Fiera Capital Corp Has $24.54 Million Holdings in Cadence Design Systems, Inc. $CDNS

Fiera Capital Corp boosted its position in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) by 56.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69,866 shares of the software maker’s stock after acquiring an additional 25,347 shares during the period. Fiera Capital Corp’s holdings in Cadence Design Systems were worth $24,541,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of CDNS. Brighton Jones LLC lifted its position in shares of Cadence Design Systems by 80.2% during the 4th quarter. Brighton Jones LLC now owns 1,519 shares of the software maker’s stock worth $456,000 after purchasing an additional 676 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in Cadence Design Systems by 3.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 2,203 shares of the software maker’s stock worth $560,000 after buying an additional 80 shares during the period. Harbour Investments Inc. lifted its holdings in shares of Cadence Design Systems by 17.8% during the second quarter. Harbour Investments Inc. now owns 358 shares of the software maker’s stock worth $110,000 after buying an additional 54 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in shares of Cadence Design Systems by 3.5% during the second quarter. D.A. Davidson & CO. now owns 3,258 shares of the software maker’s stock worth $1,004,000 after buying an additional 111 shares during the last quarter. Finally, Bleakley Financial Group LLC boosted its position in shares of Cadence Design Systems by 1.1% in the second quarter. Bleakley Financial Group LLC now owns 13,499 shares of the software maker’s stock valued at $4,160,000 after acquiring an additional 146 shares during the period. 84.85% of the stock is currently owned by institutional investors.

Insider Transactions at Cadence Design Systems

In other Cadence Design Systems news, VP Paul Scannell sold 5,490 shares of the business’s stock in a transaction on 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 transaction, the vice president owned 20,321 shares of the company’s stock, valued at approximately $6,897,557.03. The trade was a 21.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Paul Cunningham sold 1,000 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $295.09, for a total value of $295,090.00. Following the completion of the sale, the vice president owned 95,137 shares of the company’s stock, valued at approximately $28,073,977.33. This trade represents a 1.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 56,475 shares of company stock worth $18,505,486. 1.99% of the stock is owned by company insiders.

Key Headlines Impacting Cadence Design Systems

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

• Positive Sentiment: Q4 beats, strong guidance and record backlog — Cadence topped Q4 revenue and EPS estimates, reported a record $7.8B backlog and gave upbeat 2026 guidance tied to AI-driven chip-design demand, supporting the post‑earnings rally. Cadence Tops Q4 Earnings on Upbeat AI Trends, Posts Solid Backlog
• Positive Sentiment: Market commentary highlights AI products (ChipStack, Cerebrus) that management says can materially boost chip-design productivity — a structural tailwind that investors are rewarding after the print.
• Positive Sentiment: Brokerage support — Bank of America reaffirmed a Buy with a $400 target (bullish price objective) and Rosenblatt/Needham issued Buy ratings, providing institutional endorsement of the AI story. Bank of America Securities Remains Bullish on Cadence Design Systems Rosenblatt Raised to Buy Needham Buy Rating
• Neutral Sentiment: ChipStack AI launch draws attention but raises valuation/implementation watchpoints — product launch is positive for long‑term thesis, though some coverage flags valuation risk. Cadence ChipStack AI Super Agent Launch Meets High Valuation Watchpoints
• Neutral Sentiment: International revenue exposure and technicals matter — analysts note international trends and the stock is testing its 50‑day moving average after the earnings move, important for near‑term momentum. Don’t Overlook Cadence (CDNS) International Revenue Trends Cadence Stock Is Challenging Its 50-Day Moving Average
• Neutral Sentiment: Short-interest entries in the feed show anomalous/zero values (likely a data glitch) — no clear short‑squeeze signal from the reported figures.
• Negative Sentiment: Some firms trimmed expectations — Morgan Stanley and Piper Sandler lowered forecasts/price expectations, which can cap upside if follow‑through downgrades occur. Piper Sandler Lowers Expectations Morgan Stanley Lowers Expectations
• Negative Sentiment: Unusual options activity — large volume of put purchases was reported, which can signal some trader hedging or bearish positioning ahead of further volatility. Stock Traders Buy Large Volume of Cadence Put Options

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Rosenblatt Securities raised shares of Cadence Design Systems from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $335.00 to $360.00 in a research report on Wednesday. JPMorgan Chase & Co. boosted their price objective on shares of Cadence Design Systems from $390.00 to $405.00 and gave the stock an “overweight” rating in a report on Tuesday, October 28th. Robert W. Baird upped their price objective on shares of Cadence Design Systems from $390.00 to $418.00 and gave the company an “outperform” rating in a research report on Tuesday, October 28th. Morgan Stanley reduced their target price on shares of Cadence Design Systems from $385.00 to $370.00 and set an “overweight” rating for the company in a research note on Wednesday. Finally, Citigroup started coverage on Cadence Design Systems in a research note on Monday, November 24th. They set a “buy” rating and a $385.00 price target on the stock. Fifteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $376.50.

Cadence Design Systems Trading Down 0.1%

Shares of Cadence Design Systems stock opened at $296.28 on Friday. Cadence Design Systems, Inc. has a 12-month low of $221.56 and a 12-month high of $376.45. The stock has a market capitalization of $80.65 billion, a P/E ratio of 72.98, a price-to-earnings-growth ratio of 3.37 and a beta of 1.01. The company has a 50-day simple moving average of $307.90 and a 200 day simple moving average of $328.02. The company has a quick ratio of 2.84, a current ratio of 2.86 and a debt-to-equity ratio of 0.45.

Cadence Design Systems (NASDAQ:CDNS) last issued its quarterly earnings data on Tuesday, February 17th. The software maker reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.08. Cadence Design Systems had a net margin of 20.93% and a return on equity of 29.34%. The firm had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same period in the prior year, the firm earned $1.88 earnings per share. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. 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. Research analysts expect that Cadence Design Systems, Inc. will post 5.41 earnings per share for the current fiscal year.

Cadence Design Systems Company 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.