Cadence Design Systems (NASDAQ:CDNS) VP Paul Cunningham Sells 1,000 Shares of Stock

Cadence Design Systems, Inc. (NASDAQ:CDNS) VP Paul Cunningham sold 1,000 shares of the stock in a transaction that occurred 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 directly owned 94,137 shares of the company’s stock, valued at approximately $28,032,115.86. The trade was a 1.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

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 shares were sold at an average price of $315.70, for a total value of $315,700.00.

Cadence Design Systems Price Performance

Cadence Design Systems stock traded up $4.86 during mid-day 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 market capitalization of $84.60 billion, a PE ratio of 76.43, a price-to-earnings-growth ratio of 3.59 and a beta of 1.00. The business has a fifty day moving average of $304.86 and a 200 day moving average of $324.74. Cadence Design Systems, Inc. has a 1-year low of $221.56 and a 1-year high of $376.45. The company has a quick ratio of 2.67, a current ratio of 2.86 and a debt-to-equity ratio of 0.45.

Cadence Design Systems (NASDAQ:CDNS) last posted its earnings results on Tuesday, February 17th. The software maker reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.08. The business 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 quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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 year.

Institutional Investors Weigh In On Cadence Design Systems

Several hedge funds and other institutional investors have recently made changes to their positions in CDNS. Vanguard Group Inc. boosted its holdings in Cadence Design Systems by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 27,231,070 shares of the software maker’s stock valued at $8,511,888,000 after acquiring an additional 307,753 shares during the last quarter. State Street Corp boosted its stake in shares of Cadence Design Systems by 1.1% in the 4th 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 grew its position in shares of Cadence Design Systems by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 7,627,272 shares of the software maker’s stock worth $2,378,707,000 after buying an additional 92,152 shares during the period. Massachusetts Financial Services Co. MA grew its position in shares of Cadence Design Systems by 16.0% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,314,407 shares of the software maker’s stock worth $1,866,739,000 after buying an additional 731,788 shares during the period. Finally, Norges Bank bought a new stake in shares of Cadence Design Systems during the fourth quarter worth approximately $1,352,922,000. 84.85% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on CDNS. Wells Fargo & Company cut their target price on shares of Cadence Design Systems from $410.00 to $375.00 and set an “overweight” rating for the company in a research note on Wednesday, February 18th. Needham & Company LLC reiterated a “buy” rating and issued a $390.00 price objective on shares of Cadence Design Systems in a research report on Wednesday, February 18th. Weiss Ratings reissued a “hold (c)” rating on shares of Cadence Design Systems in a research note on Monday, December 29th. Rosenblatt Securities restated a “buy” rating and set a $360.00 target price on shares of Cadence Design Systems in a report on Thursday, February 26th. Finally, Piper Sandler cut their price target on Cadence Design Systems from $355.00 to $319.00 and set a “neutral” rating for the company in a 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 stock. According to MarketBeat, Cadence Design Systems has a consensus rating of “Moderate Buy” and an average price target of $376.50.

Cadence Design Systems News Roundup

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

About Cadence Design Systems

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.