Krane Funds Advisors LLC boosted its position in shares of Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 313.3% in the fourth quarter, Holdings Channel reports. The fund owned 5,654 shares of the semiconductor company’s stock after acquiring an additional 4,286 shares during the period. Synopsys accounts for 0.1% of Krane Funds Advisors LLC’s investment portfolio, making the stock its 26th biggest holding. Krane Funds Advisors LLC’s holdings in Synopsys were worth $2,656,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also made changes to their positions in SNPS. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Synopsys during the 4th quarter valued at approximately $28,000. Oakworth Capital Inc. increased its position in Synopsys by 3,700.0% in the 4th quarter. Oakworth Capital Inc. now owns 76 shares of the semiconductor company’s stock worth $36,000 after buying an additional 74 shares during the period. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Synopsys during the third quarter worth approximately $38,000. N.E.W. Advisory Services LLC boosted its position in shares of Synopsys by 128.6% in 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 during the period. Finally, WealthCollab LLC grew its stake in shares of Synopsys by 110.8% in the third quarter. WealthCollab LLC now owns 78 shares of the semiconductor company’s stock worth $38,000 after acquiring an additional 41 shares during the last quarter. 85.47% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several equities analysts recently commented on the stock. HSBC cut shares of Synopsys from a “buy” rating to a “hold” rating and set a $455.00 target price for the company. in a research note on Friday, February 20th. Berenberg Bank set a $633.00 price objective on shares of Synopsys in a research report on Wednesday, May 27th. Stifel Nicolaus increased their target price on shares of Synopsys from $550.00 to $600.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Bank of America boosted their price target on Synopsys from $515.00 to $600.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Finally, Citigroup raised their price objective on Synopsys from $600.00 to $610.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Nine equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Synopsys presently has an average rating of “Hold” and an average target price of $563.81.
Synopsys Price Performance
NASDAQ SNPS opened at $464.85 on Monday. Synopsys, Inc. has a 1-year low of $376.18 and a 1-year high of $651.73. The company has a market capitalization of $89.01 billion, a price-to-earnings ratio of 107.60, a PEG ratio of 2.71 and a beta of 1.22. The stock’s 50 day moving average is $466.55 and its two-hundred day moving average is $458.28. The company has a current ratio of 1.43, a quick ratio of 1.32 and a debt-to-equity ratio of 0.33.
Synopsys (NASDAQ:SNPS – Get Free Report) last posted its earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 EPS for the quarter, topping the consensus estimate of $3.15 by $0.20. The business had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.25 billion. Synopsys had a return on equity of 5.83% and a net margin of 8.91%.Synopsys’s revenue was up 41.9% on a year-over-year basis. During the same quarter last year, the company earned $3.67 EPS. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. Equities analysts forecast that Synopsys, Inc. will post 10.74 earnings per share for the current fiscal year.
About Synopsys
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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