested by the Sr. Vice President at a price of $343.95 per share. As a result of the transaction, Cunningham Paul now holds 102,499 shares, worth roughly $35.77 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 Tuesday, Cadence Design Systems, Inc [NASDAQ:CDNS] saw its stock fall -0.71% to $349.01. Over the last five days, the stock has lost -3.53%. Cadence Design Systems, Inc shares have risen nearly 29.31% since the year began. Nevertheless, the stocks have risen 16.16% over the past one year.
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 2025-08-29, dropping by 67522.0 shares to a total of 3.69 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-31 was 3.76 million shares. There was a decline of -1.83%, 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.
