Cadence Design Systems, Inc. $CDNS Shares Sold by Peak Financial Advisors LLC

Peak Financial Advisors LLC lowered its stake in Cadence Design Systems, Inc. (NASDAQ:CDNS) by 72.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,954 shares of the software maker’s stock after selling 5,124 shares during the period. Peak Financial Advisors LLC’s holdings in Cadence Design Systems were worth $611,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Occidental Asset Management LLC grew its holdings in shares of Cadence Design Systems by 2.3% during the third quarter. Occidental Asset Management LLC now owns 1,321 shares of the software maker’s stock valued at $464,000 after buying an additional 30 shares during the last quarter. Whittier Trust Co. raised its stake in Cadence Design Systems by 0.4% in the 3rd quarter. Whittier Trust Co. now owns 7,072 shares of the software maker’s stock worth $2,456,000 after acquiring an additional 30 shares during the last quarter. Cornerstone Wealth Group LLC lifted its position in Cadence Design Systems by 4.3% during the 3rd quarter. Cornerstone Wealth Group LLC now owns 777 shares of the software maker’s stock worth $273,000 after acquiring an additional 32 shares during the period. KRS Capital Management LLC grew its stake in Cadence Design Systems by 1.4% during the 3rd quarter. KRS Capital Management LLC now owns 2,425 shares of the software maker’s stock valued at $852,000 after purchasing an additional 33 shares during the last quarter. Finally, Kathmere Capital Management LLC increased its holdings in shares of Cadence Design Systems by 1.4% in the third quarter. Kathmere Capital Management LLC now owns 2,336 shares of the software maker’s stock valued at $821,000 after purchasing an additional 33 shares during the period. 84.85% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Cadence Design Systems

In related news, VP Paul Cunningham sold 1,000 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $297.78, for a total transaction of $297,780.00. Following the sale, the vice president owned 94,137 shares in the company, valued at approximately $28,032,115.86. This trade represents a 1.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ita M. Brennan sold 180 shares of Cadence Design Systems stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $295.03, for a total transaction of $53,105.40. Following the completion of the transaction, the director directly owned 7,470 shares of the company’s stock, valued at $2,203,874.10. The trade was a 2.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 3,185 shares of company stock valued at $963,238. Insiders own 1.99% of the company’s stock.

Cadence Design Systems Stock Down 1.0%

Shares of CDNS opened at $281.39 on Thursday. The company has a market capitalization of $76.72 billion, a price-to-earnings ratio of 69.31, a PEG ratio of 3.42 and a beta of 1.00. Cadence Design Systems, Inc. has a 52 week low of $221.56 and a 52 week high of $376.45. The stock’s 50-day moving average price is $297.17 and its 200-day moving average price is $318.71. The company has a quick ratio of 2.67, a current ratio of 2.86 and a debt-to-equity ratio of 0.45.

Cadence Design Systems (NASDAQ:CDNS) last announced its quarterly earnings results 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. Cadence Design Systems had a return on equity of 29.34% and a net margin of 20.93%.The company had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same period in the previous year, the company posted $1.88 earnings per share. Cadence Design Systems’s revenue for the quarter was up 6.2% on a year-over-year basis. 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, sell-side analysts predict that Cadence Design Systems, Inc. will post 5.41 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on CDNS shares. Needham & Company LLC reaffirmed a “buy” rating and set a $390.00 target price on shares of Cadence Design Systems in a report on Wednesday, February 18th. Stifel Nicolaus set a $395.00 price target on shares of Cadence Design Systems in a research report on Wednesday, February 18th. Wells Fargo & Company decreased their price objective on shares of 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. Morgan Stanley dropped their price objective on shares of Cadence Design Systems from $385.00 to $370.00 and set an “overweight” rating on the stock in a report on Wednesday, February 18th. Finally, Piper Sandler cut their price objective on shares of Cadence Design Systems from $355.00 to $319.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 18th. Fifteen investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Cadence Design Systems currently has a consensus rating of “Moderate Buy” and a consensus price target of $376.50.

Cadence Design Systems News Roundup

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

• Positive Sentiment: Recent fundamentals remain supportive — Q4 EPS and revenue topped expectations and management left strong FY/Q1 guidance, underpinning the company’s cash flow and backlog (fundamental tailwind).
• Positive Sentiment: Analyst targets generally sit well above the current price (median target ~$375), indicating continued analyst confidence in upside over the medium term. QuiverQuant: CDNS slides
• Neutral Sentiment: Sector backdrop: rising AI tool adoption is boosting demand for EDA/design automation overall (positive for the space, but not a company-specific catalyst). Can Rising AI Tool Adoption Lift Synopsys’ Design Automation Revenues?
• Neutral Sentiment: Reported short-interest data for March appears anomalous (entries show 0 shares / NaN changes) — data inconsistency makes short-interest signals uninformative this cycle.
• Negative Sentiment: Heavy put buying: unusually large put-option volume was reported (large one‑day increase in puts), signaling either hedging or outright bearish positioning that can pressure the stock.
• Negative Sentiment: Automatic shelf registration filed earlier this year gives the company flexibility to issue securities — investors often view this as a potential dilution/financing flag. QuiverQuant: CDNS slides
• Negative Sentiment: Notable insider selling and institutional repositioning have been reported (multiple insider sales, large fund rebalances), which can weigh on sentiment even if not company-actionable. QuiverQuant: CDNS slides
• Negative Sentiment: Macro/valuation sensitivity: commentary highlights a ~16% decline over the past six months and concerns that high multiples make the stock vulnerable to risk‑off moves and short-term profit-taking. Cadence Registers Bigger Fall Than Market

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.