KCM Investment Advisors LLC Boosts Holdings in Cadence Design Systems, Inc. $CDNS

KCM Investment Advisors LLC raised its position in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) by 105.8% during the third quarter, HoldingsChannel reports. The fund owned 9,429 shares of the software maker’s stock after acquiring an additional 4,847 shares during the quarter. KCM Investment Advisors LLC’s holdings in Cadence Design Systems were worth $3,312,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in CDNS. Tiemann Investment Advisors LLC lifted its stake in Cadence Design Systems by 2.9% in the second quarter. Tiemann Investment Advisors LLC now owns 1,050 shares of the software maker’s stock worth $324,000 after purchasing an additional 30 shares during the last quarter. Occidental Asset Management LLC boosted its stake in shares of Cadence Design Systems by 2.3% during the third quarter. Occidental Asset Management LLC now owns 1,321 shares of the software maker’s stock valued at $464,000 after purchasing an additional 30 shares during the period. Whittier Trust Co. grew its holdings in shares of Cadence Design Systems by 0.4% in the third quarter. Whittier Trust Co. now owns 7,072 shares of the software maker’s stock worth $2,456,000 after purchasing an additional 30 shares during the last quarter. Cornerstone Wealth Group LLC increased its stake in Cadence Design Systems by 4.3% in the 3rd quarter. Cornerstone Wealth Group LLC now owns 777 shares of the software maker’s stock worth $273,000 after buying an additional 32 shares during the period. Finally, KRS Capital Management LLC lifted its holdings in Cadence Design Systems by 1.4% during the 3rd quarter. KRS Capital Management LLC now owns 2,425 shares of the software maker’s stock valued at $852,000 after buying an additional 33 shares in the last quarter. 84.85% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on CDNS shares. Piper Sandler reduced their target price on shares of Cadence Design Systems from $355.00 to $319.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Rosenblatt Securities reaffirmed a “buy” rating and set a $360.00 target price on shares of Cadence Design Systems in a research report on Thursday, February 26th. Needham & Company LLC restated a “buy” rating and set a $390.00 price target on shares of Cadence Design Systems in a research note on Wednesday, February 18th. Wells Fargo & Company decreased their price objective on Cadence Design Systems from $410.00 to $375.00 and set an “overweight” rating for the company in a report on Wednesday, February 18th. Finally, Oppenheimer upgraded shares of Cadence Design Systems from an “underperform” rating to a “market perform” rating and set a $275.00 target price on the stock in a report on Monday, December 1st. Fifteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $376.50.

Cadence Design Systems Stock Performance

CDNS stock opened at $305.43 on Thursday. Cadence Design Systems, Inc. has a one year low of $221.56 and a one year high of $376.45. The firm has a market cap of $83.28 billion, a price-to-earnings ratio of 75.23, a PEG ratio of 3.59 and a beta of 1.00. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.67 and a current ratio of 2.86. The firm has a 50-day simple moving average of $304.86 and a two-hundred day simple moving average of $324.74.

Cadence Design Systems (NASDAQ:CDNS) last posted its quarterly earnings data 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 firm had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.42 billion. Cadence Design Systems had a net margin of 20.93% and a return on equity of 29.34%. Cadence Design Systems’s revenue was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.88 EPS. 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, equities analysts forecast that Cadence Design Systems, Inc. will post 5.41 EPS for the current fiscal year.

Key Headlines Impacting Cadence Design Systems

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

• Positive Sentiment: Q4 revenue and EPS beat analysts’ estimates and management issued Q1 and FY2026 guidance, underpinning the upbeat investor response; Stifel reaffirmed its Buy rating and $395 price target, supporting upside expectations. Cadence Design Systems, Inc. (CDNS) Beats Q4 Revenue and EPS Expectations, Stifel Reaffirms Buy
• Positive Sentiment: A company director disclosed a purchase of 54 shares at an average cost of $256.95 (increasing her stake), a small but constructive signal of insider confidence versus the prior sale activity. Director purchase SEC filing
• Neutral Sentiment: Cadence presented at the Morgan Stanley Technology, Media & Telecom conference — investor presentations can help clarify strategy and growth drivers but their impact depends on new takeaways delivered in the talk. Conference transcript
• Neutral Sentiment: Market commentary pieces note Cadence outperformed the broader market in the latest session; these items reflect price movement rather than new fundamental drivers. Zacks market note
• Negative Sentiment: Insider selling: a Cadence VP sold 1,000 shares (~$298k) and small director sales were also disclosed — these are notable sell transactions that could be read as liquidity-taking by insiders. VP sale SEC filing
• Neutral Sentiment: Short-interest data in the recent reports appears inconsistent (showing zero/NaN), so there’s no clear signal from shorting activity at this time. Market data summary

Insider Activity at Cadence Design Systems

In other Cadence Design Systems news, VP Paul Scannell sold 5,490 shares of the stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $339.43, for a total value of $1,863,470.70. Following the completion of the sale, the vice president directly owned 20,321 shares in the company, valued at approximately $6,897,557.03. This trade represents a 21.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO John M. Wall sold 27,805 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The stock was 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 approximately $22,286,201.49. This represents a 28.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 56,480 shares of company stock worth $18,492,189 over the last ninety days. Corporate insiders own 1.99% of the company’s stock.

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.