Anirudh Devgan, President and CEO at CADENCE DESIGN SYSTEMS INC (CDNS), sold 42,122 shares at $200.66 ($8.5M) on 2023-03-16, disclosed to the SEC on 2023-03-17.
Seasonal sale ($8.5M) by President and CEO — this insider has traded CDNS in March in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $202.94 | 5,547 | $1.1M | 13.2% |
| 2 | $200.66 | 1,832 | $368K | 4.3% |
| 3 | $200.66 | 1,832 | $368K | 4.3% |
| 4 | $201.84 | 2,423 | $489K | 5.7% |
| 5 | $201.84 | 2,423 | $489K | 5.7% |
| 6 | $202.62 | 1,390 |
| $282K |
| 3.3% |
| 7 | $202.62 | 1,390 | $282K | 3.3% |
| 8 | $202.94 | 25,285 | $5.1M | 60.1% |
| Total | $202.59 avg | 42,122 | $8.5M | 100% |
| Filing → |
| CDNS | SELL | 2025-12-09 | $6.8M | — | Filing → |
| CDNS | SELL | 2025-11-07 | $3.6M | — | Filing → |
| CDNS | SELL | 2025-05-06 | $3.3M | — | Filing → |