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 $2,841,684 were sold by TENG CHIN-CHI on Jul 17 ’25. At $312.69 per share, TENG CHIN-CHI sold 9,088 shares. The insider’s holdings dropped to 132,713 shares worth approximately $48.38 million following the completion of this transaction.
Before that, Cunningham Paul had sold 1,000 shares from its account. In a trade valued at $306,350, the Sr. Vice President traded Cadence Design Systems, Inc shares for $306.35 each. Upon closing the transaction, the insider’s holdings decreased to 1,000 shares, worth approximately $38.46 million.
As published in a research note from Piper Sandler on July 29, 2025, Cadence Design Systems, Inc [CDNS] has been rated down from an Overweight to a Neutral and the price target has been revised to $355. Analysts at Goldman started covering the stock with ‘”a Buy”‘ outlook in a report released in early July. As of April 24, 2025, JP Morgan has increased its “Neutral” rating to a “an Overweight” for CDNS. Earlier on January 13, 2025, Redburn Atlantic 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 -1.74% to $364.57. The stock’s lowest price that day was $363.47, but it reached a high of $376.35 in the same session. During the last five days, there has been a surge of approximately 12.30%. Over the course of the year, Cadence Design Systems, Inc shares have jumped approximately 40.73%. Shares of the company reached a 52-week high of $376.45 on 07/31/25 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 359.88, which, if violated, would cause prices to drop to 355.19. In the upper region, resistance lies at 372.85. The next price resistance is at 381.14. RSI (Relative Strength Index) is 75.48 on the 14-day chart, showing overbought 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 2025-07-15 dropping by -0.63 million shares to 3.05 million. Data from Yahoo Finance shows that the short interest on 2025-06-13 was 3.68 million shares. A decline of -20.74% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 1.79 of the overall float, the days-to-cover ratio (short ratio) decline to 1.79.
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 355 in the next 12 months, down nearly -4.32% from the previous closing price of $371.03. Analysts anticipate Cadence Design Systems, Inc stock to reach 400 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 November 22, 2024, Wells Fargo assigned a price target of “an Overweight” to the stock and initiated coverage with a $350.
