Cadence Design Systems, Inc. $CDNS Shares Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Cadence Design Systems, Inc. (NASDAQ:CDNS) by 0.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 706,361 shares of the software maker’s stock after buying an additional 4,215 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Cadence Design Systems were worth $248,116,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Tiemann Investment Advisors LLC increased its position in shares of Cadence Design Systems by 2.9% during the second quarter. Tiemann Investment Advisors LLC now owns 1,050 shares of the software maker’s stock worth $324,000 after purchasing an additional 30 shares in the last quarter. Occidental Asset Management LLC grew its holdings in shares of Cadence Design Systems by 2.3% during the third quarter. Occidental Asset Management LLC now owns 1,321 shares of the software maker’s stock worth $464,000 after buying an additional 30 shares in the last quarter. Whittier Trust Co. raised its position in shares of Cadence Design Systems by 0.4% in the third quarter. Whittier Trust Co. now owns 7,072 shares of the software maker’s stock valued at $2,456,000 after buying an additional 30 shares during the last quarter. Cornerstone Wealth Group LLC lifted its stake in shares of Cadence Design Systems by 4.3% in the third quarter. Cornerstone Wealth Group LLC now owns 777 shares of the software maker’s stock worth $273,000 after buying an additional 32 shares in the last quarter. Finally, KRS Capital Management LLC boosted its position in Cadence Design Systems by 1.4% during the third quarter. KRS Capital Management LLC now owns 2,425 shares of the software maker’s stock worth $852,000 after acquiring an additional 33 shares during the last quarter. Institutional investors and hedge funds own 84.85% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on CDNS shares. Stifel Nicolaus set a $395.00 price objective on shares of Cadence Design Systems in a report on Wednesday, February 18th. Wells Fargo & Company reduced their price objective on Cadence Design Systems from $410.00 to $375.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 18th. Citigroup started coverage on Cadence Design Systems in a research note on Monday, November 24th. They set a “buy” rating and a $385.00 price objective on the stock. Piper Sandler cut their target price on Cadence Design Systems from $355.00 to $319.00 and set a “neutral” rating for the company in a research note on Wednesday, February 18th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Cadence Design Systems in a research 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $376.50.

Insider Transactions at Cadence Design Systems

In related news, VP Paul Scannell sold 5,490 shares of the stock in a transaction that occurred 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 completion of the transaction, the vice president owned 20,321 shares of the company’s stock, valued at approximately $6,897,557.03. This trade represents a 21.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Anirudh Devgan sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $340.00, for a total value of $6,800,000.00. Following the completion of the sale, the chief executive officer directly owned 195,844 shares in the company, valued at approximately $66,586,960. The trade was a 9.27% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 56,475 shares of company stock worth $18,505,486. 1.99% of the stock is owned by company insiders.

Cadence Design Systems Stock Performance

Shares of Cadence Design Systems stock opened at $301.84 on Thursday. The firm has a market cap of $82.30 billion, a PE ratio of 74.35, a price-to-earnings-growth ratio of 3.57 and a beta of 1.01. The company has a quick ratio of 2.67, a current ratio of 2.86 and a debt-to-equity ratio of 0.45. Cadence Design Systems, Inc. has a 52 week low of $221.56 and a 52 week high of $376.45. The business’s fifty day simple moving average is $306.33 and its 200-day simple moving average is $326.44.

Cadence Design Systems (NASDAQ:CDNS) last issued its quarterly earnings data on Tuesday, February 17th. The software maker reported $1.99 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same period in the previous year, the firm earned $1.88 EPS. Cadence Design Systems’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 analysts forecast that Cadence Design Systems, Inc. will post 5.41 earnings per share for the current year.

Key Stories Impacting Cadence Design Systems

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

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.