Security National Bank Acquires 2,216 Shares of Synopsys, Inc. $SNPS

Security National Bank lifted its holdings in shares of Synopsys, Inc. (NASDAQ:SNPSFree Report) by 17.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,082 shares of the semiconductor company’s stock after acquiring an additional 2,216 shares during the quarter. Security National Bank’s holdings in Synopsys were worth $6,728,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of SNPS. Sankala Group LLC bought a new position in Synopsys in the 4th quarter valued at $25,000. Elevation Wealth Partners LLC raised its stake in shares of Synopsys by 96.4% during the 2nd quarter. Elevation Wealth Partners LLC now owns 55 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 27 shares during the period. Caitong International Asset Management Co. Ltd purchased a new position in shares of Synopsys in the 4th quarter worth about $28,000. IMG Wealth Management Inc. bought a new position in Synopsys during the first quarter valued at about $30,000. Finally, Atlas Capital Advisors Inc. bought a new position in Synopsys during the fourth quarter valued at about $32,000. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Sassine Ghazi sold 14,603 shares of Synopsys stock in a transaction on Monday, June 15th. The stock was sold at an average price of $458.96, for a total value of $6,702,192.88. Following the completion of the transaction, the chief executive officer directly owned 75,020 shares in the company, valued at approximately $34,431,179.20. The trade was a 16.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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. Also, CFO Shelagh Glaser sold 3,394 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $450.02, for a total value of $1,527,367.88. Following the sale, the chief financial officer owned 14,358 shares in the company, valued at approximately $6,461,387.16. The trade was a 19.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.56% of the company’s stock.

Wall Street Analyst Weigh In

SNPS has been the topic of several research reports. Zacks Research raised shares of Synopsys from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Robert W. Baird set a $558.00 target price on shares of Synopsys in a research report on Thursday, May 28th. Needham & Company LLC restated a “buy” rating and set a $580.00 price target on shares of Synopsys in a research note on Thursday, May 28th. BNP Paribas Exane lifted their price target on shares of Synopsys from $425.00 to $450.00 and gave the stock an “underperform” rating in a report on Thursday, May 28th. Finally, Piper Sandler upgraded Synopsys from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $450.00 to $550.00 in a research note on Tuesday, June 23rd. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Synopsys presently has an average rating of “Moderate Buy” and an average target price of $565.06.

Check Out Our Latest Report on Synopsys

Synopsys Price Performance

Shares of NASDAQ:SNPS opened at $411.75 on Friday. The firm has a market capitalization of $78.84 billion, a PE ratio of 95.31, a P/E/G ratio of 2.42 and a beta of 1.23. The company has a quick ratio of 1.32, a current ratio of 1.43 and a debt-to-equity ratio of 0.33. The company has a 50-day moving average price of $426.49 and a two-hundred day moving average price of $443.50. Synopsys, Inc. has a twelve month low of $366.00 and a twelve month high of $626.24.

Synopsys (NASDAQ:SNPSGet Free Report) last posted its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.15 by $0.20. The company had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.25 billion. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The company’s quarterly revenue was up 41.9% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. Equities analysts forecast that Synopsys, Inc. will post 10.65 EPS for the current year.

More Synopsys News

Here are the key news stories impacting Synopsys this week:

Synopsys 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.

Read More

Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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.