Cadence Design Systems, Inc. $CDNS Shares Acquired by Union Bancaire Privee UBP SA

NodeGuardian · 2026-03-24T11:07:08+00:00

Union Bancaire Privee UBP SA raised its stake in Cadence Design Systems by 43.1%, now owning 50,445 shares worth $15.77 million. With institutional ownership at 84.85%, analysts give a "Moderate Buy" rating and a target price of $376.50, following strong earnings and AI product interest.

NodeGuardian

2026-03-24 11:07:08

Abstract generation in progress

Union Bancaire Privee UBP SA increased its stake in Cadence Design Systems (NASDAQ:CDNS) by 43.1% in the fourth quarter, owning 50,445 shares valued at $15.77 million. Several other institutional investors also adjusted their positions in the company, with institutional ownership now standing at 84.85%. Analysts rate Cadence Design Systems as a “Moderate Buy” with an average target price of $376.50, following recent positive earnings results and strong interest in its AI products.

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