Gardner Lewis Asset Management L P Lowers Position in Synopsys, Inc. $SNPS

Gardner Lewis Asset Management L P reduced its stake in Synopsys, Inc. (NASDAQ:SNPSFree Report) by 40.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,065 shares of the semiconductor company’s stock after selling 4,083 shares during the period. Gardner Lewis Asset Management L P’s holdings in Synopsys were worth $2,992,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in shares of Synopsys by 20.7% in the 3rd quarter. Vanguard Group Inc. now owns 18,181,185 shares of the semiconductor company’s stock valued at $8,970,415,000 after acquiring an additional 3,120,401 shares during the period. Norges Bank acquired a new stake in Synopsys in the 2nd quarter valued at approximately $647,964,000. Ameriprise Financial Inc. raised its position in Synopsys by 29.1% in the second quarter. Ameriprise Financial Inc. now owns 2,598,874 shares of the semiconductor company’s stock valued at $1,333,095,000 after purchasing an additional 585,494 shares during the period. M&G PLC lifted its stake in Synopsys by 86,263.0% during the third quarter. M&G PLC now owns 567,405 shares of the semiconductor company’s stock worth $279,731,000 after purchasing an additional 566,748 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its stake in Synopsys by 177.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 865,987 shares of the semiconductor company’s stock worth $427,269,000 after purchasing an additional 553,924 shares in the last quarter. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Analyst Ratings Changes

SNPS has been the topic of several research analyst reports. Zacks Research upgraded Synopsys from a “strong sell” rating to a “hold” rating in a report on Monday, November 10th. KeyCorp boosted their price target on shares of Synopsys from $575.00 to $600.00 and gave the stock an “overweight” rating in a research note on Thursday, December 11th. Rosenblatt Securities reissued a “buy” rating and issued a $560.00 price objective on shares of Synopsys in a research note on Friday. Bank of America upgraded shares of Synopsys from an “underperform” rating to a “neutral” rating and dropped their price objective for the company from $525.00 to $500.00 in a report on Monday, December 8th. Finally, Piper Sandler lowered shares of Synopsys from an “overweight” rating to a “neutral” rating and reduced their target price for the stock from $602.00 to $520.00 in a report on Tuesday, January 13th. Nine investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Synopsys has an average rating of “Hold” and a consensus price target of $547.00.

Read Our Latest Analysis on SNPS

Synopsys Stock Down 0.6%

SNPS stock opened at $439.94 on Friday. The company’s 50 day moving average price is $474.06 and its 200 day moving average price is $482.90. The firm has a market capitalization of $84.17 billion, a price-to-earnings ratio of 55.06, a PEG ratio of 3.66 and a beta of 1.12. Synopsys, Inc. has a fifty-two week low of $365.74 and a fifty-two week high of $651.73. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.52 and a current ratio of 1.62.

Synopsys (NASDAQ:SNPSGet Free Report) 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. On average, equities research analysts anticipate that Synopsys, Inc. will post 10.64 EPS for the current fiscal year.

Insider Buying and Selling at Synopsys

In other Synopsys news, insider Janet Lee sold 250 shares of the firm’s stock in a transaction on 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 in the company, valued at $6,338,270. This trade represents a 2.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Shelagh Glaser sold 3,657 shares of the company’s stock in a transaction dated 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 transaction, the chief financial officer directly owned 17,842 shares of the company’s stock, valued at approximately $8,221,058.34. This represents a 17.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 4,157 shares of company stock worth $1,945,036 in the last three months. 0.62% of the stock is currently owned by corporate insiders.

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About Synopsys

(Free Report)

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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Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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