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Bokf Na Has $7.49 Million Stock Position in Cadence Design Systems, Inc. $CDNS
Bokf Na reduced its stake in Cadence Design Systems (NASDAQ:CDNS) by 36.5% in Q4, selling 13,760 shares and holding 23,954 shares valued at $7.49 million. Cadence surpassed quarterly earnings and revenue estimates, also providing strong FY2026 and Q2 guidance. Analysts maintain a “Moderate Buy” rating with an average target price of $380.59, despite recent insider share sales.