Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Cadence Design Systems, Inc shares valued at $306,350 were sold by Cunningham Paul on Jul 01 ’25. At $306.35 per share, Cunningham Paul sold 1,000 shares. The insider’s holdings dropped to 105,499 shares worth approximately $34.07 million following the completion of this transaction.
Also, PAUL A CUNNINGHAM purchased 1,000 shares, netting a total of over 306,350 in proceeds.
Before that, TENG CHIN-CHI had sold 8,892 shares from its account. In a trade valued at $2,675,799, the Sr. Vice President traded Cadence Design Systems, Inc shares for $300.92 each. Upon closing the transaction, the insider’s holdings decreased to 8,892 shares, worth approximately $43.98 million.
As published in a research note from JP Morgan on April 24, 2025, Cadence Design Systems, Inc [CDNS] has been rated up from a Neutral to an Overweight and the price target has been revised to $325. Analysts at Redburn Atlantic started covering the stock with ‘”a Buy”‘ outlook in a report released in mid January. As of November 22, 2024, Wells Fargo has initiated its “an Overweight” rating for CDNS. Earlier on November 12, 2024, Loop Capital initiated its rating. Their recommendation was “a Buy” for CDNS stock.
Analyzing CDNS Stock Performance
On last trading session,, Cadence Design Systems, Inc [NASDAQ: CDNS] plunged -0.11% to $322.91. The stock’s lowest price that day was $320.54, but it reached a high of $325.535 in the same session. During the last five days, there has been a surge of approximately 4.35%. Over the course of the year, Cadence Design Systems, Inc shares have jumped approximately 0.56%. Shares of the company reached a 52-week high of $330.09 on 07/03/25 and a 52-week low of $221.56 on 04/07/25.
Support And Resistance Levels for Cadence Design Systems, Inc (CDNS)
According to the 24-hour chart, there is a support level at 320.45, which, if violated, would cause prices to drop to 318.00. In the upper region, resistance lies at 325.45. The next price resistance is at 328.00. RSI (Relative Strength Index) is 65.91 on the 14-day chart, showing neutral technical sentiment.
Is Cadence Design Systems, Inc subject to short interest?
Stocks of Cadence Design Systems, Inc saw a sharp steep in short interest on 2025-06-13 dropping by -0.39 million shares to 3.68 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 4.08 million shares. A decline of -10.69% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 1.8 of the overall float, the days-to-cover ratio (short ratio) decline to 1.8.
Which companies own the most shares of Cadence Design Systems, Inc (CDNS)?
In terms of Cadence Design Systems, Inc share price expectations, FactSet research, analysts set an average price target of 300 in the next 12 months, down nearly -7.2% from the previous closing price of $323.28. Analysts anticipate Cadence Design Systems, Inc stock to reach 300 by 2025, with the lowest price target being 300. In spite of this, 13 analysts ranked Cadence Design Systems, Inc stock as Buy at the end of 2025. On October 22, 2024, Mizuho assigned a price target of “an Outperform” to the stock and initiated coverage with a $325.
