Skandinaviska Enskilda Banken AB publ Sells 2,884 Shares of Cadence Design Systems, Inc. $CDNS

Skandinaviska Enskilda Banken AB publ trimmed its position in Cadence Design Systems, Inc. (NASDAQ:CDNS) by 2.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 100,590 shares of the software maker’s stock after selling 2,884 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Cadence Design Systems were worth $35,331,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Robbins Farley acquired a new stake in Cadence Design Systems in the 3rd quarter valued at approximately $35,000. Cloud Capital Management LLC bought a new position in shares of Cadence Design Systems during the 3rd quarter worth approximately $35,000. Strategic Wealth Investment Group LLC acquired a new stake in shares of Cadence Design Systems in the second quarter valued at approximately $32,000. Promus Capital LLC bought a new stake in shares of Cadence Design Systems in the second quarter worth $33,000. Finally, Heartwood Wealth Advisors LLC acquired a new position in Cadence Design Systems during the third quarter worth $39,000. 84.85% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Cadence Design Systems

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

• Positive Sentiment: Q4 results: Cadence beat EPS estimates and showed revenue growth (revenue $1.44B, +6.2% Y/Y; EPS $1.99 vs. $1.90 consensus). The quarter also featured stronger gross profit, operating cash flow and higher cash balances—fundamentals that support longer‑term growth expectations. Cadence Design Systems (CDNS) Beats Q4 Earnings and Revenue Estimates
• Positive Sentiment: Aggressive forward guidance: Management set FY2026 EPS guidance of $8.05–8.15 and Q1 FY2026 EPS of $1.890–1.950, both well above sell‑side consensus (FY consensus ~5.45; Q1 consensus ~1.74). That upside to guidance is material and could support higher valuation if sustained. (Company guidance release)
• Neutral Sentiment: Company press release: Full financial results and conference call are available; investors will parse the call for color on AI-driven demand, backlog, and customer cadence to judge sustainability of the elevated guidance. Cadence Reports Fourth Quarter and Fiscal Year 2025 Financial Results
• Neutral Sentiment: Analyst coverage is mixed: several firms maintain buy/overweight ratings and high price targets (median target cited ~$390), while some firms are cautious; Rosenblatt reaffirmed a neutral rating with a $335 PT. These divergent views leave near‑term reaction driven by guidance verification. Rosenblatt neutral rating
• Negative Sentiment: Insider selling and institutional reductions: recent filings and data show many insider sales (multiple senior execs) and large institutional trims (e.g., UBS, BlackRock reduced holdings materially), which can pressure the stock and signal profit‑taking. Quiver Quant: Q4 results, insider and institutional activity
• Negative Sentiment: Valuation and modest quarter-over-quarter growth: despite the beat, revenue growth was single‑digit (6.2% Y/Y) and the stock trades at a high multiple (PE ~73), which can amplify downside if investors doubt the sustainability of the lofty guidance. Zacks: Key metrics vs. estimates

Wall Street Analyst Weigh In

Several brokerages have issued reports on CDNS. Oppenheimer upgraded shares of Cadence Design Systems from an “underperform” rating to a “market perform” rating and set a $275.00 price target on the stock in a research note on Monday, December 1st. JPMorgan Chase & Co. lifted their target price on Cadence Design Systems from $390.00 to $405.00 and gave the company an “overweight” rating in a research report on Tuesday, October 28th. Needham & Company LLC reiterated a “buy” rating and set a $390.00 target price on shares of Cadence Design Systems in a report on Monday, December 22nd. Robert W. Baird increased their price target on Cadence Design Systems from $390.00 to $418.00 and gave the company an “outperform” rating in a research report on Tuesday, October 28th. Finally, Citigroup initiated coverage on Cadence Design Systems in a research report on Monday, November 24th. They set a “buy” rating and a $385.00 price target on the stock. Thirteen research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $379.59.

Insider Activity

In other news, CEO Anirudh Devgan sold 20,000 shares of the stock in a transaction dated 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 transaction, the chief executive officer directly owned 195,844 shares of the company’s stock, valued at $66,586,960. This represents a 9.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Paul Cunningham sold 1,000 shares of Cadence Design Systems stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $295.09, for a total transaction of $295,090.00. Following the sale, the vice president directly owned 95,137 shares of the company’s stock, valued at $28,073,977.33. The trade was a 1.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 56,475 shares of company stock valued at $18,505,486. 0.37% of the stock is owned by company insiders.

Cadence Design Systems Price Performance

Shares of NASDAQ CDNS opened at $283.46 on Wednesday. The company has a quick ratio of 2.84, a current ratio of 3.05 and a debt-to-equity ratio of 0.48. The business’s 50 day moving average price is $309.88 and its two-hundred day moving average price is $328.89. The company has a market cap of $77.16 billion, a PE ratio of 73.06, a price-to-earnings-growth ratio of 3.33 and a beta of 1.01. Cadence Design Systems, Inc. has a twelve month low of $221.56 and a twelve month high of $376.45.

Cadence Design Systems (NASDAQ:CDNS) last released its quarterly earnings data on Tuesday, February 17th. The software maker reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.91 by $0.08. The company had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.42 billion. Cadence Design Systems had a return on equity of 30.13% and a net margin of 20.35%.The business’s revenue was up 6.2% on a year-over-year basis. During the same period last year, the firm posted $1.88 earnings per share. 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. On average, analysts predict that Cadence Design Systems, Inc. will post 5.41 EPS for the current 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.