California Public Employees Retirement System Has $156.87 Million Stock Position in Synopsys, Inc. $SNPS

California Public Employees Retirement System increased its stake in Synopsys, Inc. (NASDAQ:SNPSFree Report) by 62.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 317,944 shares of the semiconductor company’s stock after purchasing an additional 121,695 shares during the quarter. California Public Employees Retirement System owned approximately 0.17% of Synopsys worth $156,870,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Lionshead Wealth Management LLC boosted its holdings in shares of Synopsys by 1.9% in the second quarter. Lionshead Wealth Management LLC now owns 914 shares of the semiconductor company’s stock worth $469,000 after buying an additional 17 shares during the period. YANKCOM Partnership increased its position in shares of Synopsys by 3.3% in the second quarter. YANKCOM Partnership now owns 537 shares of the semiconductor company’s stock worth $275,000 after acquiring an additional 17 shares in the last quarter. Manchester Capital Management LLC raised its holdings in shares of Synopsys by 5.3% during the second quarter. Manchester Capital Management LLC now owns 340 shares of the semiconductor company’s stock valued at $174,000 after acquiring an additional 17 shares during the period. Advisors Capital Management LLC lifted its position in shares of Synopsys by 2.3% in the 2nd quarter. Advisors Capital Management LLC now owns 862 shares of the semiconductor company’s stock valued at $442,000 after acquiring an additional 19 shares in the last quarter. Finally, Rothschild Investment LLC lifted its position in shares of Synopsys by 15.9% in the 2nd quarter. Rothschild Investment LLC now owns 153 shares of the semiconductor company’s stock valued at $78,000 after acquiring an additional 21 shares in the last quarter. Institutional investors and hedge funds own 85.47% of the company’s stock.

Synopsys Trading Down 1.5%

Synopsys stock opened at $412.63 on Monday. The company’s fifty day simple moving average is $461.93 and its 200-day simple moving average is $462.67. The company has a quick ratio of 1.26, a current ratio of 1.36 and a debt-to-equity ratio of 0.33. Synopsys, Inc. has a 12 month low of $365.74 and a 12 month high of $651.73. The stock has a market cap of $79.04 billion, a P/E ratio of 64.07, a P/E/G ratio of 3.36 and a beta of 1.15.

Synopsys (NASDAQ:SNPSGet Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.56 by $0.21. The business had revenue of $2.41 billion during the quarter, compared to analyst estimates of $2.39 billion. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.Synopsys’s quarterly revenue was up 65.6% compared to the same quarter last year. During the same period last year, the company earned $3.03 earnings per share. 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.

Analyst Upgrades and Downgrades

Several research firms have weighed in on SNPS. Piper Sandler lowered their price objective on shares of Synopsys from $520.00 to $430.00 and set a “neutral” rating on the stock in a research report on Thursday, February 26th. Wall Street Zen upgraded Synopsys from a “sell” rating to a “hold” rating in a report on Saturday, December 13th. Bank of America raised Synopsys from an “underperform” rating to a “neutral” rating and decreased their target price for the stock from $525.00 to $500.00 in a research report on Monday, December 8th. Wells Fargo & Company dropped their price target on Synopsys from $500.00 to $450.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 26th. Finally, HSBC downgraded Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price objective for the company. in a research note on Friday, February 20th. Eight equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $531.00.

View Our Latest Stock Report on SNPS

Insider Activity

In related news, CFO Shelagh Glaser sold 3,657 shares of the business’s stock in a transaction that occurred 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 sale, the chief financial officer 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Janet Lee sold 250 shares of the stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $530.00, for a total value of $132,500.00. Following the completion of the transaction, the insider owned 11,959 shares in the company, valued at $6,338,270. This represents a 2.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 4,157 shares of company stock worth $1,945,036. Insiders own 0.56% of the company’s stock.

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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