Ameriprise Financial Inc. Sells 407,730 Shares of Synopsys, Inc. $SNPS

Ameriprise Financial Inc. decreased its position in Synopsys, Inc. (NASDAQ:SNPS) by 15.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,191,144 shares of the semiconductor company’s stock after selling 407,730 shares during the period. Ameriprise Financial Inc. owned 1.18% of Synopsys worth $1,081,151,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Alpine Bank Wealth Management raised its position in Synopsys by 89.3% during 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 in the last quarter. TFC Financial Management Inc. grew its position in shares of 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 buying an additional 50 shares in the last quarter. Millstone Evans Group LLC bought a new position in shares of Synopsys during the 3rd quarter worth $27,000. SOA Wealth Advisors LLC. purchased a new position in shares of Synopsys during the third quarter valued at $28,000. Finally, McIlrath & Eck LLC purchased a new position in shares of Synopsys during the third quarter valued at $29,000. Institutional investors own 85.47% of the company’s stock.

Insiders Place Their Bets

In related news, insider Janet Lee sold 250 shares of the company’s stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $530.00, for a total transaction of $132,500.00. Following the transaction, the insider directly owned 11,959 shares of the company’s stock, valued at $6,338,270. This represents a 2.05% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Shelagh Glaser sold 3,657 shares of the stock in a transaction dated 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 completion of the sale, the chief financial officer 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 4,157 shares of company stock valued at $1,945,036 in the last three months. Insiders own 0.56% of the company’s stock.

Synopsys Trading Down 1.5%

NASDAQ SNPS opened at $412.63 on Friday. Synopsys, Inc. has a 52 week low of $365.74 and a 52 week high of $651.73. The company has a 50 day moving average price of $461.93 and a 200 day moving average price of $463.65. The company has a quick ratio of 1.26, a current ratio of 1.36 and a debt-to-equity ratio of 0.33. The firm has a market cap of $79.04 billion, a PE ratio of 64.07, a price-to-earnings-growth ratio of 3.36 and a beta of 1.15.

Synopsys (NASDAQ:SNPS) last announced its earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, beating the consensus estimate of $3.56 by $0.21. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The company had revenue of $2.41 billion during the quarter, compared to the consensus estimate of $2.39 billion. During the same period last year, the firm earned $3.03 earnings per share. Synopsys’s revenue was up 65.6% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. As a group, sell-side analysts forecast that Synopsys, Inc. will post 10.64 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Citigroup started coverage on shares of Synopsys in a research note on Monday, November 24th. They issued a “buy” rating and a $580.00 price objective for the company. Wall Street Zen raised shares of Synopsys from a “sell” rating to a “hold” rating in a research report on Saturday, December 13th. Bank of America upgraded shares of Synopsys from an “underperform” rating to a “neutral” rating and reduced their price target for the company from $525.00 to $500.00 in a report on Monday, December 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Synopsys in a research report on Thursday, January 22nd. Finally, KeyCorp increased their price objective on shares of Synopsys from $575.00 to $600.00 and gave the company an “overweight” rating in a research note on Thursday, December 11th. Eight investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $531.00.

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.