Representative Dan Newhouse (R-Washington) recently bought shares of Synopsys, Inc. (NASDAQ:SNPS). In a filing disclosed on January 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in Synopsys stock on December 31st. The trade occurred in the Representative’s “EDWARD JONES IRA” account.
Representative Dan Newhouse also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Royal Caribbean Cruises (NYSE:RCL) on 12/31/2025.
- Purchased $1,001 – $15,000 in shares of Broadridge Financial Solutions (NYSE:BR) on 12/31/2025.
- Purchased $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 12/11/2025.
- Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/11/2025.
- Purchased $1,001 – $15,000 in shares of T-Mobile US (NASDAQ:TMUS) on 12/11/2025.
- Purchased $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 12/11/2025.
- Purchased $1,001 – $15,000 in shares of Textron (NYSE:TXT) on 12/11/2025.
- Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 12/11/2025.
- Sold $1,001 – $15,000 in shares of Truist Financial (NYSE:TFC) on 12/11/2025.
- Sold $1,001 – $15,000 in shares of Starbucks (NASDAQ:SBUX) on 12/11/2025.
Synopsys Stock Up 1.6%
Shares of Synopsys stock traded up $8.12 on Friday, reaching $516.31. The stock had a trading volume of 1,850,643 shares, compared to its average volume of 1,516,445. Synopsys, Inc. has a 1 year low of $365.74 and a 1 year high of $651.73. The company has a 50 day moving average price of $455.35 and a 200 day moving average price of $504.95. The company has a quick ratio of 1.52, a current ratio of 1.62 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $98.78 billion, a P/E ratio of 64.62, a P/E/G ratio of 4.30 and a beta of 1.12.
Insider Activity at Synopsys
In other news, CFO Shelagh Glaser sold 3,657 shares of the business’s stock in a transaction 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 completion of the transaction, the chief financial officer directly owned 17,842 shares of the company’s stock, valued at $8,221,058.34. The trade was a 17.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Janet Lee sold 250 shares of Synopsys stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $530.00, for a total value of $132,500.00. Following the sale, the insider owned 11,959 shares of the company’s stock, valued at approximately $6,338,270. This represents a 2.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 4,157 shares of company stock valued at $1,945,036 over the last 90 days. Insiders own 0.62% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on SNPS shares. Citigroup began coverage on Synopsys in a research note on Monday, November 24th. They set a “buy” rating and a $580.00 price target on the stock. BNP Paribas assumed coverage on shares of Synopsys in a research report on Thursday, October 2nd. They set an “underperform” rating and a $425.00 target price on the stock. Wells Fargo & Company raised their price target on shares of Synopsys from $445.00 to $500.00 and gave the stock an “equal weight” rating in a report on Thursday, December 11th. JPMorgan Chase & Co. lifted their price objective on shares of Synopsys from $600.00 to $650.00 and gave the stock an “overweight” rating in a research note on Thursday, December 11th. Finally, Rosenblatt Securities raised Synopsys from a “neutral” rating to a “buy” rating and cut their target price for the company from $605.00 to $560.00 in a research report on Tuesday, December 9th. Nine research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $553.57.
Check Out Our Latest Stock Report on Synopsys
Institutional Trading of Synopsys
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Alpine Bank Wealth Management grew its holdings in Synopsys by 89.3% in the third quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares during the last quarter. TFC Financial Management Inc. grew its stake in 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 acquiring an additional 50 shares during the last quarter. Millstone Evans Group LLC purchased a new position in Synopsys during the 3rd quarter valued at about $27,000. Independence Bank of Kentucky raised its position in Synopsys by 120.0% during the second quarter. Independence Bank of Kentucky now owns 55 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 30 shares during the last quarter. Finally, SOA Wealth Advisors LLC. purchased a new stake in shares of Synopsys in the third quarter valued at about $28,000. 85.47% of the stock is owned by hedge funds and other institutional investors.
About Representative Newhouse
Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.
Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.
Click here to see Newhouse’s key votes in Congress.
Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.
Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.
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.
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