Synopsys, Inc. $SNPS Shares Sold by Davis Rea LTD.

Davis Rea LTD. trimmed its stake in Synopsys, Inc. (NASDAQ:SNPSFree Report) by 13.9% in the fourth quarter, HoldingsChannel reports. The firm owned 30,889 shares of the semiconductor company’s stock after selling 4,994 shares during the period. Synopsys makes up about 3.6% of Davis Rea LTD.’s portfolio, making the stock its 8th largest position. Davis Rea LTD.’s holdings in Synopsys were worth $14,509,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. N.E.W. Advisory Services LLC grew its holdings in shares of Synopsys by 128.6% during the fourth quarter. N.E.W. Advisory Services LLC now owns 80 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 45 shares during the last quarter. Diversified Enterprises LLC acquired a new position in shares of Synopsys during the fourth quarter valued at about $710,000. Chicago Partners Investment Group LLC grew its holdings in shares of Synopsys by 13.1% during the fourth quarter. Chicago Partners Investment Group LLC now owns 1,119 shares of the semiconductor company’s stock valued at $561,000 after buying an additional 130 shares during the last quarter. Quent Long Short Global Small Cap Fund LP acquired a new position in shares of Synopsys during the fourth quarter valued at about $554,000. Finally, Turtle Creek Wealth Advisors LLC grew its holdings in shares of Synopsys by 52.3% during the fourth quarter. Turtle Creek Wealth Advisors LLC now owns 2,240 shares of the semiconductor company’s stock valued at $1,052,000 after buying an additional 769 shares during the last quarter. 85.47% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently issued reports on SNPS. Rosenblatt Securities reduced their price objective on shares of Synopsys from $560.00 to $530.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Wells Fargo & Company reduced their price objective on shares of Synopsys from $500.00 to $450.00 and set an “equal weight” rating for the company in a report on Thursday, February 26th. The Goldman Sachs Group set a $600.00 price objective on shares of Synopsys and gave the company a “buy” rating in a report on Wednesday, February 25th. Piper Sandler reduced their price objective on shares of Synopsys from $520.00 to $430.00 and set a “neutral” rating for the company in a report on Thursday, February 26th. Finally, Needham & Company LLC reiterated a “buy” rating on shares of Synopsys in a report on Thursday, February 26th. Eight investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $531.00.

Get Our Latest Research Report on Synopsys

Synopsys Stock Down 4.3%

Synopsys stock opened at $456.85 on Friday. Synopsys, Inc. has a fifty-two week low of $376.18 and a fifty-two week high of $651.73. The stock has a market cap of $87.51 billion, a PE ratio of 70.94, a price-to-earnings-growth ratio of 3.90 and a beta of 1.15. The firm’s 50-day simple moving average is $424.75 and its 200 day simple moving average is $445.17. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.26 and a current ratio of 1.36.

Synopsys (NASDAQ:SNPSGet Free Report) last released its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, topping the consensus estimate of $3.56 by $0.21. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The business had revenue of $2.41 billion for the quarter, compared to analysts’ expectations of $2.39 billion. During the same period in the previous year, the company earned $3.03 earnings per share. The firm’s revenue for the quarter was up 65.6% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. Research analysts predict that Synopsys, Inc. will post 10.3 EPS for the current fiscal year.

Synopsys Profile

(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.

Further Reading

Want to see what other hedge funds are holding SNPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Synopsys, Inc. (NASDAQ:SNPSFree Report).

Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

Receive News & Ratings for Synopsys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Synopsys and related companies with MarketBeat.com's FREE daily email newsletter.