1,942 Shares in Cadence Design Systems, Inc. $CDNS Purchased by Three Seasons Wealth LLC

Three Seasons Wealth LLC purchased a new stake in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor purchased 1,942 shares of the software maker’s stock, valued at approximately $540,000.

Several other institutional investors have also added to or reduced their stakes in the company. MUFG Securities EMEA plc grew its position in Cadence Design Systems by 113.9% in the 4th quarter. MUFG Securities EMEA plc now owns 11,159 shares of the software maker’s stock valued at $3,488,000 after acquiring an additional 5,943 shares during the last quarter. Sun Financial Inc bought a new stake in shares of Cadence Design Systems during the fourth quarter worth $1,225,000. DDD Partners LLC boosted its stake in shares of Cadence Design Systems by 27.4% during the fourth quarter. DDD Partners LLC now owns 41,968 shares of the software maker’s stock valued at $13,118,000 after purchasing an additional 9,024 shares during the period. Leonteq Securities AG purchased a new stake in shares of Cadence Design Systems during the fourth quarter valued at $1,105,000. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Cadence Design Systems by 1.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 369,717 shares of the software maker’s stock worth $115,566,000 after purchasing an additional 3,562 shares during the last quarter. Institutional investors own 84.85% of the company’s stock.

Key Stories Impacting Cadence Design Systems

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

• Positive Sentiment: Cadence launched AuraStack AI Super Agent, a new agentic AI platform for PCB and advanced packaging design. The tool is intended to speed design workflows from system planning to final product, reinforcing Cadence’s position in AI-enabled electronic design automation. Article Title
• Positive Sentiment: Reports suggest Cadence is expanding its 2nm foundry relationships and raising full-year outlook, which points to strong demand from advanced chip design customers and could support revenue growth. Article Title
• Positive Sentiment: Rosenblatt Securities raised its price target on Cadence to $410 from $375 and reiterated a buy rating, signaling continued analyst confidence in the stock’s upside potential. Article Title
• Neutral Sentiment: Cadence is being highlighted by market commentary as a stock that may deserve a premium valuation because of AI chip demand, but that view is largely valuation-related rather than a direct business catalyst. Article Title
• Neutral Sentiment: Another article says CDNS could be about 3% undervalued ahead of its July 27 earnings report, suggesting investors are waiting for confirmation from results rather than reacting to a major new development. Article Title
• Negative Sentiment: MarketWatch notes that Cadence Design Systems stock is underperforming peers today, which helps explain the weaker trading action despite the company’s positive AI and outlook news. Article Title

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Benchmark assumed coverage on shares of Cadence Design Systems in a research note on Wednesday. They issued a “buy” rating and a $450.00 price target on the stock. Stifel Nicolaus upped their target price on shares of Cadence Design Systems from $395.00 to $432.00 and gave the stock a “buy” rating in a research note on Tuesday, June 9th. Citigroup raised their target price on shares of Cadence Design Systems from $385.00 to $400.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Robert W. Baird lifted their price target on shares of Cadence Design Systems from $381.00 to $385.00 and gave the company an “outperform” rating in a research note on Tuesday, April 28th. Finally, Berenberg Bank set a $440.00 price target on Cadence Design Systems in a report on Wednesday, May 27th. Fourteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Cadence Design Systems currently has an average rating of “Moderate Buy” and a consensus price target of $393.65.

Cadence Design Systems Stock Down 1.4%

Shares of NASDAQ CDNS opened at $371.50 on Thursday. Cadence Design Systems, Inc. has a 12-month low of $262.75 and a 12-month high of $416.69. The stock’s fifty day simple moving average is $376.59 and its two-hundred day simple moving average is $328.24. The stock has a market capitalization of $102.47 billion, a PE ratio of 86.60, a price-to-earnings-growth ratio of 4.46 and a beta of 1.15. The company has a current ratio of 1.47, a quick ratio of 1.32 and a debt-to-equity ratio of 0.38.

Cadence Design Systems (NASDAQ:CDNS) last issued its quarterly earnings data on Monday, April 27th. The software maker reported $1.96 earnings per share for the quarter, topping analysts’ consensus estimates of $1.91 by $0.05. The firm had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.46 billion. Cadence Design Systems had a return on equity of 28.44% and a net margin of 21.18%.The firm’s quarterly revenue was up 18.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.57 EPS. 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. As a group, analysts expect that Cadence Design Systems, Inc. will post 6.23 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, VP Paul Cunningham sold 2,000 shares of Cadence Design Systems stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $391.00, for a total value of $782,000.00. Following the transaction, the vice president owned 126,586 shares of the company’s stock, valued at $49,495,126. The trade was a 1.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Paul Scannell sold 10,500 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $339.00, for a total transaction of $3,559,500.00. Following the transaction, the vice president owned 33,946 shares of the company’s stock, valued at approximately $11,507,694. This trade represents a 23.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 157,057 shares of company stock valued at $60,272,277 in the last three months. 0.49% of the stock is currently owned by insiders.

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.