Cadence Design Systems, Inc’s recently made public that its Sr. Vice President Cunningham Paul unloaded Company’s shares for reported $0.31 million on Jul 01 ’25. In the deal valued at $306.35 per share,1,000 shares were sold. As a result of this transaction, Cunningham Paul now holds 105,499 shares worth roughly $33.82 million.
Then, PAUL A CUNNINGHAM bought 1,000 shares, generating $306,350 in total proceeds.
Before that, TENG CHIN-CHI sold 8,892 shares. Cadence Design Systems, Inc shares valued at $2,675,799 were divested by the Sr. Vice President at a price of $300.92 per share. As a result of the transaction, TENG CHIN-CHI now holds 136,213 shares, worth roughly $43.67 million.
Goldman initiated its Cadence Design Systems, Inc [CDNS] rating to a Buy in a research note published on July 10, 2025; the price target was $380. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in late April from “a Neutral” to “an Overweight”. Redburn Atlantic began covering CDNS with “Buy” recommendation on January 13, 2025. Wells Fargo started covering the stock on November 22, 2024. It rated CDNS as “an Overweight”.
Price Performance Review of CDNS
On Friday, Cadence Design Systems, Inc [NASDAQ:CDNS] saw its stock fall -0.64% to $320.6. Over the last five days, the stock has lost -1.90%. Cadence Design Systems, Inc shares have risen nearly 1.69% since the year began. Nevertheless, the stocks have risen 6.70% over the past one year. While a 52-week high of $330.09 was reached on 07/03/25, 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 317.73, which if violated will result in even more drops to 314.87. On the upside, there is a resistance level at 323.89. A further resistance level may holdings at 327.19.
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 2025-06-13, dropping by -0.39 million shares to a total of 3.68 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 4.08 million shares. There was a decline of -10.69%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 12, 2024 when Loop Capital began covering the stock and recommended ‘”a Buy”‘ rating along with a $360 price target.
