Cadence Design Systems (CDNS) is experiencing notable transactions across numerous investment firms. Comerica Bank and Mission Creek Capital Partners Inc. have reduced their positions, while Soros Capital Management and Quantitative Investment Management initiated investments worth $2.10M and $518,000 respectively. The firm maintains a robust growth outlook backed by a 20% revenue increment trend and a 6.54% upside prediction. CDNS's progressive partnership with Nvidia on power analysis, and AI chip design collaboration are noteworthy. The stock exhibits mixed market dynamics with recent upgrades to 'Buy' status at Wall Street Zen counteracting a decline in value since the last earnings report. Numerous firms, like Ameriprise Financial Inc and J. Stern & Co. LLP, have increased holdings, whereas Guggenheim Capital LLC and MetLife Investment Management LLC have reduced stakes. Institutional investors own approximately 89% of CDNS. The firm's solid ROCE indicates promising capital returns. Despite some stock fluctuations, a $1000 investment in CDNS ten years ago would present significant growth today. CDNS recently completed Arm Artisan's IP business acquisition.
Cadence Design Systems CDNS News Analytics from Tue, 06 May 2025 07:00:00 GMT to Sat, 30 Aug 2025 20:48:48 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 0
