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Brookstone Capital Management Sells 18,407 Shares of Cadence Design Systems, Inc. $CDNS
Brookstone Capital Management significantly reduced its stake in Cadence Design Systems (CDNS) by 90.9% in Q4, selling 18,407 shares. Despite this, analysts maintain a “Moderate Buy” rating with a consensus target of $376.50, following Cadence’s strong Q4 performance which beat earnings and revenue estimates. Insider selling and institutional ownership figures are also highlighted.