Rep. Gilbert Ray Cisneros, Jr. Sells Cadence Design Systems, Inc. (NASDAQ:CDNS) Stock

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Cadence Design Systems, Inc. (NASDAQ:CDNS). In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Cadence Design Systems stock on August 5th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 9/2/2025.
• Sold $1,001 – $15,000 in shares of Chart Industries (NYSE:GTLS) on 9/2/2025.
• Purchased $1,001 – $15,000 in shares of Avient (NYSE:AVNT) on 9/2/2025.
• Sold $1,001 – $15,000 in shares of Amdocs (NASDAQ:DOX) on 8/27/2025.
• Sold $1,001 – $15,000 in shares of Amdocs (NASDAQ:DOX) on 8/26/2025.
• Purchased $1,001 – $15,000 in shares of Intapp (NASDAQ:INTA) on 8/26/2025.
• Purchased $1,001 – $15,000 in shares of APi Group (NYSE:APG) on 8/26/2025.
• Purchased $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 8/26/2025.
• Purchased $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 8/26/2025.
• Sold $1,001 – $15,000 in shares of Fortive (NYSE:FTV) on 8/26/2025.

Cadence Design Systems Trading Up 2.3%

Cadence Design Systems stock opened at $373.35 on Monday. The firm’s 50 day moving average price is $346.27 and its two-hundred day moving average price is $306.97. Cadence Design Systems, Inc. has a 1 year low of $221.56 and a 1 year high of $376.45. The company has a debt-to-equity ratio of 0.49, a quick ratio of 2.67 and a current ratio of 2.82. The firm has a market cap of $101.73 billion, a price-to-earnings ratio of 100.91, a price-to-earnings-growth ratio of 4.90 and a beta of 1.00.

Cadence Design Systems (NASDAQ:CDNS) last posted its quarterly earnings data on Monday, July 28th. The software maker reported $1.65 EPS for the quarter, topping analysts’ consensus estimates of $1.56 by $0.09. The firm had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.25 billion. Cadence Design Systems had a net margin of 19.88% and a return on equity of 29.65%. The company’s revenue was up 20.2% on a year-over-year basis. During the same quarter last year, the business posted $1.28 EPS. Cadence Design Systems has set its Q3 2025 guidance at 1.750-1.810 EPS. FY 2025 guidance at 6.850-6.950 EPS. On average, research analysts predict that Cadence Design Systems, Inc. will post 5.41 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Tiemann Investment Advisors LLC lifted its stake in shares of Cadence Design Systems by 2.9% during the 2nd quarter. Tiemann Investment Advisors LLC now owns 1,050 shares of the software maker’s stock worth $324,000 after buying an additional 30 shares during the last quarter. Petros Family Wealth LLC lifted its stake in shares of Cadence Design Systems by 2.6% during the 2nd quarter. Petros Family Wealth LLC now owns 1,277 shares of the software maker’s stock worth $394,000 after buying an additional 32 shares during the last quarter. Hemington Wealth Management lifted its stake in shares of Cadence Design Systems by 14.0% during the 2nd quarter. Hemington Wealth Management now owns 261 shares of the software maker’s stock worth $80,000 after buying an additional 32 shares during the last quarter. Legacy Capital Wealth Partners LLC lifted its stake in shares of Cadence Design Systems by 2.8% during the 1st quarter. Legacy Capital Wealth Partners LLC now owns 1,214 shares of the software maker’s stock worth $309,000 after buying an additional 33 shares during the last quarter. Finally, Empower Advisory Group LLC lifted its stake in shares of Cadence Design Systems by 4.1% during the 1st quarter. Empower Advisory Group LLC now owns 911 shares of the software maker’s stock worth $232,000 after buying an additional 36 shares during the last quarter. Institutional investors own 84.85% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on CDNS. Rosenblatt Securities restated a “neutral” rating and set a $300.00 price target on shares of Cadence Design Systems in a report on Friday, July 25th. Loop Capital raised their price target on shares of Cadence Design Systems from $370.00 to $390.00 and gave the company a “buy” rating in a report on Tuesday, July 29th. Piper Sandler restated a “neutral” rating and set a $355.00 price target (up previously from $328.00) on shares of Cadence Design Systems in a report on Tuesday, July 29th. Wells Fargo & Company lifted their target price on shares of Cadence Design Systems from $365.00 to $405.00 and gave the stock an “overweight” rating in a report on Tuesday, July 29th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Cadence Design Systems from $330.00 to $390.00 and gave the stock an “overweight” rating in a report on Tuesday, July 29th. Twelve investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $364.33.

Insider Transactions at Cadence Design Systems

In other news, VP Paul Cunningham sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $343.95, for a total transaction of $343,950.00. Following the completion of the sale, the vice president owned 102,499 shares in the company, valued at approximately $35,254,531.05. This trade represents a 0.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Ita M. Brennan sold 180 shares of the firm’s stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $334.51, for a total transaction of $60,211.80. Following the sale, the director owned 7,830 shares of the company’s stock, valued at approximately $2,619,213.30. This represents a 2.25% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 3,180 shares of company stock valued at $1,069,232. 0.37% of the stock is currently owned by corporate insiders.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Cadence Design Systems

Cadence Design Systems, Inc provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification.