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Global X Japan Co. Ltd. Acquires 7,663 Shares of Cadence Design Systems, Inc. $CDNS
Global X Japan Co. Ltd. significantly increased its stake in Cadence Design Systems, Inc. by 368.1% in Q4, purchasing 7,663 shares to raise its total holdings to 9,745 shares valued at approximately $3.046 million. Analysts rate Cadence as a “Moderate Buy” with a consensus target price of $376.50, following strong Q4 earnings that beat estimates and positive guidance for Q1 and FY2026. Insider transactions show some selling activity, while institutional investors collectively own 84.85% of the company’s stock.