iA Global Asset Management Inc. decreased its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 50.3% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 21,837 shares of the semiconductor company’s stock after selling 22,057 shares during the period. iA Global Asset Management Inc.’s holdings in Synopsys were worth $10,774,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently modified their holdings of SNPS. Millstone Evans Group LLC purchased a new stake in Synopsys during the 3rd quarter worth approximately $27,000. Strs Ohio lifted its stake in shares of Synopsys by 15.5% during the third quarter. Strs Ohio now owns 43,511 shares of the semiconductor company’s stock worth $21,468,000 after buying an additional 5,849 shares during the period. Stiles Financial Services Inc grew its holdings in shares of Synopsys by 9.8% during the third quarter. Stiles Financial Services Inc now owns 5,480 shares of the semiconductor company’s stock valued at $2,704,000 after buying an additional 488 shares during the last quarter. Stock Yards Bank & Trust Co. increased its position in shares of Synopsys by 67.0% in the 3rd quarter. Stock Yards Bank & Trust Co. now owns 3,765 shares of the semiconductor company’s stock valued at $1,858,000 after acquiring an additional 1,511 shares during the period. Finally, Rakuten Investment Management Inc. acquired a new position in shares of Synopsys in the 3rd quarter valued at $153,000. 85.47% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of analysts have commented on the company. Wells Fargo & Company lifted their price target on Synopsys from $445.00 to $500.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 11th. BNP Paribas Exane initiated coverage on Synopsys in a report on Thursday, October 2nd. They set an “underperform” rating and a $425.00 target price for the company. Zacks Research upgraded Synopsys from a “strong sell” rating to a “hold” rating in a research report on Monday, November 10th. JPMorgan Chase & Co. raised their price target on shares of Synopsys from $600.00 to $650.00 and gave the stock an “overweight” rating in a research report on Thursday, December 11th. Finally, Citigroup assumed coverage on shares of Synopsys in a research note on Monday, November 24th. They set a “buy” rating and a $580.00 price objective for the company. Nine analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $553.57.
Insider Buying and Selling at Synopsys
In other news, insider Janet Lee sold 250 shares of the firm’s stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $530.00, for a total transaction of $132,500.00. Following 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Shelagh Glaser sold 3,657 shares of Synopsys stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $460.77, for a total value of $1,685,035.89. Following the completion of the transaction, 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. In the last 90 days, insiders have sold 4,157 shares of company stock worth $1,945,036. 0.62% of the stock is owned by company insiders.
Synopsys Stock Down 1.6%
Synopsys stock opened at $501.39 on Friday. The business’s 50-day moving average price is $466.97 and its 200 day moving average price is $504.27. 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 firm has a market cap of $95.93 billion, a price-to-earnings ratio of 62.75, a price-to-earnings-growth ratio of 4.24 and a beta of 1.12. Synopsys, Inc. has a 52 week low of $365.74 and a 52 week high of $651.73.
Synopsys (NASDAQ:SNPS – Get Free Report) last released its quarterly earnings data on Wednesday, December 10th. The semiconductor company reported $2.90 EPS for the quarter, topping the consensus estimate of $2.79 by $0.11. The business had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.25 billion. Synopsys had a return on equity of 7.89% and a net margin of 18.89%.The business’s quarterly revenue was up 37.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.40 EPS. 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, sell-side analysts anticipate that Synopsys, Inc. will post 10.64 earnings per share for the current year.
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.
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