Nordea Investment Management AB Sells 318,632 Shares of Cadence Design Systems, Inc. $CDNS

Nordea Investment Management AB lessened its stake in Cadence Design Systems, Inc. (NASDAQ:CDNS) by 46.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 373,501 shares of the software maker’s stock after selling 318,632 shares during the period. Nordea Investment Management AB owned 0.14% of Cadence Design Systems worth $117,178,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Cadence Design Systems in the 2nd quarter worth approximately $1,190,618,000. Massachusetts Financial Services Co. MA raised its stake in shares of Cadence Design Systems by 16.0% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 5,314,407 shares of the software maker’s stock worth $1,866,739,000 after acquiring an additional 731,788 shares in the last quarter. Voya Investment Management LLC lifted its position in Cadence Design Systems by 914.2% during the third quarter. Voya Investment Management LLC now owns 691,071 shares of the software maker’s stock valued at $242,746,000 after acquiring an additional 622,934 shares during the last quarter. Scge Management L.P. acquired a new stake in Cadence Design Systems in the second quarter valued at approximately $187,663,000. Finally, Invesco Ltd. boosted its stake in Cadence Design Systems by 20.4% in the third quarter. Invesco Ltd. now owns 2,942,746 shares of the software maker’s stock valued at $1,033,669,000 after acquiring an additional 499,009 shares in the last quarter. 84.85% of the stock is currently owned by institutional investors.

Cadence Design Systems Trading Down 1.2%

NASDAQ CDNS opened at $283.90 on Monday. The company has a fifty day simple moving average of $299.24 and a two-hundred day simple moving average of $319.85. The stock has a market cap of $77.41 billion, a P/E ratio of 69.93, a P/E/G ratio of 3.41 and a beta of 1.00. Cadence Design Systems, Inc. has a 12-month low of $221.56 and a 12-month high of $376.45. The company has a current ratio of 2.86, a quick ratio of 2.67 and a debt-to-equity ratio of 0.45.

Cadence Design Systems (NASDAQ:CDNS) last announced its quarterly earnings data on Tuesday, February 17th. The software maker reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.91 by $0.08. Cadence Design Systems had a net margin of 20.93% and a return on equity of 29.34%. The firm had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same period in the previous year, the company earned $1.88 earnings per share. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. 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 forecast that Cadence Design Systems, Inc. will post 5.41 earnings per share for the current year.

Insider Activity

In other news, Director Ita M. Brennan sold 180 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $295.03, for a total value of $53,105.40. Following the completion of the transaction, the director directly owned 7,470 shares in the company, valued at $2,203,874.10. This trade represents a 2.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Paul Cunningham sold 1,000 shares of Cadence Design Systems stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $297.78, for a total value of $297,780.00. Following the sale, the vice president directly owned 94,137 shares of the company’s stock, valued at $28,032,115.86. This trade represents a 1.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 3,185 shares of company stock worth $963,238. Company insiders own 1.99% of the company’s stock.

Key Cadence Design Systems News

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

• Positive Sentiment: Cadence expanded its strategic work with NVIDIA to power “agentic AI” capabilities that accelerate chip design, verification and system-level innovation — a narrative that supports long-term growth and Cadence’s role in AI-driven EDA demand. Cadence and NVIDIA Redefining Chip Design With Agentic AI: Here’s How
• Positive Sentiment: Flexcompute launched a PhotonForge connector for Cadence Virtuoso Studio, integrating GPU‑accelerated photonic simulation into Cadence’s EPDA workflow — strengthens Cadence’s ecosystem and could broaden addressable markets (AI data‑center photonics). Flexcompute Launches PhotonForge Connector for Cadence Virtuoso Studio
• Positive Sentiment: Analyst coverage remains generally favorable: multiple buy/overweight ratings and a consensus target well above current levels support upside expectations over time (MarketBeat summary of recent analyst notes). Cadence (CDNS) analyst & market summary
• Neutral Sentiment: General media/retail attention: Zacks/Yahoo flagged Cadence as attracting investor interest — useful as a gauge of retail/search activity but not a direct catalyst. Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention
• Neutral Sentiment: Reported short-interest data in feeds appears anomalous (shows 0 shares / 0 days-to-cover) — likely a reporting glitch; no clear short-squeeze risk or pressure indicated by these figures. (No article link available)
• Negative Sentiment: Insider selling: a Cadence director sold 180 shares (~$53k) — small in size but often read by traders as modest negative signal when combined with other near-term weakness. Insider Selling: Cadence Director Sells 180 Shares
• Negative Sentiment: Near-term sentiment pressure: articles note the stock is down since the last earnings report and discuss earnings/estimate dynamics — investors remain focused on execution and guidance vs. elevated valuation (reason for short-term weakness). Why Is Cadence (CDNS) Down 5% Since Last Earnings Report?

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on CDNS shares. Piper Sandler reduced their price target on Cadence Design Systems from $355.00 to $319.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Stifel Nicolaus set a $395.00 price objective on Cadence Design Systems in a research report on Wednesday, February 18th. Morgan Stanley dropped their target price on Cadence Design Systems from $385.00 to $370.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 18th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cadence Design Systems in a research report on Monday, December 29th. Finally, Wells Fargo & Company decreased their price target on Cadence Design Systems from $410.00 to $375.00 and set an “overweight” rating for the company in a research note on Wednesday, February 18th. Fifteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $376.50.

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.