Handelsbanken Fonder AB Sells 42,939 Shares of Synopsys, Inc. $SNPS

Handelsbanken Fonder AB lowered its holdings in shares of Synopsys, Inc. (NASDAQ:SNPSFree Report) by 39.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 66,189 shares of the semiconductor company’s stock after selling 42,939 shares during the quarter. Handelsbanken Fonder AB’s holdings in Synopsys were worth $31,090,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of Synopsys by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 18,464,862 shares of the semiconductor company’s stock valued at $8,673,315,000 after purchasing an additional 283,677 shares during the last quarter. State Street Corp grew its holdings in shares of Synopsys by 20.6% during the 3rd quarter. State Street Corp now owns 8,760,358 shares of the semiconductor company’s stock valued at $4,322,273,000 after purchasing an additional 1,493,912 shares during the last quarter. Victory Capital Management Inc. grew its holdings in shares of Synopsys by 238.8% during the 3rd quarter. Victory Capital Management Inc. now owns 2,824,349 shares of the semiconductor company’s stock valued at $1,393,506,000 after purchasing an additional 1,990,608 shares during the last quarter. Capital Research Global Investors grew its holdings in shares of Synopsys by 226.6% during the 3rd quarter. Capital Research Global Investors now owns 2,524,512 shares of the semiconductor company’s stock valued at $1,245,533,000 after purchasing an additional 1,751,432 shares during the last quarter. Finally, Van ECK Associates Corp grew its holdings in shares of Synopsys by 15.3% during the 3rd quarter. Van ECK Associates Corp now owns 2,216,908 shares of the semiconductor company’s stock valued at $1,093,800,000 after purchasing an additional 293,784 shares during the last quarter. Institutional investors own 85.47% of the company’s stock.

Key Headlines Impacting Synopsys

Here are the key news stories impacting Synopsys this week:

Synopsys Trading Down 0.9%

Shares of SNPS opened at $493.87 on Wednesday. The stock has a market capitalization of $94.61 billion, a P/E ratio of 76.69, a PEG ratio of 4.07 and a beta of 1.25. The company has a quick ratio of 1.26, a current ratio of 1.36 and a debt-to-equity ratio of 0.33. The firm has a fifty day simple moving average of $446.51 and a two-hundred day simple moving average of $449.82. Synopsys, Inc. has a twelve month low of $376.18 and a twelve month high of $651.73.

Synopsys (NASDAQ:SNPSGet Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, beating the consensus estimate of $3.56 by $0.21. The business had revenue of $2.41 billion during the quarter, compared to analysts’ expectations of $2.39 billion. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The firm’s revenue for the quarter was up 65.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.03 EPS. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. On average, research analysts anticipate that Synopsys, Inc. will post 10.3 EPS for the current year.

Analyst Upgrades and Downgrades

SNPS has been the topic of several recent research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Synopsys in a report on Thursday, January 22nd. HSBC cut shares of Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price target for the company. in a research report on Friday, February 20th. Rosenblatt Securities dropped their price target on shares of Synopsys from $560.00 to $530.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Needham & Company LLC reissued a “buy” rating on shares of Synopsys in a research report on Thursday, February 26th. Finally, Morgan Stanley reissued an “equal weight” rating and set a $480.00 price target (down from $550.00) on shares of Synopsys in a research report on Wednesday, February 25th. Eight equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Synopsys presently has a consensus rating of “Hold” and a consensus price target of $536.00.

View Our Latest Stock Report on Synopsys

Synopsys Profile

(Free Report)

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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Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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