5,400 Shares in Cadence Design Systems, Inc. $CDNS Purchased by Krane Funds Advisors LLC

Key Points

• Krane Funds Advisors LLC disclosed a new fourth-quarter stake in Cadence Design Systems, buying 5,400 shares valued at about $1.69 million.
• Other institutional investors also increased or initiated positions, and institutions now own 84.85% of the company, underscoring continued professional investor interest in CDNS.
• Analysts remain broadly positive: Cadence has a “Moderate Buy” rating consensus, with recent price targets up to $440, while the company’s latest earnings beat expectations and showed 18.6% revenue growth.

Krane Funds Advisors LLC bought a new stake in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 5,400 shares of the software maker's stock, valued at approximately $1,688,000.

Other hedge funds also recently modified their holdings of the company. Sun Financial Inc bought a new position in Cadence Design Systems during the fourth quarter worth about $1,225,000. MUFG Securities EMEA plc lifted its holdings in shares of Cadence Design Systems by 113.9% during the 4th quarter. MUFG Securities EMEA plc now owns 11,159 shares of the software maker's stock valued at $3,488,000 after purchasing an additional 5,943 shares in the last quarter. DDD Partners LLC grew its position in shares of Cadence Design Systems by 27.4% in the 4th quarter. DDD Partners LLC now owns 41,968 shares of the software maker's stock valued at $13,118,000 after purchasing an additional 9,024 shares during the period. Leonteq Securities AG acquired a new position in shares of Cadence Design Systems in the 4th quarter valued at approximately $1,105,000. Finally, Jones Financial Companies Lllp increased its stake in Cadence Design Systems by 28.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 8,044 shares of the software maker's stock worth $2,816,000 after purchasing an additional 1,779 shares in the last quarter. Institutional investors own 84.85% of the company's stock.

Key Stories Impacting Cadence Design Systems

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

• Positive Sentiment: Cadence is still being viewed favorably by analysts, with reports highlighting its strong position in EDA software, AI-driven workflows, and expanding system design offerings. One recent bullish note called it a long-term winner in the AI and semiconductor “arms race,” citing 19% Q1 revenue growth, a record $8 billion backlog, and a $470 price target. Article: Cadence: The Silicon Arms Race Is Just Getting Started
• Positive Sentiment: Cadence signed a licensing deal with Aeva to use Tensilica Vision DSP technology in next-generation 4D LiDAR systems, extending CDNS’s reach into AI sensing hardware and adding another growth angle beyond core chip-design software. Article: Cadence Aeva LiDAR Deal Extends AI Sensing Role For Investors
• Neutral Sentiment: Cadence remains a heavily watched stock among investors, which may be drawing attention ahead of any future catalysts, but the “trending” coverage itself does not change fundamentals. Article: Is Trending Stock Cadence Design Systems, Inc. (CDNS) a Buy Now?
• Neutral Sentiment: The company’s recent conference appearance kept Cadence in front of investors, but it did not include a major new financial update, so the impact on the stock is likely limited. Article: Cadence Design Systems, Inc. Presents at Bank of America 2026 Global Technology Conference Transcript
• Negative Sentiment: Recent insider selling by CEO Anirudh Devgan and VP Paul Scannell may be weighing on sentiment, even though the trades were made under pre-arranged 10b5-1 plans. Article: Insider trade details for Anirudh Devgan
• Negative Sentiment: Unusual put-option trading and headlines noting CDNS underperformed the broader market suggest some investors are positioning for more downside or taking profits after the stock’s strong move higher. Article: Here's Why Cadence Design Systems (CDNS) Fell More Than Broader Market

Insider Buying and Selling

In other Cadence Design Systems news, VP Paul Scannell sold 7,081 shares of the business's stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $393.91, for a total transaction of $2,789,276.71. Following the transaction, the vice president owned 32,181 shares of the company's stock, valued at $12,676,417.71. The trade was a 18.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Paul Cunningham sold 1,000 shares of the company's stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $337.49, for a total value of $337,490.00. Following the sale, the vice president owned 127,586 shares in the company, valued at approximately $43,058,999.14. This represents a 0.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 176,046 shares of company stock worth $65,830,801 in the last three months. Insiders own 0.49% of the company's stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Berenberg Bank set a $440.00 price target on shares of Cadence Design Systems in a research note on Wednesday, May 27th. Robert W. Baird boosted their price objective on shares of Cadence Design Systems from $381.00 to $385.00 and gave the company an "outperform" rating in a research report on Tuesday, April 28th. Stifel Nicolaus set a $395.00 target price on shares of Cadence Design Systems in a research note on Wednesday, February 18th. Needham & Company LLC reiterated a "buy" rating and set a $400.00 target price on shares of Cadence Design Systems in a report on Tuesday, April 28th. Finally, Citigroup lifted their price target on Cadence Design Systems from $385.00 to $400.00 and gave the company a "buy" rating in a research note on Wednesday, April 29th. Fourteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $384.41.

Cadence Design Systems Stock Performance

Shares of CDNS stock opened at $376.19 on Monday. Cadence Design Systems, Inc. has a 12 month low of $262.75 and a 12 month high of $416.69. The company's fifty day simple moving average is $333.17 and its 200-day simple moving average is $315.86. The firm has a market cap of $103.76 billion, a PE ratio of 87.69, a P/E/G ratio of 4.45 and a beta of 1.15. The company has a quick ratio of 1.32, a current ratio of 1.47 and a debt-to-equity ratio of 0.38.

Cadence Design Systems (NASDAQ:CDNS - Get Free Report) last released its earnings results on Monday, April 27th. The software maker reported $1.96 earnings per share for the quarter, beating analysts' consensus estimates of $1.91 by $0.05. Cadence Design Systems had a net margin of 21.18% and a return on equity of 28.44%. The business had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter last year, the firm earned $1.57 earnings per share. The firm's revenue for the quarter was up 18.6% compared to the same quarter last year. Cadence Design Systems has set its FY 2026 guidance at 7.850-7.950 EPS and its Q2 2026 guidance at 2.020-2.080 EPS. Equities research analysts expect that Cadence Design Systems, Inc. will post 6.23 EPS for the current fiscal year.

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.

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