We just received data on a new analyst forecast for $CDNS. Wells Fargo gave a rating of 'Overweight' for $CDNS.
$CDNS Analyst Ratings
Wall Street analysts have issued reports on $CDNS in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Wells Fargo issued a "Overweight" rating on 05/16/2025
- KeyBanc issued a "Overweight" rating on 05/15/2025
To track analyst ratings and price targets for $CDNS, check out Quiver Quantitative's $CDNS forecast page.
$CDNS Congressional Stock Trading
Members of Congress have traded $CDNS stock 4 times in the past 6 months. Of those trades, 1 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $CDNS stock by members of Congress over the last 6 months:
- REPRESENTATIVE GREG LANDSMAN sold up to $15,000 on 03/27.
- REPRESENTATIVE ROBERT BRESNAHAN has traded it 2 times. They made 1 purchase worth up to $15,000 on 03/17 and 1 sale worth up to $15,000 on 01/13.
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. sold up to $15,000 on 02/26.
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 31 times in the past 6 months. Of those trades, 0 have been purchases and 31 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 6 sales selling 109,808 shares for an estimated $34,005,208.
- CHIN-CHI TENG (Sr. Vice President) has made 0 purchases and 13 sales selling 31,018 shares for an estimated $9,412,405.
- PAUL SCANNELL (Sr. Vice President) has made 0 purchases and 2 sales selling 7,881 shares for an estimated $2,382,628.
- JOHN M WALL (Sr. VP & CFO) sold 4,224 shares for an estimated $1,305,342
- PAUL CUNNINGHAM (Sr. Vice President) has made 0 purchases and 6 sales selling 3,900 shares for an estimated $1,112,618.
- KARNA NISEWANER (SVP & General Counsel) has made 0 purchases and 2 sales selling 2,421 shares for an estimated $624,635.
- ITA M BRENNAN sold 180 shares for an estimated $49,500
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$CDNS Hedge Fund Activity
We have seen 593 institutional investors add shares of $CDNS stock to their portfolio, and 720 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ALPHINITY INVESTMENT MANAGEMENT PTY LTD removed 1,779,444 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $452,565,992
- BLACKROCK, INC. added 1,332,106 shares (+4.4%) to their portfolio in Q1 2025, for an estimated $338,794,518
- LONE PINE CAPITAL LLC added 1,218,389 shares (+inf%) to their portfolio in Q1 2025, for an estimated $309,872,874
- PRICE T ROWE ASSOCIATES INC /MD/ removed 1,078,675 shares (-36.7%) from their portfolio in Q1 2025, for an estimated $274,339,412
- JENNISON ASSOCIATES LLC added 1,054,702 shares (+13.2%) to their portfolio in Q1 2025, for an estimated $268,242,359
- JPMORGAN CHASE & CO added 850,565 shares (+30.2%) to their portfolio in Q1 2025, for an estimated $216,324,196
- VAN ECK ASSOCIATES CORP added 815,070 shares (+30.0%) to their portfolio in Q1 2025, for an estimated $207,296,753
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
