Close Asset Management Ltd significantly increased its stake in Cadence Design Systems by 577.5% in Q3, now holding 566,679 shares valued at approximately $199.09 million. This makes Cadence Design Systems its seventh-largest holding, representing 4.4% of its portfolio. The software maker recently beat quarterly earnings estimates and provided strong guidance for Q1 and FY2026, despite recent insider share sales.
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Close Asset Management Ltd Has $199.09 Million Stake in Cadence Design Systems, Inc. $CDNS
Close Asset Management Ltd significantly increased its stake in Cadence Design Systems by 577.5% in Q3, now holding 566,679 shares valued at approximately $199.09 million. This makes Cadence Design Systems its seventh-largest holding, representing 4.4% of its portfolio. The software maker recently beat quarterly earnings estimates and provided strong guidance for Q1 and FY2026, despite recent insider share sales.