Anirudh Devgan net worth and biography

Anirudh Devgan Biography and Net Worth

Anirudh Devgan has served as President of Cadence since 2017, overseeing all business groups, research and development, sales, field engineering and customer support, strategy, marketing, IT, mergers and acquisitions, and business development. Prior to becoming President, he was Executive Vice President and General Manager of the Digital & Signoff and System & Verification groups.

Prior to joining Cadence in 2012, Devgan was General Manager and Corporate Vice President of the Custom Design Business Unit at Magma Design Automation. Previous roles include management and technical positions at IBM, where he received numerous awards including the IBM Outstanding Innovation Award. Devgan is an IEEE Fellow, has written numerous research papers, and holds several patents.

Devgan received a Bachelor of Technology degree in electrical engineering from the Indian Institute of Technology, Delhi, and MS and PhD degrees in electrical and computer engineering from Carnegie Mellon University.

What is Anirudh Devgan's net worth?

The estimated net worth of Anirudh Devgan is at least $41.43 million as of March 16th, 2023. Dr. Devgan owns 199,178 shares of Cadence Design Systems stock worth more than $41,431,016 as of March 31st. This net worth estimate does not reflect any other investments that Dr. Devgan may own. Learn More about Anirudh Devgan's net worth.

What is Anirudh Devgan's salary?

As the President of Cadence Design Systems, Inc., Dr. Devgan earned a total compensation package of $21,735,794.00 in 2021. Dr. Devgan earned a salary of $604,808.00, stock awards of $2,499,956.00, options awards of $17,496,404.00, non-equity compensation of $1,109,054.00, and other compensation of $25,572.00. Learn More on Anirudh Devgan's salary.

How do I contact Anirudh Devgan?

The corporate mailing address for Dr. Devgan and other Cadence Design Systems executives is 2655 SEELY AVENUE BLDG 5, SAN JOSE CA, 95134. Cadence Design Systems can also be reached via phone at (408) 943-1234 and via email at [email protected] Learn More on Anirudh Devgan's contact information.

Has Anirudh Devgan been buying or selling shares of Cadence Design Systems?

During the last ninety days, Anirudh Devgan has sold $2,054,442.37 in Cadence Design Systems stock. Most recently, Anirudh Devgan sold 5,645 shares of the business's stock in a transaction on Thursday, March 16th. The shares were sold at an average price of $201.65, for a transaction totalling $1,138,314.25. Following the completion of the sale, the chief executive officer now directly owns 199,178 shares of the company's stock, valued at $40,164,243.70. Learn More on Anirudh Devgan's trading history.

Who are Cadence Design Systems' active insiders?

Cadence Design Systems' insider roster includes Mark Adams (Director), Thomas Beckley (VP), Susan Bostrom (Director), Paul Cunningham (VP), Anirudh Devgan (President), Surendra Mandava (VP), James Plummer (Director), Albert Sangiovanni-Vincentelli (Director), John Shoven (Director), Roger Siboni (Director), Young Sohn (Director), Lip Tan (CEO), Chin-Chi Teng (VP), John Wall (CFO), and Aneel Zaman (VP). Learn More on Cadence Design Systems' active insiders.

Are insiders buying or selling shares of Cadence Design Systems?

During the last twelve months, insiders at the software maker sold shares 56 times. They sold a total of 1,259,973 shares worth more than $212,695,131.91. The most recent insider tranaction occured on March, 16th when VP Aneel Zaman sold 17,626 shares worth more than $3,553,754.12. Insiders at Cadence Design Systems own 2.0% of the company. Learn More about insider trades at Cadence Design Systems.

Information on this page was last updated on 3/16/2023.

