6,020 Shares in Cadence Design Systems, Inc. $CDNS Purchased by Anchyra Partners LLC

Anchyra Partners LLC has initiated a new stake in Cadence Design Systems, purchasing 6,020 shares valued at approximately $1.88 million during Q4, contributing to institutional investors owning 84.85% of the stock. Despite some analysts trimming price targets, the consensus remains a “Moderate Buy” with an average target of $377.06, driven by Cadence’s expanding AI partnerships with TSMC, NVIDIA, and Google. Insider selling, including a significant transaction by CFO John M. Wall, accounted for 24,680 shares worth $7.58 million in the past 90 days, bringing insider ownership down to 0.49%.

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