CADENCE DESIGN SYSTEMS ($CDNS) posted quarterly earnings results for Q2 2026 on Monday, July 27th. The company reported earnings of $2.11 per share, beating estimates of $2.10 by $0.01. The company also reported revenue of $1,584,450,000, missing estimates of $1,608,473,638 by $-24,023,638.
Stock price change since market close: +4.37%
You can see Quiver Quantitative's $CDNS stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
CADENCE DESIGN SYSTEMS Insider Trading Activity
CADENCE DESIGN SYSTEMS insiders have traded $CDNS stock on the open market 71 times in the past 6 months. Of those trades, 0 have been purchases and 71 have been sales.
Here’s a breakdown of recent trading of $CDNS stock by insiders over the last 6 months:
- ANIRUDH DEVGAN (President and CEO) has made 0 purchases and 3 sales selling 128,714 shares for an estimated $50,044,955.
- JOHN M WALL (Sr. VP & CFO) has made 0 purchases and 6 sales selling 26,500 shares for an estimated $8,396,739.
- PAUL SCANNELL (Sr. Vice President) has made 0 purchases and 3 sales selling 18,652 shares for an estimated $6,718,335.
- CHIN-CHI TENG (Sr. Vice President) has made 0 purchases and 32 sales selling 13,500 shares for an estimated $4,921,612.
- PAUL CUNNINGHAM (Sr. Vice President) has made 0 purchases and 6 sales selling 8,000 shares for an estimated $2,759,270.
- JAMES D PLUMMER sold 1,511 shares for an estimated $576,204
- ITA M BRENNAN has made 0 purchases and 20 sales selling 360 shares for an estimated $122,845.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
CADENCE DESIGN SYSTEMS Hedge Fund Activity
We have seen 647 institutional investors add shares of CADENCE DESIGN SYSTEMS stock to their portfolio, and 674 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL INTERNATIONAL INVESTORS added 3,954,412 shares (+inf%) to their portfolio in Q1 2026, for an estimated $1,085,881,930
- J. STERN & CO. LLP removed 2,940,736 shares (-99.6%) from their portfolio in Q1 2026, for an estimated $807,526,399
- WELLINGTON MANAGEMENT GROUP LLP added 2,348,004 shares (+92.0%) to their portfolio in Q1 2026, for an estimated $644,762,133
- JENNISON ASSOCIATES LLC removed 1,953,645 shares (-25.3%) from their portfolio in Q1 2026, for an estimated $536,471,112
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 1,819,766 shares (-38.0%) from their portfolio in Q1 2026, for an estimated $499,707,925
- GOLDMAN SACHS GROUP INC added 1,420,266 shares (+54.5%) to their portfolio in Q1 2026, for an estimated $390,005,185
- WINSLOW CAPITAL MANAGEMENT, LLC removed 1,151,476 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $316,195,424
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
CADENCE DESIGN SYSTEMS Government Contracts
We have seen $2,392,115 of award payments to $CDNS over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- FY26 COMBINED FIDELITY POINTWISE RENEWAL: $369,942
- DMEA SOFTWARE MAINTENANCE 2025 CADENCE: $305,000
- CADENCE SOFTWARE SUPPORT AND MAINTENANCE: $175,333
- FY26 LARC POINTWISE CENTER CONSOLIDATED RENEWAL: $149,441
- ANSA RENEWAL: $133,603
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
CADENCE DESIGN SYSTEMS Congressional Stock Trading
Members of Congress have traded $CDNS stock 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $CDNS stock by members of Congress over the last 6 months:
- REPRESENTATIVE BYRON DONALDS has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 06/05.
- SENATOR ALAN ARMSTRONG sold up to $100,000 on 03/27.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
CADENCE DESIGN SYSTEMS Analyst Ratings
Wall Street analysts have issued reports on $CDNS in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Morgan Stanley issued a "Overweight" rating on 02/18/2026
- Needham issued a "Buy" rating on 02/18/2026
To track analyst ratings and price targets for CADENCE DESIGN SYSTEMS, check out Quiver Quantitative's $CDNS forecast page.
CADENCE DESIGN SYSTEMS Price Targets
Multiple analysts have issued price targets for $CDNS recently. We have seen 9 analysts offer price targets for $CDNS in the last 6 months, with a median target of $400.0.
Here are some recent targets:
- Ruben Roy from Stifel set a target price of $432.0 on 06/09/2026
- Joe Quatrochi from Wells Fargo set a target price of $425.0 on 05/26/2026
- Kelsey Chia from Citigroup set a target price of $400.0 on 04/29/2026
- Clarke Jeffries from Piper Sandler set a target price of $325.0 on 04/28/2026
- Joe Vruwink from Baird set a target price of $385.0 on 04/28/2026
- Charles Shi from Needham set a target price of $400.0 on 04/28/2026
- Jason Celino from Keybanc set a target price of $425.0 on 04/28/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
Check out the Quiver Quantitative API to build on top of data on congressional stock trading, insider transactions, hedge fund moves, and more.
