Davidson Capital Management Inc. Has $3.68 Million Stock Holdings in Synopsys, Inc. $SNPS

Davidson Capital Management Inc. lifted its stake in Synopsys, Inc. (NASDAQ:SNPS) by 13.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,184 shares of the semiconductor company’s stock after acquiring an additional 836 shares during the quarter. Synopsys makes up approximately 0.9% of Davidson Capital Management Inc.’s investment portfolio, making the stock its 18th largest position. Davidson Capital Management Inc.’s holdings in Synopsys were worth $3,683,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. STF Management LP grew its stake in Synopsys by 2.3% in the second quarter. STF Management LP now owns 2,323 shares of the semiconductor company’s stock valued at $1,191,000 after purchasing an additional 52 shares in the last quarter. Robeco Schweiz AG bought a new stake in shares of Synopsys during the 2nd quarter worth approximately $8,357,000. Clarity Wealth Advisors LLC grew its stake in shares of Synopsys by 126.6% in the second quarter. Clarity Wealth Advisors LLC now owns 2,345 shares of the semiconductor company’s stock valued at $1,202,000 after buying an additional 1,310 shares in the last quarter. Nwam LLC bought a new position in shares of Synopsys in the second quarter valued at $386,000. Finally, Vise Technologies Inc. acquired a new position in Synopsys during the second quarter worth $1,367,000. Institutional investors own 85.47% of the company’s stock.

Synopsys Stock Up 1.9%

Shares of SNPS opened at $400.77 on Tuesday. The firm has a market cap of $74.44 billion, a P/E ratio of 31.46, a price-to-earnings-growth ratio of 5.02 and a beta of 1.10. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.51 and a current ratio of 1.62. Synopsys, Inc. has a 52 week low of $365.74 and a 52 week high of $651.73. The firm’s 50-day simple moving average is $471.09 and its 200 day simple moving average is $515.25.

Synopsys (NASDAQ:SNPS) last issued its quarterly earnings data on Tuesday, September 9th. The semiconductor company reported $2.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.75 by ($1.45). Synopsys had a return on equity of 10.82% and a net margin of 31.04%.The company had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.77 billion. During the same quarter last year, the business earned $3.43 earnings per share. The company’s revenue 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. On average, analysts forecast that Synopsys, Inc. will post 10.64 earnings per share for the current year.

Analyst Ratings Changes

SNPS has been the subject of a number of recent analyst reports. The Goldman Sachs Group cut their price target on shares of Synopsys from $700.00 to $600.00 and set a “buy” rating for the company in a research note on Wednesday, September 10th. Mizuho dropped their target price on shares of Synopsys from $700.00 to $600.00 and set an “outperform” rating on the stock in a report on Thursday, September 11th. Wall Street Zen downgraded shares of Synopsys from a “hold” rating to a “sell” rating in a research note on Saturday, September 13th. KeyCorp reduced their price target on Synopsys from $660.00 to $590.00 and set an “overweight” rating for the company in a report on Wednesday, September 10th. Finally, BNP Paribas assumed coverage on Synopsys in a research note on Thursday, October 2nd. They issued an “underperform” rating and a $425.00 price objective on the stock. Nine research analysts have rated the stock with a Buy rating, five have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $562.14.

Insider Transactions at Synopsys

In other news, CAO Sudhindra Kankanwadi sold 9,873 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at approximately $10,278,468. The trade was a 32.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Shelagh Glaser sold 3,655 shares of the firm’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $609.77, for a total transaction of $2,228,709.35. Following the transaction, the chief financial officer directly owned 15,317 shares in the company, valued at approximately $9,339,847.09. This represents a 19.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 30,894 shares of company stock valued at $16,760,783. Company insiders own 0.62% of the company’s stock.

About Synopsys

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.