JENSEN INVESTMENT MANAGEMENT INC has added 125,899 shares of $CDNS to their portfolio, per a new SEC 13F filing. This disclosure reflects the funds' holdings for the 03-31-2025 report period. You can see the fund's full portfolio on Quiver Quantitative, and also track the largest institutional owners of $CDNS.
CADENCE DESIGN SYSTEMS Hedge Fund Activity
We have seen 582 institutional investors add shares of CADENCE DESIGN SYSTEMS stock to their portfolio, and 655 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 1,332,106 shares (+4.4%) to their portfolio in Q1 2025, for an estimated $338,794,518
- JENNISON ASSOCIATES LLC added 1,054,702 shares (+13.2%) to their portfolio in Q1 2025, for an estimated $268,242,359
- HOLOCENE ADVISORS, LP added 766,171 shares (+inf%) to their portfolio in Q4 2024, for an estimated $230,203,738
- LEGAL & GENERAL GROUP PLC removed 743,370 shares (-28.0%) from their portfolio in Q4 2024, for an estimated $223,352,950
- IMPAX ASSET MANAGEMENT GROUP PLC removed 727,547 shares (-58.8%) from their portfolio in Q1 2025, for an estimated $185,037,028
- MACKENZIE FINANCIAL CORP removed 718,266 shares (-55.8%) from their portfolio in Q1 2025, for an estimated $182,676,591
- SCHRODER INVESTMENT MANAGEMENT GROUP added 716,041 shares (+53.1%) to their portfolio in Q4 2024, for an estimated $215,141,678
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
CADENCE DESIGN SYSTEMS Insider Trading Activity
CADENCE DESIGN SYSTEMS insiders have traded $CDNS stock on the open market 39 times in the past 6 months. Of those trades, 0 have been purchases and 39 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 6 sales selling 109,808 shares for an estimated $34,005,208.
- CHIN-CHI TENG (Sr. Vice President) has made 0 purchases and 20 sales selling 41,018 shares for an estimated $12,368,369.
- PAUL SCANNELL (Sr. Vice President) has made 0 purchases and 2 sales selling 7,881 shares for an estimated $2,382,628.
- JOHN M WALL (Sr. VP & CFO) sold 4,224 shares for an estimated $1,305,342
- PAUL CUNNINGHAM (Sr. Vice President) has made 0 purchases and 6 sales selling 3,900 shares for an estimated $1,112,618.
- KARNA NISEWANER (SVP & General Counsel) has made 0 purchases and 2 sales selling 2,421 shares for an estimated $624,635.
- VINCENTELLI ALBERTO SANGIOVANNI sold 1,500 shares for an estimated $447,675
- ITA M BRENNAN sold 180 shares for an estimated $49,500
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
CADENCE DESIGN SYSTEMS Government Contracts
We have seen $2,453,516 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:
- SOFTWARE MAINTENANCE: $1,099,257
- THIS IS BPA CALL # 12 FOR THE AGENCY-WIDE POINTWISE RENEWAL. QUOTE # O-1355980 DATED 05/27/2024 IS ATTACHED...: $504,916
- CADENCE SOFTWARE LICENSE RENEWAL (1 YEAR): $148,740
- POINTWISE SOFTWARE MAINTENANCE RENEWAL: $75,600
- FINETURBO HPC LICENSE: $72,819
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.
CADENCE DESIGN SYSTEMS Congressional Stock Trading
Members of Congress have traded $CDNS stock 4 times in the past 6 months. Of those trades, 1 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 GREG LANDSMAN sold up to $15,000 on 03/27.
- REPRESENTATIVE ROBERT BRESNAHAN has traded it 2 times. They made 1 purchase worth up to $15,000 on 03/17 and 1 sale worth up to $15,000 on 01/13.
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. sold up to $15,000 on 02/26.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
CADENCE DESIGN SYSTEMS Analyst Ratings
Wall Street analysts have issued reports on $CDNS in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Loop Capital Markets issued a "Buy" rating on 11/11/2024
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 2 analysts offer price targets for $CDNS in the last 6 months, with a median target of $330.0.
Here are some recent targets:
- Siti Panigrahi from Mizuho Securities set a target price of $300.0 on 04/15/2025
- Gary Mobley from Loop Capital Markets set a target price of $360.0 on 11/11/2024
Note that there may be inaccuracies in these estimates due to filing errors by the funds, parsing errors by us, or other anomalies.
Check out Quiver Quantitative's $CDNS ticker page for more data.
