ABC Arbitrage SA Reduces Position in Cadence Design Systems, Inc. $CDNS

ABC Arbitrage SA trimmed its position in Cadence Design Systems, Inc. (NASDAQ:CDNS) by 77.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,347 shares of the software maker’s stock after selling 11,377 shares during the period. ABC Arbitrage SA’s holdings in Cadence Design Systems were worth $1,176,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC raised its stake in shares of Cadence Design Systems by 80.2% during the 4th quarter. Brighton Jones LLC now owns 1,519 shares of the software maker’s stock valued at $456,000 after buying an additional 676 shares during the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of Cadence Design Systems by 3.8% during the first quarter. Integrated Wealth Concepts LLC now owns 2,203 shares of the software maker’s stock valued at $560,000 after acquiring an additional 80 shares during the last quarter. Blair William & Co. IL lifted its holdings in Cadence Design Systems by 12.6% in the 2nd quarter. Blair William & Co. IL now owns 4,512 shares of the software maker’s stock valued at $1,390,000 after purchasing an additional 506 shares in the last quarter. Blue Trust Inc. boosted its position in Cadence Design Systems by 39.0% during the second quarter. Blue Trust Inc. now owns 638 shares of the software maker’s stock worth $197,000 after acquiring an additional 179 shares during the last quarter. Finally, Concurrent Investment Advisors LLC boosted its holdings in shares of Cadence Design Systems by 26.1% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 1,408 shares of the software maker’s stock worth $434,000 after purchasing an additional 291 shares during the last quarter. Institutional investors and hedge funds own 84.85% of the company’s stock.

Insider Transactions at Cadence Design Systems

In other news, VP Paul Scannell sold 5,490 shares of Cadence Design Systems stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $339.43, for a total value of $1,863,470.70. Following the transaction, the vice president owned 20,321 shares of the company’s stock, valued at $6,897,557.03. This trade represents a 21.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Anirudh Devgan sold 20,000 shares of the company’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $340.00, for a total transaction of $6,800,000.00. Following the transaction, the chief executive officer owned 195,844 shares of the company’s stock, valued at approximately $66,586,960. The trade was a 9.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 56,475 shares of company stock worth $18,505,486. 1.99% of the stock is currently owned by company insiders.

More Cadence Design Systems News

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

Wall Street Analysts Forecast Growth

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

Cadence Design Systems Stock Performance

Cadence Design Systems stock opened at $299.65 on Thursday. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.05 and a quick ratio of 2.84. Cadence Design Systems, Inc. has a fifty-two week low of $221.56 and a fifty-two week high of $376.45. The firm’s 50 day simple moving average is $313.41 and its 200-day simple moving average is $330.94. The company has a market cap of $81.56 billion, a P/E ratio of 77.23, a price-to-earnings-growth ratio of 3.33 and a beta of 1.01.

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.