Three Seasons Wealth LLC Purchases Shares of 1,942 Cadence Design Systems, Inc. $CDNS

Three Seasons Wealth LLC acquired a new stake in Cadence Design Systems, Inc. (NASDAQ:CDNS) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,942 shares of the software maker’s stock, valued at approximately $540,000.

A number of other hedge funds have also recently made changes to their positions in CDNS. University of Texas Texas AM Investment Management Co. purchased a new position in Cadence Design Systems in the 4th quarter worth approximately $28,000. Imprint Wealth LLC bought a new position in Cadence Design Systems in the 3rd quarter worth approximately $31,000. Whipplewood Advisors LLC grew its holdings in Cadence Design Systems by 933.3% during the 1st quarter. Whipplewood Advisors LLC now owns 93 shares of the software maker’s stock valued at $26,000 after buying an additional 84 shares in the last quarter. Swiss RE Ltd. purchased a new stake in Cadence Design Systems during the 4th quarter valued at approximately $29,000. Finally, Brown Lisle Cummings Inc. raised its position in shares of Cadence Design Systems by 860.0% during the first quarter. Brown Lisle Cummings Inc. now owns 96 shares of the software maker’s stock valued at $27,000 after buying an additional 86 shares during the last quarter. Institutional investors own 84.85% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Needham & Company LLC reissued a “buy” rating and issued a $400.00 target price on shares of Cadence Design Systems in a report on Tuesday, April 28th. Robert W. Baird boosted their price target on shares of Cadence Design Systems from $381.00 to $385.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Cadence Design Systems in a report on Thursday, July 2nd. KeyCorp raised their price objective on Cadence Design Systems from $405.00 to $425.00 and gave the company an “overweight” rating in a research report on Tuesday, April 28th. Finally, Piper Sandler lifted their target price on Cadence Design Systems from $319.00 to $325.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Fourteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $393.65.

Cadence Design Systems News Roundup

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

Insider Buying and Selling

In other Cadence Design Systems news, CEO Anirudh Devgan sold 51,887 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $370.00, for a total transaction of $19,198,190.00. Following the sale, the chief executive officer directly owned 303,525 shares of the company’s stock, valued at $112,304,250. The trade was a 14.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Paul Cunningham sold 2,000 shares of the company’s 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 sale, the vice president owned 126,586 shares in the company, valued at approximately $49,495,126. This trade represents a 1.56% decrease in their ownership of the stock. 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 have sold a total of 157,057 shares of company stock valued at $60,272,277 in the last quarter. 0.49% of the stock is currently owned by insiders.

Cadence Design Systems Trading Down 1.4%

CDNS stock opened at $371.50 on Thursday. The firm has a fifty day moving average price of $376.59 and a 200 day moving average price of $328.24. Cadence Design Systems, Inc. has a fifty-two week low of $262.75 and a fifty-two week high of $416.69. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.32 and a current ratio of 1.47. The firm has a market cap 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.

Cadence Design Systems (NASDAQ:CDNS) last posted its earnings results 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 for the quarter, compared to the consensus estimate of $1.46 billion. Cadence Design Systems had a net margin of 21.18% and a return on equity of 28.44%. The business’s quarterly revenue was up 18.6% on a year-over-year basis. During the same period in the previous year, the firm 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. Sell-side analysts anticipate that Cadence Design Systems, Inc. will post 6.23 earnings per share for the current fiscal year.

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.