MASTERINVEST Kapitalanlage GmbH Lowers Stock Holdings in Cadence Design Systems, Inc. $CDNS

MASTERINVEST Kapitalanlage GmbH cut its holdings in Cadence Design Systems, Inc. (NASDAQ:CDNS) by 39.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 5,012 shares of the software maker’s stock after selling 3,281 shares during the period. MASTERINVEST Kapitalanlage GmbH’s holdings in Cadence Design Systems were worth $1,393,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in shares of 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 purchasing an additional 307,753 shares during the last quarter. State Street Corp increased its stake in Cadence Design Systems by 1.1% in the fourth quarter. State Street Corp now owns 12,603,368 shares of the software maker’s stock valued at $3,939,561,000 after purchasing an additional 135,206 shares during the last quarter. Geode Capital Management LLC increased its stake in Cadence Design Systems by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 7,627,272 shares of the software maker’s stock valued at $2,378,707,000 after purchasing an additional 92,152 shares during the last quarter. Norges Bank acquired a new position in Cadence Design Systems in the fourth quarter valued at $1,352,922,000. Finally, Van ECK Associates Corp lifted its position in Cadence Design Systems by 11.9% during the fourth quarter. Van ECK Associates Corp now owns 3,534,180 shares of the software maker’s stock worth $1,104,714,000 after buying an additional 376,654 shares during the period. Hedge funds and other institutional investors own 84.85% of the company’s stock.

Cadence Design Systems Stock Down 1.4%

Shares of NASDAQ:CDNS opened at $371.50 on Thursday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.32 and a current ratio of 1.47. Cadence Design Systems, Inc. has a 1 year low of $262.75 and a 1 year high of $416.69. The stock has a market capitalization of $102.47 billion, a P/E ratio of 86.60, a PEG ratio of 4.46 and a beta of 1.15. The stock has a 50-day simple moving average of $376.59 and a 200-day simple moving average of $328.24.

Cadence Design Systems (NASDAQ:CDNS) last posted its quarterly 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. The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.46 billion. Cadence Design Systems had a net margin of 21.18% and a return on equity of 28.44%. Cadence Design Systems’s revenue for the quarter was up 18.6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.57 earnings per share. 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. Equities analysts forecast that Cadence Design Systems, Inc. will post 6.23 earnings per share for the current year.

Insider Buying and Selling

In other news, VP Paul Cunningham sold 2,000 shares of the firm’s stock in a transaction 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 approximately $49,495,126. This trade represents a 1.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ita M. Brennan sold 180 shares of Cadence Design Systems stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $387.45, for a total transaction of $69,741.00. Following the transaction, the director owned 8,004 shares in the company, valued at $3,101,149.80. The trade was a 2.20% 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. Over the last ninety days, insiders have sold 157,057 shares of company stock valued at $60,272,277. 0.49% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

CDNS has been the topic of a number of research analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $400.00 price target on shares of Cadence Design Systems in a research note on Tuesday, April 28th. Citigroup upped their price objective on shares of Cadence Design Systems from $385.00 to $400.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Berenberg Bank set a $440.00 price objective on shares of Cadence Design Systems in a report on Wednesday, May 27th. Stifel Nicolaus raised 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 report on Tuesday, June 9th. Finally, Piper Sandler boosted their target price on shares of Cadence Design Systems from $319.00 to $325.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. Fourteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $393.65.

More Cadence Design Systems News

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

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.