Seilern Investment Management Ltd Has $56.54 Million Stock Position in Cadence Design Systems, Inc. $CDNS

Key Points

• Seilern Investment Management boosted its stake in Cadence Design Systems (NASDAQ:CDNS) by 556.7% in Q4 to 180,878 shares worth $56.54 million, representing 4.4% of Seilern’s portfolio and about 0.07% of Cadence.
• Institutional ownership is high at 84.85%, with large new or increased positions from investors like Norges Bank (~$1.19B), Massachusetts Financial Services, Voya, and Invesco.
• Cadence beat quarterly estimates with $1.99 EPS vs. $1.91 expected and $1.44B revenue, gave Q1 FY26 EPS guidance of 1.890–1.950 and FY26 guidance of 8.050–8.150, and carries a consensus rating of "Moderate Buy" with an average target of $376.50.

Seilern Investment Management Ltd increased its stake in Cadence Design Systems, Inc. (NASDAQ:CDNS - Free Report) by 556.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 180,878 shares of the software maker's stock after purchasing an additional 153,334 shares during the quarter. Cadence Design Systems makes up 4.4% of Seilern Investment Management Ltd's investment portfolio, making the stock its 15th largest holding. Seilern Investment Management Ltd owned about 0.07% of Cadence Design Systems worth $56,539,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Cadence Design Systems in the second quarter worth about $1,190,618,000. Massachusetts Financial Services Co. MA raised its holdings in shares of Cadence Design Systems by 16.0% during the third quarter. Massachusetts Financial Services Co. MA now owns 5,314,407 shares of the software maker's stock valued at $1,866,739,000 after acquiring an additional 731,788 shares during the period. Voya Investment Management LLC raised its holdings in shares of Cadence Design Systems by 914.2% during the third quarter. Voya Investment Management LLC now owns 691,071 shares of the software maker's stock valued at $242,746,000 after acquiring an additional 622,934 shares during the period. Scge Management L.P. purchased a new stake in shares of Cadence Design Systems in the 2nd quarter valued at approximately $187,663,000. Finally, Invesco Ltd. lifted its position in shares of Cadence Design Systems by 20.4% in the 3rd quarter. Invesco Ltd. now owns 2,942,746 shares of the software maker's stock valued at $1,033,669,000 after acquiring an additional 499,009 shares in the last quarter. 84.85% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CDNS has been the topic of several research analyst reports. Citigroup began coverage on shares of Cadence Design Systems in a research report on Monday, November 24th. They set a "buy" rating and a $385.00 price objective on the stock. Rosenblatt Securities restated a "buy" rating and issued a $360.00 target price on shares of Cadence Design Systems in a report on Thursday, February 26th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Cadence Design Systems in a research report on Monday, December 29th. Oppenheimer upgraded Cadence Design Systems from an "underperform" rating to a "market perform" rating and set a $275.00 price target on the stock in a report on Monday, December 1st. Finally, Stifel Nicolaus set a $395.00 price target on Cadence Design Systems in a research report on Wednesday, February 18th. Fifteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $376.50.

Cadence Design Systems Stock Performance

Shares of CDNS opened at $292.52 on Tuesday. The company's 50 day moving average price is $298.58 and its 200 day moving average price is $319.45. Cadence Design Systems, Inc. has a 52 week low of $221.56 and a 52 week high of $376.45. The company has a market capitalization of $79.76 billion, a PE ratio of 72.05, a PEG ratio of 3.41 and a beta of 1.00. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.67 and a current ratio of 2.86.

Cadence Design Systems (NASDAQ:CDNS - Get Free Report) last released its quarterly earnings data 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. Cadence Design Systems had a net margin of 20.93% and a return on equity of 29.34%. The firm had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same quarter in the prior year, the business earned $1.88 EPS. The company's revenue for the quarter was up 6.2% compared to the same quarter last year. 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. Research analysts expect that Cadence Design Systems, Inc. will post 5.41 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, VP Paul Cunningham sold 1,000 shares of the company's stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $297.78, for a total value of $297,780.00. Following the transaction, the vice president directly owned 94,137 shares of the company's stock, valued at approximately $28,032,115.86. This represents a 1.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Ita M. Brennan sold 180 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $295.03, for a total value of $53,105.40. Following the sale, the director owned 7,470 shares of the company's stock, valued at approximately $2,203,874.10. This represents a 2.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 3,185 shares of company stock worth $963,238 over the last ninety days. 0.37% of the stock is currently owned by company 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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