Synopsys, Inc. $SNPS Shares Acquired by Formuepleje A S

Formuepleje A S grew its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS) by 18.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,428 shares of the semiconductor company’s stock after buying an additional 1,136 shares during the period. Formuepleje A S’s holdings in Synopsys were worth $3,231,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Nvwm LLC lifted its holdings in shares of Synopsys by 3.1% during the third quarter. Nvwm LLC now owns 3,411 shares of the semiconductor company’s stock valued at $1,484,000 after purchasing an additional 104 shares during the last quarter. Fortitude Family Office LLC boosted its position in shares of Synopsys by 246.9% in the 3rd quarter. Fortitude Family Office LLC now owns 170 shares of the semiconductor company’s stock worth $74,000 after purchasing an additional 121 shares in the last quarter. First Citizens Bank & Trust Co. purchased a new stake in shares of Synopsys in the 3rd quarter worth approximately $1,254,000. Roberts Wealth Advisors LLC grew its stake in shares of Synopsys by 4.3% in the 3rd quarter. Roberts Wealth Advisors LLC now owns 5,169 shares of the semiconductor company’s stock worth $2,248,000 after buying an additional 214 shares during the last quarter. Finally, Q Fund Management Hong Kong Ltd purchased a new stake in shares of Synopsys in the 3rd quarter worth approximately $270,000. Institutional investors own 85.47% of the company’s stock.

Synopsys Stock Down 3.2%

Shares of SNPS traded down $15.14 on Thursday, hitting $464.79. 1,493,167 shares of the stock traded hands, compared to its average volume of 2,047,488. The company has a market capitalization of $89.07 billion, a PE ratio of 81.94, a P/E/G ratio of 2.02 and a beta of 1.21. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.24 and a current ratio of 1.34. The business has a 50 day simple moving average of $425.55 and a 200 day simple moving average of $440.80. Synopsys, Inc. has a one year low of $362.55 and a one year high of $539.48.

Synopsys (NASDAQ:SNPS) last announced its quarterly earnings data on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share for the quarter, topping analysts’ consensus estimates of $3.67 by $0.24. The company had revenue of $2.48 billion during the quarter, compared to analyst estimates of $2.44 billion. Synopsys had a net margin of 11.43% and a return on equity of 6.24%. The firm’s revenue for the quarter was up 42.4% on a year-over-year basis. During the same period in the previous year, the business earned $3.39 EPS. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. As a group, equities analysts forecast that Synopsys, Inc. will post 10.97 earnings per share for the current fiscal year.

Synopsys declared that its board has authorized a stock repurchase plan on Monday, October 5th that authorizes the company to repurchase $1.00 billion in shares. This buyback authorization authorizes the semiconductor company to repurchase up to 1.1% of its shares through open market purchases. Share buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In related news, insider Janet Lee sold 1,144 shares of Synopsys stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $502.52, for a total value of $574,882.88. Following the completion of the sale, the insider directly owned 16,534 shares in the company, valued at approximately $8,308,665.68. This trade represents a 6.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Aart de Geus sold 25,000 shares of the business’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $441.76, for a total value of $11,044,000.00. Following the completion of the transaction, the insider directly owned 120,421 shares of the company’s stock, valued at approximately $53,197,180.96. This trade represents a 17.19% 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. Insiders have sold 102,559 shares of company stock worth $44,607,141 over the last three months. Company insiders own 0.56% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on SNPS shares. Zacks Research raised Synopsys from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 2nd. Morgan Stanley dropped their target price on Synopsys from $525.00 to $500.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 19th. Sanford C. Bernstein assumed coverage on Synopsys in a research note on Friday, September 25th. They issued an “outperform” rating on the stock. Weiss Ratings downgraded Synopsys from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, September 11th. Finally, HSBC lowered Synopsys from a “buy” rating to a “reduce” rating in a research report on Friday, September 25th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $571.78.

Synopsys Company Profile

Synopsys, Inc is a technology company that develops electronic design automation (EDA) software, semiconductor intellectual property (IP), and software tools used to design, verify, and manufacture advanced electronic systems. Its solutions support the development of semiconductors, systems-on-chip, and electronic products across the design cycle, from initial specification and architecture through testing and production.

The company’s offerings include digital and custom integrated-circuit design tools, simulation and verification software, physical design and signoff products, and semiconductor IP such as processor cores, interface technologies, and foundational components.