Erste Asset Management GmbH Lowers Stock Holdings in Synopsys, Inc. $SNPS

Erste Asset Management GmbH trimmed its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS) by 25.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 43,719 shares of the semiconductor company’s stock after selling 14,791 shares during the period. Erste Asset Management GmbH’s holdings in Synopsys were worth $20,622,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Synopsys during the fourth quarter valued at approximately $28,000. Oakworth Capital Inc. lifted its holdings in shares of Synopsys by 3,700.0% during the fourth quarter. Oakworth Capital Inc. now owns 76 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 74 shares during the last quarter. KERR FINANCIAL PLANNING Corp purchased a new position in shares of Synopsys during the third quarter valued at approximately $38,000. WealthCollab LLC increased its position in shares of Synopsys by 110.8% during the third quarter. WealthCollab LLC now owns 78 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 41 shares in the last quarter. Finally, N.E.W. Advisory Services LLC increased its position in shares of Synopsys by 128.6% during the fourth quarter. N.E.W. Advisory Services LLC now owns 80 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 45 shares in the last quarter. 85.47% of the stock is currently owned by hedge funds and other institutional investors.

Synopsys Trading Up 1.9%

NASDAQ:SNPS opened at $473.48 on Tuesday. Synopsys, Inc. has a 12 month low of $376.18 and a 12 month high of $651.73. The company has a 50 day simple moving average of $467.98 and a two-hundred day simple moving average of $458.91. The company has a current ratio of 1.43, a quick ratio of 1.32 and a debt-to-equity ratio of 0.33. The company has a market cap of $90.66 billion, a PE ratio of 109.60, a price-to-earnings-growth ratio of 2.71 and a beta of 1.22.

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, beating analysts’ consensus estimates of $3.15 by $0.20. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The firm had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.25 billion. During the same quarter in the previous year, the firm posted $3.67 EPS. The company’s revenue for the quarter was up 41.9% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. Research analysts forecast that Synopsys, Inc. will post 10.74 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on SNPS. Berenberg Bank set a $633.00 price target on shares of Synopsys in a research report on Wednesday, May 27th. The Goldman Sachs Group set a $600.00 price target on shares of Synopsys and gave the company a “buy” rating in a research report on Wednesday, February 25th. Citigroup raised their price target on shares of Synopsys from $600.00 to $610.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Robert W. Baird set a $558.00 price target on shares of Synopsys in a research report on Thursday, May 28th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $580.00 target price on shares of Synopsys in a research report on Thursday, May 28th. 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.com, Synopsys presently has an average rating of “Hold” and a consensus target price of $563.81.

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.