Synopsys, Inc. $SNPS Stake Raised by Riverbridge Partners LLC

Posted by Brenda Bartman on Nov 11th, 2026

Riverbridge Partners LLC raised its holdings in Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 23.2% during the third quarter, Holdings Channel.com reports. The institutional investor owned 69,586 shares of the semiconductor company’s stock after buying an additional 13,105 shares during the quarter. Riverbridge Partners LLC’s holdings in Synopsys were worth $30,266,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in SNPS. Elevation Wealth Partners LLC raised its holdings in shares of Synopsys by 96.4% during the second quarter. Elevation Wealth Partners LLC now owns 55 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 27 shares in the last quarter. Osbon Capital Management LLC purchased a new stake in Synopsys in the second quarter worth $25,000. IMG Wealth Management Inc. purchased a new stake in Synopsys in the second quarter worth $28,000. GK Wealth Management LLC bought a new stake in Synopsys in the third quarter valued at $28,000. Finally, EFG International AG bought a new stake in Synopsys in the second quarter valued at $34,000. 85.47% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Synopsys

In related news, insider Janet Lee sold 1,144 shares of the business’s stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $502.52, for a total transaction of $574,882.88. Following the sale, the insider owned 16,534 shares of the company’s stock, valued at $8,308,665.68. The trade was a 6.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Sudhindra Kankanwadi sold 9,170 shares of the business’s stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $500.00, for a total transaction of $4,585,000.00. Following the sale, the chief financial officer directly owned 22,717 shares in the company, valued at $11,358,500. The trade was a 28.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 117,163 shares of company stock valued at $51,366,457 over the last 90 days. 0.56% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have issued reports on SNPS shares. Mizuho reduced their price objective on shares of Synopsys from $600.00 to $550.00 and set an “outperform” rating on the stock in a research report on Thursday, August 27th. Roth Capital raised shares of Synopsys to a “buy” rating in a research report on Friday, September 25th. Wells Fargo & Company lifted their target price on shares of Synopsys from $475.00 to $540.00 and gave the company an “overweight” rating in a research note on Thursday, October 1st. Bank of America boosted their price target on shares of Synopsys from $500.00 to $600.00 in a research report on Thursday, October 1st. Finally, Zacks Research upgraded shares of Synopsys from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Synopsys currently has a consensus rating of “Moderate Buy” and a consensus price target of $575.00.

View Our Latest Stock Analysis on SNPS

Synopsys Trading Down 1.5%

NASDAQ SNPS opened at $459.95 on Wednesday. The company has a quick ratio of 1.24, a current ratio of 1.34 and a debt-to-equity ratio of 0.29. Synopsys, Inc. has a twelve month low of $362.55 and a twelve month high of $539.48. The firm has a market capitalization of $88.14 billion, a PE ratio of 47.46, a P/E/G ratio of 1.48 and a beta of 1.18. The stock’s 50 day moving average is $442.50 and its 200 day moving average is $441.75.

Synopsys (NASDAQ:SNPS – Get Free Report) last issued its quarterly earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share for the quarter, topping the consensus estimate of $3.67 by $0.24. The company had revenue of $2.48 billion for the quarter, compared to analysts’ expectations of $2.44 billion. Synopsys had a return on equity of 6.24% and a net margin of 11.43%. The firm’s revenue for the quarter was up 42.4% on a year-over-year basis. During the same period in the prior year, the firm earned $3.39 earnings per share. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. Research analysts forecast that Synopsys, Inc. will post 11.01 earnings per share for the current fiscal year.

Synopsys announced that its board has approved a stock buyback program on Monday, October 5th that authorizes the company to buy back $1 billion in shares. This repurchase authorization authorizes the semiconductor company to purchase up to 1.1% of its shares through open market purchases. Share repurchase programs are often an indication that the company’s management believes its shares are undervalued.

About Synopsys

(Free Report)

Synopsys, Inc. develops software, semiconductor intellectual property (IP) and services used to design and verify electronic systems. Its electronic design automation (EDA) tools help customers create, simulate, test and validate chips and other complex electronic products, while its IP portfolio provides reusable building blocks for semiconductor designs. The company also offers software security and quality tools that help developers identify vulnerabilities and assess applications throughout the software development process.