Y Intercept Hong Kong Ltd Makes New $7.54 Million Investment in Synopsys, Inc. $SNPS

Y Intercept Hong Kong Ltd purchased a new stake in Synopsys, Inc. (NASDAQ:SNPS) in the 3rd quarter, HoldingsChannel reports. The fund purchased 15,291 shares of the semiconductor company’s stock, valued at approximately $7,544,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SNPS. Vanguard Group Inc. increased its position in Synopsys by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 15,060,784 shares of the semiconductor company’s stock valued at $7,721,363,000 after purchasing an additional 231,014 shares during the period. State Street Corp boosted its stake in shares of Synopsys by 1.2% in the 2nd quarter. State Street Corp now owns 7,266,446 shares of the semiconductor company’s stock valued at $3,725,362,000 after purchasing an additional 85,662 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Synopsys by 1.5% during the second quarter. Geode Capital Management LLC now owns 3,545,892 shares of the semiconductor company’s stock worth $1,810,214,000 after buying an additional 51,043 shares during the period. Ameriprise Financial Inc. raised its stake in Synopsys by 29.1% during the second 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. Finally, Alliancebernstein L.P. lifted its holdings in Synopsys by 10.9% in the second quarter. Alliancebernstein L.P. now owns 1,913,001 shares of the semiconductor company’s stock valued at $980,757,000 after buying an additional 187,790 shares during the period. 85.47% of the stock is owned by institutional investors and hedge funds.

Synopsys Stock Performance

NASDAQ SNPS opened at $501.39 on Friday. The company has a market cap of $95.93 billion, a P/E ratio of 62.75, a PEG ratio of 4.17 and a beta of 1.12. The company has a fifty day simple moving average of $466.97 and a 200 day simple moving average of $503.94. The company has a current ratio of 1.62, a quick ratio of 1.52 and a debt-to-equity ratio of 0.48. Synopsys, Inc. has a 12-month low of $365.74 and a 12-month high of $651.73.

Synopsys (NASDAQ:SNPS) last released its quarterly earnings data 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. The firm had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.25 billion. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. The business’s revenue was up 37.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.40 earnings per share. Synopsys has set its FY 2026 guidance at 14.320-14.400 EPS and its Q1 2026 guidance at 3.520-3.580 EPS. Sell-side analysts predict that Synopsys, Inc. will post 10.64 earnings per share for the current fiscal year.

Insider Transactions at Synopsys

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

Analysts Set New Price Targets

A number of analysts have weighed in on SNPS shares. Wells Fargo & Company increased their price target on Synopsys from $445.00 to $500.00 and gave the stock an “equal weight” rating in a report on Thursday, December 11th. Rosenblatt Securities upgraded Synopsys from a “neutral” rating to a “buy” rating and cut their target price for the company from $605.00 to $560.00 in a research report on Tuesday, December 9th. Citigroup assumed coverage on Synopsys in a report on Monday, November 24th. They issued a “buy” rating and a $580.00 target price for the company. Piper Sandler cut Synopsys from an “overweight” rating to a “neutral” rating and cut their price target for the stock from $602.00 to $520.00 in a report on Tuesday, January 13th. Finally, Morgan Stanley increased their target price on shares of Synopsys from $510.00 to $550.00 and gave the stock an “overweight” rating in a research note on Friday, December 12th. Nine analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” 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.