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flag Cadence Design Systems reported strong earnings and saw institutional investors adjust their stakes, boosting its stock.

flag Cadence Design Systems (CDNS) saw institutional investors adjusting their stakes in the company in recent quarters. flag GLOBALT Investments sold shares, while IFP Advisors and Empirical Finance increased their holdings. flag Cadence's recent earnings beat analyst expectations, with a 23.1% revenue increase and $1.57 EPS, up from $1.17. flag Analysts forecast 5.41 EPS for the year. flag The company's stock is up 9.2% over the last month, with a positive outlook in the vertical software sector.

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