Synopsys (NASDAQ:SNPS) Stock: Insider Sudhindra Kankanwadi Sells 3,000 Shares

Posted by Stanley Muller on Oct 6th, 2026

Synopsys, Inc. (NASDAQ:SNPS – Get Free Report) CFO Sudhindra Kankanwadi sold 3,000 shares of the business’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $484.78, for a total transaction of $1,454,340.00. Following the completion of the transaction, the chief financial officer owned 22,717 shares of the company’s stock, valued at approximately $11,012,747.26. This trade represents a 11.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Sudhindra Kankanwadi also recently made the following trade(s):

On Tuesday, October 6th, Sudhindra Kankanwadi sold 9,170 shares of Synopsys stock. The stock was sold at an average price of $500.00, for a total transaction of $4,585,000.00.

Synopsys Stock Performance

Synopsys stock traded up $16.70 during midday trading on Tuesday, hitting $505.17. 2,737,287 shares of the company’s stock were exchanged, compared to its average volume of 2,364,103. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.24 and a current ratio of 1.34. The firm’s 50 day simple moving average is $412.43 and its 200 day simple moving average is $437.43. Synopsys, Inc. has a 12-month low of $362.55 and a 12-month high of $539.48. The stock has a market cap of $96.81 billion, a price-to-earnings ratio of 89.25, a price-to-earnings-growth ratio of 1.99 and a beta of 1.21.

Synopsys (NASDAQ:SNPS – Get Free Report) last posted its quarterly earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share for the quarter, beating analysts’ consensus estimates of $3.67 by $0.24. Synopsys had a return on equity of 6.24% and a net margin of 11.43%.The firm had revenue of $2.48 billion for the quarter, compared to the consensus estimate of $2.44 billion. During the same period in the previous year, the business earned $3.39 earnings per share. The company’s revenue for the quarter was up 42.4% compared to the same quarter last year. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. Equities research analysts predict that Synopsys, Inc. will post 10.97 EPS for the current year.

Synopsys declared that its board has initiated a stock repurchase program on Monday, October 5th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the semiconductor company to reacquire up to 1.1% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

Several research analysts have weighed in on SNPS shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $640.00 price target on shares of Synopsys in a report on Thursday, October 1st. UBS Group set a $570.00 price target on Synopsys in a research note on Thursday, August 27th. Mizuho lowered their price target on Synopsys from $600.00 to $550.00 and set an “outperform” rating for the company in a report on Thursday, August 27th. Benchmark reiterated a “buy” rating and set a $570.00 price objective on shares of Synopsys in a report on Thursday, August 27th. Finally, Sanford C. Bernstein initiated coverage on shares of Synopsys in a research report on Friday, September 25th. They issued an “outperform” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $584.11.

Check Out Our Latest Analysis on SNPS

Key Stories Impacting Synopsys

Here are the key news stories impacting Synopsys this week:

Positive Sentiment: Synopsys announced new AI chip-design alliances with OpenAI and Amazon, reinforcing its position as a supplier of electronic-design-automation tools for the growing AI infrastructure market. The expanded Amazon relationship is described as a potential $1 billion catalyst. Synopsys Is Up 17.7% After New AI Chip-Design Alliances With OpenAI And Amazon
Positive Sentiment: Synopsys initiated an accelerated share-repurchase agreement with JPMorgan to buy back approximately $1 billion of stock, equal to as much as 1.1% of outstanding shares. The program may support earnings per share and signals management’s confidence in the company’s long-term value. Synopsys Initiates $1 Billion Accelerated Share Repurchase Agreement
Neutral Sentiment: A valuation comparison with Progress Software examines whether SNPS offers better value among computer-software stocks. The discussion is relevant because Synopsys has strong AI-growth exposure, but investors must weigh that opportunity against its premium valuation. PRGS vs. SNPS: Which Stock Should Value Investors Buy Now?
Negative Sentiment: Despite beating earnings estimates three times this year, Synopsys has reportedly seen its shares decline after each earnings release. The recurring pattern suggests investors may continue to sell the stock on strong results if expectations are already high. Synopsys is Hot Again But a Pattern Has Emerged

Hedge Funds Weigh In On Synopsys

Large investors have recently modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Synopsys in the second quarter valued at approximately $747,400,000. Man Group plc bought a new stake in Synopsys in the second quarter valued at about $55,900,000. Bank of America Corp DE acquired a new position in shares of Synopsys in the 2nd quarter worth approximately $539,986,000. Nykredit A S acquired a new stake in shares of Synopsys during the 2nd quarter valued at approximately $23,158,000. Finally, Integrated Wealth Concepts LLC lifted its stake in Synopsys by 88.6% during the second quarter. Integrated Wealth Concepts LLC now owns 6,816 shares of the semiconductor company’s stock worth $3,040,000 after purchasing an additional 3,202 shares during the last quarter. 85.47% of the stock is currently owned by hedge funds and other institutional investors.

About Synopsys

(Get Free Report)

Synopsys, Inc is a technology company that develops electronic design automation (EDA) software, semiconductor intellectual property (IP), and software tools used to design, verify, and manufacture advanced electronic systems. Its solutions support the development of semiconductors, systems-on-chip, and electronic products across the design cycle, from initial specification and architecture through testing and production.

The company’s offerings include digital and custom integrated-circuit design tools, simulation and verification software, physical design and signoff products, and semiconductor IP such as processor cores, interface technologies, and foundational components.