Danske Bank A S purchased a new position in Synopsys, Inc. (NASDAQ:SNPS – Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 87,268 shares of the semiconductor company’s stock, valued at approximately $43,057,000.
Several other institutional investors and hedge funds also recently made changes to their positions in SNPS. Alpine Bank Wealth Management grew its position in Synopsys by 89.3% during the third quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock worth $26,000 after buying an additional 25 shares in the last quarter. TFC Financial Management Inc. raised its holdings in Synopsys by 1,250.0% in the 3rd quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 50 shares in the last quarter. Millstone Evans Group LLC bought a new stake in shares of Synopsys in the 3rd quarter worth approximately $27,000. SOA Wealth Advisors LLC. bought a new stake in shares of Synopsys in the 3rd quarter worth approximately $28,000. Finally, McIlrath & Eck LLC acquired a new stake in shares of Synopsys during the 3rd quarter worth approximately $29,000. Institutional investors own 85.47% of the company’s stock.
Analyst Ratings Changes
A number of research firms have recently issued reports on SNPS. Weiss Ratings restated a “hold (c)” rating on shares of Synopsys in a research report on Thursday, January 22nd. Morgan Stanley reaffirmed an “equal weight” rating and issued a $480.00 target price (down from $550.00) on shares of Synopsys in a research report on Wednesday, February 25th. Citigroup began coverage on shares of Synopsys in a research note on Monday, November 24th. They set a “buy” rating and a $580.00 price target on the stock. Wells Fargo & Company lowered their price target on shares of Synopsys from $500.00 to $450.00 and set an “equal weight” rating on the stock in a report on Thursday, February 26th. Finally, The Goldman Sachs Group set a $600.00 price objective on shares of Synopsys and gave the company a “buy” rating in a research note on Wednesday, February 25th. Eight equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Synopsys currently has an average rating of “Hold” and a consensus price target of $531.00.
Synopsys Price Performance
Synopsys stock opened at $428.67 on Thursday. The business has a 50 day simple moving average of $457.15 and a 200 day simple moving average of $459.91. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.36 and a quick ratio of 1.26. The company has a market capitalization of $82.12 billion, a PE ratio of 66.56, a price-to-earnings-growth ratio of 3.50 and a beta of 1.15. Synopsys, Inc. has a one year low of $365.74 and a one year high of $651.73.
Synopsys (NASDAQ:SNPS – Get Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, beating analysts’ consensus estimates of $3.56 by $0.21. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.The firm had revenue of $2.41 billion for the quarter, compared to analysts’ expectations of $2.39 billion. During the same period in the prior year, the business posted $3.03 earnings per share. The business’s revenue was up 65.6% compared to the same quarter last year. 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, sell-side analysts forecast that Synopsys, Inc. will post 10.64 EPS for the current fiscal year.
Insider Buying and Selling at Synopsys
In other news, insider Janet Lee sold 250 shares of the company’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $530.00, for a total value of $132,500.00. Following the sale, the insider owned 11,959 shares of the company’s stock, valued at approximately $6,338,270. This represents a 2.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Shelagh Glaser sold 3,657 shares of the stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $460.77, for a total transaction of $1,685,035.89. Following the sale, the chief financial officer owned 17,842 shares of the company’s stock, valued at $8,221,058.34. This trade represents a 17.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 4,157 shares of company stock worth $1,945,036 in the last 90 days. 0.56% of the stock is owned by corporate insiders.
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.
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