Sr. Vice President, TENG CHIN-CHI sold 5,800 shares of Cadence Design Systems, Inc [CDNS]

Samantha Gray

Cadence Design Systems, Inc’s recently made public that its Sr. Vice President TENG CHIN-CHI unloaded Company’s shares for reported $1.88 million on Nov 06 ’25. In the deal valued at $324.94 per share,5,800 shares were sold. As a result of this transaction, TENG CHIN-CHI now holds 123,381 shares worth roughly $39.3 million.

Then, DEVGAN ANIRUDH sold 5,550 shares, generating $1,819,280 in total proceeds. Upon selling the shares at $327.80, the President and CEO now owns 195,844 shares.

Before that, CHIN-CHI TENG bought 5,800 shares. Cadence Design Systems, Inc shares valued at $1,884,652 were divested by the Officer at a price of $324.94 per share.

BNP Paribas Exane initiated its Cadence Design Systems, Inc [CDNS] rating to an Outperform in a research note published on October 02, 2025; the price target was $400. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in late July from “an Overweight” to “a Neutral”. Goldman began covering CDNS with “Buy” recommendation on July 10, 2025. JP Morgan revised its rating on April 24, 2025. It rated CDNS as “an Overweight” which previously was an “a Neutral”.

Price Performance Review of CDNS

On Tuesday, Cadence Design Systems, Inc [NASDAQ:CDNS] saw its stock fall -3.17% to $318.51. Over the last five days, the stock has lost -4.41%. Cadence Design Systems, Inc shares have risen nearly 5.56% since the year began. Nevertheless, the stocks have risen 6.01% 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 314.22, which if violated will result in even more drops to 309.94. On the upside, there is a resistance level at 324.79. A further resistance level may holdings at 331.08.

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 2025-10-31, dropping by -0.22 million shares to a total of 3.58 million shares. Yahoo Finance data shows the prior-month short interest on 2025-09-30 was 3.8 million shares. There was a decline of -6.13%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on January 13, 2025 when Redburn Atlantic began covering the stock and recommended ‘”a Buy”‘ rating along with a $350 price target.

Knox Daily
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