Paul Cunningham Sells 2,000 Shares of Cadence Design Systems (NASDAQ:CDNS) Stock

Posted by Geri Gentry on Sep 19th, 2026

Cadence Design Systems, Inc. (NASDAQ:CDNS – Get Free Report) VP Paul Cunningham sold 2,000 shares of the business’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $277.12, for a total transaction of $554,240.00. Following the transaction, the vice president owned 121,793 shares in the company, valued at approximately $33,751,276.16. This trade represents a 1.62% 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 hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Paul Cunningham also recently made the following trade(s):

On Monday, August 17th, Paul Cunningham sold 2,000 shares of Cadence Design Systems stock. The shares were sold at an average price of $323.32, for a total transaction of $646,640.00.

Cadence Design Systems Stock Performance

NASDAQ CDNS opened at $282.90 on Friday. The stock has a market capitalization of $77.91 billion, a price-to-earnings ratio of 56.24, a PEG ratio of 3.01 and a beta of 1.14. The business’s 50 day moving average is $322.96 and its two-hundred day moving average is $332.98. Cadence Design Systems, Inc. has a 12-month low of $262.75 and a 12-month high of $416.69. The company has a current ratio of 1.74, a quick ratio of 1.53 and a debt-to-equity ratio of 0.36.

Cadence Design Systems (NASDAQ:CDNS – Get Free Report) last posted its quarterly earnings results on Monday, July 27th. The software maker reported $2.11 EPS for the quarter, beating the consensus estimate of $2.05 by $0.06. Cadence Design Systems had a return on equity of 27.98% and a net margin of 23.60%.The business had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.58 billion. During the same period last year, the firm earned $1.65 EPS. The company’s quarterly revenue was up 24.2% compared to the same quarter last year. Cadence Design Systems has set its FY 2026 guidance at 8.050-8.150 EPS and its Q3 2026 guidance at 2.010-2.070 EPS. Research analysts expect that Cadence Design Systems, Inc. will post 6.4 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently commented on CDNS. Needham & Company LLC reissued a “buy” rating and set a $400.00 price target on shares of Cadence Design Systems in a research note on Tuesday, July 28th. Weiss Ratings upgraded Cadence Design Systems from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, July 30th. Oppenheimer reiterated a “market perform” rating and issued a $300.00 price target on shares of Cadence Design Systems in a research report on Tuesday, July 28th. Morgan Stanley restated an “overweight” rating and set a $400.00 price objective on shares of Cadence Design Systems in a research report on Wednesday, July 29th. Finally, Robert W. Baird upped their target price on Cadence Design Systems from $415.00 to $420.00 and gave the company an “outperform” rating in a research note on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued 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 a consensus target price of $403.88.

Read Our Latest Stock Report on CDNS

Institutional Investors Weigh In On Cadence Design Systems

Several institutional investors and hedge funds have recently added to or reduced their stakes in CDNS. Pinnacle Wealth Management Advisory Group LLC grew its holdings in Cadence Design Systems by 3.1% during the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 1,033 shares of the software maker’s stock valued at $287,000 after purchasing an additional 31 shares in the last quarter. Westfuller Advisors LLC raised its holdings in shares of Cadence Design Systems by 8.2% during the first quarter. Westfuller Advisors LLC now owns 408 shares of the software maker’s stock worth $113,000 after purchasing an additional 31 shares during the period. Cornerstone Planning Group LLC boosted its holdings in shares of Cadence Design Systems by 32.0% in the 1st quarter. Cornerstone Planning Group LLC now owns 132 shares of the software maker’s stock valued at $37,000 after buying an additional 32 shares during the period. KCM Investment Advisors LLC grew its position in shares of Cadence Design Systems by 0.4% during the 1st quarter. KCM Investment Advisors LLC now owns 8,013 shares of the software maker’s stock valued at $2,227,000 after buying an additional 32 shares during the last quarter. Finally, Fulton Bank N.A. raised its stake in Cadence Design Systems by 2.6% during the second quarter. Fulton Bank N.A. now owns 1,296 shares of the software maker’s stock worth $486,000 after acquiring an additional 33 shares during the period. 84.85% of the stock is currently owned by institutional investors and hedge funds.

Cadence Design Systems Company Profile

(Get Free Report)

Cadence Design Systems, Inc is a technology company that develops electronic design automation (EDA) software, hardware and semiconductor intellectual property (IP). Its products help engineers design, verify and analyze integrated circuits, printed circuit boards and complete electronic systems.

The company offers solutions spanning digital and custom IC design, functional verification, digital and analog simulation, emulation and prototyping, system analysis, and 3D computational fluid dynamics.