5 Overvalued Stocks Insiders are Dumping Now

Page 1 of 5

This article presents an overview of 5 Overvalued Stocks Insiders are Dumping Now. For a detailed overview of such stocks, read our article, 11 Overvalued Stocks Insiders are Dumping Now.

5. Cadence Design Systems Inc (NASDAQ:CDNS)

Number of Hedge Fund Investors: 72

Computation software company Cadence Design Systems Inc (NASDAQ:CDNS) shares have gained about 44% over the past one year. The stock recently saw insider selling when its CFO John Wall sold 21,700 shares of Cadence Design Systems Inc (NASDAQ:CDNS) at $311.40 on March 28. Since then the stock has lost about 1.6% in value.

Of the 933 funds tracked by Insider Monkey, 72 hedge funds had stakes in Cadence Design Systems Inc (NASDAQ:CDNS) as of the end of 2023.

Page 1 of 5