Kornitzer Capital Management Inc. KS Trims Position in Synopsys, Inc. $SNPS

Kornitzer Capital Management Inc. KS cut its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS) by 18.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,898 shares of the semiconductor company’s stock after selling 2,003 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in Synopsys were worth $4,180,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Sowell Financial Services LLC raised its position in Synopsys by 2.0% during the 4th quarter. Sowell Financial Services LLC now owns 1,056 shares of the semiconductor company’s stock worth $496,000 after buying an additional 21 shares during the last quarter. Natural Investments LLC raised its position in Synopsys by 4.6% during the 4th quarter. Natural Investments LLC now owns 482 shares of the semiconductor company’s stock worth $226,000 after buying an additional 21 shares during the last quarter. Financial Management Professionals Inc. raised its position in Synopsys by 7.0% during the 4th quarter. Financial Management Professionals Inc. now owns 335 shares of the semiconductor company’s stock worth $157,000 after buying an additional 22 shares during the last quarter. Barden Capital Management Inc. raised its position in Synopsys by 1.2% during the 4th quarter. Barden Capital Management Inc. now owns 1,868 shares of the semiconductor company’s stock worth $877,000 after buying an additional 23 shares during the last quarter. Finally, Mutual Advisors LLC raised its position in Synopsys by 2.1% during the 3rd quarter. Mutual Advisors LLC now owns 1,157 shares of the semiconductor company’s stock worth $528,000 after buying an additional 24 shares during the last quarter. 85.47% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on SNPS shares. Piper Sandler reduced their price target on shares of Synopsys from $520.00 to $430.00 and set a “neutral” rating for the company in a research report on Thursday, February 26th. 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. Weiss Ratings reissued a “hold (c)” rating on shares of Synopsys in a research report on Thursday, January 22nd. HSBC cut shares of Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price objective on the stock. in a research note on Friday, February 20th. Finally, The Goldman Sachs Group set a $600.00 price objective on shares of Synopsys and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Eight analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $531.00.

Synopsys Price Performance

Shares of NASDAQ SNPS opened at $489.02 on Friday. The stock has a market capitalization of $93.68 billion, a price-to-earnings ratio of 75.93, a PEG ratio of 3.99 and a beta of 1.25. Synopsys, Inc. has a 12 month low of $376.18 and a 12 month high of $651.73. The firm’s 50 day simple moving average is $430.07 and its 200-day simple moving average is $445.70. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.36 and a quick ratio of 1.26.

Synopsys (NASDAQ:SNPS) last issued its quarterly earnings data on Wednesday, February 25th. The semiconductor company reported $3.77 EPS for the quarter, topping analysts’ consensus estimates of $3.56 by $0.21. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The business had revenue of $2.41 billion for the quarter, compared to analysts’ expectations of $2.39 billion. During the same quarter last year, the company earned $3.03 EPS. The business’s revenue was up 65.6% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. Analysts expect that Synopsys, Inc. will post 10.3 EPS for the current year.

Synopsys 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.