Legal & General Group Plc Has $578.74 Million Stock Holdings in Synopsys, Inc. $SNPS

Legal & General Group Plc decreased its position in shares of Synopsys, Inc. (NASDAQ:SNPSFree Report) by 4.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,232,099 shares of the semiconductor company’s stock after selling 51,294 shares during the period. Legal & General Group Plc’s holdings in Synopsys were worth $578,742,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Sowell Financial Services LLC lifted its stake in Synopsys by 2.0% in the 4th quarter. Sowell Financial Services LLC now owns 1,056 shares of the semiconductor company’s stock valued at $496,000 after purchasing an additional 21 shares during the last quarter. Natural Investments LLC lifted its stake in Synopsys by 4.6% in the 4th quarter. Natural Investments LLC now owns 482 shares of the semiconductor company’s stock valued at $226,000 after purchasing an additional 21 shares during the last quarter. Financial Management Professionals Inc. lifted its stake in Synopsys by 7.0% in the 4th quarter. Financial Management Professionals Inc. now owns 335 shares of the semiconductor company’s stock valued at $157,000 after purchasing an additional 22 shares during the last quarter. Foronjy Financial LLC lifted its stake in Synopsys by 5.2% in the 4th quarter. Foronjy Financial LLC now owns 446 shares of the semiconductor company’s stock valued at $210,000 after purchasing an additional 22 shares during the last quarter. Finally, Barden Capital Management Inc. lifted its stake in Synopsys by 1.2% in the 4th quarter. Barden Capital Management Inc. now owns 1,868 shares of the semiconductor company’s stock valued at $877,000 after purchasing an additional 23 shares during the last quarter. Institutional investors and hedge funds own 85.47% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Needham & Company LLC reissued a “buy” rating on shares of Synopsys in a research note on Thursday, February 26th. Wells Fargo & Company increased their price objective on shares of Synopsys from $450.00 to $505.00 and gave the company an “equal weight” rating in a research note on Thursday, May 14th. Rosenblatt Securities dropped their price target on shares of Synopsys from $560.00 to $530.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Citigroup raised their price target on shares of Synopsys from $580.00 to $600.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Finally, Piper Sandler dropped their price target on shares of Synopsys from $520.00 to $430.00 and set a “neutral” rating for the company in a research note on Thursday, February 26th. Eight investment 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. Based on data from MarketBeat.com, Synopsys has an average rating of “Hold” and an average target price of $536.00.

Check Out Our Latest Stock Analysis on Synopsys

Synopsys Price Performance

Shares of NASDAQ SNPS opened at $524.74 on Tuesday. Synopsys, Inc. has a twelve month low of $376.18 and a twelve month high of $651.73. The firm has a fifty day simple moving average of $453.12 and a 200 day simple moving average of $451.89. The company has a market capitalization of $100.52 billion, a PE ratio of 81.48, a P/E/G ratio of 4.29 and a beta of 1.25. The company has a quick ratio of 1.26, a current ratio of 1.36 and a debt-to-equity ratio of 0.33.

Synopsys (NASDAQ:SNPSGet Free Report) last announced its earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $2.39 billion. During the same quarter last year, the firm earned $3.03 earnings per share. Synopsys’s quarterly revenue was up 65.6% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. On average, sell-side analysts forecast that Synopsys, Inc. will post 10.28 EPS for the current year.

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.

See Also

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Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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