Key Points
- Cadence VP Paul Cunningham sold 1,000 shares on March 2 at an average price of $297.78 (~$297,780), trimming his stake by 1.05% while still owning 94,137 shares valued at about $28.03M.
- Cadence beat Q4 expectations with EPS of $1.99 vs. $1.91 and revenue of $1.44B vs. $1.42B, provided Q1 and FY2026 EPS guidance, and its stock traded up roughly 1.6% to $310.29 after the results.
- Large institutional inflows (notably Norges Bank, J. Stern, Wellington) have increased ownership and analysts maintain a Moderate Buy consensus with an average target near $376.50; institutions hold about 84.85% of the stock.
Cadence Design Systems, Inc. (NASDAQ:CDNS - Get Free Report) VP Paul Cunningham sold 1,000 shares of the firm's stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $297.78, for a total value of $297,780.00. Following the completion of the transaction, the vice president owned 94,137 shares in the company, valued at $28,032,115.86. This represents a 1.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Paul Cunningham also recently made the following trade(s):
- On Monday, February 2nd, Paul Cunningham sold 1,000 shares of Cadence Design Systems stock. The shares were sold at an average price of $295.09, for a total value of $295,090.00.
- On Friday, January 2nd, Paul Cunningham sold 1,000 shares of Cadence Design Systems stock. The stock was sold at an average price of $315.70, for a total value of $315,700.00.
Cadence Design Systems Trading Up 1.6%
Shares of Cadence Design Systems stock traded up $4.86 during trading on Thursday, hitting $310.29. 614,005 shares of the company were exchanged, compared to its average volume of 2,607,595. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.86 and a quick ratio of 2.67. The firm has a market capitalization of $84.60 billion, a P/E ratio of 76.43, a price-to-earnings-growth ratio of 3.59 and a beta of 1.00. The firm's fifty day moving average price is $304.86 and its 200 day moving average price is $324.74. Cadence Design Systems, Inc. has a 1-year low of $221.56 and a 1-year high of $376.45.
Cadence Design Systems (NASDAQ:CDNS - Get Free Report) last announced its quarterly earnings results on Tuesday, February 17th. The software maker reported $1.99 earnings per share for the quarter, beating analysts' consensus estimates of $1.91 by $0.08. The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.42 billion. Cadence Design Systems had a net margin of 20.93% and a return on equity of 29.34%. Cadence Design Systems's revenue for the quarter was up 6.2% on a year-over-year basis. During the same period last year, the company posted $1.88 EPS. 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. As a group, sell-side analysts expect that Cadence Design Systems, Inc. will post 5.41 earnings per share for the current fiscal year.
Trending Headlines about Cadence Design Systems
Here are the key news stories impacting Cadence Design Systems this week:
- Positive Sentiment: Q4 revenue and EPS topped estimates; Stifel reaffirmed Buy and a $395 price target — a clear catalyst supporting the rally. Cadence Design Systems, Inc. (CDNS) Beats Q4 Revenue and EPS Expectations, Stifel Reaffirms Buy
- Positive Sentiment: Director Moshe Gavrielov disclosed a small open‑market purchase (54 shares at ~$256.95), which investors often view as a modest signal of insider confidence. SEC filing — Moshe Gavrielov purchase
- Neutral Sentiment: Management presented at the Morgan Stanley TMT conference (transcript available); these presentations can reinforce guidance and product cadence but rarely move the stock unless new material detail is revealed. Cadence Design Systems Presents at Morgan Stanley TMT Conference — Transcript
- Neutral Sentiment: Market writeups note CDNS “outperformed the broader market” intraday (modest ~1–2% move reported); this reflects positive reaction to earnings/analyst commentary rather than a structural change. Cadence Design Systems Outperforms Broader Market — Zacks
- Neutral Sentiment: Reported short‑interest data shows “0” shares (days‑to‑cover 0.0), which appears to be a data/reporting error and should not be treated as a market signal. (No external link available for a meaningful update.)
- Negative Sentiment: Insider selling: VP Paul Cunningham sold 1,000 shares (~$298 average) recently — a notable sale in dollar terms even though he still holds a large position; such sales can temper sentiment if perceived as executives taking chips off the table. SEC filing — Paul Cunningham sale
- Negative Sentiment: Additional small director sales were disclosed (Dec/Jan filings). They’re minor in scale but add to the insider‑activity picture investors monitor. SEC filing — Moshe Gavrielov sales
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the company. Norges Bank acquired a new position in Cadence Design Systems during the 4th quarter worth approximately $1,352,922,000. J. Stern & Co. LLP lifted its position in shares of Cadence Design Systems by 10,159.3% in the fourth quarter. J. Stern & Co. LLP now owns 2,953,256 shares of the software maker's stock worth $923,129,000 after purchasing an additional 2,924,470 shares in the last quarter. Wellington Management Group LLP boosted its holdings in Cadence Design Systems by 218.6% during the fourth quarter. Wellington Management Group LLP now owns 2,553,225 shares of the software maker's stock worth $798,087,000 after purchasing an additional 1,751,927 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in Cadence Design Systems by 16.0% in the third quarter. Massachusetts Financial Services Co. MA now owns 5,314,407 shares of the software maker's stock valued at $1,866,739,000 after purchasing an additional 731,788 shares in the last quarter. Finally, Voya Investment Management LLC increased its stake in Cadence Design Systems by 914.2% in the 3rd quarter. Voya Investment Management LLC now owns 691,071 shares of the software maker's stock valued at $242,746,000 after buying an additional 622,934 shares during the last quarter. 84.85% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of research firms recently commented on CDNS. Citigroup started coverage on shares of Cadence Design Systems in a research report on Monday, November 24th. They issued a "buy" rating and a $385.00 price objective for the company. Morgan Stanley lowered their price target on Cadence Design Systems from $385.00 to $370.00 and set an "overweight" rating for the company in a report on Wednesday, February 18th. Needham & Company LLC reaffirmed a "buy" rating and set a $390.00 price target on shares of Cadence Design Systems in a research report on Wednesday, February 18th. Wells Fargo & Company decreased their price objective on Cadence Design Systems from $410.00 to $375.00 and set an "overweight" rating for the company in a research report on Wednesday, February 18th. Finally, Stifel Nicolaus set a $395.00 target price on Cadence Design Systems in a research note on Wednesday, February 18th. Fifteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $376.50.
Get Our Latest Report on CDNS
Cadence Design Systems Company Profile
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
