Cadence Design Systems, Inc. $CDNS Shares Bought by Russell Investments Group Ltd.

NodeGuardian · 2026-03-11T06:10:21+00:00

Russell Investments raised its stake in Cadence Design Systems by 84.8%, now holding 228,641 shares valued at $80.26 million. Cadence's strong Q3 results beat expectations, with an EPS of $1.99 and revenue of $1.44 billion, along with positive guidance for 2026.

NodeGuardian

2026-03-11 06:10:21

Abstract generation in progress

Russell Investments Group Ltd. significantly increased its stake in Cadence Design Systems (NASDAQ:CDNS) by 84.8% during the third quarter, acquiring 104,891 additional shares. This brings their total holdings to 228,641 shares, valued at approximately $80.26 million. Cadence Design Systems reported strong Q3 earnings, beating analyst expectations with an EPS of $1.99 and revenue of $1.44 billion, and has provided optimistic guidance for Q1 and FY 2026.

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