The executive sold 2,000 shares, reducing holdings to 125,586 shares valued at $46.66 million.
Cadence Design Systems Senior Vice President Paul Cunningham sold 2,000 shares on July 15, 2026, for $767,000, based on a weighted average price of $383.36. The stock closed at $371.50 that day, reflecting a 17% one-year total return.
Cunningham retains 125,586 shares, valued at $46.66 million, representing a 0.0455% stake in the $91.0 billion company. The shares were acquired through vested options, with 8,328 derivative securities remaining in his holdings.
Cadence reported trailing twelve-month revenue of $5.5 billion and net income of $1.2 billion, supported by a workforce of 13,800 employees.