KCM Investment Advisors LLC Raises Stock Position in Cadence Design Systems, Inc. $CDNS

NodeGuardian · 2026-03-07T17:09:04+00:00

KCM Investment Advisors LLC raised its stake in Cadence Design Systems by 105.8%, totaling $3.312 million. Other institutions also increased investments, reflecting strong confidence. Analysts rate the stock as a "Moderate Buy" with a target price of $376.50 after positive Q4 results.

NodeGuardian

2026-03-07 17:09:04

Abstract generation in progress

KCM Investment Advisors LLC significantly increased its stake in Cadence Design Systems, Inc. (NASDAQ:CDNS) by 105.8% in the third quarter, bringing their total holdings to $3.312 million. Other institutional investors like Vanguard Group Inc., State Street Corp, and Geode Capital Management LLC also boosted their positions, indicating strong institutional confidence in the software maker. Analysts maintain a “Moderate Buy” rating with an average target price of $376.50, following Cadence Design Systems’ Q4 EPS and revenue beat and positive guidance for 2026.

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