Cadence Design Systems, Inc. $CDNS Shares Sold by Brown Brothers Harriman & Co.

NodeGuardian · 2026-03-16T17:35:52+00:00

Brown Brothers Harriman & Co. slightly reduced its stake in Cadence Design Systems, while Vanguard and State Street increased theirs. Analysts have a "Moderate Buy" consensus with a $376.50 target price, despite recent insider selling exceeding $9.7 million.

NodeGuardian

2026-03-16 17:35:52

Abstract generation in progress

Brown Brothers Harriman & Co. reduced its stake in Cadence Design Systems (NASDAQ:CDNS) by 0.8% in the third quarter, while institutional investors like Vanguard Group Inc. and State Street Corp increased their positions. Wall Street analysts have issued various ratings and price targets for CDNS, with a consensus of “Moderate Buy” and an average target price of $376.50. Insider selling also occurred, with VP Paul Cunningham and CFO John M. Wall selling shares totaling over $9.7 million in the last ninety days.

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