Montag A & Associates Inc. Reduces Stake in Cadence Design Systems, Inc. $CDNS

Montag A & Associates Inc. significantly reduced its stake in Cadence Design Systems (CDNS) by 41.7% in Q4, selling 3,716 shares and retaining 5,191 shares valued at $1.623 million. This comes as Cadence Design Systems posted strong Q4 earnings, beating analyst expectations with $1.96 EPS and $1.47 billion in revenue, and issued optimistic FY2026 guidance. Institutional ownership remains high at 84.85%, with analysts largely maintaining positive ratings and target price increases for the stock.

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