Diversify Advisory Services LLC bought a new stake in shares of Synopsys, Inc. (NASDAQ:SNPS – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 3,647 shares of the semiconductor company’s stock, valued at approximately $1,419,000.
Other institutional investors also recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Synopsys during the second quarter valued at approximately $747,400,000. China Universal Asset Management Co. Ltd. increased its holdings in shares of Synopsys by 31.8% in the fourth quarter. China Universal Asset Management Co. Ltd. now owns 14,810 shares of the semiconductor company’s stock valued at $6,957,000 after buying an additional 3,575 shares in the last quarter. Norges Bank bought a new position in shares of Synopsys in the fourth quarter valued at $730,197,000. SBI Okasan Asset Management Co.Ltd. acquired a new stake in shares of Synopsys during the 4th quarter valued at $1,699,000. Finally, Atreides Management LP acquired a new stake in shares of Synopsys during the 1st quarter valued at $54,288,000. 85.47% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on SNPS. Benchmark restated a “buy” rating on shares of Synopsys in a report on Wednesday. Wells Fargo & Company decreased their price target on Synopsys from $535.00 to $450.00 and set an “equal weight” rating for the company in a research report on Tuesday, August 11th. Berenberg Bank set a $633.00 price target on Synopsys in a research note on Wednesday, May 27th. KeyCorp restated an “overweight” rating on shares of Synopsys in a report on Wednesday. Finally, Robert W. Baird set a $558.00 price objective on shares of Synopsys in a research note on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Synopsys currently has an average rating of “Moderate Buy” and an average target price of $563.59.
Insider Transactions at Synopsys
In related news, CFO Shelagh Glaser sold 3,394 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $450.02, for a total value of $1,527,367.88. Following the transaction, the chief financial officer owned 14,358 shares in the company, valued at approximately $6,461,387.16. This represents a 19.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 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 that occurred 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 directly owned 75,020 shares in the company, valued at approximately $34,431,179.20. The trade was a 16.29% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. 0.56% of the stock is owned by company insiders.
Synopsys Trading Down 0.8%
Shares of NASDAQ:SNPS opened at $401.24 on Thursday. The firm has a fifty day moving average of $422.02 and a two-hundred day moving average of $440.99. The company has a quick ratio of 1.32, a current ratio of 1.43 and a debt-to-equity ratio of 0.33. Synopsys, Inc. has a 12-month low of $366.00 and a 12-month high of $615.79. The firm has a market capitalization of $76.83 billion, a P/E ratio of 92.88, a price-to-earnings-growth ratio of 2.38 and a beta of 1.23.
Synopsys (NASDAQ:SNPS – Get Free Report) last announced its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.15 by $0.20. The business had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.25 billion. Synopsys had a return on equity of 5.83% and a net margin of 8.91%.Synopsys’s quarterly revenue was up 41.9% compared to the same quarter last year. During the same period last year, the company earned $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 analysts expect that Synopsys, Inc. will post 10.65 EPS for the current fiscal year.
About Synopsys
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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