Crossmark Global Holdings Inc. Grows Holdings in Cadence Design Systems, Inc. $CDNS

Crossmark Global Holdings Inc. boosted its holdings in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) by 108.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,890 shares of the software maker’s stock after acquiring an additional 16,060 shares during the period. Crossmark Global Holdings Inc.’s holdings in Cadence Design Systems were worth $10,850,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Y.D. More Investments Ltd purchased a new position in shares of Cadence Design Systems during the third quarter valued at approximately $26,000. Caitlin John LLC bought a new position in Cadence Design Systems during the 3rd quarter valued at approximately $29,000. Strategic Wealth Investment Group LLC bought a new position in Cadence Design Systems during the 2nd quarter valued at approximately $32,000. Promus Capital LLC purchased a new position in Cadence Design Systems during the second quarter valued at $33,000. Finally, Robbins Farley bought a new stake in Cadence Design Systems in the third quarter worth $35,000. Institutional investors own 84.85% of the company’s stock.

Cadence Design Systems Price Performance

Shares of NASDAQ:CDNS opened at $299.84 on Friday. The company has a quick ratio of 2.67, a current ratio of 2.86 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $81.75 billion, a PE ratio of 73.85, a price-to-earnings-growth ratio of 3.65 and a beta of 1.00. The firm’s 50 day moving average price is $304.50 and its 200-day moving average price is $324.57. Cadence Design Systems, Inc. has a twelve month low of $221.56 and a twelve month high of $376.45.

Cadence Design Systems (NASDAQ:CDNS) last announced its earnings results on Tuesday, February 17th. The software maker reported $1.99 EPS for the quarter, beating 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 business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.42 billion. During the same period in the prior year, the company earned $1.88 earnings per share. The firm’s revenue was up 6.2% on a year-over-year basis. 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 expect that Cadence Design Systems, Inc. will post 5.41 EPS for the current year.

Insider Buying and Selling

In related news, CFO John M. Wall sold 27,805 shares of the firm’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $318.57, for a total value of $8,857,838.85. Following the transaction, the chief financial officer directly owned 69,957 shares of the company’s stock, valued at approximately $22,286,201.49. This trade represents a 28.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Paul Cunningham sold 1,000 shares of Cadence Design Systems stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $297.78, for a total value of $297,780.00. Following the transaction, the vice president owned 94,137 shares in the company, valued at $28,032,115.86. This trade represents a 1.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 36,480 shares of company stock valued at $11,692,189. Company insiders own 1.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on CDNS shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cadence Design Systems in a research report on Monday, December 29th. Citigroup started coverage on shares of Cadence Design Systems in a report on Monday, November 24th. They set a “buy” rating and a $385.00 price target on the stock. Oppenheimer raised shares of Cadence Design Systems from an “underperform” rating to a “market perform” rating and set a $275.00 price objective for the company in a report on Monday, December 1st. Rosenblatt Securities restated a “buy” rating and set a $360.00 price objective on shares of Cadence Design Systems in a research report on Thursday, February 26th. Finally, 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 report on Wednesday, February 18th. Fifteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Cadence Design Systems presently has an average rating of “Moderate Buy” and a consensus target price of $376.50.

Cadence Design Systems News Roundup

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

• Positive Sentiment: Q4 beat on both revenue and EPS and Stifel reiterated a Buy with a $395 target — supports the bullish case on Cadence’s AI/EDA positioning. Cadence Q4 beat & Stifel note
• Positive Sentiment: Large institutional accumulation reported (Norges Bank, J. Stern, Wellington, etc.), which underpins demand and can support higher multiples over time. Institutional ownership update
• Positive Sentiment: Director Moshe Gavrielov made a small open‑market purchase (54 shares at ~$256.95), a modest insider buy that is a positive sentiment signal. SEC filing — Moshe Gavrielov purchase
• Neutral Sentiment: Management presented at the Morgan Stanley TMT conference — useful detail on strategy and AI roadmap but unlikely to move the stock absent new material disclosures. Morgan Stanley presentation transcript
• Neutral Sentiment: Market pieces noted CDNS “outperformed” intraday after earnings — reflects short‑term reaction rather than a durable change. Zacks intraday note
• Neutral Sentiment: Reported short‑interest shows “0” shares / 0.0 days to cover — this appears to be a data/reporting error and should not be treated as a market signal.
• Negative Sentiment: Insider selling: VP Paul Cunningham sold 1,000 shares (~$297.78 avg). While small relative to his total holdings, the sale can increase near‑term supply and feed profit‑taking narratives. SEC filing — Paul Cunningham sale
• Negative Sentiment: Additional small director sales (Dec/Jan) add to the insider‑activity story investors watch and can weigh on sentiment when the stock has already run up. SEC filings — director trades

Cadence Design Systems 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.