Ita Brennan Sells 180 Shares of Cadence Design Systems (NASDAQ:CDNS) Stock

2026-04-05 14:10:48

Ita Brennan, a director at Cadence Design Systems (NASDAQ:CDNS), sold 180 shares of the company’s stock on March 17th for a total of $53,105.40, reducing her stake by 2.35%. This transaction follows Cadence’s strong Q4 earnings, where it beat analyst estimates for EPS and revenue, and provided optimistic guidance for Q1 and FY 2026. Despite the sale, institutional ownership remains high, and analysts generally rate the stock as a “Moderate Buy” with an average price target of $376.50.

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