Libra Wealth LLC Purchases Shares of 1,665 Cadence Design Systems, Inc. $CDNS

Libra Wealth LLC bought a new position in shares of Cadence Design Systems, Inc. (NASDAQ:CDNS) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,665 shares of the software maker’s stock, valued at approximately $520,000.

A number of other institutional investors also recently modified their holdings of the company. Diversified Enterprises LLC boosted its holdings in shares of Cadence Design Systems by 64.4% during the fourth quarter. Diversified Enterprises LLC now owns 1,026 shares of the software maker’s stock worth $321,000 after purchasing an additional 402 shares during the period. Quent Long Short Global Small Cap Fund LP purchased a new stake in shares of Cadence Design Systems during the fourth quarter worth about $773,000. Turtle Creek Wealth Advisors LLC boosted its holdings in shares of Cadence Design Systems by 11.0% during the fourth quarter. Turtle Creek Wealth Advisors LLC now owns 1,588 shares of the software maker’s stock worth $496,000 after purchasing an additional 157 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its holdings in shares of Cadence Design Systems by 41.5% during the fourth quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 1,517 shares of the software maker’s stock worth $483,000 after purchasing an additional 445 shares during the period. Finally, Teacher Retirement System of Texas boosted its holdings in shares of Cadence Design Systems by 28.3% during the fourth quarter. Teacher Retirement System of Texas now owns 112,958 shares of the software maker’s stock worth $35,308,000 after purchasing an additional 24,918 shares during the period. 84.85% of the stock is currently owned by hedge funds and other institutional investors.

More Cadence Design Systems News

Here are the key news stories impacting Cadence Design Systems this week:

• Positive Sentiment: Expanded collaboration with TSMC to deliver signoff‑ready flows, silicon‑proven IP and certified tool chains for leading-edge nodes (N3/N2/A16/A14), which should speed advanced AI‑chip development and improve customer time‑to‑market. Cadence Expands TSMC Alliance to Boost Advanced AI Chip Design
• Positive Sentiment: Deepened partnership with NVIDIA to integrate Cadence’s AI design automation and simulation with NVIDIA’s AI infrastructure — supports agentic AI, digital twins and physical‑AI systems which can broaden Cadence’s TAM and drive tool adoption. Cadence And NVIDIA Deepen AI Partnership As Valuation Stays Demanding
• Positive Sentiment: Partnership with Google to optimize Cadence’s ChipStack AI Super‑Agent with Gemini on Google Cloud, reinforcing cloud and agentic‑AI distribution channels for Cadence tools. Alphabet Inc. (GOOGL)’s Google Partners with Cadence to Advance Chip Development
• Positive Sentiment: Analyst bullishness (Needham: “ChatGPT moment”) highlights growing optimism that agentic AI could materially accelerate Cadence’s revenue and margin expansion if adoption scales. The ‘ChatGPT moment’ for Cadence Design Systems might just have arrived, says Needham. Should you buy CDNS stock now?
• Neutral Sentiment: Q1 earnings preview: analysts expect solid AI‑driven demand and backlog but flag macro and competitive pressures — results/guidance will be the near‑term catalyst to confirm momentum. Cadence Design to Release Q1 Earnings: Here’s What to Expect
• Neutral Sentiment: Sector earnings activity (example: SS&C beat estimates) shows mixed results across software/tech names today — sector flows may be influencing Cadence’s share moves but are not company‑specific drivers. SS&C Technologies (SSNC) Tops Q1 Earnings and Revenue Estimates
• Negative Sentiment: Market coverage flagged that CDNS underperformed the broader market today; the stock decreased materially on the session — likely a reaction to profit‑taking and high street sensitivity to any growth/guidance misses. Cadence Design Systems (CDNS) Suffers a Larger Drop Than the General Market: Key Insights
• Negative Sentiment: Ongoing valuation concerns — coverage notes Cadence’s premium multiple makes the stock sensitive to near‑term execution and guidance; any slip in revenue cadence or slower tool adoption could pressure shares. Cadence And NVIDIA Deepen AI Partnership As Valuation Stays Demanding

Insider Buying and Selling at Cadence Design Systems

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

Cadence Design Systems Price Performance

CDNS stock opened at $314.33 on Friday. Cadence Design Systems, Inc. has a 1 year low of $262.75 and a 1 year high of $376.45. The firm has a 50-day moving average of $293.06 and a 200 day moving average of $309.82. The company has a market cap of $86.78 billion, a P/E ratio of 77.42, a PEG ratio of 3.98 and a beta of 1.04. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.86 and a quick ratio of 2.67.

Cadence Design Systems (NASDAQ:CDNS) last announced its earnings results on Tuesday, February 17th. The software maker reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter last year, the firm earned $1.88 earnings per share. The business’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. On average, sell-side analysts forecast that Cadence Design Systems, Inc. will post 6.51 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Morgan Stanley dropped 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 report on Wednesday, February 18th. Needham & Company LLC increased their price target on shares of Cadence Design Systems from $390.00 to $400.00 and gave the stock a “buy” rating in a research note on Monday. Wells Fargo & Company decreased their price target on shares of Cadence Design Systems from $410.00 to $375.00 and set an “overweight” rating for the company in a research note on Wednesday, February 18th. Stifel Nicolaus set a $395.00 price target on shares of Cadence Design Systems in a research note on Wednesday, February 18th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $360.00 price target on shares of Cadence Design Systems in a research note on Thursday, February 26th. 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, Cadence Design Systems currently has a consensus rating of “Moderate Buy” and an average target price of $377.06.

Cadence Design Systems 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.