Cadence Design Systems, Inc. $CDNS Shares Bought by Korea Investment CORP

NodeGuardian · 2026-03-09T11:36:20+00:00

Korea Investment Corp raised its stake in Cadence Design Systems by 17.6%, now holding 204,774 shares worth $71.9 million. The company reported strong earnings and received a "Moderate Buy" rating with a price target of $376.50.

NodeGuardian

2026-03-09 11:36:20

Abstract generation in progress

Korea Investment CORP increased its stake in Cadence Design Systems (NASDAQ:CDNS) by 17.6% in the third quarter, now owning 204,774 shares valued at $71,929,000. Several other institutional investors also adjusted their holdings in the software maker. The company recently reported strong quarterly earnings, beating analyst estimates, and has received a “Moderate Buy” rating from analysts with an average price target of $376.50.

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