$20,000 of CADENCE DESIGN SYSTEMS INC lobbying was just disclosed, from Q1 of 2025, in a new Lobbying Disclosure Act filing.
This included lobbying on issues like:
"Digital electronic systems engineering; House and Senate National Defense Authorization Acts for FY 26"
You can find more data on corporate lobbying on Quiver Quantitative.
CDNS Congressional Stock Trading
Members of Congress have traded $CDNS stock 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $CDNS stock by members of Congress over the last 6 months:
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. sold up to $15,000 on 02/26.
- REPRESENTATIVE ROBERT BRESNAHAN sold up to $15,000 on 01/13.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
CDNS Insider Trading Activity
CDNS insiders have traded $CDNS stock on the open market 37 times in the past 6 months. Of those trades, 0 have been purchases and 37 have been sales.
Here’s a breakdown of recent trading of $CDNS stock by insiders over the last 6 months:
- ANIRUDH DEVGAN (President and CEO) has made 0 purchases and 5 sales selling 99,071 shares for an estimated $30,676,738.
- CHIN-CHI TENG (Sr. Vice President) has made 0 purchases and 20 sales selling 41,018 shares for an estimated $12,368,369.
- JOHN M WALL (Sr. VP & CFO) has made 0 purchases and 2 sales selling 4,249 shares for an estimated $1,311,931.
- PAUL SCANNELL (Sr. Vice President) sold 3,171 shares for an estimated $969,628
- PAUL CUNNINGHAM (Sr. Vice President) has made 0 purchases and 5 sales selling 3,250 shares for an estimated $930,852.
- VINCENTELLI ALBERTO SANGIOVANNI has made 0 purchases and 2 sales selling 3,000 shares for an estimated $873,165.
- KARNA NISEWANER (SVP & General Counsel) has made 0 purchases and 2 sales selling 2,421 shares for an estimated $624,635.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
CDNS Hedge Fund Activity
We have seen 610 institutional investors add shares of CDNS stock to their portfolio, and 522 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 2,633,224 shares (-33.4%) from their portfolio in Q4 2024, for an estimated $791,178,483
- HOLOCENE ADVISORS, LP added 766,171 shares (+inf%) to their portfolio in Q4 2024, for an estimated $230,203,738
- LEGAL & GENERAL GROUP PLC removed 743,370 shares (-28.0%) from their portfolio in Q4 2024, for an estimated $223,352,950
- SCHRODER INVESTMENT MANAGEMENT GROUP added 716,041 shares (+53.1%) to their portfolio in Q4 2024, for an estimated $215,141,678
- FMR LLC added 639,146 shares (+8.7%) to their portfolio in Q4 2024, for an estimated $192,037,807
- ALLIANCEBERNSTEIN L.P. added 632,175 shares (+12.5%) to their portfolio in Q4 2024, for an estimated $189,943,300
- PRICE T ROWE ASSOCIATES INC /MD/ added 601,834 shares (+25.8%) to their portfolio in Q4 2024, for an estimated $180,827,043
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
CDNS Analyst Ratings
Wall Street analysts have issued reports on $CDNS in the last several months. We have seen 4 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Loop Capital Markets issued a "Buy" rating on 11/11/2024
- Needham issued a "Buy" rating on 10/29/2024
- Piper Sandler issued a "Overweight" rating on 10/29/2024
- Rosenblatt Securities issued a "Underperform" rating on 10/15/2024
- William Blair issued a "Buy" rating on 10/15/2024
To track analyst ratings and price targets for CDNS, check out Quiver Quantitative's $CDNS forecast page.
CDNS Price Targets
Multiple analysts have issued price targets for $CDNS recently. We have seen 6 analysts offer price targets for $CDNS in the last 6 months, with a median target of $332.5.
Here are some recent targets:
- Gary Mobley from Loop Capital Markets set a target price of $360.0 on 11/11/2024
- Vivek Arya from Bank of America Securities set a target price of $310.0 on 10/29/2024
- Charles Shi from Needham set a target price of $315.0 on 10/29/2024
- Jon Vruwink from Robert W. Baird set a target price of $340.0 on 10/29/2024
- Ruben Roy from Stifel Nicolaus set a target price of $350.0 on 10/29/2024
- Siti Panigrahi from Mizuho Securities set a target price of $325.0 on 10/21/2024
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
