CIBC Bancorp USA Inc. Takes Position in Synopsys, Inc. $SNPS

CIBC Bancorp USA Inc. bought a new stake in Synopsys, Inc. (NASDAQ:SNPS) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 32,317 shares of the semiconductor company’s stock, valued at approximately $15,945,000.

A number of other large investors have also added to or reduced their stakes in SNPS. Vanguard Group Inc. boosted its position in Synopsys by 20.7% in the 3rd quarter. Vanguard Group Inc. now owns 18,181,185 shares of the semiconductor company’s stock valued at $8,970,415,000 after buying an additional 3,120,401 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of Synopsys by 238.8% during the third quarter. Victory Capital Management Inc. now owns 2,824,349 shares of the semiconductor company’s stock worth $1,393,506,000 after acquiring an additional 1,990,608 shares during the last quarter. Coatue Management LLC purchased a new stake in shares of Synopsys during the third quarter worth about $892,605,000. Capital Research Global Investors lifted its stake in shares of Synopsys by 226.6% in the third quarter. Capital Research Global Investors now owns 2,524,512 shares of the semiconductor company’s stock worth $1,245,533,000 after acquiring an additional 1,751,432 shares in the last quarter. Finally, State Street Corp lifted its stake in shares of Synopsys by 20.6% in the third quarter. State Street Corp now owns 8,760,358 shares of the semiconductor company’s stock worth $4,322,273,000 after acquiring an additional 1,493,912 shares in the last quarter. 85.47% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Synopsys news, insider Janet Lee sold 250 shares of the business’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $530.00, for a total transaction of $132,500.00. Following the completion of the sale, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.56% of the stock is currently owned by insiders.

Synopsys Trading Down 0.1%

Shares of NASDAQ SNPS opened at $428.25 on Friday. 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 stock’s 50 day moving average price is $455.42 and its two-hundred day moving average price is $459.69. Synopsys, Inc. has a 52-week low of $365.74 and a 52-week high of $651.73. The stock has a market capitalization of $82.04 billion, a P/E ratio of 66.50, a PEG ratio of 3.49 and a beta of 1.15.

Synopsys (NASDAQ:SNPS) last issued its earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 EPS for the quarter, topping the consensus estimate of $3.56 by $0.21. The company 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%.The business’s revenue was up 65.6% on a year-over-year basis. During the same quarter last year, the firm earned $3.03 EPS. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. On average, analysts anticipate that Synopsys, Inc. will post 10.64 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on SNPS. JPMorgan Chase & Co. raised their price objective on Synopsys from $600.00 to $650.00 and gave the company an “overweight” rating in a research note on Thursday, December 11th. Needham & Company LLC reaffirmed a “buy” rating on shares of Synopsys in a research report on Thursday, February 26th. Morgan Stanley reiterated an “equal weight” rating and set a $480.00 target price (down from $550.00) on shares of Synopsys in a research note on Wednesday, February 25th. KeyCorp raised their price target on shares of Synopsys from $575.00 to $600.00 and gave the stock an “overweight” rating in a research report on Thursday, December 11th. Finally, The Goldman Sachs Group set a $600.00 price target on shares of Synopsys and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Eight investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $531.00.

Synopsys Company 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.