Corient Private Wealth LLC Has $12.50 Million Stock Holdings in Synopsys, Inc. $SNPS

Corient Private Wealth LLC trimmed its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS) by 10.8% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 24,378 shares of the semiconductor company’s stock after selling 2,966 shares during the period. Corient Private Wealth LLC’s holdings in Synopsys were worth $12,498,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the company. Lionshead Wealth Management LLC grew its stake in Synopsys by 1.9% in the second quarter. Lionshead Wealth Management LLC now owns 914 shares of the semiconductor company’s stock valued at $469,000 after acquiring an additional 17 shares during the period. YANKCOM Partnership increased its position in shares of Synopsys by 3.3% during the second quarter. YANKCOM Partnership now owns 537 shares of the semiconductor company’s stock valued at $275,000 after acquiring an additional 17 shares during the last quarter. Manchester Capital Management LLC boosted its holdings in shares of Synopsys by 5.3% in the 2nd quarter. Manchester Capital Management LLC now owns 340 shares of the semiconductor company’s stock worth $174,000 after buying an additional 17 shares during the last quarter. Hemington Wealth Management boosted its stake in Synopsys by 10.1% in the second quarter. Hemington Wealth Management now owns 197 shares of the semiconductor company’s stock valued at $100,000 after acquiring an additional 18 shares during the last quarter. Finally, Concord Asset Management LLC VA grew its holdings in Synopsys by 0.8% during the second quarter. Concord Asset Management LLC VA now owns 2,379 shares of the semiconductor company’s stock valued at $1,220,000 after purchasing an additional 18 shares during the period. 85.47% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Synopsys news, CAO Sudhindra Kankanwadi sold 9,873 shares of Synopsys stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $500.90, for a total transaction of $4,945,385.70. Following the completion of the sale, the chief accounting officer directly owned 20,520 shares in the company, valued at $10,278,468. The trade was a 32.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.62% of the stock is owned by corporate insiders.

Synopsys Stock Performance

Synopsys stock opened at $458.13 on Friday. Synopsys, Inc. has a 1-year low of $365.74 and a 1-year high of $651.73. The company has a current ratio of 1.62, a quick ratio of 1.52 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $85.10 billion, a PE ratio of 57.34, a price-to-earnings-growth ratio of 3.77 and a beta of 1.16. The firm’s 50 day simple moving average is $433.69 and its 200 day simple moving average is $503.75.

Synopsys (NASDAQ:SNPS) last released its quarterly earnings results 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 analysts’ expectations of $2.25 billion. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. The business’s quarterly revenue was up 37.8% on a year-over-year basis. During the same quarter in the prior year, the firm 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. As a group, analysts expect that Synopsys, Inc. will post 10.64 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on SNPS shares. Stifel Nicolaus lowered their price objective on Synopsys from $650.00 to $550.00 and set a “buy” rating on the stock in a research note on Wednesday, September 10th. Baird R W lowered shares of Synopsys from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 10th. Piper Sandler cut their price objective on shares of Synopsys from $630.00 to $602.00 and set an “overweight” rating for the company in a report on Thursday, December 11th. Citigroup began coverage on shares of Synopsys in a research note on Monday, November 24th. They issued a “buy” rating and a $580.00 price objective for the company. Finally, KeyCorp increased their target price on Synopsys from $575.00 to $600.00 and gave the stock an “overweight” rating in a research report on Thursday, December 11th. Eleven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $562.13.

Synopsys Profile

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.