Van Lanschot Kempen Investment Management N.V. Boosts Holdings in Cadence Design Systems, Inc. $CDNS

Van Lanschot Kempen Investment Management N.V. boosted its position in Cadence Design Systems, Inc. (NASDAQ:CDNS) by 8.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,626 shares of the software maker’s stock after purchasing an additional 5,713 shares during the quarter. Van Lanschot Kempen Investment Management N.V.’s holdings in Cadence Design Systems were worth $22,076,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Sun Financial Inc purchased a new stake in Cadence Design Systems in the 4th quarter worth approximately $1,225,000. MUFG Securities EMEA plc lifted its stake in Cadence Design Systems by 113.9% in the 4th quarter. MUFG Securities EMEA plc now owns 11,159 shares of the software maker’s stock worth $3,488,000 after purchasing an additional 5,943 shares in the last quarter. DDD Partners LLC lifted its stake in Cadence Design Systems by 27.4% in the 4th quarter. DDD Partners LLC now owns 41,968 shares of the software maker’s stock worth $13,118,000 after purchasing an additional 9,024 shares in the last quarter. Leonteq Securities AG purchased a new stake in Cadence Design Systems in the 4th quarter worth approximately $1,105,000. Finally, Allianz SE purchased a new stake in Cadence Design Systems in the 3rd quarter worth approximately $1,265,000. 84.85% of the stock is currently owned by hedge funds and other institutional investors.

Cadence Design Systems Stock Performance

Cadence Design Systems stock opened at $384.96 on Friday. The firm’s fifty day moving average price is $344.32 and its 200-day moving average price is $318.73. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.32 and a current ratio of 1.47. The stock has a market cap of $106.18 billion, a P/E ratio of 89.73, a price-to-earnings-growth ratio of 4.54 and a beta of 1.15. Cadence Design Systems, Inc. has a fifty-two week low of $262.75 and a fifty-two week high of $416.69.

Cadence Design Systems (NASDAQ:CDNS) last posted its quarterly earnings data on Monday, April 27th. The software maker reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.91 by $0.05. The firm had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.46 billion. Cadence Design Systems had a net margin of 21.18% and a return on equity of 28.44%. During the same quarter last year, the company posted $1.57 EPS. The business’s quarterly 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. On average, equities research analysts expect that Cadence Design Systems, Inc. will post 6.23 earnings per share for the current fiscal year.

Insider Buying and Selling at Cadence Design Systems

In related news, CFO John M. Wall sold 21,500 shares of the stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $309.45, for a total transaction of $6,653,175.00. Following the transaction, the chief financial officer owned 86,875 shares of the company’s stock, valued at approximately $26,883,468.75. This trade represents a 19.84% decrease in their position. The transaction was disclosed in a document filed 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 Cunningham sold 1,000 shares of the stock in a transaction on Friday, May 1st. The shares were sold at an average price of $337.49, for a total transaction of $337,490.00. Following the transaction, the vice president directly owned 127,586 shares in the company, valued at approximately $43,058,999.14. This represents a 0.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 176,226 shares of company stock worth $65,900,542 in the last quarter. 0.49% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on CDNS shares. Robert W. Baird raised their price objective on shares of Cadence Design Systems from $381.00 to $385.00 and gave the company an “outperform” rating in a research report on Tuesday, April 28th. Citigroup raised their price objective 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. Rosenblatt Securities restated a “buy” rating and set a $360.00 price objective on shares of Cadence Design Systems in a research report on Friday, April 24th. KeyCorp raised their price objective on shares of Cadence Design Systems from $405.00 to $425.00 and gave the company an “overweight” rating in a research report on Tuesday, April 28th. Finally, Needham & Company LLC restated a “buy” rating and set a $400.00 price objective on shares of Cadence Design Systems in a research report on Tuesday, April 28th. Fourteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Cadence Design Systems has a consensus rating of “Moderate Buy” and a consensus target price of $386.59.

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.