Capital Asset Advisory Services LLC Acquires 5,214 Shares of Synopsys, Inc. $SNPS

Capital Asset Advisory Services LLC increased its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS) by 113.2% during the first quarter, Holdings Channel reports. The fund owned 9,820 shares of the semiconductor company’s stock after acquiring an additional 5,214 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in Synopsys were worth $3,893,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Sankala Group LLC bought a new position in Synopsys during the fourth quarter worth $25,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Synopsys in the fourth quarter valued at about $28,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Synopsys during the 4th quarter worth about $28,000. Atlas Capital Advisors Inc. bought a new stake in shares of Synopsys during the 4th quarter worth about $32,000. Finally, Osbon Capital Management LLC bought a new stake in shares of Synopsys during the 4th quarter worth about $34,000. Institutional investors own 85.47% of the company’s stock.

Synopsys Trading Up 1.9%

SNPS stock opened at $454.53 on Thursday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.32 and a current ratio of 1.43. The company’s 50-day simple moving average is $483.60 and its 200 day simple moving average is $461.62. Synopsys, Inc. has a 52 week low of $376.18 and a 52 week high of $651.73. The company has a market capitalization of $87.03 billion, a PE ratio of 105.22, a price-to-earnings-growth ratio of 2.62 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, beating 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 during the quarter, compared to the consensus estimate of $2.25 billion. During the same quarter in the previous year, the firm posted $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. As a group, sell-side analysts anticipate that Synopsys, Inc. will post 10.65 earnings per share for the current year.

Insider Activity at Synopsys

In other Synopsys news, CEO Sassine Ghazi sold 14,603 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $458.96, for a total transaction of $6,702,192.88. Following the transaction, the chief executive officer owned 75,020 shares in the company, valued at $34,431,179.20. This trade represents a 16.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 Synopsys stock in a transaction on Friday, June 12th. The shares were sold at an average price of $450.02, for a total value of $1,527,367.88. Following the completion of the transaction, the chief financial officer directly owned 14,358 shares of the company’s stock, valued at $6,461,387.16. This represents a 19.12% 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. Insiders own 0.56% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on SNPS shares. Bank of America increased their price target on shares of Synopsys from $515.00 to $600.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Robert W. Baird set a $558.00 price objective on Synopsys in a report on Thursday, May 28th. Rosenblatt Securities upped their target price on Synopsys from $530.00 to $575.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. KeyCorp reiterated an “overweight” rating on shares of Synopsys in a research note on Thursday, May 28th. Finally, Citigroup lifted their price target on Synopsys from $600.00 to $610.00 and gave the stock a “buy” rating in a 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’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $570.06.

Synopsys 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.