Published on 6 Apr 2024 on Simply Wall St. via Yahoo Finance
Cadence Design Systems, Inc. (NASDAQ:CDNS) is favoured by institutional owners who hold 87% of the...
Key Insights
Given the large stake in the stock by institutions, Cadence Design Systems' stock price might be vulnerable to their trading decisions51% of the business is held by the top 21 shareholders Recent sales by insiders
A look at the shareholders of Cadence Design Systems, Inc. (NASDAQ:CDNS) can tell us which group is most powerful. We can see that institutions own the lion's share in the company with 87% ownership. Put another way, the group faces the maximum upside potential (or downside risk).