cadence is a leading provider of eda and semiconductor ip. our custom/analog tools help engineers design the transistors, standard cells, and ip blocks that make up socs. our digital tools automate the design and verification of giga-scale, giga-hertz socs at the latest semiconductor processing nodes. our ic packaging and pcb tools permit the design of complete boards and subsystems. cadence also offers a growing portfolio of design ip and verification ip for memories, interface protocols, analog/mixed-signal components, and specialized processors. and reaching up to the systems level, cadence offers an integrated suite of hardware/software co-development platforms. in short, cadence® technology helps customers build great products that connect the world.
Company profile
Ticker
CDNS
Exchange
Website
CEO
Lip-Bu Tan
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
SEC CIK
Corporate docs
Subsidiaries
Applied Wave Research Limited • AWR LLC • Beijing Cadence Information Technology Co., Ltd. • Cadence Design (Israel) II, Ltd. • Cadence Design Systems (Canada) Ltd. • Cadence Design Systems (Cyprus) Limited • Cadence Design Systems (India) Private Limited • Cadence Design Systems (Ireland) Limited • Cadence Design Systems (Israel) Ltd. • Cadence Design Systems (Japan) B.V. ...
IRS number
770148231
CDNS stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
10 Apr 24
ARS
2023 FY
Annual report to shareholders
21 Mar 24
DEFA14A
Additional proxy soliciting materials
21 Mar 24
DEF 14A
Definitive proxy
21 Mar 24
PRE 14A
Preliminary proxy
11 Mar 24
8-K
Entry into a Material Definitive Agreement
5 Mar 24
10-K
2023 FY
Annual report
13 Feb 24
8-K
Results of Operations and Financial Condition
12 Feb 24
8-K
Departure of Directors or Certain Officers
2 Feb 24
UPLOAD
Letter from SEC
20 Nov 23
Transcripts
CDNS
Earnings call transcript
2023 Q4
12 Feb 24
CDNS
Earnings call transcript
2023 Q3
23 Oct 23
CDNS
Earnings call transcript
2023 Q2
24 Jul 23
CDNS
Earnings call transcript
2023 Q1
24 Apr 23
CDNS
Earnings call transcript
2022 Q4
13 Feb 23
CDNS
Earnings call transcript
2022 Q3
24 Oct 22
CDNS
Earnings call transcript
2022 Q2
26 Jul 22
CDNS
Earnings call transcript
2022 Q1
26 Apr 22
CDNS
Earnings call transcript
2021 Q4
23 Feb 22
CDNS
Earnings call transcript
2021 Q3
26 Oct 21
Latest ownership filings
4
VINCENTELLI ALBERTO SANGIOVANNI
17 Apr 24
144
Notice of proposed sale of securities
15 Apr 24
4
Paul Cunningham
3 Apr 24
4
Karna Nisewaner
3 Apr 24
4
JOHN M WALL
2 Apr 24
144
Notice of proposed sale of securities
1 Apr 24
144
Notice of proposed sale of securities
1 Apr 24
144
Notice of proposed sale of securities
28 Mar 24
4
JAMES D PLUMMER
21 Mar 24
4
THOMAS P BECKLEY
19 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Jan 22 | Jan 21 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 961.98 mm | 961.98 mm | 961.98 mm | 961.98 mm | 961.98 mm | 961.98 mm |
Cash burn (monthly) | (no burn) | 5.34 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 35.59 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 926.39 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 173.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
83.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1012 |
Opened positions | 133 |
Closed positions | 104 |
Increased positions | 379 |
Reduced positions | 375 |
13F shares | Current |
---|---|
Total value | 53.09 tn |
Total shares | 226.68 mm |
Total puts | 1.52 mm |
Total calls | 1.03 mm |
Total put/call ratio | 1.5 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 30.67 mm | $7.19 tn |
Vanguard | 24.12 mm | $5.65 tn |
STT State Street | 11.32 mm | $2.65 tn |
Massachusetts Financial Services | 10.99 mm | $2.57 tn |
FMR | 9.82 mm | $2.30 tn |
Jennison Associates | 7.05 mm | $1.65 tn |
T. Rowe Price | 6.46 mm | $1.52 tn |
Geode Capital Management | 5.93 mm | $1.39 tn |
Ubs Global Asset Management Americas | 3.09 mm | $724.89 bn |
Pictet Asset Management Holding | 3.02 mm | $706.57 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Apr 24 | Vincentelli Alberto Sangiovanni | Common Stock | Sell | Dispose S | No | Yes | 310.5 | 326 | 101.22 k | 50,183 |
15 Apr 24 | Vincentelli Alberto Sangiovanni | Common Stock | Sell | Dispose S | No | Yes | 309.47 | 256 | 79.22 k | 50,509 |
15 Apr 24 | Vincentelli Alberto Sangiovanni | Common Stock | Sell | Dispose S | No | Yes | 308.75 | 453 | 139.86 k | 50,765 |
15 Apr 24 | Vincentelli Alberto Sangiovanni | Common Stock | Sell | Dispose S | No | Yes | 307.37 | 465 | 142.93 k | 51,218 |
1 Apr 24 | Karna Nisewaner | Common Stock | Sell | Dispose S | No | Yes | 310.46 | 600 | 186.28 k | 21,080 |
1 Apr 24 | Paul Cunningham | Common Stock | Sell | Dispose S | No | Yes | 310.46 | 1,000 | 310.46 k | 68,144 |
28 Mar 24 | Wall John M | Common Stock | Sell | Dispose S | No | Yes | 312.89 | 205 | 64.14 k | 41,035 |
28 Mar 24 | Wall John M | Common Stock | Sell | Dispose S | No | Yes | 312.33 | 9,590 | 3.00 mm | 41,240 |
28 Mar 24 | Wall John M | Common Stock | Sell | Dispose S | No | Yes | 311.14 | 4,976 | 1.55 mm | 50,830 |
28 Mar 24 | Wall John M | Common Stock | Sell | Dispose S | No | Yes | 310.25 | 6,929 | 2.15 mm | 55,806 |
News
'Cadence Design Systems Also Interested In Bentley Deal' - Reuters News
18 Apr 24
Tesla To $123? Here Are 10 Top Analyst Forecasts For Thursday
18 Apr 24
Baird Maintains Outperform on Cadence Design Sys, Raises Price Target to $322
18 Apr 24
$1000 Invested In Cadence Design Sys 5 Years Ago Would Be Worth This Much Today
17 Apr 24
Wells Fargo Maintains Overweight on Cadence Design Sys, Raises Price Target to $350
16 Apr 24
Press releases
Cadence Unveils Palladium Z3 and Protium X3 Systems to Usher in a New Era of Accelerated Verification, Software Development and Digital Twins
17 Apr 24
Cadence Announces First Quarter 2024 Financial Results Webcast
5 Apr 24
Cadence Named by Fortune and Great Place to Work as One of 2024's 100 Best Companies to Work For, Ranking No. 9
4 Apr 24
Revolutionary Cadence Reality Digital Twin Platform to Transform Data Center Design for the AI Era
18 Mar 24
Cadence and NVIDIA Unveil Groundbreaking Generative AI and Accelerated Compute-Driven Innovations
18 Mar 24