Summit Global Investments Purchases Shares of 1,635 Synopsys, Inc. $SNPS

Summit Global Investments acquired a new position in shares of Synopsys, Inc. (NASDAQ:SNPS) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,635 shares of the semiconductor company’s stock, valued at approximately $729,000.

Other institutional investors have also modified their holdings of the company. Sankala Group LLC acquired a new stake in Synopsys during the 4th quarter worth $25,000. Elevation Wealth Partners LLC boosted its stake in Synopsys by 96.4% in the second quarter. Elevation Wealth Partners LLC now owns 55 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 27 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in Synopsys in the fourth quarter valued at $28,000. IMG Wealth Management Inc. purchased a new position in shares of Synopsys during the first quarter worth about $30,000. Finally, Atlas Capital Advisors Inc. purchased a new position in shares of Synopsys during the fourth quarter worth about $32,000. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Insider Buying and Selling

In related news, CEO Sassine Ghazi sold 14,603 shares of the 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 completion of the sale, the chief executive officer directly owned 75,020 shares of the company’s stock, valued at $34,431,179.20. This trade represents a 16.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through 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 Synopsys stock in a transaction on 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 owned 14,358 shares in the company, valued at approximately $6,461,387.16. This trade 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.

Analysts Set New Price Targets

Several research firms have recently weighed in on SNPS. Zacks Research raised Synopsys from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Rosenblatt Securities raised their price target on Synopsys from $530.00 to $575.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Piper Sandler raised Synopsys from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $450.00 to $550.00 in a research report on Tuesday, June 23rd. Needham & Company LLC reiterated a “buy” rating and issued a $580.00 price objective on shares of Synopsys in a research note on Thursday, May 28th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Synopsys in a report on Monday, June 8th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Synopsys currently has a consensus rating of “Moderate Buy” and an average target price of $565.06.

Synopsys Price Performance

Shares of NASDAQ:SNPS opened at $421.50 on Friday. Synopsys, Inc. has a one year low of $366.00 and a one year high of $626.24. The stock has a market capitalization of $80.71 billion, a price-to-earnings ratio of 97.57, a PEG ratio of 2.48 and a beta of 1.23. The company has a 50-day simple moving average of $425.63 and a 200-day simple moving average of $443.35. 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 quarterly earnings results 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. 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%.The business’s revenue was up 41.9% on a year-over-year basis. During the same quarter last year, the company 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. On average, analysts predict that Synopsys, Inc. will post 10.65 EPS for the current year.

Trending Headlines about Synopsys

Here are the key news stories impacting Synopsys this week:

• Positive Sentiment: A discounted-cash-flow analysis suggests Synopsys may be undervalued by approximately 26%, offering potential upside if the company converts strong AI and semiconductor-design demand into sustained cash-flow growth. Synopsys Stock May Be Cheap As Shares Fell 33%
• Positive Sentiment: Analysts and market commentators point to 42% revenue growth, raised guidance and Synopsys’ completed $35 billion acquisition as catalysts that could eventually support a recovery toward substantially higher price levels. These forecasts are speculative and depend on successful integration and continued AI-silicon spending. Prediction: Synopsys Will Hit $650 on This Date

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.