ABC Arbitrage SA Has $1.18 Million Stock Position in Cadence Design Systems, Inc. $CDNS

ABC Arbitrage SA trimmed its position in Cadence Design Systems, Inc. (NASDAQ:CDNS) by 77.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,347 shares of the software maker’s stock after selling 11,377 shares during the quarter. ABC Arbitrage SA’s holdings in Cadence Design Systems were worth $1,176,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Robbins Farley acquired a new position in Cadence Design Systems during the third quarter worth $35,000. Cloud Capital Management LLC bought a new position in shares of Cadence Design Systems during the third quarter worth approximately $35,000. Strategic Wealth Investment Group LLC bought a new stake in shares of Cadence Design Systems during the 2nd quarter valued at $32,000. Promus Capital LLC acquired a new stake in Cadence Design Systems during the second quarter worth about $33,000. Finally, Heartwood Wealth Advisors LLC acquired a new stake in shares of Cadence Design Systems during the 3rd quarter worth approximately $39,000. Institutional investors own 84.85% of the company’s stock.

Analyst Ratings Changes

CDNS has been the topic of a number of recent analyst reports. Oppenheimer upgraded Cadence Design Systems from an “underperform” rating to a “market perform” rating and set a $275.00 target price on the stock in a research report on Monday, December 1st. Robert W. Baird lifted their target price on Cadence Design Systems from $390.00 to $418.00 and gave the stock an “outperform” rating in a report on Tuesday, October 28th. KeyCorp reiterated an “overweight” rating and set a $405.00 price objective on shares of Cadence Design Systems in a research report on Tuesday, October 28th. JPMorgan Chase & Co. boosted their price target on Cadence Design Systems from $390.00 to $405.00 and gave the company an “overweight” rating in a research note on Tuesday, October 28th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Cadence Design Systems in a research report on Monday, December 29th. Thirteen equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $379.59.

Cadence Design Systems Trading Up 0.2%

Shares of Cadence Design Systems stock opened at $299.65 on Thursday. Cadence Design Systems, Inc. has a 1 year low of $221.56 and a 1 year high of $376.45. The stock has a fifty day moving average price of $313.41 and a 200-day moving average price of $330.94. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.05 and a quick ratio of 2.84. The firm has a market cap of $81.56 billion, a PE ratio of 77.23, a P/E/G ratio of 3.33 and a beta of 1.01.

Insider Transactions at Cadence Design Systems

In other news, VP Paul Scannell sold 5,490 shares of the stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $339.43, for a total transaction of $1,863,470.70. Following the completion of the transaction, the vice president owned 20,321 shares in the company, valued at approximately $6,897,557.03. This represents a 21.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Anirudh Devgan sold 20,000 shares of the company’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $340.00, for a total transaction of $6,800,000.00. Following the sale, the chief executive officer directly owned 195,844 shares in the company, valued at approximately $66,586,960. This trade represents a 9.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 56,475 shares of company stock valued at $18,505,486. 1.99% of the stock is currently owned by insiders.

Key Cadence Design Systems News

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

• Positive Sentiment: Cadence unveiled “ChipStack AI Super Agent,” an agentic AI workflow aimed at accelerating silicon design with management claiming multi‑fold productivity gains — a clear revenue/positioning catalyst if customers adopt it. Cadence Unveils ChipStack AI Super Agent for Next-Gen Chips
• Positive Sentiment: Major outlets picked up the AI‑agent story (MSN, Seeking Alpha), amplifying investor awareness and helping drive short‑term momentum. Cadence introduces an AI agent to speed up computer chip design Cadence unveils AI agent to accelerate chip design
• Positive Sentiment: Market sentiment reports note increased bullishness this week (coverage highlights an ~8% weekly advance), suggesting investor appetite for Cadence’s AI narrative. Investors more bullish on Cadence Design Systems (NASDAQ:CDNS) this week as stock advances 8.4%
• Neutral Sentiment: Analysts and research outlets are digging into Q4 (Dec‑2025) metric-level estimates to assess upside vs. consensus; this deeper analysis could influence earnings expectations but is not itself a directional catalyst. Unlocking Q4 Potential of Cadence (CDNS): Exploring Wall Street Estimates for Key Metrics
• Neutral Sentiment: Cadence is due to report quarterly results next week — a clear near‑term catalyst that can swing the stock either way depending on revenue, margin, and guidance. Cadence Design Systems (CDNS) Expected to Announce Quarterly Earnings on Tuesday
• Neutral Sentiment: Recent short‑interest reports in the feed show zero shares/erroneous NaN increases (data appears unreliable) — no clear short squeeze signal from these entries.
• Negative Sentiment: A Zacks note warned Cadence “doesn’t possess the right combination” for a likely earnings beat in the upcoming report, implying risk of a disappointment that could reverse recent gains. Cadence Design Systems (CDNS) Reports Next Week: Wall Street Expects Earnings Growth

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.