Bank of New York Mellon Corp Acquires 166,985 Shares of Synopsys, Inc. $SNPS

Bank of New York Mellon Corp boosted its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 12.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,514,872 shares of the semiconductor company’s stock after purchasing an additional 166,985 shares during the quarter. Bank of New York Mellon Corp owned about 0.82% of Synopsys worth $747,422,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Alpine Bank Wealth Management boosted its holdings in shares of Synopsys by 89.3% during the third quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 25 shares during the period. TFC Financial Management Inc. lifted its holdings in Synopsys by 1,250.0% during the 3rd quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 50 shares during the last quarter. Millstone Evans Group LLC bought a new stake in Synopsys in the 3rd quarter valued at $27,000. Independence Bank of Kentucky grew its holdings in Synopsys by 120.0% in the 2nd quarter. Independence Bank of Kentucky now owns 55 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 30 shares in the last quarter. Finally, SOA Wealth Advisors LLC. bought a new position in Synopsys during the 3rd quarter worth $28,000. 85.47% of the stock is owned by institutional investors.

Synopsys Trading Up 1.7%

Shares of SNPS opened at $511.35 on Thursday. 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, Inc. has a 52-week low of $365.74 and a 52-week high of $651.73. The firm has a market cap of $97.83 billion, a price-to-earnings ratio of 64.00, a PEG ratio of 4.18 and a beta of 1.12. The business’s fifty day moving average is $474.11 and its 200-day moving average is $502.83.

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 business had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.25 billion. Synopsys had a return on equity of 7.89% and a net margin of 18.89%.Synopsys’s revenue was up 37.8% compared to the same quarter last year. During the same period last 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. Equities analysts anticipate that Synopsys, Inc. will post 10.64 EPS for the current fiscal year.

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 stock was 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 directly owned 17,842 shares in the company, valued at approximately $8,221,058.34. This represents a 17.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Janet Lee sold 250 shares of the firm’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $530.00, for a total value of $132,500.00. Following the sale, the insider directly owned 11,959 shares in the company, valued at approximately $6,338,270. This trade represents a 2.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 4,157 shares of company stock worth $1,945,036 in the last 90 days. Company insiders own 0.62% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on SNPS shares. Weiss Ratings reissued a “hold (c)” rating on shares of Synopsys in a research report on Thursday, January 22nd. Piper Sandler downgraded shares of Synopsys from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $602.00 to $520.00 in a report on Tuesday, January 13th. Wall Street Zen raised shares of Synopsys from a “sell” rating to a “hold” rating in a report on Saturday, December 13th. Rosenblatt Securities upgraded shares of Synopsys from a “neutral” rating to a “buy” rating and dropped their price target for the company from $605.00 to $560.00 in a research report on Tuesday, December 9th. Finally, KeyCorp increased their price target on Synopsys from $575.00 to $600.00 and gave the stock an “overweight” rating in a research report on Thursday, December 11th. Nine analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price 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.