ASR Vermogensbeheer N.V. Buys 3,702 Shares of Cadence Design Systems, Inc. $CDNS

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ASR Vermogensbeheer N.V. increased its stake in Cadence Design Systems (NASDAQ:CDNS) by 19.2% in the fourth quarter, acquiring an additional 3,702 shares to reach a total of 22,976 shares valued at $7.18 million. Wall Street analysts maintain a positive outlook, with a “Moderate Buy” consensus rating and an average target price of $380.59. Cadence Design Systems also reported strong financial results, exceeding earnings and revenue expectations in its latest quarter and providing optimistic guidance for FY2026.

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