Synovus Financial Corp Sells 8,629 Shares of Synopsys, Inc. $SNPS

Synovus Financial Corp lowered its position in Synopsys, Inc. (NASDAQ:SNPSFree Report) by 85.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,493 shares of the semiconductor company’s stock after selling 8,629 shares during the period. Synovus Financial Corp’s holdings in Synopsys were worth $737,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of SNPS. Brighton Jones LLC grew its position in shares of Synopsys by 5.7% during the fourth quarter. Brighton Jones LLC now owns 921 shares of the semiconductor company’s stock worth $447,000 after purchasing an additional 50 shares in the last quarter. Integrated Wealth Concepts LLC lifted its holdings in Synopsys by 11.6% in the 1st quarter. Integrated Wealth Concepts LLC now owns 760 shares of the semiconductor company’s stock worth $326,000 after purchasing an additional 79 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Synopsys by 15.1% in the 1st quarter. NewEdge Advisors LLC now owns 3,010 shares of the semiconductor company’s stock worth $1,291,000 after purchasing an additional 395 shares during the period. AlphaQuest LLC boosted its stake in Synopsys by 423.1% in the 2nd quarter. AlphaQuest LLC now owns 68 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 55 shares during the period. Finally, Fielder Capital Group LLC purchased a new stake in Synopsys during the 2nd quarter valued at approximately $201,000. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Synopsys Stock Performance

Synopsys stock opened at $439.94 on Monday. The company’s 50-day moving average price is $474.06 and its 200-day moving average price is $481.90. The company has a quick ratio of 1.52, a current ratio of 1.62 and a debt-to-equity ratio of 0.48. The company has a market cap of $84.27 billion, a PE ratio of 55.06, a price-to-earnings-growth ratio of 3.66 and a beta of 1.12. Synopsys, Inc. has a twelve month low of $365.74 and a twelve month high of $651.73.

Synopsys (NASDAQ:SNPSGet Free Report) last announced its quarterly earnings results 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 firm had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.25 billion. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. The firm’s revenue for the quarter was up 37.8% compared to the same quarter last year. During the same quarter last year, the firm earned $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. On average, equities research analysts forecast that Synopsys, Inc. will post 10.64 EPS for the current fiscal year.

Key Headlines Impacting Synopsys

Here are the key news stories impacting Synopsys this week:

Insider Buying and Selling at Synopsys

In related news, CFO Shelagh Glaser sold 3,657 shares of Synopsys stock in a transaction dated 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 transaction, the chief financial officer directly owned 17,842 shares of the company’s stock, valued at approximately $8,221,058.34. The trade was a 17.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Janet Lee sold 250 shares of the company’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $530.00, for a total transaction of $132,500.00. Following the transaction, the insider owned 11,959 shares in the company, valued at $6,338,270. The trade was a 2.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 4,157 shares of company stock valued at $1,945,036 over the last ninety days. 0.62% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms have recently issued reports on SNPS. Bank of America upgraded shares of Synopsys from an “underperform” rating to a “neutral” rating and reduced their price objective for the company from $525.00 to $500.00 in a research report on Monday, December 8th. Piper Sandler downgraded shares of Synopsys from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $602.00 to $520.00 in a report on Tuesday, January 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Synopsys in a report on Thursday, January 22nd. JPMorgan Chase & Co. lifted their target price on Synopsys from $600.00 to $650.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th. Finally, Citigroup started coverage on Synopsys in a research report on Monday, November 24th. They issued a “buy” rating and a $580.00 target price on the stock. Nine equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Synopsys currently has a consensus rating of “Hold” and a consensus price target of $547.00.

Read Our Latest Analysis on SNPS

About Synopsys

(Free Report)

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

Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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