Fifth Third Bancorp Lowers Stock Holdings in Synopsys, Inc. $SNPS

Fifth Third Bancorp reduced its position in Synopsys, Inc. (NASDAQ:SNPS) by 4.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 180,095 shares of the semiconductor company’s stock after selling 9,140 shares during the quarter. Fifth Third Bancorp owned about 0.10% of Synopsys worth $88,857,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Lionshead Wealth Management LLC boosted its holdings in Synopsys by 1.9% in the 2nd quarter. Lionshead Wealth Management LLC now owns 914 shares of the semiconductor company’s stock valued at $469,000 after purchasing an additional 17 shares during the period. YANKCOM Partnership raised 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 buying an additional 17 shares in the last quarter. Manchester Capital Management LLC raised its position in shares of Synopsys by 5.3% in the second quarter. Manchester Capital Management LLC now owns 340 shares of the semiconductor company’s stock worth $174,000 after buying an additional 17 shares in the last quarter. Rehmann Capital Advisory Group boosted its stake in Synopsys by 1.4% during the second quarter. Rehmann Capital Advisory Group now owns 1,345 shares of the semiconductor company’s stock valued at $690,000 after buying an additional 18 shares during the period. Finally, Savvy Advisors Inc. grew its position in Synopsys by 3.6% during the second quarter. Savvy Advisors Inc. now owns 551 shares of the semiconductor company’s stock worth $282,000 after buying an additional 19 shares in the last quarter. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Morgan Stanley raised their price target on Synopsys from $510.00 to $550.00 and gave the company an “overweight” rating in a report on Friday, December 12th. Piper Sandler cut shares of Synopsys from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $602.00 to $520.00 in a research report on Tuesday, January 13th. Bank of America upgraded shares of Synopsys from an “underperform” rating to a “neutral” rating and dropped their target price for the company from $525.00 to $500.00 in a research report on Monday, December 8th. KeyCorp boosted their price target on shares of Synopsys from $575.00 to $600.00 and gave the stock an “overweight” rating in a research note on Thursday, December 11th. Finally, Wells Fargo & Company increased their price target on shares of Synopsys from $445.00 to $500.00 and gave the stock an “equal weight” rating in a report on Thursday, December 11th. Nine investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Synopsys presently has a consensus rating of “Moderate Buy” and an average target price of $553.57.

Insider Buying and Selling at Synopsys

In other news, 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 transaction 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 approximately $8,221,058.34. This represents a 17.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Janet Lee sold 250 shares of the firm’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 completion of the sale, the insider directly 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 SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 4,157 shares of company stock worth $1,945,036. 0.62% of the stock is owned by insiders.

Synopsys Price Performance

Shares of NASDAQ:SNPS opened at $437.09 on Monday. The company has a quick ratio of 1.52, a current ratio of 1.62 and a debt-to-equity ratio of 0.48. The stock has a market cap of $83.62 billion, a PE ratio of 54.70, a PEG ratio of 3.64 and a beta of 1.12. The company’s fifty day moving average is $477.13 and its 200 day moving average is $488.65. Synopsys, Inc. has a 52 week low of $365.74 and a 52 week high of $651.73.

Synopsys (NASDAQ:SNPS) last announced its quarterly earnings data on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.79 by $0.11. Synopsys had a return on equity of 7.89% and a net margin of 18.89%.The firm had revenue of $2.25 billion for the quarter, compared to analysts’ expectations of $2.25 billion. During the same period last year, the firm earned $3.40 earnings per share. The company’s revenue for the quarter was up 37.8% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.320-14.400 EPS and its Q1 2026 guidance at 3.520-3.580 EPS. Research analysts anticipate that Synopsys, Inc. will post 10.64 earnings per share for the current year.

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.