Cadence Design Systems, Inc. $CDNS Stock: Seilern Investment Management Ltd Boosts Position

Key Points

• Seilern Investment Management increased its Cadence Design Systems stake by 17.7% in the third quarter, bringing its holdings to 134,530 shares worth approximately $44.4 million. Institutional investors collectively own 84.85% of CDNS.
• Cadence reported quarterly EPS of $2.11, beating estimates of $2.05, while revenue rose 24.2% year over year to $1.58 billion. The company guided to fiscal 2026 EPS of $8.05–$8.15.
• Analysts maintain a generally positive outlook, with an average “Moderate Buy” rating and a $404.14 price target versus the stock’s reported price of $336.83. Insiders, however, sold 6,960 shares worth about $2.19 million during the quarter.

Seilern Investment Management Ltd increased its holdings in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS - Free Report) by 17.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 134,530 shares of the software maker's stock after acquiring an additional 20,209 shares during the period. Cadence Design Systems makes up approximately 5.6% of Seilern Investment Management Ltd's portfolio, making the stock its 9th biggest holding. Seilern Investment Management Ltd's holdings in Cadence Design Systems were worth $44,420,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Whipplewood Advisors LLC boosted its position in shares of Cadence Design Systems by 933.3% during the 1st quarter. Whipplewood Advisors LLC now owns 93 shares of the software maker's stock worth $26,000 after purchasing an additional 84 shares in the last quarter. Brown Lisle Cummings Inc. increased its holdings in shares of Cadence Design Systems by 860.0% in the 1st quarter. Brown Lisle Cummings Inc. now owns 96 shares of the software maker's stock valued at $27,000 after purchasing an additional 86 shares in the last quarter. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Cadence Design Systems in the fourth quarter valued at about $28,000. Avalon Trust Co acquired a new stake in shares of Cadence Design Systems in the second quarter valued at about $30,000. Finally, Burkett Financial Services LLC purchased a new stake in Cadence Design Systems during the third quarter worth about $30,000. Institutional investors and hedge funds own 84.85% of the company's stock.

Cadence Design Systems Price Performance

NASDAQ CDNS traded down $11.59 during trading hours on Tuesday, reaching $336.83. The company's stock had a trading volume of 787,814 shares, compared to its average volume of 2,436,537. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.53 and a current ratio of 1.74. The company's 50-day moving average is $319.81 and its two-hundred day moving average is $337.89. Cadence Design Systems, Inc. has a fifty-two week low of $262.75 and a fifty-two week high of $416.69. The stock has a market cap of $92.76 billion, a PE ratio of 66.95, a PEG ratio of 3.78 and a beta of 1.13.

Cadence Design Systems (NASDAQ:CDNS - Get Free Report) last announced its earnings results on Monday, July 27th. The software maker reported $2.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.05 by $0.06. Cadence Design Systems had a net margin of 23.60% and a return on equity of 27.98%. The company had revenue of $1.58 billion during the quarter, compared to analysts' expectations of $1.58 billion. During the same quarter in the previous year, the business posted $1.65 earnings per share. The firm's quarterly revenue was up 24.2% compared to the same quarter last year. 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. Analysts forecast that Cadence Design Systems, Inc. will post 6.41 EPS for the current year.

Insider Buying and Selling at Cadence Design Systems

In related news, VP Paul Scannell sold 280 shares of the company's stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $339.00, for a total value of $94,920.00. Following the sale, the vice president owned 31,720 shares of the company's stock, valued at approximately $10,753,080. This represents a 0.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Albert Sangiovanni-Vincentelli sold 1,250 shares of the stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $350.07, for a total value of $437,587.50. Following the sale, the director owned 39,544 shares in the company, valued at approximately $13,843,168.08. This trade represents a 3.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 6,960 shares of company stock valued at $2,185,879. Company insiders own 0.49% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on CDNS. The Goldman Sachs Group upped their target price on shares of Cadence Design Systems from $410.00 to $470.00 and gave the stock a "buy" rating in a research report on Monday, July 13th. Oppenheimer reaffirmed a "market perform" rating and issued a $300.00 target price (up from $275.00) on shares of Cadence Design Systems in a report on Tuesday, July 28th. Wall Street Zen upgraded shares of Cadence Design Systems from a "hold" rating to a "buy" rating in a research report on Monday. KeyCorp reissued an "overweight" rating on shares of Cadence Design Systems in a research note on Tuesday, July 28th. Finally, Morgan Stanley reissued an "overweight" rating and set a $400.00 price target (up from $370.00) on shares of Cadence Design Systems in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $404.14.

Cadence Design Systems Company Profile

Cadence Design Systems, Inc is a technology company that develops electronic design automation (EDA) software, hardware, and semiconductor intellectual property. Its products help engineers design, verify, analyze, and manufacture complex semiconductor chips, printed circuit boards, and electronic systems.

The company's offerings include digital and custom/analog integrated-circuit design tools, functional verification and emulation platforms, semiconductor intellectual property, and system analysis solutions.

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