APS Management Group Inc. bought a new position in shares of Synopsys, Inc. (NASDAQ:SNPS – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 61,481 shares of the semiconductor company’s stock, valued at approximately $30,334,000. Synopsys makes up 21.2% of APS Management Group Inc.’s investment portfolio, making the stock its biggest holding.
Several other hedge funds have also recently bought and sold shares of SNPS. Lionshead Wealth Management LLC grew its stake in shares of Synopsys by 1.9% during the 2nd quarter. Lionshead Wealth Management LLC now owns 914 shares of the semiconductor company’s stock worth $469,000 after acquiring an additional 17 shares in the last quarter. YANKCOM Partnership increased its position in shares of Synopsys by 3.3% in 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 increased its holdings in shares of Synopsys by 5.3% during the 2nd quarter. Manchester Capital Management LLC now owns 340 shares of the semiconductor company’s stock worth $174,000 after acquiring an additional 17 shares during the last quarter. Hemington Wealth Management increased its position in Synopsys by 10.1% during the second quarter. Hemington Wealth Management now owns 197 shares of the semiconductor company’s stock worth $100,000 after acquiring an additional 18 shares during the period. Finally, Concord Asset Management LLC VA raised its stake in Synopsys by 0.8% in the 2nd quarter. Concord Asset Management LLC VA now owns 2,379 shares of the semiconductor company’s stock worth $1,220,000 after purchasing an additional 18 shares in the last quarter. 85.47% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other news, CFO Shelagh Glaser sold 3,657 shares of the stock in a transaction 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 transaction, the chief financial officer owned 17,842 shares of the company’s stock, valued at $8,221,058.34. This represents a 17.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.62% of the stock is currently owned by corporate insiders.
Synopsys Stock Up 3.0%
Synopsys (NASDAQ:SNPS – Get Free Report) last released 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. The company had revenue of $2.25 billion during the quarter, compared to analyst estimates of $2.25 billion. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. Synopsys’s revenue was up 37.8% compared to the same quarter last year. During the same period last year, the business earned $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. On average, equities analysts predict that Synopsys, Inc. will post 10.64 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on SNPS shares. Piper Sandler dropped their price objective on Synopsys from $630.00 to $602.00 and set an “overweight” rating for the company in a research report on Thursday, December 11th. KeyCorp upped their price target on Synopsys from $575.00 to $600.00 and gave the company an “overweight” rating in a research report on Thursday, December 11th. Wells Fargo & Company boosted their target price on shares of Synopsys from $445.00 to $500.00 and gave the company 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 stock from $605.00 to $560.00 in a report on Tuesday, December 9th. Finally, Mizuho decreased their price target on shares of Synopsys from $700.00 to $600.00 and set an “outperform” rating for the company in a research note on Thursday, September 11th. Eleven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Synopsys currently has an average rating of “Moderate Buy” and a consensus price target of $562.13.
Get Our Latest Stock Analysis on Synopsys
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.
See Also
- Five stocks we like better than Synopsys
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Do not delete, read immediately
- A U.S. “birthright” claim worth trillions – activated quietly
- BNZI: BNZI Surges Ahead as AI Marketing Fuels Record Revenue
- This stock gets a 94 out of 100
Receive News & Ratings for Synopsys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Synopsys and related companies with MarketBeat.com's FREE daily email newsletter.
