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Varma Mutual Pension Insurance Co Increases Position in Cadence Design Systems, Inc. $CDNS
Varma Mutual Pension Insurance Co increased its stake in Cadence Design Systems (NASDAQ:CDNS) by 8.5% in the third quarter, bringing their total holdings to 48,249 shares valued at $16.95 million. Several other institutional investors also acquired new positions in CDNS during recent quarters. The article also details recent analyst ratings, including multiple “Buy” ratings and a consensus price target of $379.59, and reports insider selling activity from Cadence Design Systems’ CEO and VP.