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Cadence Design Systems CDNS - News Analyzed: 8,182 - Last Week: 100 - Last Month: 386

⇗ Cadence Design Systems Sees Mixed Investment Activity; Acquires Hexagon's Engineering Business & Reaches Stock All-Time High

Cadence Design Systems Sees Mixed Investment Activity; Acquires Hexagon's Engineering Business & Reaches Stock All-Time High
Cadence Design Systems (CDNS) experienced fluctuating investment from multiple entities, with shares being sold by organizations such as Amundi and Banque Transatlantique SA, and bought by Cinctive Capital Management LP and Canada Pension Plan Investment Board among others. The company's recent performance has been led by attractive financial prospects. DRW Securities LLC has a $773,000 stock position and Cadence's shares are included in Goldman Sachs' High-Conviction Inclusion Ranks. Cadence's acquisition of Hexagon's engineering business for €2.7 billion has expanded its portfolio, aiding the firm to set its sights on dominating physical AI simulation. Cadence's AI chip design collaboration with NVIDIA as well as its soft earnings that are better than they appear were also highlighted. Cadence pleaded guilty to export violation and will pay $140.6 million in settlement. The stock reached an all-time high at $330.16 and Cadence's Q2 earnings and revenues top estimates. Shareholders have seen a 25% CAGR over the last five years.

Cadence Design Systems CDNS News Analytics from Sat, 24 May 2025 07:00:00 GMT to Sat, 06 Sep 2025 14:15:21 GMT - Rating 4 - Innovation 5 - Information 7 - Rumor -2

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