Temasek Holdings Private Ltd Acquires 17,264 Shares of Cadence Design Systems, Inc. $CDNS

Temasek Holdings Private Ltd boosted its holdings in Cadence Design Systems, Inc. (NASDAQ:CDNS) by 15.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 127,094 shares of the software maker’s stock after acquiring an additional 17,264 shares during the period. Temasek Holdings Private Ltd’s holdings in Cadence Design Systems were worth $44,643,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of CDNS. Y.D. More Investments Ltd acquired a new stake in shares of Cadence Design Systems in the third quarter valued at approximately $26,000. Caitlin John LLC acquired a new stake in Cadence Design Systems during the third quarter worth approximately $29,000. Strategic Wealth Investment Group LLC acquired a new stake in Cadence Design Systems during the second quarter worth approximately $32,000. Promus Capital LLC bought a new position in Cadence Design Systems during the 2nd quarter worth $33,000. Finally, Robbins Farley acquired a new position in Cadence Design Systems in the 3rd quarter valued at $35,000. Institutional investors own 84.85% of the company’s stock.

Insider Transactions at Cadence Design Systems

In other news, VP Paul Cunningham sold 1,000 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $297.78, for a total value of $297,780.00. Following the completion of the sale, the vice president directly owned 94,137 shares in the company, valued at $28,032,115.86. This trade represents a 1.05% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO John M. Wall sold 27,805 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $318.57, for a total value of $8,857,838.85. Following the completion of the sale, the chief financial officer directly owned 69,957 shares of the company’s stock, valued at $22,286,201.49. This trade represents a 28.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 30,810 shares of company stock worth $9,767,972 in the last three months. Insiders own 1.99% of the company’s stock.

Cadence Design Systems Price Performance

CDNS stock opened at $287.03 on Friday. Cadence Design Systems, Inc. has a 12-month low of $221.56 and a 12-month high of $376.45. The company has a quick ratio of 2.67, a current ratio of 2.86 and a debt-to-equity ratio of 0.45. The company’s fifty day simple moving average is $301.94 and its 200 day simple moving average is $322.27. The firm has a market cap of $78.26 billion, a price-to-earnings ratio of 70.70, a PEG ratio of 3.48 and a beta of 1.00.

Cadence Design Systems (NASDAQ:CDNS) last released its earnings results on Tuesday, February 17th. The software maker reported $1.99 EPS for the quarter, topping the consensus estimate of $1.91 by $0.08. The business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.42 billion. Cadence Design Systems had a return on equity of 29.34% and a net margin of 20.93%.The firm’s revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.88 earnings per share. Cadence Design Systems has set its Q1 2026 guidance at 1.890-1.950 EPS and its FY 2026 guidance at 8.050-8.150 EPS. On average, analysts expect that Cadence Design Systems, Inc. will post 5.41 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Citigroup assumed coverage on shares of Cadence Design Systems in a research report on Monday, November 24th. They issued a “buy” rating and a $385.00 target price for the company. Needham & Company LLC reiterated a “buy” rating and issued a $390.00 target price on shares of Cadence Design Systems in a research report on Wednesday, February 18th. Oppenheimer upgraded Cadence Design Systems from an “underperform” rating to a “market perform” rating and set a $275.00 price target on the stock in a report on Monday, December 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cadence Design Systems in a research note on Monday, December 29th. Finally, Stifel Nicolaus set a $395.00 price objective on shares of Cadence Design Systems in a report on Wednesday, February 18th. Fifteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $376.50.

About Cadence Design Systems

Cadence Design Systems, Inc (NASDAQ: CDNS) is a global provider of electronic design automation (EDA) software, hardware and intellectual property used to design and verify advanced semiconductor chips, systems-on-chip (SoCs), printed circuit boards (PCBs) and packaging. Headquartered in San Jose, California and founded in 1988, Cadence serves semiconductor companies, original equipment manufacturers and system designers across the globe, helping customers accelerate design cycles and manage the complexity of modern integrated systems.

The company’s offerings span software tools for digital, custom/analog and mixed-signal design, verification and signoff, as well as solutions for system-level modeling, thermal and signal integrity analysis, and PCB and package design.