Oppenheimer Asset Management Inc. grew its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 78.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 53,893 shares of the semiconductor company’s stock after purchasing an additional 23,650 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Synopsys were worth $26,590,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. Alpine Bank Wealth Management grew its stake in shares of Synopsys by 89.3% in 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 last quarter. TFC Financial Management Inc. boosted its stake in Synopsys by 1,250.0% in 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 in the last quarter. Millstone Evans Group LLC purchased a new stake in Synopsys during the 3rd quarter valued at about $27,000. SOA Wealth Advisors LLC. purchased a new stake in Synopsys during the 3rd quarter valued at about $28,000. Finally, McIlrath & Eck LLC bought a new stake in Synopsys during the 3rd quarter valued at about $29,000. 85.47% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on SNPS. Weiss Ratings reiterated a “hold (c)” rating on shares of Synopsys in a report on Thursday, January 22nd. Piper Sandler cut Synopsys from an “overweight” rating to a “neutral” rating and lowered their price objective for the company from $602.00 to $520.00 in a research report on Tuesday, January 13th. KeyCorp lifted their target price on Synopsys from $575.00 to $600.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th. Bank of America upgraded Synopsys from an “underperform” rating to a “neutral” rating and decreased their price target for the stock from $525.00 to $500.00 in a research note on Monday, December 8th. Finally, Citigroup initiated coverage on Synopsys in a research report on Monday, November 24th. They set a “buy” rating and a $580.00 price objective on the stock. Nine investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $553.57.
Insider Buying and Selling at Synopsys
In related news, CFO Shelagh Glaser sold 3,657 shares of the firm’s 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 transaction, the chief financial officer directly owned 17,842 shares of the company’s stock, valued at approximately $8,221,058.34. This trade represents a 17.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Janet Lee sold 250 shares of Synopsys 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 transaction, the insider owned 11,959 shares in the company, valued at $6,338,270. This trade represents a 2.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 4,157 shares of company stock valued at $1,945,036 over the last 90 days. 0.62% of the stock is currently owned by company insiders.
Synopsys Stock Performance
Shares of SNPS opened at $426.88 on Monday. Synopsys, Inc. has a one year low of $365.74 and a one year high of $651.73. The business has a fifty day moving average of $479.33 and a 200 day moving average of $495.06. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.62 and a quick ratio of 1.52. The firm has a market capitalization of $81.67 billion, a P/E ratio of 53.43, a PEG ratio of 3.56 and a beta of 1.12.
Synopsys (NASDAQ:SNPS – Get Free Report) last released its quarterly earnings results on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share (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 period in the previous year, the company posted $3.40 EPS. The business’s quarterly revenue was up 37.8% compared to the same quarter last year. 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, sell-side analysts anticipate that Synopsys, Inc. will post 10.64 EPS for the current year.
Synopsys 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.
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