Universal Beteiligungs und Servicegesellschaft mbH Has $81.24 Million Stock Holdings in Cadence Design Systems, Inc. $CDNS

Universal Beteiligungs und Servicegesellschaft mbH increased its position in Cadence Design Systems, Inc. (NASDAQ:CDNS) by 4.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 259,260 shares of the software maker’s stock after acquiring an additional 11,511 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Cadence Design Systems were worth $81,244,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of CDNS. Peterson Wealth Services lifted its holdings in Cadence Design Systems by 1,501.3% in the third quarter. Peterson Wealth Services now owns 187,115 shares of the software maker’s stock valued at $65,726,000 after buying an additional 175,430 shares during the period. Pacer Advisors Inc. lifted its stake in shares of Cadence Design Systems by 83.3% in the 3rd quarter. Pacer Advisors Inc. now owns 182,348 shares of the software maker’s stock valued at $64,052,000 after purchasing an additional 82,856 shares during the period. Stanley Laman Group Ltd. bought a new position in shares of Cadence Design Systems in the 3rd quarter worth $6,177,000. Nvwm LLC grew its stake in shares of Cadence Design Systems by 102.0% during the third quarter. Nvwm LLC now owns 10,028 shares of the software maker’s stock worth $3,522,000 after purchasing an additional 5,064 shares during the period. Finally, Thrivent Financial for Lutherans increased its holdings in Cadence Design Systems by 301.9% in the third quarter. Thrivent Financial for Lutherans now owns 49,999 shares of the software maker’s stock valued at $17,563,000 after purchasing an additional 37,558 shares during the last quarter. Institutional investors own 84.85% of the company’s stock.

Insider Transactions at Cadence Design Systems

In other news, CFO John M. Wall sold 21,500 shares of Cadence Design Systems stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $309.45, for a total value of $6,653,175.00. Following the sale, the chief financial officer directly owned 86,875 shares in the company, valued at $26,883,468.75. This trade represents a 19.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ita M. Brennan sold 180 shares of the business’s stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $295.03, for a total transaction of $53,105.40. Following the completion of the sale, the director directly owned 7,470 shares in the company, valued at approximately $2,203,874.10. This represents a 2.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 24,680 shares of company stock valued at $7,579,340 in the last ninety days. 0.49% of the stock is currently owned by corporate insiders.

Cadence Design Systems Trading Up 1.8%

NASDAQ CDNS opened at $331.61 on Thursday. Cadence Design Systems, Inc. has a one year low of $262.75 and a one year high of $376.45. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.86 and a quick ratio of 2.67. The stock’s 50-day moving average is $292.54 and its 200-day moving average is $309.78. The firm has a market cap of $91.55 billion, a P/E ratio of 81.68, a P/E/G ratio of 3.91 and a beta of 1.04.

Cadence Design Systems (NASDAQ:CDNS) last released its quarterly earnings results on Tuesday, February 17th. The software maker reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.08. Cadence Design Systems had a return on equity of 29.34% and a net margin of 20.93%.The firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter last year, the business posted $1.88 EPS. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. 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. Sell-side analysts anticipate that Cadence Design Systems, Inc. will post 6.51 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CDNS has been the subject of several analyst reports. Needham & Company LLC boosted their target price on Cadence Design Systems from $390.00 to $400.00 and gave the stock a “buy” rating in a research report on Monday. Rosenblatt Securities reissued a “buy” rating and set a $360.00 price objective on shares of Cadence Design Systems in a research note on Thursday, February 26th. Weiss Ratings restated a “hold (c)” rating on shares of Cadence Design Systems in a report on Monday, December 29th. Morgan Stanley lowered their target price on shares of 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. Finally, Wells Fargo & Company cut their target price on shares of Cadence Design Systems from $410.00 to $375.00 and set an “overweight” rating on the stock in a report on Wednesday, February 18th. Fifteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $377.06.

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.