Sumitomo Life Insurance Co. Has $6.74 Million Stock Position in Cadence Design Systems, Inc. $CDNS

Sumitomo Life Insurance Co. boosted its stake in Cadence Design Systems, Inc. (NASDAQ:CDNS) by 44.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,200 shares of the software maker’s stock after purchasing an additional 5,900 shares during the quarter. Sumitomo Life Insurance Co.’s holdings in Cadence Design Systems were worth $6,744,000 at the end of the most recent reporting period.

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

Cadence Design Systems News Summary

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

• Positive Sentiment: Q4 beat and management commentary point to durable AI-driven demand — Cadence topped revenue and EPS estimates for Q4 and management highlighted accelerating adoption of AI-powered EDA tools and stronger IP demand, which supports near-term revenue visibility. 5 Revealing Analyst Questions From Cadence Design Systems’s Q4 Earnings Call
• Positive Sentiment: Analyst support and price-target lift — Bank of America (covered in TipRanks) reiterated a Buy and a $375 target, giving investors a higher reference price and reinforcing buy-side conviction. Cadence Design Systems: Strategic Hexagon Acquisition and Discounted Valuation Support Buy Rating and $375 Target
• Positive Sentiment: Broader semiconductor strength (NVIDIA beat) supports EDA demand — NVIDIA’s blowout results and surging data-center spend are a positive signal for chip design activity, which typically increases demand for Cadence’s software and IP. NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2026
• Neutral Sentiment: Investor visibility event — CEO Anirudh Devgan will present at a Morgan Stanley conference, a standard investor-relations event that can help maintain institutional interest but is unlikely to move fundamentals immediately. Cadence’s Anirudh Devgan to Present at Morgan Stanley Conference
• Neutral Sentiment: Media and retail attention — Jim Cramer mentions and heavy search interest (coverage on Yahoo/Zacks) can amplify short-term retail flows but don’t change company fundamentals. Jim Cramer Discusses Cadence Design Systems (CDNS)
• Neutral Sentiment: Odd short-interest data — a recent short-interest report contained anomalous/zero values, so it doesn’t provide a reliable signal about bearish positioning right now.
• Negative Sentiment: Valuation and cautionary takes — some articles highlight one skeptical point (and general valuation risk) despite strong cash flow; investors worried about a high P/E and where growth will come from may be cautious. 2 Reasons to Like CDNS and 1 to Stay Skeptical
• Negative Sentiment: Cash-generation caution — a broader piece on cash-producing stocks warns that strong cash balances aren’t enough if capital allocation or reinvestment falters; that is a risk some investors are watching for Cadence. 2 Cash-Producing Stocks Worth Your Attention and 1 We Find Risky

Analysts Set New Price Targets

Several analysts have recently commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Cadence Design Systems in a research note on Monday, December 29th. Rosenblatt Securities raised Cadence Design Systems from a “neutral” rating to a “buy” rating and increased their price target for the company from $335.00 to $360.00 in a research report on Wednesday, February 18th. Piper Sandler cut their price objective on shares of Cadence Design Systems from $355.00 to $319.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Stifel Nicolaus set a $395.00 target price on shares of Cadence Design Systems in a research note on Wednesday, February 18th. Finally, Oppenheimer raised shares of Cadence Design Systems from an “underperform” rating to a “market perform” rating and set a $275.00 price target on the stock in a research report on Monday, December 1st. Fifteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $376.50.

Cadence Design Systems Trading Up 3.9%

NASDAQ CDNS opened at $301.84 on Thursday. The business’s fifty day moving average is $306.33 and its 200-day moving average is $326.44. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.86 and a quick ratio of 2.67. The stock has a market capitalization of $82.30 billion, a price-to-earnings ratio of 74.35, a PEG ratio of 3.57 and a beta of 1.01. Cadence Design Systems, Inc. has a one year low of $221.56 and a one year high of $376.45.

Cadence Design Systems (NASDAQ:CDNS) last announced its quarterly earnings data on Tuesday, February 17th. The software maker reported $1.99 EPS for the quarter, topping the consensus estimate of $1.91 by $0.08. The business had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.42 billion. Cadence Design Systems had a net margin of 20.93% and a return on equity of 29.34%. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.88 earnings per share. 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 predict that Cadence Design Systems, Inc. will post 5.41 EPS for the current year.

Insider Buying and Selling

In other Cadence Design Systems news, VP Paul Cunningham sold 1,000 shares of Cadence Design Systems stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $295.09, for a total value of $295,090.00. Following the transaction, the vice president directly owned 95,137 shares of the company’s stock, valued at $28,073,977.33. The trade was a 1.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Paul Scannell sold 5,490 shares of the business’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $339.43, for a total transaction of $1,863,470.70. Following the transaction, the vice president directly owned 20,321 shares in the company, valued at approximately $6,897,557.03. The trade was a 21.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 56,475 shares of company stock worth $18,505,486 in the last ninety days. 1.99% of the stock is currently owned by insiders.

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.