North Point Portfolio Managers Corp OH Raises Stock Position in Synopsys, Inc. $SNPS

North Point Portfolio Managers Corp OH boosted its position in Synopsys, Inc. (NASDAQ:SNPS) by 20.3% during the 1st quarter, HoldingsChannel.com reports. The firm owned 33,351 shares of the semiconductor company’s stock after purchasing an additional 5,627 shares during the quarter. Synopsys accounts for about 2.4% of North Point Portfolio Managers Corp OH’s holdings, making the stock its 21st largest holding. North Point Portfolio Managers Corp OH’s holdings in Synopsys were worth $13,223,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of SNPS. Wendell David Associates Inc. boosted its holdings in Synopsys by 55.0% in the 1st quarter. Wendell David Associates Inc. now owns 7,400 shares of the semiconductor company’s stock valued at $2,934,000 after purchasing an additional 2,626 shares during the period. Impact Partnership Wealth LLC increased its holdings in shares of Synopsys by 16.0% in the first quarter. Impact Partnership Wealth LLC now owns 718 shares of the semiconductor company’s stock worth $285,000 after purchasing an additional 99 shares during the period. Caliber Wealth Management LLC KS increased its holdings in shares of Synopsys by 28.0% in the first quarter. Caliber Wealth Management LLC KS now owns 4,047 shares of the semiconductor company’s stock worth $1,605,000 after purchasing an additional 886 shares during the period. EWA LLC raised its position in shares of Synopsys by 18.6% in the first quarter. EWA LLC now owns 562 shares of the semiconductor company’s stock worth $223,000 after buying an additional 88 shares in the last quarter. Finally, Apollon Wealth Management LLC raised its position in shares of Synopsys by 6.1% in the first quarter. Apollon Wealth Management LLC now owns 4,779 shares of the semiconductor company’s stock worth $1,895,000 after buying an additional 275 shares in the last quarter. 85.47% of the stock is owned by institutional investors.

Insider Activity

In other news, CFO Shelagh Glaser sold 3,394 shares of the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $450.02, for a total transaction of $1,527,367.88. Following the transaction, the chief financial officer directly owned 14,358 shares in the company, valued at approximately $6,461,387.16. This represents a 19.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,603 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $458.96, for a total value of $6,702,192.88. Following the transaction, the chief executive officer directly owned 75,020 shares in the company, valued at approximately $34,431,179.20. This represents a 16.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.56% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Rosenblatt Securities boosted their target price on Synopsys from $530.00 to $575.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Berenberg Bank set a $633.00 price target on Synopsys in a report on Wednesday, May 27th. Citigroup lifted their price target on Synopsys from $600.00 to $610.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Wells Fargo & Company boosted their price objective on Synopsys from $505.00 to $535.00 and gave the stock an “equal weight” rating in a report on Thursday, May 28th. Finally, Bank of America upped their price objective on shares of Synopsys from $515.00 to $600.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Ten investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $570.06.

Synopsys Stock Down 0.3%

Shares of NASDAQ:SNPS opened at $446.07 on Wednesday. Synopsys, Inc. has a 52-week low of $376.18 and a 52-week high of $651.73. The firm has a fifty day moving average of $483.72 and a 200 day moving average of $461.78. The firm has a market capitalization of $85.41 billion, a PE ratio of 103.26, a price-to-earnings-growth ratio of 2.63 and a beta of 1.22. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.32 and a current ratio of 1.43.

Synopsys (NASDAQ:SNPS) last released its earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 EPS for the quarter, beating analysts’ consensus estimates of $3.15 by $0.20. Synopsys had a return on equity of 5.83% and a net margin of 8.91%.The business had revenue of $2.28 billion for the quarter, compared to analysts’ expectations of $2.25 billion. During the same quarter in the prior year, the firm earned $3.67 earnings per share. The firm’s revenue was up 41.9% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. As a group, research analysts anticipate that Synopsys, Inc. will post 10.65 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.