Jupiter Asset Management Ltd. Makes New Investment in Cadence Design Systems, Inc. $CDNS

Jupiter Asset Management Ltd. bought a new position in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) during the fourth quarter, HoldingsChannel.com reports. The firm bought 7,020 shares of the software maker’s stock, valued at approximately $2,194,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CDNS. Foundations Investment Advisors LLC bought a new position in shares of Cadence Design Systems during the 4th quarter valued at about $371,000. MidAtlantic Capital Management Inc. bought a new position in shares of Cadence Design Systems during the 4th quarter valued at about $32,000. Huntington National Bank lifted its holdings in shares of Cadence Design Systems by 8.5% during the 4th quarter. Huntington National Bank now owns 4,279 shares of the software maker’s stock valued at $1,338,000 after purchasing an additional 334 shares in the last quarter. Arista Wealth Management LLC lifted its holdings in shares of Cadence Design Systems by 17.9% during the 4th quarter. Arista Wealth Management LLC now owns 9,165 shares of the software maker’s stock valued at $2,865,000 after purchasing an additional 1,394 shares in the last quarter. Finally, Kingsview Wealth Management LLC lifted its holdings in shares of Cadence Design Systems by 5.6% during the 4th quarter. Kingsview Wealth Management LLC now owns 1,267 shares of the software maker’s stock valued at $396,000 after purchasing an additional 67 shares in the last quarter. Institutional investors own 84.85% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on CDNS shares. KeyCorp lifted their price objective on Cadence Design Systems from $405.00 to $425.00 and gave the company an “overweight” rating in a report on Tuesday, April 28th. Morgan Stanley cut their price objective on Cadence Design Systems from $385.00 to $370.00 and set an “overweight” rating on the stock in a report on Wednesday, February 18th. Piper Sandler lifted their price objective on Cadence Design Systems from $319.00 to $325.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. Rosenblatt Securities reiterated a “buy” rating and set a $360.00 price objective on shares of Cadence Design Systems in a report on Friday, April 24th. Finally, Berenberg Bank set a $440.00 price objective on Cadence Design Systems in a report on Wednesday. Fourteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Cadence Design Systems presently has an average rating of “Moderate Buy” and an average target price of $384.41.

Insider Transactions at Cadence Design Systems

In other Cadence Design Systems news, Director Ita M. Brennan sold 180 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $295.03, for a total value of $53,105.40. Following the sale, the director owned 7,470 shares in the company, valued at approximately $2,203,874.10. The trade was a 2.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Paul Cunningham sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $337.49, for a total value of $337,490.00. Following the completion of the sale, the vice president owned 127,586 shares in the company, valued at $43,058,999.14. The trade was a 0.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 93,138 shares of company stock worth $32,492,540. Corporate insiders own 0.49% of the company’s stock.

Cadence Design Systems News Roundup

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

• Positive Sentiment: CDNS’s chart recently flashed a golden cross, with the 50-day moving average moving above the 200-day moving average. Traders often view this as a bullish technical signal that can suggest improving momentum and may attract additional buying. Cadence Design Systems (CDNS)’s Technical Outlook is Bright After Key Golden Cross
• Positive Sentiment: The company continues to benefit from strong fundamentals, including a recent earnings beat and upbeat guidance, which supports confidence in the stock’s longer-term outlook. Shares Fall, Targets Rise—Markets and Analysts Diverge on Synopsys (CDNS)
• Positive Sentiment: Cadence announced a partnership with Samsung to deliver a signoff-ready platform for AI infrastructure, reinforcing its role in the AI and semiconductor design ecosystem. Cadence, Samsung partner to deliver signoff-ready platform for AI infrastructure
• Neutral Sentiment: CEO Anirudh Devgan disclosed the sale of 51,887 shares under a pre-arranged 10b5-1 trading plan. While insider selling can pressure sentiment, the automated plan makes it less alarming than a discretionary sale. Cadence Design Systems (NASDAQ:CDNS) CEO Sells $19,198,190.00 in Stock
• Negative Sentiment: Some investors may view the stock’s elevated valuation as a risk, since CDNS already trades at a premium multiple after a strong run, which can limit upside if growth cools. Cadence Design Systems stock and company information

Cadence Design Systems Trading Up 0.3%

NASDAQ CDNS opened at $374.93 on Friday. The stock has a market capitalization of $103.41 billion, a price-to-earnings ratio of 87.40, a PEG ratio of 4.44 and a beta of 1.13. The stock’s 50 day moving average price is $321.23 and its two-hundred day moving average price is $312.80. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.32 and a current ratio of 1.47. Cadence Design Systems, Inc. has a 52 week low of $262.75 and a 52 week high of $383.80.

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

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.