Universal Beteiligungs und Servicegesellschaft mbH Increases Stock Holdings in Synopsys, Inc. $SNPS

Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in Synopsys, Inc. (NASDAQ:SNPS) by 3.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 288,970 shares of the semiconductor company’s stock after buying an additional 9,822 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Synopsys were worth $148,149,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Hemington Wealth Management grew its holdings in Synopsys by 10.1% in the 2nd quarter. Hemington Wealth Management now owns 197 shares of the semiconductor company’s stock valued at $100,000 after buying an additional 18 shares during the period. Concord Asset Management LLC VA boosted its position in shares of Synopsys by 0.8% in the second quarter. Concord Asset Management LLC VA now owns 2,379 shares of the semiconductor company’s stock worth $1,220,000 after acquiring an additional 18 shares during the last quarter. Rehmann Capital Advisory Group grew its holdings in Synopsys by 1.4% in the second quarter. Rehmann Capital Advisory Group now owns 1,345 shares of the semiconductor company’s stock valued at $690,000 after purchasing an additional 18 shares during the period. MCF Advisors LLC increased its position in Synopsys by 16.2% during the second quarter. MCF Advisors LLC now owns 136 shares of the semiconductor company’s stock worth $70,000 after purchasing an additional 19 shares during the last quarter. Finally, Savvy Advisors Inc. raised its stake in Synopsys by 3.6% during the second quarter. Savvy Advisors Inc. now owns 551 shares of the semiconductor company’s stock worth $282,000 after purchasing an additional 19 shares during the period. 85.47% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Shelagh Glaser sold 3,655 shares of the business’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $609.77, for a total transaction of $2,228,709.35. Following the transaction, the chief financial officer directly owned 15,317 shares of the company’s stock, valued at approximately $9,339,847.09. The trade was a 19.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Sassine Ghazi sold 11,366 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $589.01, for a total transaction of $6,694,687.66. Following the sale, the chief executive officer directly owned 71,615 shares of the company’s stock, valued at approximately $42,181,951.15. The trade was a 13.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 30,894 shares of company stock valued at $16,760,783. 0.62% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several brokerages have recently issued reports on SNPS. Baird R W cut shares of Synopsys from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 10th. Needham & Company LLC lowered their price target on Synopsys from $660.00 to $550.00 and set a “buy” rating for the company in a research report on Wednesday, September 10th. Mizuho dropped their price target on Synopsys from $700.00 to $600.00 and set an “outperform” rating for the company in a research note on Thursday, September 11th. BNP Paribas started coverage on Synopsys in a research note on Thursday, October 2nd. They issued an “underperform” rating and a $425.00 price objective on the stock. Finally, Morgan Stanley dropped their target price on shares of Synopsys from $715.00 to $510.00 and set an “overweight” rating for the company in a research report on Thursday, September 11th. Nine research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $562.14.

Synopsys Price Performance

Shares of NASDAQ SNPS opened at $389.83 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.62 and a quick ratio of 1.51. Synopsys, Inc. has a 1-year low of $365.74 and a 1-year high of $651.73. The company has a market capitalization of $72.41 billion, a price-to-earnings ratio of 30.60, a PEG ratio of 5.02 and a beta of 1.10. The business has a 50-day moving average of $454.97 and a 200-day moving average of $513.24.

Synopsys (NASDAQ:SNPS) last announced its earnings results on Tuesday, September 9th. The semiconductor company reported $2.30 EPS for the quarter, missing the consensus estimate of $3.75 by ($1.45). The company had revenue of $1.74 billion for the quarter, compared to analysts’ expectations of $1.77 billion. Synopsys had a net margin of 31.04% and a return on equity of 10.82%. The business’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.43 earnings per share. Synopsys has set its FY 2025 guidance at 12.760-12.800 EPS. Q4 2025 guidance at 2.760-2.80 EPS. On average, equities analysts anticipate that Synopsys, Inc. will post 10.64 EPS for the current fiscal year.

About Synopsys

Synopsys, Inc provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions.