STF Management LP trimmed its holdings in Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 56.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,172 shares of the semiconductor company’s stock after selling 1,524 shares during the quarter. STF Management LP’s holdings in Synopsys were worth $551,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors also recently modified their holdings of the business. Sowell Financial Services LLC increased its stake in Synopsys by 2.0% during the 4th quarter. Sowell Financial Services LLC now owns 1,056 shares of the semiconductor company’s stock valued at $496,000 after purchasing an additional 21 shares in the last quarter. Natural Investments LLC raised its holdings in Synopsys by 4.6% in the 4th quarter. Natural Investments LLC now owns 482 shares of the semiconductor company’s stock worth $226,000 after acquiring an additional 21 shares during the last quarter. Financial Management Professionals Inc. raised its holdings in Synopsys by 7.0% in the 4th quarter. Financial Management Professionals Inc. now owns 335 shares of the semiconductor company’s stock worth $157,000 after acquiring an additional 22 shares during the last quarter. Foronjy Financial LLC raised its holdings in Synopsys by 5.2% in the 4th quarter. Foronjy Financial LLC now owns 446 shares of the semiconductor company’s stock worth $210,000 after acquiring an additional 22 shares during the last quarter. Finally, Barden Capital Management Inc. raised its holdings in Synopsys by 1.2% in the 4th quarter. Barden Capital Management Inc. now owns 1,868 shares of the semiconductor company’s stock worth $877,000 after acquiring an additional 23 shares during the last quarter. 85.47% of the stock is currently owned by institutional investors.
Synopsys Stock Performance
Shares of SNPS stock opened at $502.42 on Friday. The company has a 50 day moving average price of $444.25 and a 200-day moving average price of $449.37. Synopsys, Inc. has a 52 week low of $376.18 and a 52 week high of $651.73. The firm has a market capitalization of $96.24 billion, a PE ratio of 78.02, a P/E/G ratio of 4.10 and a beta of 1.25. The company has a quick ratio of 1.26, a current ratio of 1.36 and a debt-to-equity ratio of 0.33.
Wall Street Analysts Forecast Growth
A number of analysts have commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Synopsys in a report on Thursday, January 22nd. HSBC lowered Synopsys from a “buy” rating to a “hold” rating and set a $455.00 target price for the company. in a report on Friday, February 20th. Citigroup lifted their target price on Synopsys from $580.00 to $600.00 and gave the stock a “buy” rating in a report on Wednesday. Morgan Stanley reissued an “equal weight” rating and issued a $480.00 target price (down from $550.00) on shares of Synopsys in a report on Wednesday, February 25th. Finally, Rosenblatt Securities reduced their target price on Synopsys from $560.00 to $530.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Eight equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Synopsys presently has an average rating of “Hold” and an average target price of $536.00.
Read Our Latest Analysis on SNPS
Synopsys Profile
Synopsys, Inc is a leading provider of electronic design automation (EDA) software and semiconductor intellectual property (IP) used to design, verify and manufacture integrated circuits and complex systems-on-chip (SoCs). Its product portfolio spans tools and technologies for front‑end design and synthesis, simulation and verification, physical implementation and signoff, and design-for-manufacturability, enabling chip designers to move from architecture through tape‑out.
In addition to core EDA offerings, Synopsys supplies a broad set of semiconductor IP building blocks — such as interface, memory and analog/mixed-signal cores — that customers integrate into SoCs to accelerate development.
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