Capital World Investors cut its position in Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 11.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 6,635,080 shares of the semiconductor company’s stock after selling 868,907 shares during the quarter. Capital World Investors’ holdings in Synopsys were worth $3,116,708,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Synopsys in the fourth quarter worth about $28,000. Oakworth Capital Inc. raised its holdings in Synopsys by 3,700.0% in the fourth quarter. Oakworth Capital Inc. now owns 76 shares of the semiconductor company’s stock worth $36,000 after buying an additional 74 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new position in Synopsys in the third quarter worth about $38,000. WealthCollab LLC raised its holdings in Synopsys by 110.8% in the third quarter. WealthCollab LLC now owns 78 shares of the semiconductor company’s stock worth $38,000 after buying an additional 41 shares during the last quarter. Finally, N.E.W. Advisory Services LLC raised its holdings in Synopsys by 128.6% in the fourth quarter. N.E.W. Advisory Services LLC now owns 80 shares of the semiconductor company’s stock worth $38,000 after buying an additional 45 shares during the last quarter. 85.47% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
SNPS has been the subject of several recent analyst reports. HSBC cut shares of 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. Robert W. Baird set a $558.00 price objective on shares of Synopsys in a report on Thursday, May 28th. Citigroup boosted their price objective on shares of Synopsys from $600.00 to $610.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Stifel Nicolaus boosted their price objective on shares of Synopsys from $550.00 to $600.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, Bank of America boosted their price objective on shares of Synopsys from $515.00 to $600.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Nine research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Synopsys presently has an average rating of “Hold” and an average target price of $563.81.
Synopsys Stock Down 6.0%
Shares of SNPS stock opened at $464.85 on Friday. Synopsys, Inc. has a 12 month low of $376.18 and a 12 month high of $651.73. The stock has a market cap of $89.01 billion, a P/E ratio of 107.60, a P/E/G ratio of 2.83 and a beta of 1.22. The company has a current ratio of 1.43, a quick ratio of 1.32 and a debt-to-equity ratio of 0.33. The company has a 50 day simple moving average of $466.55 and a two-hundred day simple moving average of $457.80.
Synopsys (NASDAQ:SNPS – Get Free Report) last announced its earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 EPS for the quarter, beating analysts’ consensus estimates of $3.15 by $0.20. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The business had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.25 billion. During the same period in the prior year, the company earned $3.67 earnings per share. The firm’s revenue was up 41.9% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. On average, research analysts expect that Synopsys, Inc. will post 10.74 earnings per share for the current year.
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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