Anirudh Devgan Insider Trading History at Cadence Design Systems

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/16/2023Sell5,645$201.65$1,138,314.25199,178View SEC Filing Icon  
2/28/2023Sell1,525$193.26$294,721.50172,414View SEC Filing Icon  
2/23/2023Sell3,147$197.46$621,406.62175,433View SEC Filing Icon  
8/29/2022Sell1,523$176.34$268,565.82180,859View SEC Filing Icon  
8/16/2022Sell2,817$191.71$540,047.07183,878View SEC Filing Icon  
6/9/2022Sell35,217$158.82$5,593,163.94189,387View SEC Filing Icon  
11/19/2021Sell25,000$189.00$4,725,000.00View SEC Filing Icon  
11/16/2021Sell25,000$184.00$4,600,000.00View SEC Filing Icon  
11/4/2021Sell25,000$179.00$4,475,000.00View SEC Filing Icon  
8/24/2021Sell3,922$158.71$622,460.62228,518View SEC Filing Icon  
8/17/2021Sell2,817$150.45$423,817.65View SEC Filing Icon  
4/13/2021Sell33,278$147.00$4,891,866.00237,935View SEC Filing Icon  
2/23/2021Sell3,922$131.15$514,370.30289,744View SEC Filing Icon  
2/17/2021Sell5,634$143.16$806,563.44299,234View SEC Filing Icon  
2/9/2021Sell4,666$137.44$641,295.04View SEC Filing Icon  
11/17/2020Sell3,782$114.04$431,299.28316,766View SEC Filing Icon  
8/25/2020Sell3,922$111.23$436,244.06324,406View SEC Filing Icon  
8/7/2020Sell4,204$110.33$463,827.32View SEC Filing Icon  
7/1/2020Sell150,000$97.00$14,550,000.00406,567View SEC Filing Icon  
6/19/2020Sell60,000$94.98$5,698,800.00366,567View SEC Filing Icon  
6/16/2020Sell3,782$92.38$349,381.16336,567View SEC Filing Icon  
4/13/2020Sell17,120$70.83$1,212,609.60378,353View SEC Filing Icon  
1/17/2020Sell15,971$72.99$1,165,723.29410,610View SEC Filing Icon  
4/5/2019Sell52,466$63.83$3,348,904.78494,480View SEC Filing Icon  
9/21/2018Sell20,476$45.73$936,367.48335,170View SEC Filing Icon  
5/1/2018Sell39,780$39.81$1,583,641.80348,544View SEC Filing Icon  
3/1/2018Sell40,063$38.54$1,544,028.02403,387View SEC Filing Icon  
1/16/2018Sell44,526$45.01$2,004,115.26377,019View SEC Filing Icon  
3/9/2017Sell20,000$31.19$623,800.00313,381View SEC Filing Icon  
8/11/2016Sell130,000$24.85$3,230,500.00424,707View SEC Filing Icon  
3/20/2015Sell20,000$18.71$374,200.00View SEC Filing Icon  
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Anirudh Devgan Buying and Selling Activity at Cadence Design Systems

This chart shows Anirudh Devgan's buying and selling at Cadence Design Systems by year and by quarter.

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Cadence Design Systems Company Overview

Cadence Design Systems logo
Cadence Design Systems, Inc. engages in the design and development of integrated circuits and electronic devices. Its products include electronic design automation, software, emulation hardware, and intellectual property, commonly referred to as verification IP, and design IP. It operates through the following geographical segments: United States, Other Americas, China, Other Asia, Europe, Middle East and Africa and Japan. The company was founded by Alberto Sangiovanni-Vincentelli, Gudmundur A. Hjartarson, K. Bobby Chao, and K. Charles Janac in June 1988 and is headquartered in San Jose, CA.
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Today's Range

Now: $208.65
Low: $207.44
High: $209.19

50 Day Range

MA: $194.45
Low: $178.26
High: $207.88

2 Week Range

Now: $208.65
Low: $132.32
High: $209.50


482,233 shs

Average Volume

1,723,939 shs

Market Capitalization

$56.95 billion

P/E Ratio


Dividend Yield