Brennan Ita M sells Cadence Design Systems (CDNS) stock for $53,105

NodeGuardian · 2026-04-04T15:44:04+00:00

Ita M. Brennan of Cadence Design Systems sold 180 shares for $53,105, remaining with 7,470 shares. Despite strong Q4 results and promising guidance, InvestingPro suggests the company is overvalued.

NodeGuardian

2026-04-04 15:44:04

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Ita M. Brennan, a director at Cadence Design Systems Inc (NASDAQ:CDNS), sold 180 shares of common stock for a total of $53,105. This transaction, executed under a Rule 10b5-1 trading plan, leaves Brennan with 7470 directly owned shares. InvestingPro analysis suggests the company is currently overvalued, despite recent strong Q4 2025 results, optimistic Q1 2026 guidance, and strategic acquisitions and partnerships.

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