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Cadence Design Sr. VP Paul Scannell Sells $2.79M in Stock

Created at 3 Jun · 11:45 PM2 sources2 events
IN SHORT

Cadence Design Systems Sr. VP Paul Scannell sold $2.79 million in company stock. The sale involved shares of the company's common stock.

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Key Numbers

$2.79 millionvalue of stock sold by Sr. VP

Who's Involved

Paul Scannell
Sr. VP of Cadence Design Systems, sold stock
Cadence Design Systems
Company whose Sr. VP sold stock

↳ Why This Matters

Insider selling by senior executives can sometimes signal a lack of confidence in the company's future prospects, although it can also be for personal financial planning reasons.

Key facts

  • Cadence Design Systems Sr. VP Paul Scannell sold $2.79 million in stock.
  • The sale involved shares of the company's common stock.

Paul Scannell, a Senior Vice President at Cadence Design Systems Inc., has sold a portion of his holdings in the company. The total value of the stock sold by Scannell amounts to $2.79 million. The transaction involved shares of the company's common stock. Specific details regarding the number of shares or the timing of the sale were not immediately available.

Frequently asked questions

Paul Scannell is a Senior Vice President at Cadence Design Systems Inc.

He sold $2.79 million worth of Cadence Design Systems stock.

The sale involved shares of the company's common stock.

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How It Developed

3 Jun · 11:38 PM
Cadence Design CEO Anirudh Devgan sold $30.8 million in shares.
Investing.com via PiQSuite
3 Jun · 11:37 PM
Cadence Design Sr. VP Paul Scannell sold $2.79 million in company stock.
Investing.com via PiQSuite

Sources

T1
Cadence design CEO Anirudh Devgan sells $30.8m in sharesm.piqsuite.com
T1
Cadence design systems sr. vp Paul Scannell sells $2.79 million in stockm.piqsuite.com

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