Cadence Design Systems, Inc (NASDAQ: CDNS) is -1.76% lower on its value in year-to-date trading and has touched a low of $221.56 and a high of $326.19 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CDNS stock was last observed hovering at around $297.53 in the last trading session, with the day’s loss setting it -295.42%.
Currently trading at $2.11M, the stock is 2.06% and 1.88% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.12 million and changing 2119796% at the moment leaves the stock 6.51% off its SMA200. CDNS registered 1.08% gain for a year compared to 6-month gain of 0.74%. The firm has a 50-day simple moving average (SMA 50) of $298.0816 and a 200-day simple moving average (SMA200) of $285.13095.
The stock witnessed a -6.00% loss in the last 1 month and extending the period to 3 months gives it a 15.29%, and is 2.31% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.91% over the week and 2.78% over the month.
Cadence Design Systems, Inc (CDNS) has around 12700 employees, a market worth around $82.92B and $4.87B in sales. Current P/E ratio is 76.91 and Fwd P/E is 39.10. Profit margin for the company is 22.19%. Distance from 52-week low is 37.07% and -6.90% from its 52-week high. The company has generated returns on investments over the last 12 months (14.91%).
The EPS is expected to grow by 13.38% this year
1863.0 institutions hold shares in Cadence Design Systems, Inc (CDNS), with institutional investors hold 92.28% of the company’s shares. The shares outstanding are 273.04M, and float is at 271.51M with Short Float at 1.36%. Institutions hold 91.98% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 30.65 million shares valued at $9.43 billion. The investor’s holdings represent 11.314 of the CDNS Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 25.41 million shares valued at $7.82 billion to account for 9.3801 of the shares outstanding. The other top investors are STATE STREET CORP which holds 11.86 million shares representing 4.3786 and valued at over $3.65 billion, while FMR LLC holds 3.4914 of the shares totaling 9.46 million with a market value of $2.91 billion.
Cadence Design Systems, Inc (CDNS) Insider Activity
The most recent transaction is an insider sale by TENG CHIN-CHI, the company’s Sr. Vice President. SEC filings show that TENG CHIN-CHI sold 8,892 shares of the company’s common stock on Jun 17 ’25 at a price of $300.92 per share for a total of $2.68 million. Following the sale, the insider now owns 0.14 million shares.
Cadence Design Systems, Inc disclosed in a document filed with the SEC on Jun 13 ’25 that Cunningham Paul (Sr. Vice President) sold a total of 1,000 shares of the company’s common stock. The trade occurred on Jun 13 ’25 and was made at $302.00 per share for $0.3 million. Following the transaction, the insider now directly holds 0.11 million shares of the CDNS stock.
