Massachusetts Financial Services Co. MA Increases Stock Position in Synopsys, Inc. $SNPS

Massachusetts Financial Services Co. MA raised its position in Synopsys, Inc. (NASDAQ:SNPS) by 177.5% during the third quarter, Holdings Channel.com reports. The fund owned 865,987 shares of the semiconductor company’s stock after purchasing an additional 553,924 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Synopsys were worth $427,269,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Norges Bank purchased a new position in Synopsys during the 2nd quarter valued at about $647,964,000. Ameriprise Financial Inc. grew its position in shares of Synopsys by 29.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,598,874 shares of the semiconductor company’s stock worth $1,333,095,000 after buying an additional 585,494 shares during the last quarter. Ninety One UK Ltd purchased a new position in shares of Synopsys during the third quarter valued at approximately $249,851,000. Aspex Management HK Ltd raised its holdings in shares of Synopsys by 106.0% during the second quarter. Aspex Management HK Ltd now owns 645,895 shares of the semiconductor company’s stock valued at $331,137,000 after acquiring an additional 332,364 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in Synopsys by 1.6% in the second quarter. Vanguard Group Inc. now owns 15,060,784 shares of the semiconductor company’s stock worth $7,721,363,000 after acquiring an additional 231,014 shares during the period. 85.47% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Synopsys news, insider Janet Lee sold 250 shares of the company’s stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $530.00, for a total value of $132,500.00. Following the completion of the transaction, the insider directly owned 11,959 shares in the company, valued at $6,338,270. This represents a 2.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Shelagh Glaser sold 3,657 shares of the firm’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $460.77, for a total transaction of $1,685,035.89. Following the transaction, the chief financial officer directly owned 17,842 shares of the company’s stock, valued at $8,221,058.34. The trade was a 17.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 4,157 shares of company stock valued at $1,945,036. Corporate insiders own 0.62% of the company’s stock.

Synopsys Trading Up 1.6%

Synopsys stock opened at $516.31 on Monday. The company has a quick ratio of 1.52, a current ratio of 1.62 and a debt-to-equity ratio of 0.48. Synopsys, Inc. has a 52-week low of $365.74 and a 52-week high of $651.73. The company has a market cap of $98.78 billion, a P/E ratio of 64.62, a P/E/G ratio of 4.30 and a beta of 1.12. The business has a 50-day simple moving average of $455.35 and a two-hundred day simple moving average of $504.83.

Synopsys (NASDAQ:SNPS) last issued its quarterly earnings results on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share for the quarter, topping the consensus estimate of $2.79 by $0.11. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. The business had revenue of $2.25 billion for the quarter, compared to analysts’ expectations of $2.25 billion. During the same quarter last year, the company posted $3.40 EPS. The company’s revenue was up 37.8% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.320-14.400 EPS and its Q1 2026 guidance at 3.520-3.580 EPS. Analysts predict that Synopsys, Inc. will post 10.64 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. BNP Paribas began coverage on shares of Synopsys in a research report on Thursday, October 2nd. They set an “underperform” rating and a $425.00 price objective on the stock. JPMorgan Chase & Co. boosted their price target on shares of Synopsys from $600.00 to $650.00 and gave the company an “overweight” rating in a research report on Thursday, December 11th. Needham & Company LLC increased their price target on shares of Synopsys from $550.00 to $580.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Zacks Research raised Synopsys from a “strong sell” rating to a “hold” rating in a research report on Monday, November 10th. Finally, Wall Street Zen upgraded Synopsys from a “sell” rating to a “hold” rating in a report on Saturday, December 13th. Nine equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $553.57.

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.