Grove Bank & Trust Sells 1,616 Shares of Synopsys, Inc. $SNPS

Grove Bank & Trust lessened its holdings in Synopsys, Inc. (NASDAQ:SNPS) by 66.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 819 shares of the semiconductor company’s stock after selling 1,616 shares during the period. Grove Bank & Trust’s holdings in Synopsys were worth $385,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of SNPS. Manchester Capital Management LLC grew its holdings in shares of Synopsys by 5.3% during the 2nd quarter. Manchester Capital Management LLC now owns 340 shares of the semiconductor company’s stock valued at $174,000 after purchasing an additional 17 shares during the last quarter. Barden Capital Management Inc. lifted its stake in Synopsys by 1.2% in the 4th quarter. Barden Capital Management Inc. now owns 1,868 shares of the semiconductor company’s stock valued at $877,000 after purchasing an additional 23 shares during the last quarter. Mutual Advisors LLC lifted its stake in Synopsys by 2.1% in the 3rd quarter. Mutual Advisors LLC now owns 1,157 shares of the semiconductor company’s stock valued at $528,000 after purchasing an additional 24 shares during the last quarter. Alpine Bank Wealth Management boosted its position in Synopsys by 89.3% in the third quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 25 shares in the last quarter. Finally, Valeo Financial Advisors LLC grew its stake in shares of Synopsys by 3.9% during the third quarter. Valeo Financial Advisors LLC now owns 666 shares of the semiconductor company’s stock worth $329,000 after buying an additional 25 shares during the last quarter. Institutional investors and hedge funds own 85.47% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. KeyCorp upped their price target on shares of Synopsys from $575.00 to $600.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th. Citigroup started coverage on Synopsys in a report on Monday, November 24th. They set a “buy” rating and a $580.00 price objective on the stock. HSBC lowered Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price objective on the stock. in a research report on Friday, February 20th. Piper Sandler lowered their target price on Synopsys from $520.00 to $430.00 and set a “neutral” rating for the company in a report on Thursday, February 26th. Finally, Needham & Company LLC reiterated a “buy” rating on shares of Synopsys in a research report on Thursday, February 26th. Eight analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $531.00.

Synopsys Stock Down 1.9%

Shares of NASDAQ SNPS opened at $420.32 on Monday. The company has a market capitalization of $80.52 billion, a P/E ratio of 65.27, a price-to-earnings-growth ratio of 3.42 and a beta of 1.15. Synopsys, Inc. has a 52-week low of $365.74 and a 52-week high of $651.73. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.26 and a current ratio of 1.36. The company’s 50 day moving average price is $453.33 and its 200-day moving average price is $456.54.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings data on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share 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 analysts’ expectations of $2.39 billion. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. Synopsys’s revenue for the quarter was up 65.6% compared to the same quarter last year. During the same period in the prior year, the company posted $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. Equities analysts forecast that Synopsys, Inc. will post 10.64 earnings per share for the current year.

Insider Buying and Selling at Synopsys

In other news, insider Janet Lee sold 250 shares of the business’s stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $530.00, for a total value of $132,500.00. Following the transaction, the insider directly owned 11,959 shares of the company’s stock, valued at $6,338,270. The trade was a 2.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.56% of the company’s stock.

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.