Central Pacific Bank Trust Division Has $3.04 Million Stock Position in Synopsys, Inc. $SNPS

Central Pacific Bank Trust Division grew its stake in Synopsys, Inc. (NASDAQ:SNPS) by 22.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,481 shares of the semiconductor company’s stock after purchasing an additional 1,191 shares during the period. Central Pacific Bank Trust Division’s holdings in Synopsys were worth $3,044,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. boosted its stake 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 in the last quarter. State Street Corp grew its position in Synopsys by 20.6% in the third quarter. State Street Corp now owns 8,760,358 shares of the semiconductor company’s stock valued at $4,322,273,000 after acquiring an additional 1,493,912 shares during the period. Victory Capital Management Inc. raised its stake in 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 in the last quarter. Ameriprise Financial Inc. raised 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 acquiring an additional 585,494 shares in the last quarter. Finally, Capital Research Global Investors lifted its holdings in shares of Synopsys by 226.6% during the third quarter. Capital Research Global Investors now owns 2,524,512 shares of the semiconductor company’s stock valued at $1,245,533,000 after acquiring an additional 1,751,432 shares during the period. 85.47% of the stock is owned by institutional investors and hedge funds.

Synopsys Trading Down 1.9%

NASDAQ SNPS opened at $420.32 on Friday. Synopsys, Inc. has a 12 month low of $365.74 and a 12 month high of $651.73. The stock has a 50-day simple moving average of $453.33 and a 200 day simple moving average of $458.42. The company has a current ratio of 1.36, a quick ratio of 1.26 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $80.52 billion, a PE ratio of 65.27, a P/E/G 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 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.56 by $0.21. The firm had revenue of $2.41 billion for the quarter, compared to analysts’ expectations of $2.39 billion. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.The company’s revenue was up 65.6% compared to the same quarter last year. During the same quarter last year, the business earned $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. Research analysts forecast that Synopsys, Inc. will post 10.64 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Synopsys in a research note on Thursday, January 22nd. KeyCorp lifted their price target on shares of Synopsys from $575.00 to $600.00 and gave the company an “overweight” rating in a report on Thursday, December 11th. Bank of America upgraded shares of Synopsys from an “underperform” rating to a “neutral” rating and reduced their price target for the company from $525.00 to $500.00 in a research report on Monday, December 8th. Wells Fargo & Company decreased their price objective on shares of Synopsys from $500.00 to $450.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 26th. Finally, Wall Street Zen raised shares of Synopsys from a “sell” rating to a “hold” rating in a report on Saturday, December 13th. Eight equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $531.00.

Insiders Place Their Bets

In related news, insider Janet Lee sold 250 shares of Synopsys stock in a transaction that occurred 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 transaction, the insider owned 11,959 shares of the company’s stock, valued at $6,338,270. This trade represents a 2.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.56% of the stock is owned by insiders.

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.