Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna Lowers Stock Position in Cadence Design Systems, Inc. $CDNS

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

Several other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in Cadence Design Systems by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 27,231,070 shares of the software maker’s stock worth $8,511,888,000 after acquiring an additional 307,753 shares during the last quarter. State Street Corp increased its stake in Cadence Design Systems by 1.2% during 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 during the last quarter. Geode Capital Management LLC increased its stake in Cadence Design Systems by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 7,627,272 shares of the software maker’s stock worth $2,378,707,000 after acquiring an additional 92,152 shares during the last quarter. Norges Bank acquired a new stake in Cadence Design Systems during the fourth quarter worth about $1,352,922,000. Finally, Invesco Ltd. increased its stake 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 acquiring an additional 499,009 shares during the last quarter. 84.85% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Rosenblatt Securities restated a “buy” rating and set a $360.00 price target on shares of Cadence Design Systems in a research note on Friday, April 24th. Wells Fargo & Company upped their price target on Cadence Design Systems from $400.00 to $425.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 26th. Needham & Company LLC restated a “buy” rating and set a $400.00 price target on shares of Cadence Design Systems in a research note on Tuesday, April 28th. Berenberg Bank set a $440.00 price target on Cadence Design Systems in a research note on Wednesday, May 27th. Finally, Citigroup upped their price target on Cadence Design Systems from $385.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Fourteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Cadence Design Systems presently has a consensus rating of “Moderate Buy” and an average price target of $384.41.

Insider Buying and Selling

In other news, VP Paul Cunningham sold 1,000 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $337.49, for a total value of $337,490.00. Following the completion of the sale, the vice president owned 127,586 shares of the company’s stock, valued at $43,058,999.14. This represents a 0.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Anirudh Devgan sold 25,005 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $415.00, for a total value of $10,377,075.00. Following the completion of the transaction, the chief executive officer directly owned 253,519 shares of the company’s stock, valued at $105,210,385. This represents a 8.98% 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. Insiders sold 176,046 shares of company stock worth $65,830,801 over the last three months. 0.49% of the stock is currently owned by corporate insiders.

Cadence Design Systems Price Performance

Shares of NASDAQ CDNS opened at $376.19 on Friday. Cadence Design Systems, Inc. has a 1-year low of $262.75 and a 1-year high of $416.69. The business has a 50-day moving average of $333.17 and a 200-day moving average of $315.83. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.47 and a quick ratio of 1.32. 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 (NASDAQ:CDNS) last issued its 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. Cadence Design Systems had a return on equity of 28.44% and a net margin of 21.18%.The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter in the prior year, the business earned $1.57 earnings per share. The company’s revenue was up 18.6% compared to the same quarter last year. 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, equities analysts anticipate that Cadence Design Systems, Inc. will post 6.23 EPS for the current fiscal year.

Cadence Design Systems News Summary

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.