Temasek Holdings Private Ltd Purchases 17,264 Shares of Cadence Design Systems, Inc. $CDNS

Key Points

• Temasek Holdings increased its stake in Cadence by 15.7%, buying 17,264 shares to own 127,094 shares valued at about $44.64 million after the transaction.
• Cadence beat quarterly estimates with EPS of $1.99 vs. $1.91 and revenue of $1.44 billion, and set guidance of Q1 2026 EPS 1.890–1.950 and FY2026 EPS 8.050–8.150.
• Insiders have sold about 30,810 shares (~$9.77M) in the past three months including a 27,805-share sale by the CFO, while institutional ownership is high at 84.85% and analysts have a consensus rating of Moderate Buy with an average target of $376.50.

Temasek Holdings Private Ltd increased its position in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS - Free Report) by 15.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 127,094 shares of the software maker's stock after buying an additional 17,264 shares during the period. Temasek Holdings Private Ltd's holdings in Cadence Design Systems were worth $44,643,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CDNS. Brighton Jones LLC grew its position in shares of Cadence Design Systems by 80.2% in the 4th quarter. Brighton Jones LLC now owns 1,519 shares of the software maker's stock valued at $456,000 after acquiring an additional 676 shares during the period. Integrated Wealth Concepts LLC increased its stake in shares of Cadence Design Systems by 3.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,203 shares of the software maker's stock worth $560,000 after purchasing an additional 80 shares during the last quarter. Prospera Financial Services Inc raised its holdings in shares of Cadence Design Systems by 85.6% in the 2nd quarter. Prospera Financial Services Inc now owns 1,791 shares of the software maker's stock valued at $552,000 after purchasing an additional 826 shares during the period. Wealth Alliance LLC bought a new stake in shares of Cadence Design Systems in the 2nd quarter valued at about $200,000. Finally, Police & Firemen s Retirement System of New Jersey lifted its stake in Cadence Design Systems by 4.4% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 41,467 shares of the software maker's stock valued at $12,778,000 after purchasing an additional 1,756 shares during the last quarter. 84.85% of the stock is owned by institutional investors.

Cadence Design Systems Stock Down 1.1%

Shares of CDNS opened at $287.03 on Friday. The firm has a market cap of $78.26 billion, a P/E ratio of 70.70, a price-to-earnings-growth ratio of 3.48 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, Inc. has a 52 week low of $221.56 and a 52 week high of $376.45. The firm's 50-day simple moving average is $301.94 and its 200 day simple moving average is $322.27.

Cadence Design Systems (NASDAQ:CDNS - Get Free Report) last issued its quarterly earnings data on Tuesday, February 17th. The software maker reported $1.99 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $1.42 billion. During the same period last year, the business posted $1.88 earnings per share. The business'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. On average, analysts forecast that Cadence Design Systems, Inc. will post 5.41 earnings per share for the current year.

Insider Activity at Cadence Design Systems

In related news, CFO John M. Wall sold 27,805 shares of Cadence Design Systems 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 directly owned 69,957 shares of the company's stock, valued at approximately $22,286,201.49. This trade represents a 28.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Paul Cunningham sold 1,000 shares of the business'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 completion of the sale, the vice president owned 94,137 shares of the company's stock, valued at $28,032,115.86. This trade represents a 1.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 30,810 shares of company stock valued at $9,767,972. 1.99% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. 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 report on Monday, December 1st. Wells Fargo & Company dropped their price objective on Cadence Design Systems from $410.00 to $375.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 18th. Morgan Stanley reduced their target price on Cadence Design Systems from $385.00 to $370.00 and set an "overweight" rating for the company in a research note on Wednesday, February 18th. Stifel Nicolaus set a $395.00 target price on Cadence Design Systems in a report on Wednesday, February 18th. Finally, Needham & Company LLC restated a "buy" rating and issued a $390.00 price target on shares of Cadence Design Systems in a research note on Wednesday, February 18th. Fifteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $376.50.

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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