LGT Fund Management invests $769k in Cadence Design Systems, acquiring 2,500 shares in Q2.
LGT Fund Management has invested $769,000 in Cadence Design Systems, acquiring 2,500 shares in Q2. Other institutional investors have also increased their stakes. Cadence's stock, priced at $255.85, has a market cap of $70.06 billion and a P/E ratio of 66.63. Analysts give it a "Moderate Buy" consensus, with price targets ranging from $280 to $355. Recent insider sales totaled 37,613 shares worth $10.7 million, with insiders holding 1.99% of the company.
September 11, 2024
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