Cadence Design Systems (NASDAQ:CDNS) Director Buys $13,875.30 in Stock

2026-03-07 22:58:36

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Cadence Design Systems (NASDAQ:CDNS) Director Moshe Gavrielov recently purchased 54 shares of the company’s stock for $13,875.30, increasing his direct stake to 1,130 shares. The company recently reported strong quarterly earnings, beating analyst expectations with $1.99 EPS and $1.44 billion in revenue, and provided optimistic guidance for Q1 and FY 2026. CDNS stock is trading up, with a market capitalization of $83.3 billion, and analysts hold a “Moderate Buy” rating with a target price of $376.50.

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