Allegheny Financial Group Takes Position in Synopsys, Inc. $SNPS

Allegheny Financial Group bought a new position in shares of Synopsys, Inc. (NASDAQ:SNPS) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 16,718 shares of the semiconductor company’s stock, valued at approximately $8,249,000. Synopsys accounts for about 1.5% of Allegheny Financial Group’s portfolio, making the stock its 14th biggest holding.

Several other large investors have also recently bought and sold shares of the stock. Norges Bank acquired a new position in shares of Synopsys in the second quarter valued at $647,964,000. Ameriprise Financial Inc. boosted its stake in Synopsys by 29.1% during the second quarter. Ameriprise Financial Inc. now owns 2,598,874 shares of the semiconductor company’s stock worth $1,333,095,000 after buying an additional 585,494 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in Synopsys by 177.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 865,987 shares of the semiconductor company’s stock valued at $427,269,000 after buying an additional 553,924 shares during the period. Ninety One UK Ltd acquired a new position in shares of Synopsys in the 3rd quarter valued at $249,851,000. Finally, Aspex Management HK Ltd lifted its holdings in shares of Synopsys by 106.0% during the 2nd quarter. Aspex Management HK Ltd now owns 645,895 shares of the semiconductor company’s stock worth $331,137,000 after acquiring an additional 332,364 shares during the period. 85.47% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on SNPS shares. Morgan Stanley upped their target price on shares of Synopsys from $510.00 to $550.00 and gave the company an “overweight” rating in a research note on Friday, December 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Synopsys in a research note on Thursday, January 22nd. Bank of America raised Synopsys from an “underperform” rating to a “neutral” rating and dropped their target price for the stock from $525.00 to $500.00 in a report on Monday, December 8th. KeyCorp boosted their price target on Synopsys from $575.00 to $600.00 and gave the company an “overweight” rating in a research note on Thursday, December 11th. Finally, Rosenblatt Securities upgraded Synopsys from a “neutral” rating to a “buy” rating and dropped their price objective for the stock from $605.00 to $560.00 in a research note on Tuesday, December 9th. Nine analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Synopsys has an average rating of “Moderate Buy” and an average target price of $553.57.

Insider Activity

In related news, CFO Shelagh Glaser sold 3,657 shares of Synopsys stock in a transaction dated 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 directly owned 17,842 shares in the company, valued at $8,221,058.34. This trade represents a 17.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 4,157 shares of company stock worth $1,945,036. 0.62% of the stock is owned by company insiders.

Synopsys Price Performance

SNPS opened at $437.45 on Wednesday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.62 and a quick ratio of 1.52. The stock has a market capitalization of $83.69 billion, a P/E ratio of 54.75, a price-to-earnings-growth ratio of 3.66 and a beta of 1.12. The company’s 50 day simple moving average is $479.10 and its 200-day simple moving average is $492.70. Synopsys, Inc. has a one year low of $365.74 and a one year high of $651.73.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings data on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share for the quarter, topping the consensus estimate of $2.79 by $0.11. The firm had revenue of $2.25 billion during the quarter, compared to analysts’ expectations of $2.25 billion. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. Synopsys’s revenue was up 37.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $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. Sell-side analysts anticipate that Synopsys, Inc. will post 10.64 earnings per share for the current fiscal year.

About Synopsys

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.