Pensionfund Sabic Buys Shares of 5,200 Cadence Design Systems, Inc. $CDNS

Pensionfund Sabic purchased a new position in Cadence Design Systems, Inc. (NASDAQ:CDNS) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 5,200 shares of the software maker’s stock, valued at approximately $1,625,000.

A number of other institutional investors have also recently made changes to their positions in CDNS. Vanguard Group Inc. lifted its holdings in shares of Cadence Design Systems by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 26,923,317 shares of the software maker’s stock worth $9,457,084,000 after acquiring an additional 327,456 shares during the last quarter. State Street Corp grew its position in Cadence Design Systems by 1.2% in the third quarter. State Street Corp now owns 12,468,162 shares of the software maker’s stock worth $4,379,567,000 after acquiring an additional 149,577 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in Cadence Design Systems by 16.0% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,314,407 shares of the software maker’s stock valued at $1,866,739,000 after acquiring an additional 731,788 shares during the last quarter. Norges Bank purchased a new stake in Cadence Design Systems during the second quarter valued at about $1,190,618,000. Finally, Invesco Ltd. raised its position 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 valued at $1,033,669,000 after purchasing an additional 499,009 shares in the last quarter. Institutional investors own 84.85% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on CDNS shares. Rosenblatt Securities reiterated a “buy” rating and issued a $360.00 price objective on shares of Cadence Design Systems in a report on Thursday, February 26th. Wells Fargo & Company decreased their price objective on Cadence Design Systems from $410.00 to $375.00 and set an “overweight” rating on the stock in a report on Wednesday, February 18th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cadence Design Systems in a research note on Monday, December 29th. Morgan Stanley reduced their price target on shares of Cadence Design Systems from $385.00 to $370.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 18th. Finally, Oppenheimer raised shares of Cadence Design Systems from an “underperform” rating to a “market perform” rating and set a $275.00 price target on the stock in a research note on Monday, December 1st. Fifteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $376.50.

Key Cadence Design Systems News

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

• Positive Sentiment: Product/partnership boost — Cadence deepened photonic and AI design integration with a PhotonForge connector for Virtuoso Studio, which could expand Cadence’s addressable market in AI datacenter and photonic chip design. Cadence Deepens AI Photonic Design Ties With New PhotonForge Connector
• Positive Sentiment: Fundamentals/backlog cited by analysts — Recent company commentary and quarters (noted in market writeups) point to strong cash flow and a record backlog entering 2026, supporting longer‑term demand for Cadence tools. Cadence Design Systems (CDNS) slides 3.3% as investors digest recent shelf filing and valuation sensitivity
• Neutral Sentiment: Market moves — Some intraday strength in tech names was tied to macro headlines (broad market rally after political comments), which temporarily lifted related stocks but did not reverse the underlying sentiment pressure on Cadence. Cadence Design Systems, Twilio, nCino, Bandwidth, and C3.ai Stocks Trade Up, What You Need To Know
• Neutral Sentiment: Short-interest reporting appears unreliable — Multiple data entries show zero shares / NaN changes for March short interest (likely a reporting/data anomaly), so don’t read meaningful bearish pressure from those figures today.
• Negative Sentiment: Put buying and options flow — Unusually large put activity was reported (big increase in put volume), indicating hedging or directional bearish bets that can amplify downward pressure on the share price intraday.
• Negative Sentiment: Shelf registration and financing flexibility — Coverage notes Cadence filed an automatic shelf registration (Form S‑3), which can create concern about potential future share or security issuance and increases investor sensitivity to dilution risk. Cadence Design Systems (CDNS) slides 3.3% as investors digest recent shelf filing and valuation sensitivity
• Negative Sentiment: Insider selling highlighted — Reports of substantial insider sales over recent months (documented in coverage) raise caution among some investors about near‑term sentiment even if sales have explanations unrelated to company fundamentals. Cadence Design Systems (CDNS) slides 3.3% as investors digest recent shelf filing and valuation sensitivity
• Negative Sentiment: Valuation and recent pullback — Commentary and analyst notes emphasize valuation sensitivity after a strong multi‑quarter run; some coverage frames Cadence as down significantly over the past six months, creating debate over near‑term upside vs. longer‑term secular AI/EDA tailwinds. Cadence Design Systems (CDNS) Registers a Bigger Fall Than the Market: Important Facts to Note Cadence Down 16% in the Past 6 Months: How to Play the Stock?

Insider Transactions at Cadence Design Systems

In other Cadence Design Systems news, VP Paul Cunningham sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $297.78, for a total transaction of $297,780.00. Following the completion of the transaction, the vice president owned 94,137 shares of the company’s stock, valued at $28,032,115.86. This represents a 1.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Ita M. Brennan sold 180 shares of the stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $295.03, for a total value of $53,105.40. Following the completion of the sale, the director owned 7,470 shares of the company’s stock, valued at approximately $2,203,874.10. This trade represents a 2.35% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 3,185 shares of company stock worth $963,238. 0.37% of the stock is owned by company insiders.

Cadence Design Systems Trading Down 2.8%

Shares of CDNS opened at $284.32 on Wednesday. The stock has a market capitalization of $77.52 billion, a P/E ratio of 70.03, a PEG ratio of 3.52 and a beta of 1.00. Cadence Design Systems, Inc. has a twelve month low of $221.56 and a twelve 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 firm has a fifty day simple moving average of $297.81 and a two-hundred day simple moving average of $318.98.

Cadence Design Systems (NASDAQ:CDNS) last released its quarterly earnings data on Tuesday, February 17th. The software maker reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.91 by $0.08. The firm had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.42 billion. Cadence Design Systems had a net margin of 20.93% and a return on equity of 29.34%. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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, research analysts anticipate that Cadence Design Systems, Inc. will post 5.41 EPS for the current year.

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.