China Universal Asset Management Co. Ltd. Purchases 2,081 Shares of Synopsys, Inc. $SNPS

China Universal Asset Management Co. Ltd. lifted its position in shares of Synopsys, Inc. (NASDAQ:SNPS) by 19.2% in the third quarter, HoldingsChannel.com reports. The firm owned 12,908 shares of the semiconductor company’s stock after purchasing an additional 2,081 shares during the period. China Universal Asset Management Co. Ltd.’s holdings in Synopsys were worth $5,358,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Motley Fool Asset Management LLC bought a new stake in Synopsys during the 3rd quarter valued at approximately $5,749,000. North Dakota State Investment Board lifted its position in Synopsys by 0.5% during the third quarter. North Dakota State Investment Board now owns 5,706 shares of the semiconductor company’s stock valued at $2,482,000 after buying an additional 29 shares during the period. Sigma Investment Counselors Inc. lifted its position in Synopsys by 18.6% during the third quarter. Sigma Investment Counselors Inc. now owns 24,448 shares of the semiconductor company’s stock valued at $10,633,000 after buying an additional 3,828 shares during the period. Generali Asset Management SPA SGR boosted its holdings in shares of Synopsys by 2.2% during the 3rd quarter. Generali Asset Management SPA SGR now owns 15,408 shares of the semiconductor company’s stock valued at $6,702,000 after buying an additional 338 shares in the last quarter. Finally, Asset Management One Co. Ltd. boosted its holdings in shares of Synopsys by 0.8% during the 3rd quarter. Asset Management One Co. Ltd. now owns 79,536 shares of the semiconductor company’s stock valued at $34,593,000 after buying an additional 654 shares in the last quarter. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Synopsys Stock Up 1.7%

SNPS stock opened at $490.19 on Friday. The company has a market cap of $93.94 billion, a price-to-earnings ratio of 86.61, a P/E/G ratio of 1.96 and a beta of 1.21. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.24 and a current ratio of 1.34. The business’s 50-day moving average is $436.08 and its two-hundred day moving average is $443.95. Synopsys, Inc. has a fifty-two week low of $362.55 and a fifty-two week high of $539.48.

Synopsys (NASDAQ:SNPS) last announced its earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.67 by $0.24. Synopsys had a net margin of 11.43% and a return on equity of 6.24%. The company had revenue of $2.48 billion during the quarter, compared to analyst estimates of $2.44 billion. During the same period in the previous year, the business posted $3.39 earnings per share. The firm’s quarterly revenue was up 42.4% compared to the same quarter last year. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. As a group, analysts forecast that Synopsys, Inc. will post 11.01 earnings per share for the current year.

Synopsys declared that its board has authorized a stock buyback program on Monday, October 5th that allows the company to repurchase $1 billion in shares. This repurchase authorization allows the semiconductor company to purchase up to 1.1% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Roth Capital upgraded Synopsys to a “buy” rating in a report on Friday, September 25th. UBS Group set a $570.00 target price on shares of Synopsys in a report on Thursday, August 27th. HSBC downgraded shares of Synopsys from a “buy” rating to a “reduce” rating in a research note on Friday, September 25th. Sanford C. Bernstein started coverage on shares of Synopsys in a report on Friday, September 25th. They set an “outperform” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $640.00 price target (up from $590.00) on shares of Synopsys in a report on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Synopsys presently has a consensus rating of “Moderate Buy” and a consensus price target of $575.00.

Insider Buying and Selling at Synopsys

In other Synopsys news, insider Janet Lee sold 1,144 shares of the business’s stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $502.52, for a total transaction of $574,882.88. Following the completion of the sale, the insider owned 16,534 shares of the company’s stock, valued at approximately $8,308,665.68. The trade was a 6.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Sudhindra Kankanwadi sold 9,170 shares of the company’s stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $500.00, for a total value of $4,585,000.00. Following the completion of the sale, the chief financial officer owned 22,717 shares of the company’s stock, valued at approximately $11,358,500. The trade was a 28.76% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 117,163 shares of company stock worth $51,366,457. 0.56% of the stock is owned by insiders.

Synopsys Profile

Synopsys, Inc is an electronic design automation (EDA) and semiconductor intellectual property company serving the global semiconductor and electronics industries. Its software helps engineers design, verify, test and manufacture advanced integrated circuits and electronic systems.

The company’s products and services support digital and analog design, functional verification, design-for-test, manufacturing and semiconductor engineering workflows. Synopsys also provides reusable semiconductor IP, including processor cores, interface technologies, security solutions and other components used in system-on-chip designs.

In addition to its semiconductor design offerings, Synopsys provides software development and application security tools intended to help organizations identify and manage vulnerabilities and risks across the software development lifecycle.