Key Points
- Cadence VP Paul Cunningham sold 1,000 shares on April 1 at an average price of $280.19 for a total of $280,190 under a pre-arranged Rule 10b5-1 plan, leaving him with 128,586 shares (≈$36.03M), a 0.77% reduction in his position.
- The April sale continues a pattern of monthly disposals—he also sold 1,000 shares on March 2 (at $297.78) and 1,000 on February 2 (at $295.09)—consistent with a systematic sell program rather than ad-hoc trades.
- Separately, Cadence recently beat quarterly EPS estimates ($1.99 vs. $1.91), provided FY2026 guidance (8.05–8.15 EPS), and carries a consensus analyst stance of "Moderate Buy" with an average target of about $376.50.
Cadence Design Systems, Inc. (NASDAQ:CDNS - Get Free Report) VP Paul Cunningham sold 1,000 shares of the business's stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $280.19, for a total value of $280,190.00. Following the transaction, the vice president directly owned 128,586 shares in the company, valued at approximately $36,028,511.34. This trade represents a 0.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Paul Cunningham also recently made the following trade(s):
- On Monday, March 2nd, Paul Cunningham sold 1,000 shares of Cadence Design Systems stock. The stock was sold at an average price of $297.78, for a total value of $297,780.00.
- On Monday, February 2nd, Paul Cunningham sold 1,000 shares of Cadence Design Systems stock. The stock was sold at an average price of $295.09, for a total value of $295,090.00.
Cadence Design Systems Price Performance
CDNS opened at $278.72 on Friday. The stock's fifty day simple moving average is $291.71 and its 200 day simple moving average is $315.31. Cadence Design Systems, Inc. has a 1-year low of $221.56 and a 1-year high of $376.45. The stock has a market cap of $76.95 billion, a PE ratio of 68.65, a price-to-earnings-growth ratio of 3.35 and a beta of 1.04. The company has a current ratio of 2.86, a quick ratio of 2.67 and a debt-to-equity ratio of 0.45.
Cadence Design Systems (NASDAQ:CDNS - Get Free Report) last released its quarterly earnings data on Tuesday, February 17th. The software maker reported $1.99 EPS for the quarter, topping analysts' consensus estimates of $1.91 by $0.08. Cadence Design Systems had a net margin of 20.93% and a return on equity of 29.34%. The firm had revenue of $1.44 billion during the quarter, compared to analysts' expectations of $1.42 billion. During the same period in the previous year, the business posted $1.88 earnings per share. The company's revenue for the quarter was up 6.2% compared to the same quarter last year. 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, research analysts expect that Cadence Design Systems, Inc. will post 5.41 earnings per share for the current year.
Analysts Set New Price Targets
CDNS has been the subject of a number of research analyst reports. Morgan Stanley reduced their price objective 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. Rosenblatt Securities reissued a "buy" rating and set a $360.00 price target on shares of Cadence Design Systems in a report on Thursday, February 26th. Needham & Company LLC restated a "buy" rating and issued a $390.00 price target on shares of Cadence Design Systems in a research note on Wednesday, February 18th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Cadence Design Systems in a report on Monday, December 29th. Finally, Piper Sandler lowered their price objective on Cadence Design Systems from $355.00 to $319.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 18th. Fifteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Cadence Design Systems currently has an average rating of "Moderate Buy" and a consensus target price of $376.50.
View Our Latest Research Report on CDNS
Institutional Investors Weigh In On Cadence Design Systems
Several institutional investors have recently made changes to their positions in the stock. Y.D. More Investments Ltd acquired a new position in Cadence Design Systems in the 3rd quarter valued at $26,000. Caitlin John LLC bought a new stake in shares of Cadence Design Systems during the 3rd quarter valued at $29,000. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Cadence Design Systems during the 4th quarter worth $28,000. Imprint Wealth LLC acquired a new stake in shares of Cadence Design Systems during the 3rd quarter worth $31,000. Finally, Swiss RE Ltd. bought a new position in shares of Cadence Design Systems in the fourth quarter worth $29,000. 84.85% of the stock is currently owned by institutional investors.
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.
See Also
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].
