394 Shares in Synopsys, Inc. $SNPS Bought by Curated Wealth Partners LLC

Curated Wealth Partners LLC acquired a new position in shares of Synopsys, Inc. (NASDAQ:SNPS) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 394 shares of the semiconductor company’s stock, valued at approximately $202,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Hemington Wealth Management lifted its position in shares of Synopsys by 10.1% during the 2nd quarter. Hemington Wealth Management now owns 197 shares of the semiconductor company’s stock worth $100,000 after buying an additional 18 shares during the last quarter. Concord Asset Management LLC VA increased its holdings in shares of Synopsys by 0.8% during the second quarter. Concord Asset Management LLC VA now owns 2,379 shares of the semiconductor company’s stock worth $1,220,000 after buying an additional 18 shares in the last quarter. MCF Advisors LLC increased its holdings in shares of Synopsys by 16.2% during the second quarter. MCF Advisors LLC now owns 136 shares of the semiconductor company’s stock worth $70,000 after buying an additional 19 shares in the last quarter. Capital Advisors Ltd. LLC increased its holdings in shares of Synopsys by 14.5% during the second quarter. Capital Advisors Ltd. LLC now owns 158 shares of the semiconductor company’s stock worth $81,000 after buying an additional 20 shares in the last quarter. Finally, Trust Point Inc. increased its holdings in shares of Synopsys by 4.4% during the second quarter. Trust Point Inc. now owns 494 shares of the semiconductor company’s stock worth $253,000 after buying an additional 21 shares in the last quarter. 85.47% of the stock is currently owned by institutional investors.

Synopsys Price Performance

SNPS stock opened at $443.76 on Wednesday. The stock has a market capitalization of $82.43 billion, a PE ratio of 34.83, a price-to-earnings-growth ratio of 4.94 and a beta of 1.10. The company’s 50-day moving average is $536.55 and its 200-day moving average is $510.59. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.62 and a quick ratio of 1.51. Synopsys, Inc. has a 1 year low of $365.74 and a 1 year high of $651.73.

Synopsys (NASDAQ:SNPS) last released its quarterly earnings data on Tuesday, September 9th. The semiconductor company reported $2.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.75 by ($1.45). Synopsys had a return on equity of 10.82% and a net margin of 31.04%.The company had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.77 billion. During the same period last year, the company earned $3.43 EPS. Synopsys’s revenue for the quarter was up 14.0% compared to the same quarter last year. Synopsys has set its FY 2025 guidance at 12.760-12.800 EPS. Q4 2025 guidance at 2.760-2.80 EPS. Equities research analysts expect that Synopsys, Inc. will post 10.64 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

SNPS has been the subject of several research analyst reports. Zacks Research downgraded shares of Synopsys from a “hold” rating to a “strong sell” rating in a report on Friday, September 12th. Needham & Company LLC lowered their price target on shares of Synopsys from $660.00 to $550.00 and set a “buy” rating for the company in a report on Wednesday, September 10th. Citigroup downgraded shares of Synopsys from a “neutral” rating to an “underperform” rating in a report on Wednesday, September 10th. Morgan Stanley lowered their price target on shares of Synopsys from $715.00 to $510.00 and set an “overweight” rating for the company in a report on Thursday, September 11th. Finally, Wall Street Zen downgraded shares of Synopsys from a “hold” rating to a “sell” rating in a report on Saturday, September 13th. Ten research analysts have rated the stock with a Buy rating, five have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, Synopsys presently has a consensus rating of “Hold” and an average target price of $569.67.

Insider Buying and Selling at Synopsys

In related news, CEO Sassine Ghazi sold 11,366 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $589.01, for a total value of $6,694,687.66. Following the transaction, the chief executive officer owned 71,615 shares of the company’s stock, valued at approximately $42,181,951.15. This trade represents a 13.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Sudhindra Kankanwadi sold 9,873 shares of the firm’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $500.90, for a total transaction of $4,945,385.70. Following the completion of the transaction, the chief accounting officer directly owned 20,520 shares in the company, valued at approximately $10,278,468. The trade was a 32.48% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 30,894 shares of company stock worth $16,760,783 in the last quarter. 0.62% of the stock is owned by insiders.

Synopsys Profile

Synopsys, Inc provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions.