Van ECK Associates Corp Raises Stock Holdings in Synopsys, Inc. $SNPS

Van ECK Associates Corp increased its stake in Synopsys, Inc. (NASDAQ:SNPS) by 19.7% during the 2nd quarter, Holdings Channel reports. The firm owned 3,457,249 shares of the semiconductor company’s stock after purchasing an additional 569,687 shares during the quarter. Synopsys comprises approximately 1.0% of Van ECK Associates Corp’s portfolio, making the stock its 18th biggest holding. Van ECK Associates Corp’s holdings in Synopsys were worth $1,542,175,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. BlackRock Inc. purchased a new position in Synopsys in the 2nd quarter worth approximately $7,228,099,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Synopsys in the 2nd quarter worth $747,400,000. Norges Bank purchased a new stake in shares of Synopsys during the 4th quarter valued at $730,197,000. Bank of New York Mellon Corp purchased a new stake in shares of Synopsys during the 2nd quarter valued at $692,074,000. Finally, State Street Corp lifted its holdings in shares of Synopsys by 20.6% during the 3rd quarter. State Street Corp now owns 8,760,358 shares of the semiconductor company’s stock worth $4,322,273,000 after acquiring an additional 1,493,912 shares during the last quarter. 85.47% of the stock is owned by hedge funds and other institutional investors.

Key Synopsys News

Here are the key news stories impacting Synopsys this week:

• Positive Sentiment: Strong Q3 performance: Synopsys reported adjusted earnings of $3.91 per share versus expectations of $3.67, while revenue reached $2.48 billion, up 42.4% year over year and ahead of estimates. Strength in electronic design automation (EDA) and the Ansys acquisition supported the results. SNPS Q3 Earnings Beat Estimates on EDA and Ansys Strength
• Positive Sentiment: Higher outlook and AI momentum: Management raised fiscal 2026 guidance, citing accelerating EDA demand, recovering Design IP activity, interest in agentic AI and additional opportunities from integrating Ansys. Fiscal 2026 EPS guidance is $15.04–$15.10, with revenue guidance reportedly raised to approximately $9.72 billion. SNPS Q3 Earnings Call Highlights EDA Acceleration, Outlook Raised
• Positive Sentiment: Analyst and strategic support: Goldman Sachs, Benchmark and Needham reaffirmed Buy ratings, with price targets ranging from $570 to $600. Elliott Investment Management also reportedly built a multibillion-dollar position, betting Synopsys can narrow its discount to peers. Elliott Bets Multibillion-Dollar Position on Closing Synopsys’ Peer Discount
• Neutral Sentiment: Commentators view Synopsys as a key supplier to major technology companies, including Nvidia, and believe Ansys has strengthened its competitive moat; however, the acquisition’s full contribution depends on successful integration and future synergies. SNPS in Right Place, Right Time?
• Negative Sentiment: Valuation and peer concerns: Following the earnings rally, investors are refocusing on valuation, with Synopsys trading at a high earnings multiple. A comparison with PDF Solutions also highlighted stronger growth and margin improvement at the smaller rival, potentially limiting near-term enthusiasm for SNPS. SNPS vs. PDFS: Which Semiconductor Software Stock Has an Edge?

Insider Transactions at Synopsys

In related news, CEO Sassine Ghazi sold 14,603 shares of the 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 directly owned 75,020 shares in the company, valued at $34,431,179.20. This represents a 16.29% decrease in their position. The sale was disclosed in a legal filing with the SEC, 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 the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $450.02, for a total value of $1,527,367.88. Following the transaction, the chief financial officer owned 14,358 shares in the company, valued at approximately $6,461,387.16. The trade was a 19.12% decrease in their ownership of the stock. 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. Insiders own 0.56% of the company’s stock.

Synopsys Price Performance

Shares of NASDAQ:SNPS opened at $442.61 on Friday. The stock has a market cap of $84.82 billion, a PE ratio of 78.20, a PEG ratio of 2.73 and a beta of 1.23. The company’s fifty day moving average is $416.64 and its 200 day moving average is $440.13. Synopsys, Inc. has a 52 week low of $366.00 and a 52 week high of $615.79. The company has a quick ratio of 1.32, a current ratio of 1.34 and a debt-to-equity ratio of 0.29.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share for the quarter, topping the consensus estimate of $3.67 by $0.24. Synopsys had a net margin of 11.43% and a return on equity of 6.24%. The business had revenue of $2.48 billion during the quarter, compared to the consensus estimate of $2.44 billion. During the same period in the previous year, the firm posted $3.39 earnings per share. The firm’s revenue for the quarter was up 42.4% on a year-over-year basis. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. Research analysts anticipate that Synopsys, Inc. will post 10.64 earnings per share for the current year.

Wall Street Analysts Forecast Growth

SNPS has been the subject of several research reports. Benchmark reiterated a “buy” rating and issued a $570.00 target price on shares of Synopsys in a research report on Thursday. UBS Group set a $570.00 price target on Synopsys in a research report on Thursday. Berenberg Bank set a $633.00 price target on Synopsys in a research note on Wednesday, May 27th. Robert W. Baird upgraded Synopsys from a “neutral” rating to an “outperform” rating and upped their price objective for the stock from $558.00 to $560.00 in a report on Thursday. Finally, Needham & Company LLC reiterated a “buy” rating and set a $580.00 price objective on shares of Synopsys in a research report on Thursday. Twelve research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Synopsys has a consensus rating of “Moderate Buy” and an average price target of $561.28.

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.