2,313 Shares in Cadence Design Systems, Inc. $CDNS Acquired by Empirical Asset Management LLC

Empirical Asset Management LLC purchased a new stake in Cadence Design Systems, Inc. (NASDAQ:CDNS) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,313 shares of the software maker’s stock, valued at approximately $812,000.

Several other large investors have also recently added to or reduced their stakes in CDNS. Y.D. More Investments Ltd bought a new position in Cadence Design Systems during the third quarter worth about $26,000. Strategic Wealth Investment Group LLC acquired a new position in shares of Cadence Design Systems during the 2nd quarter worth approximately $32,000. Promus Capital LLC bought a new position in shares of Cadence Design Systems during the second quarter worth approximately $33,000. Robbins Farley acquired a new stake in shares of Cadence Design Systems in the third quarter valued at approximately $35,000. Finally, Cloud Capital Management LLC bought a new stake in shares of Cadence Design Systems in the third quarter valued at approximately $35,000. Institutional investors own 84.85% of the company’s stock.

Cadence Design Systems Trading Up 3.9%

Shares of Cadence Design Systems stock opened at $301.84 on Thursday. The stock has a market capitalization of $82.30 billion, a PE ratio of 74.35, a price-to-earnings-growth ratio of 3.57 and a beta of 1.01. Cadence Design Systems, Inc. has a 52 week low of $221.56 and a 52 week high of $376.45. The stock has a 50 day moving average price of $306.33 and a two-hundred day moving average price of $326.44. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.67 and a current ratio of 2.86.

Cadence Design Systems (NASDAQ:CDNS) last issued its earnings results on Tuesday, February 17th. The software maker reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.91 by $0.08. The company had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.42 billion. Cadence Design Systems had a return on equity of 29.34% and a net margin of 20.93%.Cadence Design Systems’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period last year, the business 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. As a group, equities analysts anticipate that Cadence Design Systems, Inc. will post 5.41 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on CDNS. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cadence Design Systems in a report on Monday, December 29th. Morgan Stanley dropped their price target on Cadence Design Systems from $385.00 to $370.00 and set an “overweight” rating for the company in a research note on Wednesday, February 18th. Stifel Nicolaus set a $395.00 price objective on shares of Cadence Design Systems in a research note on Wednesday, February 18th. Rosenblatt Securities raised shares of Cadence Design Systems from a “neutral” rating to a “buy” rating and raised their target price for the company from $335.00 to $360.00 in a report on Wednesday, February 18th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $390.00 price target on shares of Cadence Design Systems in a report on Wednesday, February 18th. Fifteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $376.50.

Key Cadence Design Systems News

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

• Positive Sentiment: Q4 beat and management commentary point to durable AI-driven demand — Cadence topped revenue and EPS estimates for Q4 and management highlighted accelerating adoption of AI-powered EDA tools and stronger IP demand, which supports near-term revenue visibility. 5 Revealing Analyst Questions From Cadence Design Systems’s Q4 Earnings Call
• Positive Sentiment: Analyst support and price-target lift — Bank of America (covered in TipRanks) reiterated a Buy and a $375 target, giving investors a higher reference price and reinforcing buy-side conviction. Cadence Design Systems: Strategic Hexagon Acquisition and Discounted Valuation Support Buy Rating and $375 Target
• Positive Sentiment: Broader semiconductor strength (NVIDIA beat) supports EDA demand — NVIDIA’s blowout results and surging data-center spend are a positive signal for chip design activity, which typically increases demand for Cadence’s software and IP. NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2026
• Neutral Sentiment: Investor visibility event — CEO Anirudh Devgan will present at a Morgan Stanley conference, a standard investor-relations event that can help maintain institutional interest but is unlikely to move fundamentals immediately. Cadence’s Anirudh Devgan to Present at Morgan Stanley Conference
• Neutral Sentiment: Media and retail attention — Jim Cramer mentions and heavy search interest (coverage on Yahoo/Zacks) can amplify short-term retail flows but don’t change company fundamentals. Jim Cramer Discusses Cadence Design Systems (CDNS)
• Neutral Sentiment: Odd short-interest data — a recent short-interest report contained anomalous/zero values, so it doesn’t provide a reliable signal about bearish positioning right now.
• Negative Sentiment: Valuation and cautionary takes — some articles highlight one skeptical point (and general valuation risk) despite strong cash flow; investors worried about a high P/E and where growth will come from may be cautious. 2 Reasons to Like CDNS and 1 to Stay Skeptical
• Negative Sentiment: Cash-generation caution — a broader piece on cash-producing stocks warns that strong cash balances aren’t enough if capital allocation or reinvestment falters; that is a risk some investors are watching for Cadence. 2 Cash-Producing Stocks Worth Your Attention and 1 We Find Risky

Insider Activity at Cadence Design Systems

In related news, CEO Anirudh Devgan sold 20,000 shares of the company’s 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 sale, the chief executive officer owned 195,844 shares in the company, valued at $66,586,960. This represents a 9.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO John M. Wall sold 27,805 shares of Cadence Design Systems stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $318.57, for a total value of $8,857,838.85. Following the transaction, the chief financial officer owned 69,957 shares of the company’s stock, valued at $22,286,201.49. This trade represents a 28.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 56,475 shares of company stock valued at $18,505,486 over the last quarter. 1.99% of the stock is currently owned by company insiders.

About Cadence Design Systems

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.