Cadence Design Systems, Inc. $CDNS Shares Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) by 0.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 706,361 shares of the software maker’s stock after purchasing an additional 4,215 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.26% of Cadence Design Systems worth $248,116,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in CDNS. AlphaCore Capital LLC boosted its holdings in Cadence Design Systems by 93.3% in the third quarter. AlphaCore Capital LLC now owns 1,581 shares of the software maker’s stock worth $555,000 after acquiring an additional 763 shares in the last quarter. Sumitomo Life Insurance Co. raised its position in shares of Cadence Design Systems by 44.4% in the 3rd quarter. Sumitomo Life Insurance Co. now owns 19,200 shares of the software maker’s stock valued at $6,744,000 after purchasing an additional 5,900 shares during the last quarter. Intech Investment Management LLC boosted its stake in Cadence Design Systems by 17.1% in the 3rd quarter. Intech Investment Management LLC now owns 10,400 shares of the software maker’s stock worth $3,653,000 after purchasing an additional 1,515 shares in the last quarter. US Bancorp DE boosted its stake in Cadence Design Systems by 1.3% in the 3rd quarter. US Bancorp DE now owns 35,339 shares of the software maker’s stock worth $12,413,000 after purchasing an additional 445 shares in the last quarter. Finally, Catalyst Financial Partners LLC grew its position in Cadence Design Systems by 3.4% during the 3rd quarter. Catalyst Financial Partners LLC now owns 1,354 shares of the software maker’s stock worth $476,000 after purchasing an additional 45 shares during the last quarter. Institutional investors and hedge funds own 84.85% of the company’s stock.

More Cadence Design Systems News

Here are the key news stories impacting Cadence Design Systems this week:

• Positive Sentiment: Q4 beat and management commentary point to durable AI-driven demand — Cadence topped revenue and EPS estimates for Q4 and management highlighted accelerating adoption of AI-powered EDA tools and stronger IP demand, which supports near-term revenue visibility. 5 Revealing Analyst Questions From Cadence Design Systems’s Q4 Earnings Call
• Positive Sentiment: Analyst support and price-target lift — Bank of America (covered in TipRanks) reiterated a Buy and a $375 target, giving investors a higher reference price and reinforcing buy-side conviction. Cadence Design Systems: Strategic Hexagon Acquisition and Discounted Valuation Support Buy Rating and $375 Target
• Positive Sentiment: Broader semiconductor strength (NVIDIA beat) supports EDA demand — NVIDIA’s blowout results and surging data-center spend are a positive signal for chip design activity, which typically increases demand for Cadence’s software and IP. NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2026
• Neutral Sentiment: Investor visibility event — CEO Anirudh Devgan will present at a Morgan Stanley conference, a standard investor-relations event that can help maintain institutional interest but is unlikely to move fundamentals immediately. Cadence’s Anirudh Devgan to Present at Morgan Stanley Conference
• Neutral Sentiment: Media and retail attention — Jim Cramer mentions and heavy search interest (coverage on Yahoo/Zacks) can amplify short-term retail flows but don’t change company fundamentals. Jim Cramer Discusses Cadence Design Systems (CDNS)
• Neutral Sentiment: Odd short-interest data — a recent short-interest report contained anomalous/zero values, so it doesn’t provide a reliable signal about bearish positioning right now.
• Negative Sentiment: Valuation and cautionary takes — some articles highlight one skeptical point (and general valuation risk) despite strong cash flow; investors worried about a high P/E and where growth will come from may be cautious. 2 Reasons to Like CDNS and 1 to Stay Skeptical
• Negative Sentiment: Cash-generation caution — a broader piece on cash-producing stocks warns that strong cash balances aren’t enough if capital allocation or reinvestment falters; that is a risk some investors are watching for Cadence. 2 Cash-Producing Stocks Worth Your Attention and 1 We Find Risky

Insider Transactions at Cadence Design Systems

In other news, VP Paul Cunningham sold 1,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $295.09, for a total transaction of $295,090.00. Following the transaction, the vice president owned 95,137 shares in the company, valued at $28,073,977.33. This trade represents a 1.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Anirudh Devgan sold 20,000 shares of Cadence Design Systems stock in a transaction on Friday, December 5th. The shares were sold at an average price of $340.00, for a total transaction of $6,800,000.00. Following the completion of the sale, the chief executive officer directly owned 195,844 shares in the company, valued at $66,586,960. This represents a 9.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 56,475 shares of company stock worth $18,505,486 over the last quarter. Company insiders own 1.99% of the company’s stock.

Analyst Ratings Changes

CDNS has been the subject of several research reports. Citigroup initiated coverage on shares of Cadence Design Systems in a research note on Monday, November 24th. They set a “buy” rating and a $385.00 price objective for the company. Needham & Company LLC reissued a “buy” rating and issued a $390.00 price objective on shares of Cadence Design Systems in a report on Wednesday, February 18th. Morgan Stanley decreased their target price 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. Piper Sandler dropped their target price 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. Finally, Stifel Nicolaus set a $395.00 price target on shares of Cadence Design Systems in a report on Wednesday, February 18th. Fifteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Cadence Design Systems presently has an average rating of “Moderate Buy” and an average target price of $376.50.

Cadence Design Systems Price Performance

NASDAQ:CDNS opened at $301.84 on Thursday. 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 company has a 50 day moving average price of $306.33 and a 200-day moving average price of $326.44. Cadence Design Systems, Inc. has a 1-year low of $221.56 and a 1-year high of $376.45. The firm has a market cap of $82.30 billion, a price-to-earnings ratio of 74.35, a price-to-earnings-growth ratio of 3.57 and a beta of 1.01.

Cadence Design Systems (NASDAQ:CDNS) last released its quarterly earnings results on Tuesday, February 17th. The software maker reported $1.99 EPS for the quarter, beating the consensus estimate of $1.91 by $0.08. The company had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.42 billion. Cadence Design Systems had a net margin of 20.93% and a return on equity of 29.34%. The firm’s revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the business earned $1.88 earnings per share. 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. Equities research analysts forecast that Cadence Design Systems, Inc. will post 5.41 EPS 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.