O Shaughnessy Asset Management LLC Sells 3,639 Shares of Synopsys, Inc. $SNPS

O Shaughnessy Asset Management LLC reduced its stake in Synopsys, Inc. (NASDAQ:SNPSFree Report) by 15.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,812 shares of the semiconductor company’s stock after selling 3,639 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Synopsys were worth $9,306,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Krane Funds Advisors LLC grew its stake in Synopsys by 313.3% in the 4th quarter. Krane Funds Advisors LLC now owns 5,654 shares of the semiconductor company’s stock worth $2,656,000 after acquiring an additional 4,286 shares in the last quarter. Cookson Peirce & Co. Inc. bought a new position in Synopsys in the 4th quarter worth about $3,751,000. Havemeyer Place LP bought a new position in Synopsys in the 4th quarter worth about $2,721,000. 111 Capital bought a new position in Synopsys in the 4th quarter worth about $1,590,000. Finally, MCF Advisors LLC grew its stake in Synopsys by 17.8% in the 4th quarter. MCF Advisors LLC now owns 172 shares of the semiconductor company’s stock worth $81,000 after acquiring an additional 26 shares in the last quarter. 85.47% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

SNPS has been the topic of a number of research analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of Synopsys in a research note on Monday. KeyCorp reiterated an “overweight” rating on shares of Synopsys in a research note on Thursday, May 28th. Needham & Company LLC reiterated a “buy” rating and set a $580.00 price objective on shares of Synopsys in a research note on Thursday, May 28th. Wells Fargo & Company increased their price objective on shares of Synopsys from $505.00 to $535.00 and gave the company an “equal weight” rating in a research note on Thursday, May 28th. Finally, Piper Sandler increased their price objective on shares of Synopsys from $430.00 to $450.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Nine 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, the company currently has a consensus rating of “Hold” and an average target price of $563.81.

Check Out Our Latest Research Report on SNPS

Synopsys Price Performance

NASDAQ SNPS opened at $460.54 on Thursday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.32 and a current ratio of 1.43. The firm’s 50 day moving average price is $471.23 and its 200-day moving average price is $459.99. Synopsys, Inc. has a 52-week low of $376.18 and a 52-week high of $651.73. The company has a market cap of $88.18 billion, a PE ratio of 106.61, a P/E/G ratio of 2.73 and a beta of 1.22.

Synopsys (NASDAQ:SNPSGet Free Report) last released its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.15 by $0.20. The firm had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.25 billion. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The company’s quarterly revenue was up 41.9% on a year-over-year basis. During the same period last year, the firm earned $3.67 earnings per share. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. Sell-side analysts forecast that Synopsys, Inc. will post 10.65 EPS for the current fiscal year.

Synopsys Company 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.

See Also

Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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