Wendell David Associates Inc. Has $2.93 Million Stock Position in Synopsys, Inc. $SNPS

Wendell David Associates Inc. lifted its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 55.0% during the first quarter, Holdings Channel.com reports. The firm owned 7,400 shares of the semiconductor company’s stock after acquiring an additional 2,626 shares during the period. Wendell David Associates Inc.’s holdings in Synopsys were worth $2,934,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in SNPS. Sowell Financial Services LLC increased its position 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 buying an additional 21 shares in the last quarter. Natural Investments LLC boosted its holdings in Synopsys by 4.6% in the fourth quarter. Natural Investments LLC now owns 482 shares of the semiconductor company’s stock worth $226,000 after acquiring an additional 21 shares in the last quarter. Financial Management Professionals Inc. boosted its holdings in Synopsys by 7.0% in the fourth quarter. Financial Management Professionals Inc. now owns 335 shares of the semiconductor company’s stock worth $157,000 after acquiring an additional 22 shares in the last quarter. Foronjy Financial LLC boosted its holdings in Synopsys by 5.2% in the fourth quarter. Foronjy Financial LLC now owns 446 shares of the semiconductor company’s stock worth $210,000 after acquiring an additional 22 shares in the last quarter. Finally, Barden Capital Management Inc. grew its stake in Synopsys by 1.2% in the fourth quarter. Barden Capital Management Inc. now owns 1,868 shares of the semiconductor company’s stock valued at $877,000 after acquiring an additional 23 shares during the period. 85.47% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on SNPS shares. Wells Fargo & Company boosted their price objective on Synopsys from $505.00 to $535.00 and gave the company an “equal weight” rating in a report on Thursday, May 28th. Berenberg Bank set a $633.00 target price on Synopsys in a report on Wednesday, May 27th. Weiss Ratings reissued a “hold (c-)” rating on shares of Synopsys in a research report on Monday, June 8th. Morgan Stanley boosted their price target on shares of Synopsys from $480.00 to $525.00 and gave the company an “equal weight” rating in a research note on Thursday, May 28th. Finally, Piper Sandler upgraded shares of Synopsys from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $450.00 to $550.00 in a report on Tuesday, June 23rd. Ten analysts have rated the stock with a Buy rating, six 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 a consensus rating of “Moderate Buy” and an average price target of $570.06.

Insider Transactions at Synopsys

In other Synopsys news, CEO Sassine Ghazi sold 14,603 shares of the company’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 completion of the sale, the chief executive officer directly owned 75,020 shares of the company’s stock, valued at approximately $34,431,179.20. This represents a 16.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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. Also, CFO Shelagh Glaser sold 3,394 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $450.02, for a total transaction of $1,527,367.88. Following the completion of the sale, the chief financial officer owned 14,358 shares of the company’s stock, valued at approximately $6,461,387.16. This trade represents a 19.12% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.56% of the company’s stock.

Synopsys Trading Down 0.3%

NASDAQ SNPS opened at $446.07 on Wednesday. The company has a current ratio of 1.43, a quick ratio of 1.32 and a debt-to-equity ratio of 0.33. The business has a fifty day simple moving average of $483.72 and a 200 day simple moving average of $461.78. Synopsys, Inc. has a 12 month low of $376.18 and a 12 month high of $651.73. The firm has a market capitalization of $85.41 billion, a P/E ratio of 103.26, a PEG ratio of 2.63 and a beta of 1.22.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.15 by $0.20. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The firm had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.25 billion. During the same period in the previous year, the firm earned $3.67 EPS. The business’s revenue for the quarter was up 41.9% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. On average, analysts predict 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.