Daiwa Securities Group Inc. Sells 8,528 Shares of Cadence Design Systems, Inc. $CDNS

Daiwa Securities Group Inc. reduced its stake in Cadence Design Systems, Inc. (NASDAQ:CDNS) by 7.4% during the 4th quarter, HoldingsChannel reports. The firm owned 106,802 shares of the software maker’s stock after selling 8,528 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Cadence Design Systems were worth $33,384,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Y.D. More Investments Ltd acquired a new position in shares of Cadence Design Systems in the 3rd quarter worth approximately $26,000. Caitlin John LLC acquired a new position in shares of Cadence Design Systems in the 3rd quarter worth approximately $29,000. Lodestone Wealth Management LLC bought a new position in Cadence Design Systems in the 4th quarter worth approximately $30,000. Imprint Wealth LLC acquired a new position in Cadence Design Systems during the 3rd quarter worth $31,000. Finally, Strategic Wealth Investment Group LLC acquired a new position in Cadence Design Systems during the 2nd quarter worth $32,000. 84.85% of the stock is owned by institutional investors and hedge funds.

More Cadence Design Systems News

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

• Positive Sentiment: Cadence is still being viewed favorably by analysts, with reports highlighting its strong position in EDA software, AI-driven workflows, and expanding system design offerings. One recent bullish note called it a long-term winner in the AI and semiconductor “arms race,” citing 19% Q1 revenue growth, a record $8 billion backlog, and a $470 price target. Article: Cadence: The Silicon Arms Race Is Just Getting Started
• Positive Sentiment: Cadence signed a licensing deal with Aeva to use Tensilica Vision DSP technology in next-generation 4D LiDAR systems, extending CDNS’s reach into AI sensing hardware and adding another growth angle beyond core chip-design software. Article: Cadence Aeva LiDAR Deal Extends AI Sensing Role For Investors
• Neutral Sentiment: Cadence remains a heavily watched stock among investors, which may be drawing attention ahead of any future catalysts, but the “trending” coverage itself does not change fundamentals. Article: Is Trending Stock Cadence Design Systems, Inc. (CDNS) a Buy Now?
• Neutral Sentiment: The company’s recent conference appearance kept Cadence in front of investors, but it did not include a major new financial update, so the impact on the stock is likely limited. Article: Cadence Design Systems, Inc. Presents at Bank of America 2026 Global Technology Conference Transcript
• Negative Sentiment: Recent insider selling by CEO Anirudh Devgan and VP Paul Scannell may be weighing on sentiment, even though the trades were made under pre-arranged 10b5-1 plans. Article: Insider trade details for Anirudh Devgan
• Negative Sentiment: Unusual put-option trading and headlines noting CDNS underperformed the broader market suggest some investors are positioning for more downside or taking profits after the stock’s strong move higher. Article: Here’s Why Cadence Design Systems (CDNS) Fell More Than Broader Market

Analyst Upgrades and Downgrades

A number of brokerages have commented on CDNS. Piper Sandler increased their price objective on Cadence Design Systems from $319.00 to $325.00 and gave the company a “neutral” rating in a research report on Tuesday, April 28th. Stifel Nicolaus set a $395.00 price objective on Cadence Design Systems in a research report on Wednesday, February 18th. Rosenblatt Securities reiterated a “buy” rating and issued a $360.00 price objective on shares of Cadence Design Systems in a research report on Friday, April 24th. KeyCorp increased their price objective on 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 reiterated a “buy” rating and issued a $400.00 price objective on shares of Cadence Design Systems in a research report on Tuesday, April 28th. Fourteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Cadence Design Systems presently has a consensus rating of “Moderate Buy” and an average target price of $384.41.

Cadence Design Systems Stock Performance

CDNS stock opened at $376.19 on Friday. The business’s fifty day moving average is $333.17 and its 200-day moving average is $315.83. The company has a quick ratio of 1.32, a current ratio of 1.47 and a debt-to-equity ratio of 0.38. The company has a market cap of $103.76 billion, a P/E ratio of 87.69, a price-to-earnings-growth ratio of 4.87 and a beta of 1.15. Cadence Design Systems, Inc. has a twelve month low of $262.75 and a twelve month high of $416.69.

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

Insider Buying and Selling

In related news, VP Paul Cunningham sold 1,000 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $337.49, for a total transaction of $337,490.00. Following the sale, the vice president owned 127,586 shares of the company’s stock, valued at approximately $43,058,999.14. This trade represents a 0.78% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed 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 the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $339.00, for a total value of $3,559,500.00. Following the sale, the vice president directly owned 33,946 shares in the company, valued at $11,507,694. The trade was a 23.62% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 176,046 shares of company stock worth $65,830,801. Company insiders own 0.49% of the company’s stock.

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.