Stock Yards Bank & Trust Co. Has $1.86 Million Stake in Synopsys, Inc. $SNPS

Stock Yards Bank & Trust Co. grew its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 67.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,765 shares of the semiconductor company’s stock after buying an additional 1,511 shares during the period. Stock Yards Bank & Trust Co.’s holdings in Synopsys were worth $1,858,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of SNPS. Alpine Bank Wealth Management grew its holdings in Synopsys by 89.3% during the third quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares during the period. TFC Financial Management Inc. lifted its holdings in Synopsys by 1,250.0% during the third quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 50 shares in the last quarter. Independence Bank of Kentucky grew its stake in Synopsys by 120.0% in the second quarter. Independence Bank of Kentucky now owns 55 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 30 shares during the period. SOA Wealth Advisors LLC. bought a new stake in shares of Synopsys in the third quarter worth about $28,000. Finally, McIlrath & Eck LLC acquired a new stake in Synopsys during the 3rd quarter worth approximately $29,000. 85.47% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

SNPS has been the topic of several research reports. Bank of America raised shares of Synopsys from an “underperform” rating to a “neutral” rating and cut their price objective for the company from $525.00 to $500.00 in a research report on Monday, December 8th. Zacks Research upgraded Synopsys from a “strong sell” rating to a “hold” rating in a research note on Monday, November 10th. Morgan Stanley upped their price target on Synopsys from $510.00 to $550.00 and gave the stock an “overweight” rating in a research report on Friday, December 12th. Piper Sandler downgraded shares of Synopsys from an “overweight” rating to a “neutral” rating and decreased their target price for the company from $602.00 to $520.00 in a research report on Tuesday, January 13th. Finally, Citigroup initiated coverage on shares of Synopsys in a research report on Monday, November 24th. They set a “buy” rating and a $580.00 price target on the stock. Nine equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $553.57.

Synopsys Stock Performance

Shares of SNPS opened at $521.95 on Thursday. Synopsys, Inc. has a one year low of $365.74 and a one year high of $651.73. The company has a market cap of $99.86 billion, a PE ratio of 65.33, a price-to-earnings-growth ratio of 4.25 and a beta of 1.12. The firm has a 50-day moving average of $462.43 and a 200-day moving average of $504.48. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.62 and a quick ratio of 1.52.

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

Insider Activity

In other Synopsys news, insider Janet Lee sold 250 shares of the firm’s 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 completion of the sale, the insider directly owned 11,959 shares in the company, valued at $6,338,270. This trade represents a 2.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Shelagh Glaser sold 3,657 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $460.77, for a total value of $1,685,035.89. Following the sale, the chief financial officer owned 17,842 shares of the company’s stock, valued at approximately $8,221,058.34. This represents a 17.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 4,157 shares of company stock worth $1,945,036 over the last three months. Insiders own 0.62% of the company’s stock.

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.