National Pension Service Increases Stake in Synopsys, Inc. $SNPS

National Pension Service increased its stake in Synopsys, Inc. (NASDAQ:SNPSFree Report) by 1.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 470,136 shares of the semiconductor company’s stock after buying an additional 8,748 shares during the period. National Pension Service’s holdings in Synopsys were worth $209,714,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. AGH Wealth Advisors LLC raised its position in shares of Synopsys by 4.4% in the 1st quarter. AGH Wealth Advisors LLC now owns 569 shares of the semiconductor company’s stock worth $226,000 after acquiring an additional 24 shares in the last quarter. Hardy Reed LLC grew its stake in Synopsys by 0.8% in the fourth quarter. Hardy Reed LLC now owns 3,309 shares of the semiconductor company’s stock worth $1,554,000 after purchasing an additional 25 shares during the period. Annis Gardner Whiting Capital Advisors LLC grew its stake in Synopsys by 16.9% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 180 shares of the semiconductor company’s stock worth $85,000 after purchasing an additional 26 shares during the period. MCF Advisors LLC raised its holdings in Synopsys by 17.8% in the fourth quarter. MCF Advisors LLC now owns 172 shares of the semiconductor company’s stock worth $81,000 after purchasing an additional 26 shares in the last quarter. Finally, CYBER HORNET ETFs LLC raised its holdings in Synopsys by 5.5% in the fourth quarter. CYBER HORNET ETFs LLC now owns 522 shares of the semiconductor company’s stock worth $245,000 after purchasing an additional 27 shares in the last quarter. 85.47% of the stock is currently owned by hedge funds and other institutional investors.

Synopsys Stock Performance

Shares of Synopsys stock opened at $397.17 on Friday. Synopsys, Inc. has a 1 year low of $366.00 and a 1 year high of $539.48. The firm’s 50-day moving average is $408.09 and its 200 day moving average is $438.28. The stock has a market cap of $76.11 billion, a price-to-earnings ratio of 70.17, a PEG ratio of 2.16 and a beta of 1.23. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.34 and a quick ratio of 1.24.

Synopsys (NASDAQ:SNPSGet Free Report) last released its quarterly earnings data on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share for the quarter, beating analysts’ consensus estimates of $3.67 by $0.24. The business had revenue of $2.48 billion during the quarter, compared to analyst estimates of $2.44 billion. Synopsys had a net margin of 11.43% and a return on equity of 6.24%. Synopsys’s revenue was up 42.4% compared to the same quarter last year. During the same period last year, the business earned $3.39 EPS. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. Sell-side analysts anticipate that Synopsys, Inc. will post 10.97 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Aart de Geus sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $441.76, for a total value of $11,044,000.00. Following the completion of the transaction, the insider directly owned 120,421 shares in the company, valued at $53,197,180.96. The trade was a 17.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,603 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $458.96, for a total value of $6,702,192.88. Following the completion of the transaction, the chief executive officer directly owned 75,020 shares in the company, valued at $34,431,179.20. This trade represents a 16.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 89,244 shares of company stock valued at $39,220,364. 0.56% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

SNPS has been the topic of a number of research reports. Morgan Stanley dropped their target price on shares of Synopsys from $525.00 to $500.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 19th. Piper Sandler raised shares of Synopsys from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $450.00 to $550.00 in a research report on Tuesday, June 23rd. Stifel Nicolaus boosted their price objective on shares of Synopsys from $550.00 to $600.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Wells Fargo & Company raised shares of Synopsys from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $450.00 to $475.00 in a research note on Thursday. Finally, BNP Paribas Exane lifted their target price on shares of Synopsys from $425.00 to $450.00 and gave the company an “underperform” rating in a report on Thursday, May 28th. Thirteen research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $562.67.

Check Out Our Latest Stock Analysis on Synopsys

About Synopsys

(Free Report)

Synopsys, Inc is a technology company that develops electronic design automation (EDA) software, semiconductor intellectual property (IP), and related services. Its products help semiconductor and electronics companies design, verify, test and manufacture integrated circuits and complex electronic systems.

The company’s EDA portfolio includes tools for digital and analog design, simulation, verification, physical implementation, signoff and manufacturing preparation. Synopsys also provides reusable semiconductor IP, including processor cores, interface technologies, embedded memories and security-related components, which customers can incorporate into system-on-chip designs.

Synopsys additionally offers software integrity and application security solutions that help organizations identify and manage vulnerabilities and risks in the software development lifecycle.

See Also

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Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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