Cadence Design Systems, Inc. $CDNS Shares Purchased by Montag A & Associates Inc.

Montag A & Associates Inc. grew its holdings in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) by 525.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,907 shares of the software maker’s stock after purchasing an additional 7,482 shares during the period. Montag A & Associates Inc.’s holdings in Cadence Design Systems were worth $3,129,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Cadence Design Systems by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 26,923,317 shares of the software maker’s stock valued at $9,457,084,000 after buying an additional 327,456 shares during the last quarter. State Street Corp boosted its stake in Cadence Design Systems by 1.4% in the second quarter. State Street Corp now owns 12,318,585 shares of the software maker’s stock valued at $3,795,972,000 after acquiring an additional 172,551 shares during the period. Geode Capital Management LLC grew its holdings in shares of Cadence Design Systems by 1.2% during the second quarter. Geode Capital Management LLC now owns 6,363,734 shares of the software maker’s stock valued at $1,952,771,000 after purchasing an additional 77,478 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of Cadence Design Systems by 16.0% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,314,407 shares of the software maker’s stock valued at $1,866,739,000 after purchasing an additional 731,788 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Cadence Design Systems during the 2nd quarter worth approximately $1,190,618,000. 84.85% of the stock is currently owned by institutional investors.

Trending Headlines about Cadence Design Systems

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

• Positive Sentiment: Q4 results and guidance — Cadence reported Q4 EPS and revenue ahead of consensus and provided FY26 guidance (8.05–8.15 EPS) and Q1 range, supporting growth expectations and profitability metrics that underpin the stock’s rally. MarketBeat CDNS summary
• Positive Sentiment: Morgan Stanley conference presentation — Management presented at the Morgan Stanley Technology, Media & Telecom conference; investor-facing presentations typically help reinforce cadence on strategy, product cycles, and customer demand (helpful for sentiment). Cadence Presents at Morgan Stanley TMT Conference (Transcript)
• Positive Sentiment: Analyst support — Stifel reaffirmed its Buy rating and a $395 price target after the earnings beat, which can bolster investor confidence and buying interest. Cadence Beats Q4; Stifel Reaffirms Buy
• Positive Sentiment: Zacks note on outperformance — Market commentary highlighting the stock’s recent outperformance provides additional visibility to momentum traders. Cadence Outperforms: What You Need to Know
• Positive Sentiment: Insider buy — A director purchased shares late last year (54 shares at ~$256.95), a signal some investors interpret as confidence from management-level ownership. SEC Form 4 (insider trades)
• Neutral Sentiment: Media roundup / stock-picking lists — A Yahoo Finance piece mentioned Cadence among large-cap names to watch; these lists drive short-term flows but are not company-specific catalysts. 1 Large-Cap Stock to Target This Week
• Neutral Sentiment: Short-interest data appears unreliable — Recent short-interest entries show zeros/NaN and a 0.0 days-to-cover figure, which looks like a reporting glitch; not a reliable signal of increased short pressure. (Data provider feeds linked above show the entries.)
• Negative Sentiment: Insider sales — Several filings show insiders trimming positions (VP Paul Cunningham sold 1,000 shares; a director sold small lots). While the sales are small vs. overall holdings and could be for diversification or tax reasons, such disclosures can create short-term selling pressure. SEC Form 4 (Paul Cunningham sale)

Cadence Design Systems Trading Up 1.6%

Cadence Design Systems stock opened at $305.43 on Thursday. Cadence Design Systems, Inc. has a 12-month low of $221.56 and a 12-month high of $376.45. The stock has a market capitalization of $83.28 billion, a PE ratio of 75.23, a price-to-earnings-growth ratio of 3.59 and a beta of 1.00. The firm has a 50 day simple moving average of $304.86 and a 200-day simple moving average of $324.74. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.86 and a quick ratio of 2.67.

Cadence Design Systems (NASDAQ:CDNS) last issued its quarterly earnings results on Tuesday, February 17th. The software maker reported $1.99 earnings per share 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 company had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same period in the prior year, the company 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. As a group, equities research analysts expect that Cadence Design Systems, Inc. will post 5.41 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on CDNS shares. Wells Fargo & Company reduced their price objective on 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. Piper Sandler cut their target price on Cadence Design Systems from $355.00 to $319.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 18th. Morgan Stanley lowered their price target on shares of Cadence Design Systems from $385.00 to $370.00 and set an “overweight” rating for the company in a research report on Wednesday, February 18th. Oppenheimer upgraded shares of Cadence Design Systems from an “underperform” rating to a “market perform” rating and set a $275.00 price objective on the stock in a research report on Monday, December 1st. Finally, Rosenblatt Securities reissued a “buy” rating and set a $360.00 target price on shares of Cadence Design Systems in a research note on Thursday, February 26th. Fifteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Cadence Design Systems has a consensus rating of “Moderate Buy” and an average target price of $376.50.

Insider Buying and Selling at Cadence Design Systems

In other Cadence Design Systems news, VP Paul Cunningham sold 1,000 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was 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 of the company’s stock, valued at approximately $28,032,115.86. This represents a 1.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Anirudh Devgan sold 20,000 shares of the stock in a transaction 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 sale, the chief executive officer owned 195,844 shares of the company’s stock, valued at $66,586,960. This trade represents a 9.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 56,480 shares of company stock valued at $18,492,189. Corporate insiders own 1.99% 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.