Ascent Group LLC Boosts Stock Holdings in Synopsys, Inc. $SNPS

Ascent Group LLC lifted its stake in Synopsys, Inc. (NASDAQ:SNPS) by 67.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,804 shares of the semiconductor company’s stock after acquiring an additional 1,126 shares during the period. Ascent Group LLC’s holdings in Synopsys were worth $1,384,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC increased its holdings in shares of Synopsys by 5.7% in the fourth quarter. Brighton Jones LLC now owns 921 shares of the semiconductor company’s stock valued at $447,000 after purchasing an additional 50 shares during the period. EP Wealth Advisors LLC lifted its position in shares of Synopsys by 37.9% during the 1st quarter. EP Wealth Advisors LLC now owns 2,911 shares of the semiconductor company’s stock valued at $1,248,000 after buying an additional 800 shares in the last quarter. Federation des caisses Desjardins du Quebec increased its stake in shares of Synopsys by 2.8% during the first quarter. Federation des caisses Desjardins du Quebec now owns 8,603 shares of the semiconductor company’s stock worth $3,689,000 after purchasing an additional 238 shares in the last quarter. Curi RMB Capital LLC increased its position in shares of Synopsys by 10.0% during the first quarter. Curi RMB Capital LLC now owns 99,161 shares of the semiconductor company’s stock worth $42,525,000 after purchasing an additional 8,996 shares in the last quarter. Finally, Eventide Asset Management LLC purchased a new stake in Synopsys during the 1st quarter valued at about $452,000. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on SNPS shares. The Goldman Sachs Group reduced their price target on shares of Synopsys from $700.00 to $600.00 and set a “buy” rating on the stock in a research report on Wednesday, September 10th. Needham & Company LLC boosted their price objective on Synopsys from $550.00 to $580.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Robert W. Baird reiterated a “neutral” rating and issued a $535.00 price objective (down previously from $670.00) on shares of Synopsys in a report on Wednesday, September 10th. BNP Paribas began coverage on Synopsys in a research report on Thursday, October 2nd. They set an “underperform” rating and a $425.00 target price on the stock. Finally, Baird R W lowered Synopsys from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 10th. Eleven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Synopsys has an average rating of “Moderate Buy” and an average price target of $562.13.

Insider Buying and Selling at Synopsys

In related news, CFO Shelagh Glaser sold 3,657 shares of the company’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $460.77, for a total transaction of $1,685,035.89. Following the completion of the sale, the chief financial officer directly owned 17,842 shares of the company’s stock, valued at approximately $8,221,058.34. This represents a 17.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.62% of the company’s stock.

Synopsys Price Performance

Shares of NASDAQ:SNPS opened at $469.72 on Friday. The business’s fifty day moving average price is $438.98 and its two-hundred day moving average price is $503.01. Synopsys, Inc. has a one year low of $365.74 and a one year high of $651.73. The stock has a market cap of $89.87 billion, a PE ratio of 58.79, a price-to-earnings-growth ratio of 3.91 and a beta of 1.12. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.52 and a current ratio of 1.62.

Synopsys (NASDAQ:SNPS) last announced its quarterly earnings data on Wednesday, December 10th. The semiconductor company reported $2.90 EPS for the quarter, beating analysts’ consensus estimates of $2.79 by $0.11. Synopsys had a return on equity of 7.89% and a net margin of 18.89%.The business had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.25 billion. During the same quarter in the previous year, the business earned $3.40 earnings per share. The business’s revenue for the quarter was up 37.8% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.320-14.400 EPS and its Q1 2026 guidance at 3.520-3.580 EPS. On average, analysts forecast that Synopsys, Inc. will post 10.64 EPS for the current fiscal year.

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.