56,929 Shares in Synopsys, Inc. $SNPS Bought by Tensor Edge Capital LLC

Tensor Edge Capital LLC purchased a new position in shares of Synopsys, Inc. (NASDAQ:SNPS) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 56,929 shares of the semiconductor company’s stock, valued at approximately $26,741,000. Synopsys accounts for 7.6% of Tensor Edge Capital LLC’s investment portfolio, making the stock its 5th largest holding.

Several other hedge funds have also recently modified their holdings of SNPS. Millstone Evans Group LLC acquired a new stake in shares of Synopsys during the third quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Synopsys during the fourth quarter worth $28,000. Oakworth Capital Inc. lifted its holdings in shares of Synopsys by 3,700.0% during the fourth quarter. Oakworth Capital Inc. now owns 76 shares of the semiconductor company’s stock worth $36,000 after purchasing an additional 74 shares during the period. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Synopsys during the third quarter worth $38,000. Finally, N.E.W. Advisory Services LLC lifted 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 worth $38,000 after purchasing an additional 45 shares during the period. 85.47% of the stock is owned by institutional investors and hedge funds.

Synopsys Trading Up 1.0%

NASDAQ:SNPS opened at $498.93 on Thursday. Synopsys, Inc. has a 1 year low of $376.18 and a 1 year high of $651.73. The stock has a market capitalization of $95.58 billion, a price-to-earnings ratio of 77.47, a PEG ratio of 4.03 and a beta of 1.25. The stock has a fifty day moving average price of $447.74 and a two-hundred day moving average price of $450.22. 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:SNPS) last released its quarterly earnings data on Wednesday, February 25th. The semiconductor company reported $3.77 EPS for the quarter, topping the consensus estimate of $3.56 by $0.21. The business had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.39 billion. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The business’s revenue for the quarter was up 65.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.03 EPS. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. As a group, sell-side analysts anticipate that Synopsys, Inc. will post 10.3 earnings per share for the current fiscal year.

Analysts Set New Price Targets

SNPS has been the subject of several recent research reports. The Goldman Sachs Group set a $600.00 price target on Synopsys and gave the stock a “buy” rating in a report on Wednesday, February 25th. Morgan Stanley reiterated an “equal weight” rating and issued a $480.00 price objective (down from $550.00) on shares of Synopsys in a research report on Wednesday, February 25th. Citigroup increased their price objective on Synopsys from $580.00 to $600.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. Needham & Company LLC reiterated a “buy” rating on shares of Synopsys in a research report on Thursday, February 26th. Finally, Piper Sandler cut their price objective on Synopsys from $520.00 to $430.00 and set a “neutral” rating for the company in a research report on Thursday, February 26th. Eight analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $536.00.

Synopsys Company 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.