Fairvoy Private Wealth LLC purchased a new stake in shares of Synopsys, Inc. (NASDAQ:SNPS – Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,048 shares of the semiconductor company’s stock, valued at approximately $1,208,000.
Other large investors have also recently bought and sold shares of the company. First American Bank lifted its stake in Synopsys by 1.9% in the 1st quarter. First American Bank now owns 2,398 shares of the semiconductor company’s stock worth $951,000 after acquiring an additional 44 shares in the last quarter. Norway Savings Bank acquired a new stake in Synopsys during the 1st quarter worth about $574,000. Arta Finance Wealth Management LLC grew its stake in Synopsys by 33.3% during the 1st quarter. Arta Finance Wealth Management LLC now owns 676 shares of the semiconductor company’s stock valued at $268,000 after acquiring an additional 169 shares in the last quarter. Ritholtz Wealth Management grew its stake in Synopsys by 21.1% during the 1st quarter. Ritholtz Wealth Management now owns 1,487 shares of the semiconductor company’s stock valued at $589,000 after acquiring an additional 259 shares in the last quarter. Finally, Global Financial Private Client LLC increased its holdings in shares of Synopsys by 84.6% in the 1st quarter. Global Financial Private Client LLC now owns 1,246 shares of the semiconductor company’s stock valued at $494,000 after purchasing an additional 571 shares during the period. 85.47% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Synopsys
In other news, CFO Shelagh Glaser sold 3,394 shares of the stock in a transaction on Friday, June 12th. The shares were sold at an average price of $450.02, for a total transaction of $1,527,367.88. Following the transaction, the chief financial officer owned 14,358 shares in the company, valued at $6,461,387.16. This represents a 19.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,603 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $458.96, for a total transaction of $6,702,192.88. Following the transaction, the chief executive officer owned 75,020 shares in the company, valued at $34,431,179.20. This represents a 16.29% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 0.56% of the company’s stock.
Wall Street Analysts Forecast Growth
View Our Latest Stock Report on SNPS
Synopsys Stock Down 1.9%
Shares of Synopsys stock opened at $455.02 on Friday. The firm has a market cap of $87.13 billion, a price-to-earnings ratio of 105.33, a P/E/G ratio of 2.73 and a beta of 1.22. The stock has a 50-day simple moving average of $483.35 and a 200-day simple moving average of $462.20. Synopsys, Inc. has a 52-week low of $376.18 and a 52-week high of $651.73. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.43 and a quick ratio of 1.32.
Synopsys (NASDAQ:SNPS – Get Free Report) last released its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $3.35 EPS for the quarter, topping analysts’ consensus estimates of $3.15 by $0.20. The firm had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.25 billion. Synopsys had a return on equity of 5.83% and a net margin of 8.91%.The firm’s revenue was up 41.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.67 earnings per share. 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, equities research analysts expect that Synopsys, Inc. will post 10.65 earnings per share for the current fiscal year.
Synopsys Company 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.
Featured Articles
- Five stocks we like better than Synopsys
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
Want to see what other hedge funds are holding SNPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Synopsys, Inc. (NASDAQ:SNPS – Free Report).
Receive News & Ratings for Synopsys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Synopsys and related companies with MarketBeat.com's FREE daily email newsletter.
