TD Private Client Wealth LLC Sells 1,027 Shares of Synopsys, Inc. $SNPS

TD Private Client Wealth LLC trimmed its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 69.3% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 455 shares of the semiconductor company’s stock after selling 1,027 shares during the quarter. TD Private Client Wealth LLC’s holdings in Synopsys were worth $224,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Alpine Bank Wealth Management lifted its position in Synopsys by 89.3% during the third quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 25 shares during the period. TFC Financial Management Inc. raised its position in shares of Synopsys by 1,250.0% in the 3rd quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 50 shares in the last quarter. Independence Bank of Kentucky raised its position in shares of Synopsys by 120.0% in the 2nd quarter. Independence Bank of Kentucky now owns 55 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 30 shares in the last quarter. SOA Wealth Advisors LLC. bought a new stake in shares of Synopsys during the 3rd quarter worth approximately $28,000. Finally, McIlrath & Eck LLC acquired a new stake in shares of Synopsys during the 3rd quarter worth approximately $29,000. 85.47% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Synopsys

In related news, CFO Shelagh Glaser sold 3,657 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $460.77, for a total value of $1,685,035.89. Following the sale, the chief financial officer directly owned 17,842 shares in the company, valued at $8,221,058.34. This represents a 17.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Janet Lee sold 250 shares of the firm’s stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $530.00, for a total transaction of $132,500.00. Following the transaction, the insider owned 11,959 shares of the company’s stock, valued at approximately $6,338,270. The trade was a 2.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 4,157 shares of company stock worth $1,945,036 in the last quarter. Corporate insiders own 0.62% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on SNPS shares. Bank of America upgraded shares of Synopsys from an “underperform” rating to a “neutral” rating and lowered their price objective for the company from $525.00 to $500.00 in a research report on Monday, December 8th. Wall Street Zen upgraded Synopsys from a “sell” rating to a “hold” rating in a research report on Saturday, December 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Synopsys in a research report on Wednesday, October 8th. BNP Paribas initiated coverage on shares of Synopsys in a report on Thursday, October 2nd. They issued an “underperform” rating and a $425.00 target price for the company. Finally, KeyCorp lifted their price target on shares of Synopsys from $575.00 to $600.00 and gave the company an “overweight” rating in a report on Thursday, December 11th. Nine research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Synopsys presently has a consensus rating of “Hold” and an average price target of $553.57.

Synopsys Stock Up 1.6%

NASDAQ:SNPS opened at $516.31 on Friday. Synopsys, Inc. has a one year low of $365.74 and a one year high of $651.73. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.62 and a quick ratio of 1.52. The company has a market cap of $98.78 billion, a PE ratio of 64.62, a P/E/G ratio of 4.30 and a beta of 1.12. The firm’s 50 day simple moving average is $455.35 and its 200 day simple moving average is $504.95.

Synopsys (NASDAQ:SNPS) last announced its quarterly earnings results on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.79 by $0.11. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. The firm had revenue of $2.25 billion during the quarter, compared to analysts’ expectations of $2.25 billion. During the same period in the prior year, the company posted $3.40 EPS. The company’s revenue was up 37.8% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.320-14.400 EPS and its Q1 2026 guidance at 3.520-3.580 EPS. On average, research analysts anticipate that Synopsys, Inc. will post 10.64 earnings per share for the current 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.