Qsemble Capital Management LP Makes New Investment in Cadence Design Systems, Inc. $CDNS

Qsemble Capital Management LP bought a new stake in Cadence Design Systems, Inc. (NASDAQ:CDNS) during the 4th quarter, Holdings Channel.com reports. The firm bought 17,133 shares of the software maker’s stock, valued at approximately $5,355,000.

Several other institutional investors have also added to or reduced their stakes in CDNS. Y.D. More Investments Ltd acquired a new stake in Cadence Design Systems during the third quarter worth approximately $26,000. Caitlin John LLC purchased a new stake in shares of Cadence Design Systems in the third quarter worth approximately $29,000. Lodestone Wealth Management LLC purchased a new position in shares of Cadence Design Systems during the fourth quarter valued at approximately $30,000. Imprint Wealth LLC purchased a new stake in shares of Cadence Design Systems during the third quarter valued at approximately $31,000. Finally, Strategic Wealth Investment Group LLC purchased a new stake in shares of Cadence Design Systems during the second quarter valued at approximately $32,000. 84.85% of the stock is currently owned by institutional investors.

Cadence Design Systems Stock Down 1.6%

Shares of NASDAQ:CDNS opened at $347.24 on Friday. The stock’s 50-day moving average is $307.04 and its 200 day moving average is $310.77. Cadence Design Systems, Inc. has a 1 year low of $262.75 and a 1 year high of $376.45. The company has a market cap of $95.78 billion, a PE ratio of 80.94, a P/E/G ratio of 4.18 and a beta of 1.13. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.47 and a quick ratio of 1.32.

Cadence Design Systems (NASDAQ:CDNS) last issued its quarterly earnings data on Monday, April 27th. The software maker reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.91 by $0.05. The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.46 billion. Cadence Design Systems had a net margin of 21.18% and a return on equity of 28.44%. The company’s quarterly revenue was up 18.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.57 EPS. Cadence Design Systems has set its FY 2026 guidance at 7.850-7.950 EPS and its Q2 2026 guidance at 2.020-2.080 EPS. Sell-side analysts anticipate that Cadence Design Systems, Inc. will post 6.23 EPS for the current year.

Insider Transactions at Cadence Design Systems

In other Cadence Design Systems news, CFO John M. Wall sold 21,500 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $309.45, for a total transaction of $6,653,175.00. Following the transaction, the chief financial officer owned 86,875 shares in the company, valued at approximately $26,883,468.75. This represents a 19.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Paul Cunningham sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $297.78, for a total value of $297,780.00. Following the transaction, the vice president owned 94,137 shares in the company, valued at $28,032,115.86. This trade represents a 1.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 40,180 shares of company stock worth $12,924,790 over the last quarter. Insiders own 0.49% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Piper Sandler raised their target price on Cadence Design Systems from $319.00 to $325.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 28th. Needham & Company LLC reaffirmed a “buy” rating and issued a $400.00 price target on shares of Cadence Design Systems in a report on Tuesday, April 28th. Robert W. Baird lifted their price objective on Cadence Design Systems from $381.00 to $385.00 and gave the company an “outperform” rating in a research note on Tuesday, April 28th. Stifel Nicolaus set a $395.00 price objective on Cadence Design Systems in a research note on Wednesday, February 18th. Finally, Rosenblatt Securities restated a “buy” rating and set a $360.00 price target on shares of Cadence Design Systems in a research report on Friday, April 24th. Fourteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $380.59.

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.