Riverbridge Partners LLC Grows Position in Synopsys, Inc. $SNPS

Riverbridge Partners LLC boosted its position in Synopsys, Inc. (NASDAQ:SNPS) by 15.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 56,481 shares of the semiconductor company’s stock after acquiring an additional 7,363 shares during the quarter. Riverbridge Partners LLC’s holdings in Synopsys were worth $25,194,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in SNPS. Vanguard Group Inc. increased its position in shares of Synopsys by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 18,464,862 shares of the semiconductor company’s stock valued at $8,673,315,000 after purchasing an additional 283,677 shares during the last quarter. State Street Corp raised its holdings in shares of Synopsys by 0.3% in the 4th quarter. State Street Corp now owns 8,788,890 shares of the semiconductor company’s stock valued at $4,128,317,000 after purchasing an additional 28,532 shares in the last quarter. Morgan Stanley lifted its position in shares of Synopsys by 2.5% during the 4th quarter. Morgan Stanley now owns 4,573,980 shares of the semiconductor company’s stock worth $2,148,491,000 after purchasing an additional 109,917 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Synopsys by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 4,310,846 shares of the semiconductor company’s stock worth $2,017,256,000 after purchasing an additional 54,329 shares in the last quarter. Finally, Van ECK Associates Corp grew its stake in shares of Synopsys by 17.0% during the fourth quarter. Van ECK Associates Corp now owns 2,593,619 shares of the semiconductor company’s stock worth $1,218,275,000 after purchasing an additional 376,711 shares in the last quarter. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Key Synopsys News

Here are the key news stories impacting Synopsys this week:

• Positive Sentiment: Synopsys is expanding its use of AI in chip design, verification and simulation. These tools can improve engineering productivity and reinforce the company’s role in the semiconductor supply chain as demand for AI chips grows. Can SNPS Leverage AI to Accelerate Chip Design and Drive Growth?
• Positive Sentiment: The company is making a major push into agentic AI engineering software, developed in collaboration with Nvidia. The technology could create new growth opportunities by automating portions of chip-to-system development and strengthening Synopsys’ exposure to AI infrastructure. Synopsys Bets Big on Agentic AI
• Positive Sentiment: Despite a recent decline in the shares, analysts and market commentary continue to point to Synopsys’ recurring revenue base, AI exposure and Ansys acquisition as supports for longer-term growth. Its latest reported quarter also included revenue growth of 41.9% year over year and an earnings beat.
• Positive Sentiment: The broader Nvidia-led AI ecosystem remains a potential tailwind for Synopsys because the company provides software used to design and validate advanced chips. Nvidia’s expanding influence in AI investment and data centers could increase demand for semiconductor design tools. Nvidia Will Be the World’s First $10 Trillion Company
• Neutral Sentiment: Synopsys announced that General Counsel Janet Lee will step down, with Cor… identified as part of the transition. The leadership change may receive limited market attention unless additional details indicate an operational or governance concern. Synopsys Announces Transition of General Counsel Role
• Neutral Sentiment: An average analyst price target of $570.06 suggests substantial potential upside, but the figure does not represent a new rating or estimate revision and therefore may have limited immediate impact.
• Negative Sentiment: Wells Fargo lowered its price target from $535 to $450 and maintained an “equal weight” rating. Although the revised target remains above the recent trading level, the cut signals more cautious expectations and may weigh on sentiment. Wells Fargo Price Target Update

Synopsys Trading Up 0.3%

Shares of SNPS opened at $412.32 on Thursday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.43 and a quick ratio of 1.32. Synopsys, Inc. has a 1-year low of $366.00 and a 1-year high of $628.89. The stock has a market cap of $78.95 billion, a price-to-earnings ratio of 95.44, a price-to-earnings-growth ratio of 2.41 and a beta of 1.23. The firm has a 50 day simple moving average of $428.15 and a 200-day simple moving average of $444.13.

Synopsys (NASDAQ:SNPS) last posted its earnings results 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. The firm had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.25 billion. Synopsys had a return on equity of 5.83% and a net margin of 8.91%.Synopsys’s revenue was up 41.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.67 EPS. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. Equities analysts forecast that Synopsys, Inc. will post 10.65 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on SNPS shares. Stifel Nicolaus increased their target price on Synopsys from $550.00 to $600.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Synopsys in a research report on Monday, June 8th. Morgan Stanley upped their price objective on Synopsys from $480.00 to $525.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 28th. Benchmark started coverage on Synopsys in a research report on Wednesday, July 15th. They set a “buy” rating and a $570.00 target price on the stock. Finally, BNP Paribas Exane boosted their target price on Synopsys from $425.00 to $450.00 and gave the stock an “underperform” rating in a research note on Thursday, May 28th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Synopsys currently has an average rating of “Moderate Buy” and an average target price of $565.06.

Insider Buying and Selling at Synopsys

In related news, CEO Sassine Ghazi sold 14,603 shares of Synopsys stock in a transaction dated 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 completion of the sale, the chief executive officer owned 75,020 shares in the company, valued at approximately $34,431,179.20. This trade represents a 16.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 business’s 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 transaction, the chief financial officer directly owned 14,358 shares of the company’s stock, valued at $6,461,387.16. The trade was a 19.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.56% of the stock is owned by corporate insiders.

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.