Synopsys, Inc. $SNPS Shares Sold by Curi Capital LLC

Curi Capital LLC cut its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 4.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 95,186 shares of the semiconductor company’s stock after selling 3,975 shares during the quarter. Synopsys makes up approximately 0.9% of Curi Capital LLC’s portfolio, making the stock its 20th biggest position. Curi Capital LLC’s holdings in Synopsys were worth $48,800,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in SNPS. Symphony Financial Ltd. Co. grew its stake in shares of Synopsys by 4,780.9% during the second quarter. Symphony Financial Ltd. Co. now owns 40,219 shares of the semiconductor company’s stock worth $20,638,000 after purchasing an additional 39,395 shares in the last quarter. HBW Advisory Services LLC raised its stake in Synopsys by 494.9% in the second quarter. HBW Advisory Services LLC now owns 3,611 shares of the semiconductor company’s stock valued at $1,851,000 after buying an additional 3,004 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Synopsys by 0.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,347,887 shares of the semiconductor company’s stock worth $691,035,000 after buying an additional 4,815 shares during the last quarter. Westbourne Investments Inc. acquired a new position in shares of Synopsys during the 2nd quarter worth about $1,505,000. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Synopsys by 1.7% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 178,786 shares of the semiconductor company’s stock worth $91,660,000 after acquiring an additional 2,991 shares in the last quarter. 85.47% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Bank of America raised Synopsys from an “underperform” rating to a “neutral” rating and cut their target price for the stock from $525.00 to $500.00 in a research report on Monday, December 8th. Mizuho cut their price objective on shares of Synopsys from $700.00 to $600.00 and set an “outperform” rating on the stock in a report on Thursday, September 11th. Wall Street Zen upgraded shares of Synopsys from a “sell” rating to a “hold” rating in a report on Saturday. Stifel Nicolaus dropped their target price on shares of Synopsys from $650.00 to $550.00 and set a “buy” rating on the stock in a research report on Wednesday, September 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Synopsys in a research report on Wednesday, October 8th. Eleven investment 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. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $562.13.

Insider Buying and Selling at Synopsys

In related news, CAO Sudhindra Kankanwadi sold 9,873 shares of Synopsys stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $500.90, for a total value of $4,945,385.70. Following the sale, the chief accounting officer directly owned 20,520 shares in the company, valued at $10,278,468. The trade was a 32.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.62% of the stock is currently owned by company insiders.

Synopsys Trading Down 5.1%

Shares of Synopsys stock opened at $452.95 on Friday. The firm has a market cap of $84.14 billion, a price-to-earnings ratio of 56.69, a price-to-earnings-growth ratio of 5.93 and a beta of 1.16. Synopsys, Inc. has a 52-week low of $365.74 and a 52-week high of $651.73. The company’s 50-day simple moving average is $435.71 and its 200-day simple moving average is $504.17. The company has a quick ratio of 1.51, a current ratio of 1.62 and a debt-to-equity ratio of 0.48.

Synopsys (NASDAQ:SNPS) last announced its quarterly earnings data on Wednesday, December 10th. The semiconductor company reported $2.90 EPS for the quarter, beating analysts’ consensus estimates of $2.79 by $0.11. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. The firm had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.25 billion. During the same quarter last year, the firm earned $3.40 earnings per share. The firm’s revenue 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. As a group, equities research analysts anticipate that Synopsys, Inc. will post 10.64 earnings per share for the current year.

About Synopsys

Synopsys, Inc provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions.