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AE Wealth Management LLC Has $5.04 Million Position in Cadence Design Systems, Inc. $CDNS
AE Wealth Management LLC has increased its stake in Cadence Design Systems (NASDAQ:CDNS) by 37.5%, now holding 16,131 shares valued at $5.04 million. This comes as Cadence Design Systems reported strong quarterly earnings, beating analyst expectations, and provided optimistic guidance for Q1 and full-year 2026. Analysts maintain a “Moderate Buy” consensus rating for the stock, with an average target price of $376.50.