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flag Despite missing earnings, Cadence Design Systems sees increased investment from Sterling Capital and Petros Family Wealth.

flag Sterling Capital Management LLC increased its stake in Cadence Design Systems by 1.3%, now owning 17,778 shares worth $5.34 million. flag Petros Family Wealth LLC also acquired 1,044 shares in the fourth quarter. flag Despite missing earnings expectations by $0.33, Cadence Design Systems reported $1.49 EPS and $1.36 billion in revenue. flag Analysts predict 5.41 EPS for the year, with a "Moderate Buy" rating and a $324.83 price target.

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