Cadence Design Systems Stock - Insider sale filed as chart stays robust

Cadence Design Systems sees a fresh Form 4 from senior vice president Paul Cunningham after a routine Rule 10b5-1 stock sale, while the Nasdaq-listed shares continue to trade near recent highs and above key technical levels.

Edited by ad hoc news Chart & Technicals Desk. Verified prior to publication on 06/18/2026, 16:47 CET. Details in the imprint.

Cadence Design Systems (US12541W1027) has reported an insider stock transaction by senior vice president Paul Cunningham. According to an SEC Form 4 dated 06/17/2026, the executive sold shares under a pre-arranged Rule 10b5-1 trading plan.

Details of the Form 4 sale

According to a recent SEC filing summarized by MarketScreener, Paul Cunningham sold 2,000 Cadence Design Systems shares at $391.00 per share and exercised 1,000 stock options at a strike price of $138.02 per share on 06/15/2026. The sale totaled roughly $782,000.

The Form 4 notes that the trades occurred under a Rule 10b5-1 trading plan, meaning the timing was scheduled in advance rather than decided on short notice. After these transactions, Cunningham directly holds 126,586 Cadence shares and 9,328 remaining non-qualified stock options.

Chart picture and technical levels

Cadence Design Systems shares most recently closed at $389.60 on Nasdaq, up 0.45% on the day, keeping the stock near its recent high zone. A technical snapshot from StockInvest.us shows the shares still trading in an established uptrend, with support identified from accumulated volume below current levels.

The same analysis cites earlier support areas around $302.22 and $288.61 based on traded volume, while noting that short-term average true range points to typical daily swings of around 2% in the stock. This suggests ongoing but orderly volatility in a broadly rising trend.

The product behind the stock

Cadence Design Systems generates the bulk of its revenue from electronic design automation software used to design and verify integrated circuits and electronic systems. Its portfolio includes the Virtuoso platform for custom IC design and Allegro tools for PCB layout, alongside consulting and training services.

Where the stock trades today

Cadence Design Systems shares (US12541W1027) trade on Nasdaq at $389.60 as of 06/17/2026, 21:30 ET.

Cadence Design Systems at a glance

• Company: Cadence Design Systems, Inc.
• ISIN: US12541W1027
• WKN: 873567
• Ticker: CDNS
• Venue: Nasdaq
• Price (as of 06/17/2026, 21:30 ET): 389.60 USD
• Market cap: 106,000,000,000 USD (as of 06/17/2026)
• Sector / Industry: Information Technology / Application Software (Electronic Design Automation)
• Index membership: S&P 500, Nasdaq-100
• Next earnings date: 07/22/2026

This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.