Synopsys, Inc. $SNPS Stock Holdings Lifted by Financial Management Professionals Inc.

Financial Management Professionals Inc. increased its holdings in Synopsys, Inc. (NASDAQ:SNPS) by 859.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 3,032 shares of the semiconductor company’s stock after buying an additional 2,716 shares during the period. Financial Management Professionals Inc.’s holdings in Synopsys were worth $1,352,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Legacy Wealth Asset Management LLC grew its position in shares of Synopsys by 1.4% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 3,623 shares of the semiconductor company’s stock valued at $1,616,000 after buying an additional 51 shares during the last quarter. Arista Wealth Management LLC bought a new position in Synopsys in the second quarter worth about $446,000. Everhart Financial Group Inc. boosted its stake in Synopsys by 4.9% in the second quarter. Everhart Financial Group Inc. now owns 2,307 shares of the semiconductor company’s stock valued at $1,029,000 after acquiring an additional 107 shares during the period. Hennion & Walsh Asset Management Inc. boosted its stake in Synopsys by 9.7% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 7,445 shares of the semiconductor company’s stock valued at $3,321,000 after acquiring an additional 657 shares during the period. Finally, Norway Savings Bank grew its holdings in shares of Synopsys by 42.3% during the second quarter. Norway Savings Bank now owns 2,061 shares of the semiconductor company’s stock valued at $919,000 after purchasing an additional 613 shares during the last quarter. Institutional investors own 85.47% of the company’s stock.

Insider Buying and Selling at Synopsys

In other Synopsys news, CFO Shelagh Glaser sold 3,394 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $450.02, for a total transaction of $1,527,367.88. Following the completion of the transaction, 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed 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 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 of the company’s stock, valued at approximately $34,431,179.20. The trade was a 16.29% decrease in their position. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.56% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on SNPS shares. Citigroup increased their price target on Synopsys from $600.00 to $610.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Zacks Research upgraded Synopsys from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Benchmark assumed coverage on Synopsys in a research note on Wednesday, July 15th. They set a “buy” rating and a $570.00 price objective for the company. Bank of America increased their target price on Synopsys from $515.00 to $600.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Synopsys in a research note on Monday, June 8th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Synopsys presently has a consensus rating of “Moderate Buy” and a consensus price target of $570.06.

Synopsys Price Performance

Shares of NASDAQ:SNPS opened at $411.68 on Tuesday. The firm’s 50 day moving average is $431.81 and its two-hundred day moving average is $445.60. Synopsys, Inc. has a 52 week low of $366.00 and a 52 week high of $628.89. The firm has a market capitalization of $78.83 billion, a P/E ratio of 95.30, a PEG ratio of 2.44 and a beta of 1.23. The company has a current ratio of 1.43, a quick ratio of 1.32 and a debt-to-equity ratio of 0.33.

Synopsys (NASDAQ:SNPS) last issued 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. Synopsys had a return on equity of 5.83% and a net margin of 8.91%.The business had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.25 billion. During the same period in the previous year, the firm posted $3.67 earnings per share. The business’s revenue was up 41.9% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. Analysts anticipate that Synopsys, Inc. will post 10.65 earnings per share for the current 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.