Cadence Design Systems (CDNS)

Apex Semiconductor Inc. • Apex Semiconductor Malaysia Sdn. Bhd. • APEXSEMICONDUCTOR INDIA PRIVATE LIMITED • AWR LLC • Beijing Cadence Information Technology Co., Ltd. • BETA CAE Deutschland GmbH • BETA CAE ITALY S.R.L. • BETA CAE Nordic AB • BETA CAE Systems China Ltd. • BETA CAE SYSTEMS INDIA PRIVATE LIMITED ...

IRS number

770148231

CDNS stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$335.43

Low target

$295.00

High target

$350.00

Latest filings (excl ownership)

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Results of Operations and Financial Condition

19 Feb 25

8-K

Results of Operations and Financial Condition

18 Feb 25

8-K

Cadence Appoints Moshe Gavrielov to Board of Directors

12 Dec 24

S-8

Registration of securities for employees

29 Oct 24

Results of Operations and Financial Condition

28 Oct 24

8-K

Entry into a Material Definitive Agreement

10 Sep 24

424B2

Prospectus for primary offering

6 Sep 24

8-K

Entry into a Material Definitive Agreement

4 Sep 24

Transcripts

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CDNS

Earnings call transcript

2024 Q4

18 Feb 25

CDNS

Earnings call transcript

2024 Q3

28 Oct 24

CDNS

Earnings call transcript

2024 Q2

22 Jul 24

CDNS

Earnings call transcript

2024 Q1

22 Apr 24

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 Q2

24 Jul 23

CDNS

Earnings call transcript

2023 Q1

24 Apr 23

CDNS

Earnings call transcript

2022 Q4

13 Feb 23

Latest ownership filings

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Paul Cunningham

5 Mar 25

144

Notice of proposed sale of securities

Notice of proposed sale of securities

Notice of proposed sale of securities

Notice of proposed sale of securities

3 Feb 25

ANIRUDH DEVGAN

8 Jan 25

Financial summary

Financial statements Chart CDNS financial data

Quarter (USD)	Dec 24	Sep 24	Jun 24	Mar 24
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 24	Dec 23	Dec 22	Jan 22
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)	2.64 bn	2.64 bn	2.64 bn	2.64 bn	2.64 bn	2.64 bn
Cash burn (monthly)	47.34 mm	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	108.11 mm	n/a	n/a	n/a	n/a	n/a
Cash remaining	2.54 bn	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	53.6	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2024

CDNS institutional ownership history Ownership history

85.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1245	1197	+4.0%
Opened positions	198	126	+57.1%
Closed positions	150	189	-20.6%
Increased positions	490	467	+4.9%
Reduced positions	409	458	-10.7%

13F shares	Current	Prev Q	Change
Total value	67.11 tn	58.75 tn	+14.2%
Total shares	235.32 mm	228.31 mm	+3.1%
Total puts	1.89 mm	2.16 mm	-12.3%
Total calls	1.95 mm	1.89 mm	+3.3%
Total put/call ratio	1.0	1.1	-15.2%

Largest owners	Shares	Value	Change
BlackRock	29.98 mm	$9.01 tn	-0.4%
Vanguard	25.91 mm	$7.78 tn	+0.8%
STT State Street	12.12 mm	$3.64 tn	+1.7%
Jennison Associates	8.01 mm	$2.41 tn	+5.3%
FMR	7.98 mm	$2.40 tn	+8.7%
Geode Capital Management	6.02 mm	$1.81 tn	+2.3%
Alliancebernstein	5.68 mm	$1.71 tn	+12.5%
Massachusetts Financial Services	5.25 mm	$1.58 tn	-33.4%
BEN Franklin Resources	4.82 mm	$1.45 tn	+5.2%
Ubs Global Asset Management Americas	4.42 mm	$1.33 tn	+10.7%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	3.89 mm	+3.89 mm	NEW
Massachusetts Financial Services	5.25 mm	-2.63 mm	-33.4%
Holocene Advisors	766.17 k	+766.17 k	NEW
Schroder Investment Management	2.06 mm	+716.04 k	+53.1%
FMR	7.98 mm	+639.15 k	+8.7%
Alliancebernstein	5.68 mm	+632.17 k	+12.5%
T. Rowe Price	2.94 mm	+601.83 k	+25.8%
RJF Raymond James Financial	572.42 k	+572.42 k	NEW
BAC Bank of America	1.64 mm	-553.90 k	-25.2%
Westfield Capital Management	0.00	-533.45 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CDNS insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
3 Mar 25	Paul Cunningham	Common Stock	Sell	Dispose S	No	Yes	252.73	650	164.27 k	58,123
18 Feb 25	Paul Scannell	Common Stock	Payment of exercise	Dispose F	No	No	300.43	281	84.42 k	14,147
18 Feb 25	Karna Nisewaner	Common Stock	Sell	Dispose S	No	Yes	296.1	571	169.07 k	15,364
18 Feb 25	Karna Nisewaner	Common Stock	Payment of exercise	Dispose F	No	No	300.43	203	60.99 k	15,935
10 Feb 25	Chin-chi Teng	Common Stock	Sell	Dispose S	No	Yes	304.7901	3,683	1.12 mm	93,387
10 Feb 25	Chin-chi Teng	Common Stock	Sell	Dispose S	No	Yes	304.1061	6,839	2.08 mm	97,070
10 Feb 25	Chin-chi Teng	Common Stock	Sell	Dispose S	No	Yes	302.7925	700	211.95 k	103,909
10 Feb 25	Chin-chi Teng	Common Stock	Sell	Dispose S	No	Yes	301.6765	1,538	463.98 k	104,609
10 Feb 25	Chin-chi Teng	Common Stock	Option exercise	Acquire M	No	Yes	56.57	12,760	721.83 k	106,147
10 Feb 25	Chin-chi Teng	Non Qualified Stock Option Common Stock	Option exercise	Dispose M	No	No	56.57	12,760	721.83 k	0