Voya Investment Management LLC Buys 622,934 Shares of Cadence Design Systems, Inc. $CDNS
Voya Investment Management LLC significantly increased its stake in Cadence Design Systems, Inc. by purchasing 622,934 shares, bringing its total holdings to 691,071 shares valued at approximately $242.7 million. This increase comes after Cadence Design Systems reported strong Q3 earnings, beating analyst estimates, and received multiple analyst price target increases. Despite some insider selling, institutional investors collectively own about 84.85% of the company's stock, reflecting strong institutional confidence.
https://www.marketbeat.com/instant-alerts/filing-voya-investment-management-llc-buys-622934-shares-of-cadence-design-systems-inc-cdns-2025-12-19/