Deutsche Bank AG Boosts Holdings in Cadence Design Systems, Inc. $CDNS

Deutsche Bank AG lifted its stake in Cadence Design Systems, Inc. (NASDAQ:CDNS) by 6.4% in the 4th quarter, HoldingsChannel reports. The firm owned 1,641,453 shares of the software maker’s stock after buying an additional 98,691 shares during the quarter. Deutsche Bank AG’s holdings in Cadence Design Systems were worth $513,085,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of CDNS. Y.D. More Investments Ltd purchased a new stake in shares of Cadence Design Systems in the 3rd quarter worth about $26,000. Caitlin John LLC purchased a new stake in shares of Cadence Design Systems in the 3rd quarter worth about $29,000. Lodestone Wealth Management LLC purchased a new stake in shares of Cadence Design Systems in the 4th quarter worth about $30,000. Imprint Wealth LLC purchased a new stake in shares of Cadence Design Systems in the 3rd quarter worth about $31,000. Finally, MidAtlantic Capital Management Inc. purchased a new stake in shares of Cadence Design Systems in the 4th quarter worth about $32,000. 84.85% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently commented on CDNS shares. Piper Sandler raised their target price on shares of Cadence Design Systems from $319.00 to $325.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 28th. Stifel Nicolaus raised their target price on shares of Cadence Design Systems from $395.00 to $432.00 and gave the stock a “buy” rating in a research report on Tuesday. KeyCorp raised their target price on shares of Cadence Design Systems from $405.00 to $425.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 28th. Rosenblatt Securities reissued a “buy” rating and set a $360.00 price target on shares of Cadence Design Systems in a research report on Friday, April 24th. Finally, Citigroup lifted their price target on shares of Cadence Design Systems from $385.00 to $400.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Fourteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Cadence Design Systems currently has a consensus rating of “Moderate Buy” and an average price target of $386.59.

Insider Buying and Selling at Cadence Design Systems

In other Cadence Design Systems news, CEO Anirudh Devgan sold 51,887 shares of Cadence Design Systems stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $370.00, for a total value of $19,198,190.00. Following the completion of the transaction, the chief executive officer directly owned 303,525 shares of the company’s stock, valued at approximately $112,304,250. The trade was a 14.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Paul Scannell sold 10,500 shares of Cadence Design Systems stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $339.00, for a total transaction of $3,559,500.00. Following the completion of the transaction, the vice president directly owned 33,946 shares of the company’s stock, valued at $11,507,694. This trade represents a 23.62% 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. In the last 90 days, insiders sold 176,046 shares of company stock valued at $65,830,801. Insiders own 0.49% of the company’s stock.

Cadence Design Systems Trading Down 1.5%

Shares of NASDAQ CDNS opened at $385.13 on Thursday. Cadence Design Systems, Inc. has a 1 year low of $262.75 and a 1 year high of $416.69. The stock has a market cap of $106.23 billion, a P/E ratio of 89.77, a price-to-earnings-growth ratio of 4.63 and a beta of 1.15. The firm has a 50-day moving average of $340.11 and a 200 day moving average of $317.68. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.47 and a quick ratio of 1.32.

Cadence Design Systems (NASDAQ:CDNS) last issued its quarterly earnings results on Monday, April 27th. The software maker reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.91 by $0.05. Cadence Design Systems had a net margin of 21.18% and a return on equity of 28.44%. The company had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.46 billion. During the same period last year, the company posted $1.57 EPS. Cadence Design Systems’s revenue was up 18.6% on a year-over-year basis. 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. As a group, sell-side analysts expect that Cadence Design Systems, Inc. will post 6.23 EPS for the current fiscal year.

Cadence Design Systems News Roundup

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

• Positive Sentiment: Cadence is being viewed as an AI beneficiary, with commentary framing the company as a key “bottleneck” provider in AI chip design software, which supports its long-term growth narrative. Cadence Design Systems: The Software Version Of An AI Bottleneck
• Positive Sentiment: Intel’s newly expanded deal with Cadence was interpreted as a sign of confidence in Intel’s next-generation chip-manufacturing plans, reinforcing Cadence’s role as an important partner in the semiconductor ecosystem. Intel Stock Gains. What a New Deal Means for Its Chip-Manufacturing Plans.
• Neutral Sentiment: Cadence’s presentation at the Nasdaq and Jefferies investor conference kept the stock in focus, but no major new financial guidance or contract announcement was highlighted in the available details. Cadence Design Systems, Inc. (CDNS) Presents at 54th Nasdaq & Jefferies Investor Conference Transcript
• Neutral Sentiment: Recent articles have also focused on whether Cadence can sustain its AI-driven momentum, suggesting investors are weighing valuation and durability rather than reacting to a single new catalyst. Can Cadence Design Systems Sustain Its AI-Driven Momentum?
• Negative Sentiment: Broader semiconductor sentiment has softened, with coverage noting that short interest is rising across the group and that the semiconductor index may be entering a correction, which can weigh on CDNS despite company-specific strength. Semiconductor shorts pile on as winning trade reverses
• Negative Sentiment: One market recap noted CDNS stock moved lower in the latest session, indicating some near-term selling pressure even without a clear company-specific negative catalyst. Cadence Design Systems (CDNS) Stock Moves -1.42%: What You Should Know

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.