Company newsCDNS
Explain this story: Cadence Design Systems (NASDAQ:CDNS) Director Vincentelli Albert Sangiovanni Sells 1,250 Shares of Company Stock
Cadence Design Systems Director Albert Sangiovanni-Vincentelli sold 1,250 shares of the company's stock for $437,587.50, reducing his total holdings by 3.06% to 39,544 shares. This transaction, executed under a Rule 10b5-1 plan, follows a previous sale in August. The company's shares traded up 0.6% to $353.48, and Cadence recently reported strong quarterly earnings, exceeding analyst expectations.
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Cadence Design Systems Director Albert Sangiovanni-Vincentelli sold 1,250 shares of the company's stock for $437,587.50, reducing his total holdings by 3.06% to 39,544 shares. This transaction, executed under a Rule 10b5-1 plan, follows a previous sale in August. The company's shares traded up 0.6% to $353.48, and Cadence recently reported strong quarterly earnings, exceeding analyst expectations.
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Published Oct 5, 2026, 19:14 ET · on this site +1h 56m