New Mexico Educational Retirement Board Boosts Stock Holdings in Synopsys, Inc. $SNPS

New Mexico Educational Retirement Board raised its stake in Synopsys, Inc. (NASDAQ:SNPS) by 16.4% during the third quarter, HoldingsChannel.com reports. The fund owned 8,326 shares of the semiconductor company’s stock after purchasing an additional 1,176 shares during the quarter. New Mexico Educational Retirement Board’s holdings in Synopsys were worth $4,108,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of SNPS. Alpine Bank Wealth Management grew its position in shares of Synopsys by 89.3% during the third quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares in the last quarter. TFC Financial Management Inc. increased its holdings in shares of Synopsys by 1,250.0% in the third quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 50 shares during the last quarter. Millstone Evans Group LLC purchased a new stake in shares of Synopsys in the third quarter worth about $27,000. SOA Wealth Advisors LLC. purchased a new stake in shares of Synopsys in the third quarter worth about $28,000. Finally, McIlrath & Eck LLC bought a new position in Synopsys during the third quarter valued at approximately $29,000. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Synopsys Trading Down 0.1%

Shares of SNPS stock opened at $428.67 on Thursday. The company has a market cap of $82.12 billion, a PE ratio of 66.56, a price-to-earnings-growth ratio of 3.50 and a beta of 1.15. Synopsys, Inc. has a 1 year low of $365.74 and a 1 year high of $651.73. The stock’s 50 day simple moving average is $457.15 and its two-hundred day simple moving average is $459.91. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.36 and a quick ratio of 1.26.

Synopsys (NASDAQ:SNPS) last announced its earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 EPS for the quarter, topping analysts’ consensus estimates of $3.56 by $0.21. The firm had revenue of $2.41 billion during the quarter, compared to analysts’ expectations of $2.39 billion. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.The company’s quarterly revenue was up 65.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.03 EPS. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. Research analysts predict that Synopsys, Inc. will post 10.64 earnings per share for the current year.

Insiders Place Their Bets

In other Synopsys news, insider Janet Lee sold 250 shares of Synopsys stock in a transaction on Monday, January 12th. The shares were sold at an average price of $530.00, for a total transaction of $132,500.00. Following the completion of the transaction, the insider directly owned 11,959 shares of the company’s stock, valued at $6,338,270. The trade was a 2.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Shelagh Glaser sold 3,657 shares of the business’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $460.77, for a total transaction of $1,685,035.89. Following the transaction, the chief financial officer owned 17,842 shares in the company, valued at $8,221,058.34. This trade represents a 17.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 4,157 shares of company stock valued at $1,945,036. 0.56% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have weighed in on SNPS. Weiss Ratings restated a “hold (c)” rating on shares of Synopsys in a report on Thursday, January 22nd. Needham & Company LLC reiterated a “buy” rating on shares of Synopsys in a research report on Thursday, February 26th. Morgan Stanley reissued an “equal weight” rating and issued a $480.00 target price (down from $550.00) on shares of Synopsys in a report on Wednesday, February 25th. KeyCorp boosted their price target on shares of Synopsys from $575.00 to $600.00 and gave the stock an “overweight” rating in a research report on Thursday, December 11th. Finally, Bank of America raised shares of Synopsys from an “underperform” rating to a “neutral” rating and decreased their price target for the company from $525.00 to $500.00 in a research note on Monday, December 8th. Eight equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Synopsys presently has an average rating of “Hold” and a consensus price target of $531.00.

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.