Synopsys, Inc. $SNPS Shares Acquired by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA grew its stake in Synopsys, Inc. (NASDAQ:SNPS) by 235.6% during the third quarter, Holdings Channel.com reports. The fund owned 18,613 shares of the semiconductor company’s stock after acquiring an additional 13,066 shares during the period. Union Bancaire Privee UBP SA’s holdings in Synopsys were worth $9,183,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Independence Bank of Kentucky increased its holdings in Synopsys by 120.0% in the 2nd quarter. Independence Bank of Kentucky now owns 55 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 30 shares during the last quarter. Saudi Central Bank purchased a new position in shares of Synopsys during the first quarter worth $26,000. Princeton Global Asset Management LLC grew its stake in shares of Synopsys by 481.8% in the second quarter. Princeton Global Asset Management LLC now owns 64 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 53 shares in the last quarter. AlphaQuest LLC raised its holdings in shares of Synopsys by 423.1% in the 2nd quarter. AlphaQuest LLC now owns 68 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 55 shares during the period. Finally, WPG Advisers LLC purchased a new stake in shares of Synopsys in the 1st quarter valued at $34,000. 85.47% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

SNPS has been the subject of a number of research analyst reports. Citigroup started coverage on Synopsys in a report on Monday, November 24th. They set a “buy” rating and a $580.00 target price for the company. Wall Street Zen raised shares of Synopsys from a “sell” rating to a “hold” rating in a research note on Saturday. Wells Fargo & Company lifted their price objective on shares of Synopsys from $445.00 to $500.00 and gave the company an “equal weight” rating in a report on Thursday, December 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Synopsys in a report on Wednesday, October 8th. Finally, Piper Sandler dropped their price target on shares of Synopsys from $630.00 to $602.00 and set an “overweight” rating for the company in a research note on Thursday, December 11th. Eleven research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Synopsys presently has a consensus rating of “Moderate Buy” and a consensus price target of $562.13.

Insider Activity at Synopsys

In related news, CAO Sudhindra Kankanwadi sold 9,873 shares of the stock in a transaction 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 transaction, the chief accounting officer owned 20,520 shares of the company’s stock, valued at $10,278,468. This represents a 32.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 0.62% of the company’s stock.

Synopsys Stock Up 1.9%

Shares of NASDAQ:SNPS opened at $463.34 on Wednesday. Synopsys, Inc. has a fifty-two week low of $365.74 and a fifty-two week high of $651.73. The firm’s 50 day moving average price is $434.95 and its 200 day moving average price is $504.43. 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 $86.07 billion, a price-to-earnings ratio of 57.99, a price-to-earnings-growth ratio of 3.78 and a beta of 1.16.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings results on Wednesday, December 10th. The semiconductor company reported $2.90 EPS for the quarter, topping the consensus estimate of $2.79 by $0.11. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. The company had revenue of $2.25 billion during the quarter, compared to analysts’ expectations of $2.25 billion. During the same quarter in the previous year, the business posted $3.40 EPS. The firm’s revenue was up 37.8% on a year-over-year basis. 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 predict that Synopsys, Inc. will post 10.64 earnings per share for the current fiscal year.

Synopsys Company Profile

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.