B. Metzler seel. Sohn & Co. AG Purchases 4,163 Shares of Cadence Design Systems, Inc. $CDNS

Key Points

• B. Metzler seel. Sohn & Co. AG increased its Cadence Design Systems stake by 20.9% in the second quarter, purchasing 4,163 shares and bringing its holdings to 24,037 shares valued at approximately $9.02 million.
• Cadence reported quarterly EPS of $2.11, beating estimates by $0.06, while revenue reached $1.58 billion, up 24.2% year over year. The company issued fiscal 2026 EPS guidance of $8.05 to $8.15.
• Analysts maintain a generally positive view, with 13 Buy ratings and three Holds, producing a consensus “Moderate Buy” rating and an average price target of $405.69.

B. Metzler seel. Sohn & Co. AG boosted its position in Cadence Design Systems, Inc. (NASDAQ:CDNS - Free Report) by 20.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,037 shares of the software maker's stock after purchasing an additional 4,163 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Cadence Design Systems were worth $9,022,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of CDNS. Whipplewood Advisors LLC grew its position in Cadence Design Systems by 933.3% during the first quarter. Whipplewood Advisors LLC now owns 93 shares of the software maker's stock worth $26,000 after buying an additional 84 shares in the last quarter. Brown Lisle Cummings Inc. increased its stake in Cadence Design Systems by 860.0% in the 1st quarter. Brown Lisle Cummings Inc. now owns 96 shares of the software maker's stock worth $27,000 after acquiring an additional 86 shares during the last quarter. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of Cadence Design Systems in the 4th quarter valued at about $28,000. Swiss RE Ltd. purchased a new stake in shares of Cadence Design Systems in the 4th quarter valued at about $29,000. Finally, Avalon Trust Co bought a new stake in shares of Cadence Design Systems during the 2nd quarter valued at about $30,000. 84.85% of the stock is owned by institutional investors.

Cadence Design Systems Stock Performance

NASDAQ:CDNS opened at $306.67 on Thursday. The business has a 50 day moving average of $344.53 and a 200 day moving average of $334.07. The company has a market capitalization of $84.45 billion, a price-to-earnings ratio of 60.97, a PEG ratio of 3.36 and a beta of 1.14. Cadence Design Systems, Inc. has a 1-year low of $262.75 and a 1-year high of $416.69. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.74 and a quick ratio of 1.53.

Cadence Design Systems (NASDAQ:CDNS - Get Free Report) last issued its earnings results on Monday, July 27th. The software maker reported $2.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.05 by $0.06. The business had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.58 billion. Cadence Design Systems had a return on equity of 27.98% and a net margin of 23.60%.Cadence Design Systems's revenue for the quarter was up 24.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.65 earnings per share. Cadence Design Systems has set its FY 2026 guidance at 8.050-8.150 EPS and its Q3 2026 guidance at 2.010-2.070 EPS. On average, sell-side analysts predict that Cadence Design Systems, Inc. will post 6.4 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently commented on CDNS. Piper Sandler boosted their price objective on Cadence Design Systems from $325.00 to $349.00 and gave the stock a "neutral" rating in a report on Tuesday, July 28th. Benchmark reaffirmed a "buy" rating on shares of Cadence Design Systems in a research note on Tuesday, July 28th. KeyCorp reiterated an "overweight" rating on shares of Cadence Design Systems in a research report on Tuesday, July 28th. Weiss Ratings raised shares of Cadence Design Systems from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, July 30th. Finally, Wall Street Zen raised shares of Cadence Design Systems from a "hold" rating to a "buy" rating in a report on Saturday, August 1st. Thirteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $405.69.

Insider Buying and Selling at Cadence Design Systems

In other news, Director Ita M. Brennan sold 180 shares of Cadence Design Systems stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $387.45, for a total value of $69,741.00. Following the transaction, the director owned 8,004 shares in the company, valued at approximately $3,101,149.80. The trade was a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Paul Cunningham sold 2,000 shares of the business's stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $323.32, for a total value of $646,640.00. Following the completion of the sale, the vice president directly owned 124,586 shares of the company's stock, valued at approximately $40,281,145.52. This trade represents a 1.58% 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. Over the last quarter, insiders sold 7,221 shares of company stock valued at $2,570,606. 0.49% of the stock is currently owned by 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.

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