First Merchants Corp Invests $4.96 Million in Synopsys, Inc. $SNPS

First Merchants Corp purchased a new position in shares of Synopsys, Inc. (NASDAQ:SNPS) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 10,045 shares of the semiconductor company’s stock, valued at approximately $4,956,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Alpine Bank Wealth Management grew its stake in shares of Synopsys by 89.3% in the 3rd quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares during the last quarter. Independence Bank of Kentucky lifted its holdings in shares of Synopsys by 120.0% during the second quarter. Independence Bank of Kentucky now owns 55 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 30 shares during the period. SOA Wealth Advisors LLC. purchased a new position in Synopsys in the 3rd quarter valued at $28,000. McIlrath & Eck LLC acquired a new position in Synopsys in the 3rd quarter valued at $29,000. Finally, Princeton Global Asset Management LLC increased its stake in Synopsys by 481.8% in the 2nd quarter. Princeton Global Asset Management LLC now owns 64 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 53 shares during the period. Institutional investors and hedge funds own 85.47% of the company’s stock.

Synopsys Price Performance

SNPS stock opened at $508.77 on Wednesday. The firm has a 50 day moving average of $440.92 and a 200-day moving average of $503.83. The company has a market cap of $97.34 billion, a price-to-earnings ratio of 63.68, a PEG ratio of 4.11 and a beta of 1.12. 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, beating the consensus estimate of $2.79 by $0.11. The firm had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.25 billion. Synopsys had a return on equity of 7.89% and a net margin of 18.89%.Synopsys’s quarterly revenue was up 37.8% on a year-over-year basis. During the same period last year, the business posted $3.40 EPS. 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, equities analysts expect that Synopsys, Inc. will post 10.64 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on SNPS. Wells Fargo & Company lifted 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. Stifel Nicolaus reduced their price objective on shares of Synopsys from $650.00 to $550.00 and set a “buy” rating for the company in a research report on Wednesday, September 10th. BNP Paribas assumed 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. Rosenblatt Securities raised 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 research note on Tuesday, December 9th. Finally, Morgan Stanley lifted their price target on Synopsys from $510.00 to $550.00 and gave the company an “overweight” rating in a research note on Friday, December 12th. Eleven analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $562.13.

Insider Buying and Selling at Synopsys

In other news, CFO Shelagh Glaser sold 3,657 shares of Synopsys stock in a transaction on Friday, December 19th. The stock was sold at an average price of $460.77, for a total transaction of $1,685,035.89. Following the completion of the transaction, the chief financial officer owned 17,842 shares of the company’s stock, valued at $8,221,058.34. The trade was a 17.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.62% of the stock is currently owned by corporate insiders.

Synopsys Company 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.