Caprock Group LLC Takes $4.71 Million Position in Cadence Design Systems, Inc. $CDNS

Caprock Group LLC purchased a new position in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 13,441 shares of the software maker’s stock, valued at approximately $4,710,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CDNS. Vanguard Group Inc. lifted its stake in shares of Cadence Design Systems by 1.0% in the 2nd quarter. Vanguard Group Inc. now owns 26,595,861 shares of the software maker’s stock worth $8,195,515,000 after acquiring an additional 256,719 shares during the period. State Street Corp increased its stake in shares of Cadence Design Systems by 1.4% during the second quarter. State Street Corp now owns 12,318,585 shares of the software maker’s stock worth $3,795,972,000 after acquiring an additional 172,551 shares during the period. Jennison Associates LLC raised its holdings in Cadence Design Systems by 3.0% during the second quarter. Jennison Associates LLC now owns 9,338,102 shares of the software maker’s stock worth $2,877,536,000 after purchasing an additional 273,149 shares in the last quarter. Geode Capital Management LLC lifted its position in Cadence Design Systems by 1.2% in 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 period. Finally, Massachusetts Financial Services Co. MA boosted its holdings in Cadence Design Systems by 16.0% in the 3rd 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 in the last quarter. 84.85% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Cadence Design Systems

In other Cadence Design Systems news, VP Paul Scannell sold 5,490 shares of the firm’s stock in a transaction dated 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 sale, the vice president directly owned 20,321 shares of the company’s stock, valued at $6,897,557.03. This trade represents a 21.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO John M. Wall sold 27,805 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $318.57, for a total transaction of $8,857,838.85. Following the completion of the transaction, the chief financial officer directly owned 69,957 shares of the company’s stock, valued at approximately $22,286,201.49. This represents a 28.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 56,475 shares of company stock worth $18,505,486 in the last ninety days. Company insiders own 1.99% of the company’s stock.

Cadence Design Systems News Summary

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

• Positive Sentiment: Cadence unveiled “ChipStack AI Super Agent,” an agentic AI workflow aimed at accelerating silicon design with management claiming multi‑fold productivity gains — a clear revenue/positioning catalyst if customers adopt it. Cadence Unveils ChipStack AI Super Agent for Next-Gen Chips
• Positive Sentiment: Major outlets picked up the AI‑agent story (MSN, Seeking Alpha), amplifying investor awareness and helping drive short‑term momentum. Cadence introduces an AI agent to speed up computer chip design Cadence unveils AI agent to accelerate chip design
• Positive Sentiment: Market sentiment reports note increased bullishness this week (coverage highlights an ~8% weekly advance), suggesting investor appetite for Cadence’s AI narrative. Investors more bullish on Cadence Design Systems (NASDAQ:CDNS) this week as stock advances 8.4%
• Neutral Sentiment: Analysts and research outlets are digging into Q4 (Dec‑2025) metric-level estimates to assess upside vs. consensus; this deeper analysis could influence earnings expectations but is not itself a directional catalyst. Unlocking Q4 Potential of Cadence (CDNS): Exploring Wall Street Estimates for Key Metrics
• Neutral Sentiment: Cadence is due to report quarterly results next week — a clear near‑term catalyst that can swing the stock either way depending on revenue, margin, and guidance. Cadence Design Systems (CDNS) Expected to Announce Quarterly Earnings on Tuesday
• Neutral Sentiment: Recent short‑interest reports in the feed show zero shares/erroneous NaN increases (data appears unreliable) — no clear short squeeze signal from these entries.
• Negative Sentiment: A Zacks note warned Cadence “doesn’t possess the right combination” for a likely earnings beat in the upcoming report, implying risk of a disappointment that could reverse recent gains. Cadence Design Systems (CDNS) Reports Next Week: Wall Street Expects Earnings Growth

Cadence Design Systems Price Performance

Shares of NASDAQ:CDNS opened at $299.65 on Thursday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 2.84 and a current ratio of 3.05. The business’s fifty day moving average price is $313.41 and its two-hundred day moving average price is $330.94. The stock has a market cap of $81.56 billion, a PE ratio of 77.23, a price-to-earnings-growth ratio of 3.33 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.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Cadence Design Systems in a research note on Monday, December 29th. KeyCorp reiterated an “overweight” rating and issued a $405.00 price objective on shares of Cadence Design Systems in a research report on Tuesday, October 28th. Needham & Company LLC restated a “buy” rating and set a $390.00 target price on shares of Cadence Design Systems in a research report on Monday, December 22nd. Wells Fargo & Company increased their price target on shares of Cadence Design Systems from $405.00 to $410.00 and gave the company an “overweight” rating in a report on Tuesday, October 28th. Finally, Rosenblatt Securities raised their price objective on shares of Cadence Design Systems from $320.00 to $335.00 and gave the company a “neutral” rating in a research note on Tuesday, October 28th. Thirteen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $379.59.

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.