Cadence Design Systems, Inc’s recent filing unveils that its President and CEO DEVGAN ANIRUDH unloaded Company’s shares for reported $6.8 million on Dec 05 ’25. In the deal valued at $340.00 per share,20,000 shares were sold. As a result of this transaction, DEVGAN ANIRUDH now holds 195,844 shares worth roughly $65.62 million.
Then, CHIN-CHI TENG bought 5,977 shares, generating $2,020,166 in total proceeds.
Before that, ANIRUDH DEVGAN bought 20,000 shares. Cadence Design Systems, Inc shares valued at $6,800,000 were divested by the Officer at a price of $340.00 per share.
Oppenheimer upgraded its Cadence Design Systems, Inc [CDNS] rating to a Perform from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in late November with a ‘”a Buy”‘ rating. BNP Paribas Exane began covering CDNS with “an Outperform” recommendation on October 02, 2025. Piper Sandler revised its rating on July 29, 2025. It rated CDNS as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of CDNS
On Tuesday, Cadence Design Systems, Inc [NASDAQ:CDNS] saw its stock fall -0.66% to $335.07. Over the last five days, the stock has gained 5.39%. Cadence Design Systems, Inc shares have risen nearly 10.30% since the year began. Nevertheless, the stocks have risen 11.52% 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 333.01, which if violated will result in even more drops to 330.94. On the upside, there is a resistance level at 337.59. A further resistance level may holdings at 340.10.
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 2025-11-14, growing by 0.27 million shares to a total of 4.14 million shares. Yahoo Finance data shows the prior-month short interest on 2025-10-15 was 3.87 million shares. There was a rise of 6.62%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 10, 2025 when Goldman began covering the stock and recommended ‘”a Buy”‘ rating along with a $380 price target.
