Cadence Design Systems, Inc. $CDNS Shares Sold by Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna

Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna cut its position in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) by 21.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,100 shares of the software maker’s stock after selling 1,400 shares during the quarter. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna’s holdings in Cadence Design Systems were worth $1,594,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CDNS. Norges Bank acquired a new position in Cadence Design Systems during the fourth quarter worth $1,352,922,000. Assenagon Asset Management S.A. raised its holdings in Cadence Design Systems by 120.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,124,417 shares of the software maker’s stock worth $351,470,000 after purchasing an additional 615,440 shares during the last quarter. Scge Management L.P. acquired a new position in Cadence Design Systems during the second quarter worth $187,663,000. Invesco Ltd. raised its holdings in Cadence Design Systems by 20.4% during the third quarter. Invesco Ltd. now owns 2,942,746 shares of the software maker’s stock worth $1,033,669,000 after purchasing an additional 499,009 shares during the last quarter. Finally, Close Asset Management Ltd raised its holdings in Cadence Design Systems by 577.5% during the third quarter. Close Asset Management Ltd now owns 566,679 shares of the software maker’s stock worth $199,088,000 after purchasing an additional 483,039 shares during the last quarter. 84.85% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CDNS. Citigroup lifted their price objective on Cadence Design Systems from $385.00 to $400.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Wells Fargo & Company lifted their price objective on Cadence Design Systems from $400.00 to $425.00 and gave the stock an “overweight” rating in a report on Tuesday, May 26th. Berenberg Bank set a $440.00 price objective on Cadence Design Systems in a report on Wednesday, May 27th. Rosenblatt Securities reaffirmed a “buy” rating and set a $360.00 price objective on shares of Cadence Design Systems in a report on Friday, April 24th. Finally, Stifel Nicolaus set a $395.00 price target on Cadence Design Systems in a research report on Wednesday, February 18th. Fourteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $384.41.

Cadence Design Systems Stock Performance

Cadence Design Systems stock opened at $376.19 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.32 and a current ratio of 1.47. The stock has a fifty day moving average of $333.17 and a two-hundred day moving average of $315.83. The company has a market capitalization of $103.76 billion, a price-to-earnings ratio of 87.69, a PEG ratio of 4.45 and a beta of 1.15. Cadence Design Systems, Inc. has a fifty-two week low of $262.75 and a fifty-two week high of $416.69.

Cadence Design Systems (NASDAQ:CDNS) last released its quarterly earnings results on Monday, April 27th. The software maker reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.05. The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.46 billion. Cadence Design Systems had a return on equity of 28.44% and a net margin of 21.18%.Cadence Design Systems’s revenue was up 18.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.57 earnings per share. Cadence Design Systems has set its FY 2026 guidance at 7.850-7.950 EPS and its Q2 2026 guidance at 2.020-2.080 EPS. On average, analysts anticipate that Cadence Design Systems, Inc. will post 6.23 EPS for the current fiscal year.

Insider Buying and Selling

In other news, VP Paul Scannell sold 10,500 shares of Cadence Design Systems stock in a transaction on Friday, May 1st. The stock was sold at an average price of $339.00, for a total value of $3,559,500.00. Following the completion of the sale, the vice president owned 33,946 shares of the company’s stock, valued at $11,507,694. The trade was a 23.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John M. Wall sold 21,500 shares of Cadence Design Systems stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $309.45, for a total value of $6,653,175.00. Following the completion of the sale, the chief financial officer directly owned 86,875 shares of the company’s stock, valued at approximately $26,883,468.75. This represents a 19.84% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 176,046 shares of company stock worth $65,830,801. 0.49% of the stock is currently owned by corporate insiders.

Cadence Design Systems News Roundup

Here are the key news stories impacting Cadence Design Systems this week:

• Positive Sentiment: Cadence is still being viewed favorably by analysts, with reports highlighting its strong position in EDA software, AI-driven workflows, and expanding system design offerings. One recent bullish note called it a long-term winner in the AI and semiconductor “arms race,” citing 19% Q1 revenue growth, a record $8 billion backlog, and a $470 price target. Article: Cadence: The Silicon Arms Race Is Just Getting Started
• Positive Sentiment: Cadence signed a licensing deal with Aeva to use Tensilica Vision DSP technology in next-generation 4D LiDAR systems, extending CDNS’s reach into AI sensing hardware and adding another growth angle beyond core chip-design software. Article: Cadence Aeva LiDAR Deal Extends AI Sensing Role For Investors
• Neutral Sentiment: Cadence remains a heavily watched stock among investors, which may be drawing attention ahead of any future catalysts, but the “trending” coverage itself does not change fundamentals. Article: Is Trending Stock Cadence Design Systems, Inc. (CDNS) a Buy Now?
• Neutral Sentiment: The company’s recent conference appearance kept Cadence in front of investors, but it did not include a major new financial update, so the impact on the stock is likely limited. Article: Cadence Design Systems, Inc. Presents at Bank of America 2026 Global Technology Conference Transcript
• Negative Sentiment: Recent insider selling by CEO Anirudh Devgan and VP Paul Scannell may be weighing on sentiment, even though the trades were made under pre-arranged 10b5-1 plans. Article: Insider trade details for Anirudh Devgan
• Negative Sentiment: Unusual put-option trading and headlines noting CDNS underperformed the broader market suggest some investors are positioning for more downside or taking profits after the stock’s strong move higher. Article: Here’s Why Cadence Design Systems (CDNS) Fell More Than Broader Market

Cadence Design Systems Profile

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.