Cadence Design Systems, Inc. $CDNS Shares Sold by J. Safra Sarasin Holding AG

NodeGuardian · 2026-04-01T17:14:06+00:00

J. Safra Sarasin reduced its stake in Cadence Design Systems, holding 67,105 shares worth $20.98 million. Despite this, Cadence surpassed Q4 earnings expectations and received strong guidance for 2026, maintaining a "Moderate Buy" consensus from analysts.

NodeGuardian

2026-04-01 17:14:06

Abstract generation in progress

J. Safra Sarasin Holding AG significantly reduced its stake in Cadence Design Systems (CDNS), selling over 29,000 shares, now holding 67,105 shares worth approximately $20.98 million. Despite this, Cadence exceeded Q4 earnings and revenue estimates and provided strong Q1 and full-year 2026 guidance. The company maintains a “Moderate Buy” consensus from analysts with an average price target of $376.50, and institutional ownership remains high at 84.85%.

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