Anirudh Devgan, President and CEO at CADENCE DESIGN SYSTEMS INC (CDNS), sold 51,430 shares at $208.61 ($10.7M) on 2023-03-17, disclosed to the SEC on 2023-03-21.
Seasonal sale ($10.7M) 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 | $206.77 | 18,964 | $3.9M | 36.8% |
| 2 | $206.77 | 18,964 | $3.9M | 36.8% |
| 3 | $207.99 | 6,101 | $1.3M | 11.9% |
| 4 | $207.99 | 6,101 | $1.3M | 11.9% |
| 5 | $208.61 | 650 | $136K | 1.3% |
| 6 | $208.61 | 650 |
| $136K |
| 1.3% |
| Total | $207.11 avg | 51,430 | $10.7M | 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 → |