Caprock Group LLC Sells 1,852 Shares of Cadence Design Systems, Inc. $CDNS

Caprock Group LLC reduced its stake in Cadence Design Systems, Inc. (NASDAQ:CDNS) by 13.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,589 shares of the software maker’s stock after selling 1,852 shares during the period. Caprock Group LLC’s holdings in Cadence Design Systems were worth $3,623,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Y.D. More Investments Ltd bought a new stake in Cadence Design Systems in the 3rd quarter valued at $26,000. Caitlin John LLC bought a new stake in Cadence Design Systems in the 3rd quarter valued at $29,000. Lodestone Wealth Management LLC bought a new stake in Cadence Design Systems in the 4th quarter valued at $30,000. Imprint Wealth LLC bought a new stake in Cadence Design Systems in the 3rd quarter valued at $31,000. Finally, Strategic Wealth Investment Group LLC purchased a new position in shares of Cadence Design Systems in the 2nd quarter worth $32,000. 84.85% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Cadence Design Systems

In other Cadence Design Systems news, VP Paul Cunningham sold 1,000 shares of the business’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $280.19, for a total value of $280,190.00. Following the completion of the sale, the vice president directly owned 128,586 shares of the company’s stock, valued at $36,028,511.34. The trade was a 0.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John M. Wall sold 21,500 shares of the business’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $309.45, for a total transaction of $6,653,175.00. Following the completion of the sale, the chief financial officer directly owned 86,875 shares of the company’s stock, valued at approximately $26,883,468.75. This trade represents a 19.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 24,680 shares of company stock valued at $7,579,340 in the last three months. Company insiders own 0.49% of the company’s stock.

Cadence Design Systems Price Performance

Cadence Design Systems stock opened at $314.33 on Friday. The stock has a market cap of $86.78 billion, a price-to-earnings ratio of 77.42, a price-to-earnings-growth ratio of 3.98 and a beta of 1.04. 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, Inc. has a 1 year low of $262.75 and a 1 year high of $376.45. The firm has a 50-day moving average of $293.06 and a two-hundred day moving average of $309.82.

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 the consensus estimate 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 net margin of 20.93% and a return on equity of 29.34%. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.88 EPS. 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, research analysts forecast that Cadence Design Systems, Inc. will post 6.51 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Stifel Nicolaus set a $395.00 price objective on shares of Cadence Design Systems in a research note on Wednesday, February 18th. Needham & Company LLC lifted their price objective on shares of Cadence Design Systems from $390.00 to $400.00 and gave the stock a “buy” rating in a research note on Monday. Piper Sandler dropped their price objective on shares of Cadence Design Systems from $355.00 to $319.00 and set a “neutral” rating for the company in a research note on Wednesday, February 18th. Weiss Ratings reissued a “hold (c)” rating on shares of Cadence Design Systems in a research note on Monday, December 29th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $360.00 price objective 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 issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $377.06.

Trending Headlines about Cadence Design Systems

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

• Positive Sentiment: Expanded TSMC alliance — Cadence broadened its collaboration with TSMC to deliver silicon‑proven IP, signoff‑ready flows and AI‑driven design infrastructure for N3/N2/A16/A14 nodes, which should speed advanced AI chip development and improve customer time‑to‑market. Cadence Expands TSMC Alliance to Boost Advanced AI Chip Design
• Positive Sentiment: Deeper NVIDIA partnership — Cadence and NVIDIA expanded work on agentic AI, digital twins and simulation integration, reinforcing Cadence’s role in AI‑driven EDA workflows and potentially widening addressable market for high‑margin software/IP. Cadence And NVIDIA Deepen AI Partnership As Valuation Stays Demanding
• Positive Sentiment: Google collaboration — Cadence is working with Google to optimize its ChipStack AI Super‑Agent with Gemini on Google Cloud, supporting agentic, cloud‑native chip design workflows that could accelerate customer adoption. Alphabet Inc. (GOOGL)’s Google Partners with Cadence to Advance Chip Development
• Positive Sentiment: Analyst bullishness — Needham raised its price target to $400, signaling continued analyst conviction in Cadence’s growth runway from agentic AI and EDA/IP exposure. Needham & Company LLC Raises Cadence Design Systems (NASDAQ:CDNS) Price Target to $400.00
• Neutral Sentiment: Q1 earnings near — analysts expect Cadence to report results soon; previews point to strong AI‑driven demand and backlog but warn macro and competitive pressures could affect guidance and sentiment. Earnings could be a catalyst either way. Cadence Design to Release Q1 Earnings: Here’s What to Expect
• Negative Sentiment: Insider selling — a reported sale of 21,500 shares by John Wall may have heightened near‑term selling pressure and raised caution among some investors. John Wall Sells 21,500 Shares of Cadence Design Systems (NASDAQ:CDNS) Stock
• Negative Sentiment: Market reaction & valuation concerns — commentary flagged that Cadence’s pullback exceeded the broader market decline today; with a rich valuation (high P/E) and recent run‑up, investors appear to be taking profits ahead of the upcoming report. Cadence Design Systems (CDNS) Suffers a Larger Drop Than the General Market: Key Insights

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.