ING Groep NV Trims Stock Holdings in Cadence Design Systems, Inc. $CDNS

2026-02-22 05:43:20

ING Groep NV significantly reduced its stake in Cadence Design Systems (NASDAQ:CDNS) by 96.9% in the third quarter, holding only 1,505 shares valued at $529,000. Other institutional investors like Vanguard Group Inc. and State Street Corp, however, increased their holdings in the company. Cadence Design Systems, Inc. stock recently opened at $299.46, and analysts maintain a “Moderate Buy” consensus rating with a target price of $379.59.

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