Parker Investment Management LLC Takes $892,000 Position in Synopsys, Inc. $SNPS

Parker Investment Management LLC acquired a new stake in Synopsys, Inc. (NASDAQ:SNPS – Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 1,900 shares of the semiconductor company’s stock, valued at approximately $892,000. Synopsys comprises approximately 0.1% of Parker Investment Management LLC’s investment portfolio, making the stock its 26th largest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SNPS. Empirical Asset Management LLC acquired a new position in Synopsys during the third quarter worth $773,000. China Universal Asset Management Co. Ltd. lifted its holdings in Synopsys by 31.8% during the 4th quarter. China Universal Asset Management Co. Ltd. now owns 14,810 shares of the semiconductor company’s stock valued at $6,957,000 after purchasing an additional 3,575 shares during the last quarter. SeaTown Holdings Pte. Ltd. boosted its position in Synopsys by 55.9% during the fourth quarter. SeaTown Holdings Pte. Ltd. now owns 22,300 shares of the semiconductor company’s stock worth $10,475,000 after purchasing an additional 8,000 shares during the period. Vanguard Group Inc. increased its holdings in shares of Synopsys by 20.7% in the third quarter. Vanguard Group Inc. now owns 18,181,185 shares of the semiconductor company’s stock valued at $8,970,415,000 after purchasing an additional 3,120,401 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Synopsys in the fourth quarter valued at $730,197,000. 85.47% of the stock is currently owned by institutional investors and hedge funds.

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Synopsys Price Performance

Shares of NASDAQ SNPS opened at $453.89 on Monday. 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 market cap of $86.91 billion, a price-to-earnings ratio of 105.07, a PEG ratio of 2.67 and a beta of 1.22. Synopsys, Inc. has a 12 month low of $376.18 and a 12 month high of $651.73. The stock has a 50-day moving average price of $473.57 and a two-hundred day moving average price of $460.82.

Synopsys (NASDAQ:SNPS – Get Free Report) last issued its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share (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 analyst estimates of $2.25 billion. During the same quarter last year, the business earned $3.67 EPS. The firm’s quarterly 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. As a group, analysts forecast that Synopsys, Inc. will post 10.65 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Citigroup upped 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. Robert W. Baird set a $558.00 price objective on shares of Synopsys in a report on Thursday, May 28th. The Goldman Sachs Group set a $600.00 price objective on shares of Synopsys and gave the company a “buy” rating in a report on Wednesday, February 25th. HSBC downgraded shares of Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price objective on the stock. in a report on Friday, February 20th. Finally, Berenberg Bank set a $633.00 price objective on shares of Synopsys in a report on Wednesday, May 27th. Nine equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $563.81.

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Synopsys Company Profile

(Free Report)

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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