Worthington Financial Partners LLC Makes New $663,000 Investment in Synopsys, Inc. $SNPS

Worthington Financial Partners LLC acquired a new stake in Synopsys, Inc. (NASDAQ:SNPS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,412 shares of the semiconductor company’s stock, valued at approximately $663,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Sankala Group LLC bought a new stake in Synopsys in the 4th quarter valued at $25,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Synopsys during the fourth quarter worth $28,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Synopsys in the fourth quarter valued at $28,000. Atlas Capital Advisors Inc. acquired a new position in shares of Synopsys in the fourth quarter valued at $32,000. Finally, Kemnay Advisory Services Inc. acquired a new position in Synopsys in the 4th quarter valued at about $35,000. 85.47% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Synopsys news, CFO Shelagh Glaser sold 3,394 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $450.02, for a total transaction of $1,527,367.88. Following the transaction, the chief financial officer owned 14,358 shares in the company, valued at approximately $6,461,387.16. This represents a 19.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,603 shares of Synopsys stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $458.96, for a total transaction of $6,702,192.88. Following the transaction, the chief executive officer owned 75,020 shares of the company’s stock, valued at $34,431,179.20. This 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. Insiders own 0.56% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on SNPS shares. Morgan Stanley boosted their price objective on shares of Synopsys from $480.00 to $525.00 and gave the company an “equal weight” rating in a report on Thursday, May 28th. Berenberg Bank set a $633.00 price target on shares of Synopsys in a research report on Wednesday, May 27th. Robert W. Baird set a $558.00 price target on Synopsys in a research note on Thursday, May 28th. HSBC lowered Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price objective on the stock. in a research note on Friday, February 20th. Finally, Citigroup lifted their price objective on Synopsys from $600.00 to $610.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Nine analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $563.81.

Synopsys Price Performance

Shares of NASDAQ:SNPS opened at $455.51 on Friday. The firm has a 50 day moving average of $479.14 and a 200-day moving average of $462.05. Synopsys, Inc. has a 12 month low of $376.18 and a 12 month high of $651.73. The company has a current ratio of 1.43, a quick ratio of 1.32 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $87.22 billion, a PE ratio of 105.44, a PEG ratio of 2.68 and a beta of 1.22.

Synopsys (NASDAQ:SNPS) last released its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share for the quarter, beating the consensus estimate of $3.15 by $0.20. The business had revenue of $2.28 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the firm posted $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. On average, equities research analysts predict that Synopsys, Inc. will post 10.65 EPS for the current fiscal year.

Synopsys Profile

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.