Kinsale Capital Group Inc. Acquires New Shares in Synopsys, Inc. $SNPS

Kinsale Capital Group Inc. purchased a new position in shares of Synopsys, Inc. (NASDAQ:SNPS) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 18,411 shares of the semiconductor company’s stock, valued at approximately $9,084,000. Synopsys comprises approximately 1.7% of Kinsale Capital Group Inc.’s portfolio, making the stock its 25th largest position.

Other institutional investors have also made changes to their positions in the company. B.O.S.S. Retirement Advisors LLC boosted its position in Synopsys by 21.4% during the third quarter. B.O.S.S. Retirement Advisors LLC now owns 1,631 shares of the semiconductor company’s stock worth $805,000 after purchasing an additional 288 shares during the period. Azzad Asset Management Inc. ADV raised its position in shares of Synopsys by 34.0% in the third quarter. Azzad Asset Management Inc. ADV now owns 6,703 shares of the semiconductor company’s stock valued at $3,307,000 after purchasing an additional 1,702 shares during the period. Smartleaf Asset Management LLC lifted its stake in shares of Synopsys by 38.6% in the third quarter. Smartleaf Asset Management LLC now owns 3,062 shares of the semiconductor company’s stock worth $1,475,000 after buying an additional 852 shares during the last quarter. Alps Advisors Inc. boosted its holdings in shares of Synopsys by 25.9% during the 3rd quarter. Alps Advisors Inc. now owns 3,785 shares of the semiconductor company’s stock worth $1,867,000 after buying an additional 779 shares during the period. Finally, Renaissance Group LLC grew its stake in Synopsys by 8.3% in the 3rd quarter. Renaissance Group LLC now owns 636 shares of the semiconductor company’s stock valued at $314,000 after buying an additional 49 shares during the last quarter. 85.47% of the stock is owned by institutional investors.

Insider Buying and Selling at Synopsys

In other news, CFO Shelagh Glaser sold 3,657 shares of the business’s stock in a transaction on Friday, December 19th. The stock was sold at an average price of $460.77, for a total transaction of $1,685,035.89. Following the completion of the sale, the chief financial officer owned 17,842 shares in the company, valued at $8,221,058.34. The trade was a 17.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Janet Lee sold 250 shares of the business’s stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $530.00, for a total value of $132,500.00. Following the sale, the insider directly owned 11,959 shares of the company’s stock, valued at $6,338,270. This represents a 2.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 4,157 shares of company stock worth $1,945,036. Company insiders own 0.62% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Synopsys in a report on Thursday, January 22nd. Bank of America upgraded Synopsys from an “underperform” rating to a “neutral” rating and decreased their target price for the company from $525.00 to $500.00 in a research note on Monday, December 8th. Needham & Company LLC lifted their price target on Synopsys from $550.00 to $580.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Zacks Research upgraded Synopsys from a “strong sell” rating to a “hold” rating in a report on Monday, November 10th. Finally, Wells Fargo & Company raised their price objective on shares of Synopsys from $445.00 to $500.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 11th. Nine equities 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 MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $553.57.

Synopsys Stock Performance

Shares of NASDAQ:SNPS opened at $426.88 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.62 and a quick ratio of 1.52. The business’s fifty day moving average price is $479.33 and its two-hundred day moving average price is $495.89. Synopsys, Inc. has a fifty-two week low of $365.74 and a fifty-two week high of $651.73. The stock has a market capitalization of $81.67 billion, a price-to-earnings ratio of 53.43, a price-to-earnings-growth ratio of 3.55 and a beta of 1.12.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings data on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share 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 analyst estimates of $2.25 billion. During the same quarter last year, the business posted $3.40 earnings per share. The company’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, analysts predict that Synopsys, Inc. will post 10.64 EPS for the current fiscal year.

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.