MGO One Seven LLC Grows Stock Holdings in Synopsys, Inc. $SNPS

MGO One Seven LLC grew its holdings in Synopsys, Inc. (NASDAQ:SNPS) by 40.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,229 shares of the semiconductor company’s stock after purchasing an additional 352 shares during the quarter. MGO One Seven LLC’s holdings in Synopsys were worth $630,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Hemington Wealth Management lifted its stake in Synopsys by 10.1% in the 2nd quarter. Hemington Wealth Management now owns 197 shares of the semiconductor company’s stock worth $100,000 after purchasing an additional 18 shares in the last quarter. MCF Advisors LLC lifted its stake in Synopsys by 16.2% in the 2nd quarter. MCF Advisors LLC now owns 136 shares of the semiconductor company’s stock worth $70,000 after purchasing an additional 19 shares in the last quarter. Capital Advisors Ltd. LLC lifted its stake in Synopsys by 14.5% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 158 shares of the semiconductor company’s stock worth $81,000 after purchasing an additional 20 shares in the last quarter. Trust Point Inc. lifted its stake in Synopsys by 4.4% in the 2nd quarter. Trust Point Inc. now owns 494 shares of the semiconductor company’s stock worth $253,000 after purchasing an additional 21 shares in the last quarter. Finally, Whelan Financial lifted its stake in Synopsys by 4.1% in the 2nd quarter. Whelan Financial now owns 534 shares of the semiconductor company’s stock worth $274,000 after purchasing an additional 21 shares in the last quarter. 85.47% of the stock is owned by hedge funds and other institutional investors.

Synopsys Stock Up 1.7%

Synopsys stock opened at $447.64 on Friday. Synopsys, Inc. has a fifty-two week low of $365.74 and a fifty-two week high of $651.73. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.51 and a current ratio of 1.62. The firm has a 50 day moving average price of $525.72 and a 200 day moving average price of $510.23. The company has a market capitalization of $83.15 billion, a PE ratio of 35.14, a price-to-earnings-growth ratio of 4.85 and a beta of 1.10.

Synopsys (NASDAQ:SNPS) last posted its earnings results on Tuesday, September 9th. The semiconductor company reported $2.30 earnings per share for the quarter, missing the consensus estimate of $3.75 by ($1.45). Synopsys had a net margin of 31.04% and a return on equity of 10.82%. The company had revenue of $1.74 billion during the quarter, compared to analyst estimates of $1.77 billion. During the same quarter last year, the business posted $3.43 EPS. The firm’s revenue for the quarter was up 14.0% on a year-over-year basis. Synopsys has set its FY 2025 guidance at 12.760-12.800 EPS. Q4 2025 guidance at 2.760-2.80 EPS. Research analysts expect that Synopsys, Inc. will post 10.64 earnings per share for the current year.

Insider Activity at Synopsys

In related news, CAO Sudhindra Kankanwadi sold 9,873 shares of Synopsys stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $500.90, for a total value of $4,945,385.70. Following the completion of the sale, the chief accounting officer owned 20,520 shares in the company, valued at approximately $10,278,468. This trade represents a 32.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert G. Painter bought 350 shares of the company’s stock in a transaction that occurred on Thursday, September 11th. The stock was bought at an average price of $425.44 per share, with a total value of $148,904.00. Following the acquisition, the director directly owned 2,291 shares in the company, valued at $974,683.04. The trade was a 18.03% increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 30,894 shares of company stock worth $16,760,783 over the last quarter. Company insiders own 0.62% of the company’s stock.

Wall Street Analyst Weigh In

SNPS has been the subject of a number of recent analyst reports. Zacks Research downgraded shares of Synopsys from a “hold” rating to a “strong sell” rating in a report on Friday, September 12th. Wall Street Zen downgraded shares of Synopsys from a “hold” rating to a “sell” rating in a report on Saturday, September 13th. Bank of America restated an “underperform” rating and set a $525.00 price target (down previously from $625.00) on shares of Synopsys in a report on Wednesday, September 10th. Robert W. Baird restated a “neutral” rating and set a $535.00 price target (down previously from $670.00) on shares of Synopsys in a report on Wednesday, September 10th. Finally, Morgan Stanley cut their price target on shares of Synopsys from $715.00 to $510.00 and set an “overweight” rating for the company in a report on Thursday, September 11th. Ten analysts have rated the stock with a Buy rating, five have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $569.67.

Synopsys Profile

Synopsys, Inc provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions.