Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $17.67 Million Stock Holdings in Synopsys, Inc. $SNPS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 3.1% in the first quarter, HoldingsChannel.com reports. The fund owned 44,566 shares of the semiconductor company’s stock after acquiring an additional 1,360 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Synopsys were worth $17,670,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of SNPS. Sankala Group LLC acquired a new position in Synopsys in the fourth quarter valued at about $25,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Synopsys during the fourth quarter worth about $28,000. Caitong International Asset Management Co. Ltd acquired a new stake in Synopsys during the fourth quarter worth about $28,000. Atlas Capital Advisors Inc. bought a new position in Synopsys in the 4th quarter valued at about $32,000. Finally, Phillip James Consulting Co. bought a new position in Synopsys in the 4th quarter valued at about $36,000. 85.47% of the stock is owned by institutional investors and hedge funds.

Synopsys Price Performance

SNPS stock opened at $445.50 on Monday. The stock has a market cap of $85.30 billion, a price-to-earnings ratio of 103.12, a P/E/G ratio of 2.62 and a beta of 1.22. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.43 and a quick ratio of 1.32. The company has a 50 day simple moving average of $477.80 and a 200 day simple moving average of $460.56. Synopsys, Inc. has a 1 year low of $376.18 and a 1 year high of $651.73.

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

Insider Buying and Selling 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 stock was sold at an average price of $458.96, for a total value of $6,702,192.88. Following the completion of the transaction, the chief executive officer owned 75,020 shares of the company’s stock, valued at $34,431,179.20. This represents a 16.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 value of $1,527,367.88. Following the completion of the transaction, the chief financial officer 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.56% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on SNPS. Berenberg Bank set a $633.00 price target on shares of Synopsys in a report on Wednesday, May 27th. KeyCorp reissued an “overweight” rating on shares of Synopsys in a research note on Thursday, May 28th. Rosenblatt Securities boosted their price objective on shares of Synopsys from $530.00 to $575.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Bank of America upped their target price on Synopsys from $515.00 to $600.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Finally, Robert W. Baird set a $558.00 target price on Synopsys in a report on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Synopsys presently has a consensus rating of “Moderate Buy” and a consensus price target 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.