Fieldview Capital Management LLC Has $2.25 Million Stake in Cadence Design Systems, Inc. $CDNS

Fieldview Capital Management LLC grew its holdings in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) by 116.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,181 shares of the software maker’s stock after acquiring an additional 3,862 shares during the quarter. Fieldview Capital Management LLC’s holdings in Cadence Design Systems were worth $2,245,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Sun Financial Inc acquired a new position in Cadence Design Systems during the fourth quarter worth about $1,225,000. MUFG Securities EMEA plc grew its holdings in shares of Cadence Design Systems by 113.9% during the fourth quarter. MUFG Securities EMEA plc now owns 11,159 shares of the software maker’s stock worth $3,488,000 after purchasing an additional 5,943 shares during the last quarter. DDD Partners LLC grew its holdings 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 worth $13,118,000 after purchasing an additional 9,024 shares during the last quarter. Leonteq Securities AG bought a new stake in shares of Cadence Design Systems during the fourth quarter worth about $1,105,000. Finally, Allianz SE bought a new stake in shares of Cadence Design Systems during the third quarter worth about $1,265,000. Institutional investors and hedge funds own 84.85% of the company’s stock.

Insiders Place Their Bets

In related news, VP Paul Cunningham sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $337.49, for a total value of $337,490.00. Following the sale, the vice president directly owned 127,586 shares in the company, valued at $43,058,999.14. This represents a 0.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Paul Scannell sold 7,081 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $393.91, for a total value of $2,789,276.71. Following the completion of the sale, the vice president owned 32,181 shares in the company, valued at $12,676,417.71. The trade was a 18.04% decrease in their ownership of the stock. 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 a total of 176,226 shares of company stock valued at $65,900,542 over the last three months. Insiders own 0.49% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on CDNS shares. Piper Sandler boosted their price target on Cadence Design Systems from $319.00 to $325.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Wells Fargo & Company boosted their price target on Cadence Design Systems from $400.00 to $425.00 and gave the stock an “overweight” rating in a report on Tuesday, May 26th. Robert W. Baird boosted their price target on Cadence Design Systems from $381.00 to $385.00 and gave the stock an “outperform” rating in a report on Tuesday, April 28th. Berenberg Bank set a $440.00 price target on Cadence Design Systems in a report on Wednesday, May 27th. Finally, Rosenblatt Securities restated a “buy” rating and set a $360.00 price target on shares of Cadence Design Systems in a report on Friday, April 24th. Fourteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $386.59.

Cadence Design Systems Stock Performance

Shares of CDNS stock opened at $384.96 on Friday. The business’s 50 day simple moving average is $344.32 and its 200 day simple moving average is $318.73. Cadence Design Systems, Inc. has a one year low of $262.75 and a one year high of $416.69. The stock has a market capitalization of $106.18 billion, a PE ratio of 89.73, a PEG ratio of 4.56 and a beta of 1.15. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.47 and a quick ratio of 1.32.

Cadence Design Systems (NASDAQ:CDNS) last announced its earnings results on Monday, April 27th. The software maker reported $1.96 EPS for the quarter, beating 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 business had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.46 billion. During the same period in the prior year, the business posted $1.57 earnings per share. The firm’s revenue was up 18.6% on a year-over-year basis. 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, research analysts forecast that Cadence Design Systems, Inc. will post 6.23 earnings per share for the current 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.