Dynamic Technology Lab Private Ltd Trims Stock Holdings in Cadence Design Systems, Inc. $CDNS

Key Points

• Dynamic Technology Lab Private Ltd trimmed its stake in Cadence by 52.8%, selling 3,421 shares and retaining 3,054 shares worth about $1.073 million at the end of the quarter.
• Company insiders sold 36,480 shares this quarter — notably CFO John M. Wall sold 27,805 shares worth roughly $8.86 million — while hedge funds and other institutional investors hold 84.85% of the stock.
• Wall Street is largely bullish with 15 Buy and 3 Hold ratings and an average price target of $376.50; Cadence also beat Q3 estimates (EPS $1.99 vs. $1.91, revenue $1.44B) and set FY2026 guidance of 8.05–8.15 EPS.

Dynamic Technology Lab Private Ltd lessened its holdings in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS - Free Report) by 52.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,054 shares of the software maker's stock after selling 3,421 shares during the quarter. Dynamic Technology Lab Private Ltd's holdings in Cadence Design Systems were worth $1,073,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Y.D. More Investments Ltd purchased a new position in shares of Cadence Design Systems during the 3rd quarter valued at approximately $26,000. Caitlin John LLC bought a new stake in shares of Cadence Design Systems in the third quarter worth $29,000. Strategic Wealth Investment Group LLC acquired a new stake in Cadence Design Systems in the second quarter valued at $32,000. Promus Capital LLC acquired a new stake in Cadence Design Systems in the second quarter valued at $33,000. Finally, Robbins Farley bought a new position in Cadence Design Systems during the 3rd quarter valued at $35,000. 84.85% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on CDNS shares. Citigroup started coverage on shares of Cadence Design Systems in a report on Monday, November 24th. They set a "buy" rating and a $385.00 price objective for the company. Rosenblatt Securities restated a "buy" rating and issued a $360.00 target price on shares of Cadence Design Systems in a research note on Thursday, February 26th. Wells Fargo & Company reduced their price target on shares of Cadence Design Systems from $410.00 to $375.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 18th. Oppenheimer upgraded Cadence Design Systems from an "underperform" rating to a "market perform" rating and set a $275.00 price target for the company in a research note on Monday, December 1st. Finally, Morgan Stanley lowered their price objective on Cadence Design Systems from $385.00 to $370.00 and set an "overweight" rating for the company in a report on Wednesday, February 18th. Fifteen analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Cadence Design Systems has an average rating of "Moderate Buy" and an average price target of $376.50.

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 that occurred on Wednesday, December 10th. The shares were sold at an average price of $337.48, for a total value of $60,746.40. Following the transaction, the director owned 7,650 shares of the company's stock, valued at $2,581,722. The trade was a 2.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO John M. Wall sold 27,805 shares of the business's stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $318.57, for a total transaction of $8,857,838.85. Following the completion of the sale, the chief financial officer owned 69,957 shares in the company, valued at $22,286,201.49. The trade was a 28.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 36,480 shares of company stock worth $11,692,189. Company insiders own 0.37% of the company's stock.

Cadence Design Systems Stock Down 1.0%

CDNS opened at $296.94 on Monday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.67 and a current ratio of 2.86. The company has a market capitalization of $80.96 billion, a PE ratio of 73.14, a P/E/G ratio of 3.56 and a beta of 1.00. The stock's fifty day moving average is $304.06 and its 200-day moving average is $323.85. Cadence Design Systems, Inc. has a one year low of $221.56 and a one year high of $376.45.

Cadence Design Systems (NASDAQ:CDNS - Get Free Report) last announced its earnings results on Tuesday, February 17th. The software maker reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.91 by $0.08. The business had revenue of $1.44 billion during the quarter, compared to analysts' expectations of $1.42 billion. Cadence Design Systems had a return on equity of 29.34% and a net margin of 20.93%.The company's quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the business posted $1.88 earnings per share. 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, equities analysts predict that Cadence Design Systems, Inc. will post 5.41 EPS for the current fiscal year.

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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