Moran Wealth Management Reduces Stake in Cadence Design Systems

Institutional investor sells nearly 20,000 shares of semiconductor software company

Apr. 18, 2026 at 11:25am

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An extreme close-up of heavily textured, industrial machinery in shades of steel grey, bronze, and black, conceptually representing the intricate financial infrastructure and institutional investments that enable the semiconductor design software industry.An extreme close-up of the complex machinery powering the semiconductor design software industry reveals the institutional investments and financial systems underlying this critical technology sector.San Jose Today

Moran Wealth Management LLC, a financial advisory firm, reduced its stake in Cadence Design Systems, Inc. (NASDAQ:CDNS) by 13.9% in the fourth quarter, according to a recent SEC filing. The firm now owns 121,183 shares of the software maker's stock, down from 140,775 shares previously.

Why it matters

Cadence Design Systems is a leading provider of electronic design automation (EDA) software and intellectual property used by semiconductor companies and system designers globally. Changes in institutional ownership of the stock can signal shifts in market sentiment and future performance expectations.

The details

According to the filing, Moran Wealth Management sold 19,592 shares of Cadence Design Systems during the fourth quarter. The firm's total investment in the stock is now valued at $37.9 million, making it the 8th largest holding in Moran's portfolio. Cadence Design Systems accounts for about 1.2% of Moran's total assets under management.

  • Moran Wealth Management reduced its Cadence Design Systems stake in the fourth quarter of 2025.

The players

Moran Wealth Management LLC

A financial advisory firm that manages investments for institutional and individual clients.

Cadence Design Systems, Inc.

A global provider of electronic design automation software, hardware and intellectual property used in semiconductor and systems design.

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The takeaway

This filing highlights the shifting investment strategies of institutional investors in the semiconductor technology sector, as firms like Moran Wealth Management adjust their positions in leading EDA providers like Cadence Design Systems.