Cadence Design Systems (NASDAQ:CDNS) Director Sells $53,105.40 in Stock

Cadence Design Systems, Inc. (NASDAQ:CDNS) Director Ita Brennan sold 180 shares of the firm’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $295.03, for a total value of $53,105.40. Following the transaction, the director directly owned 7,470 shares of the company’s stock, valued at $2,203,874.10. This represents a 2.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Cadence Design Systems Stock Performance

Shares of CDNS stock opened at $283.90 on Friday. The company’s fifty day moving average price is $299.24 and its 200-day moving average price is $320.20. The stock has a market cap of $77.41 billion, a PE ratio of 69.93, a price-to-earnings-growth ratio of 3.46 and a beta of 1.00. The company has a current ratio of 2.86, a quick ratio of 2.67 and a debt-to-equity ratio of 0.45. Cadence Design Systems, Inc. has a 12 month low of $221.56 and a 12 month high of $376.45.

Cadence Design Systems (NASDAQ:CDNS) last issued its quarterly earnings results on Tuesday, February 17th. The software maker reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.42 billion. During the same period last year, the business earned $1.88 EPS. Cadence Design Systems’s quarterly revenue was up 6.2% compared to the same quarter last year. 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. On average, equities analysts expect that Cadence Design Systems, Inc. will post 5.41 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on CDNS. Piper Sandler dropped their price target 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. Rosenblatt Securities reaffirmed a “buy” rating and set a $360.00 price objective on shares of Cadence Design Systems in a research report on Thursday, February 26th. Wells Fargo & Company lowered their price objective on 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. Stifel Nicolaus set a $395.00 target price on Cadence Design Systems in a research note on Wednesday, February 18th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Cadence Design Systems in a report on Monday, December 29th. Fifteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Cadence Design Systems has a consensus rating of “Moderate Buy” and a consensus target price of $376.50.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Y.D. More Investments Ltd purchased a new position in Cadence Design Systems in the 3rd quarter worth about $26,000. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of Cadence Design Systems during the 4th quarter valued at about $28,000. Caitlin John LLC bought a new stake in shares of Cadence Design Systems in the third quarter worth approximately $29,000. Swiss RE Ltd. bought a new stake in shares of Cadence Design Systems in the fourth quarter worth approximately $29,000. Finally, Lodestone Wealth Management LLC purchased a new position in shares of Cadence Design Systems during the fourth quarter valued at approximately $30,000. 84.85% of the stock is owned by institutional investors.

Trending Headlines about Cadence Design Systems

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

• Positive Sentiment: Cadence expanded its strategic work with NVIDIA to power “agentic AI” capabilities that accelerate chip design, verification and system-level innovation — a narrative that supports long-term growth and Cadence’s role in AI-driven EDA demand. Cadence and NVIDIA Redefining Chip Design With Agentic AI: Here’s How
• Positive Sentiment: Flexcompute launched a PhotonForge connector for Cadence Virtuoso Studio, integrating GPU‑accelerated photonic simulation into Cadence’s EPDA workflow — strengthens Cadence’s ecosystem and could broaden addressable markets (AI data‑center photonics). Flexcompute Launches PhotonForge Connector for Cadence Virtuoso Studio
• Positive Sentiment: Analyst coverage remains generally favorable: multiple buy/overweight ratings and a consensus target well above current levels support upside expectations over time (MarketBeat summary of recent analyst notes). Cadence (CDNS) analyst & market summary
• Neutral Sentiment: General media/retail attention: Zacks/Yahoo flagged Cadence as attracting investor interest — useful as a gauge of retail/search activity but not a direct catalyst. Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention
• Neutral Sentiment: Reported short-interest data in feeds appears anomalous (shows 0 shares / 0 days-to-cover) — likely a reporting glitch; no clear short-squeeze risk or pressure indicated by these figures. (No article link available)
• Negative Sentiment: Insider selling: a Cadence director sold 180 shares (~$53k) — small in size but often read by traders as modest negative signal when combined with other near-term weakness. Insider Selling: Cadence Director Sells 180 Shares
• Negative Sentiment: Near-term sentiment pressure: articles note the stock is down since the last earnings report and discuss earnings/estimate dynamics — investors remain focused on execution and guidance vs. elevated valuation (reason for short-term weakness). Why Is Cadence (CDNS) Down 5% Since Last Earnings Report?

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.