Intech Investment Management LLC Sells 2,383 Shares of Synopsys, Inc. $SNPS

Intech Investment Management LLC trimmed its position in shares of Synopsys, Inc. (NASDAQ:SNPS) by 48.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,580 shares of the semiconductor company’s stock after selling 2,383 shares during the quarter. Intech Investment Management LLC’s holdings in Synopsys were worth $1,212,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Synopsys during the fourth quarter worth approximately $28,000. Oakworth Capital Inc. raised its holdings in Synopsys by 3,700.0% during the fourth quarter. Oakworth Capital Inc. now owns 76 shares of the semiconductor company’s stock worth $36,000 after buying an additional 74 shares during the last quarter. KERR FINANCIAL PLANNING Corp acquired a new position in Synopsys during the third quarter worth $38,000. N.E.W. Advisory Services LLC raised its holdings in Synopsys by 128.6% during the fourth quarter. N.E.W. Advisory Services LLC now owns 80 shares of the semiconductor company’s stock worth $38,000 after buying an additional 45 shares during the last quarter. Finally, WealthCollab LLC raised its holdings in Synopsys by 110.8% during the third quarter. WealthCollab LLC now owns 78 shares of the semiconductor company’s stock worth $38,000 after buying an additional 41 shares during the last quarter. 85.47% of the stock is owned by institutional investors and hedge funds.

Synopsys Stock Performance

NASDAQ SNPS opened at $464.85 on Friday. Synopsys, Inc. has a 1 year low of $376.18 and a 1 year high of $651.73. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.43 and a quick ratio of 1.32. The firm has a market cap of $89.01 billion, a price-to-earnings ratio of 107.60, a PEG ratio of 2.83 and a beta of 1.22. The company has a fifty day moving average price of $466.55 and a 200-day moving average price of $457.80.

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, topping the consensus estimate of $3.15 by $0.20. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The firm had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.25 billion. During the same quarter in the prior year, the business posted $3.67 EPS. The business’s revenue was up 41.9% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. As a group, equities research analysts predict that Synopsys, Inc. will post 10.74 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

SNPS has been the topic of several research reports. Morgan Stanley upped their price objective on shares of Synopsys from $480.00 to $525.00 and gave the stock an “equal weight” rating in a report on Thursday, May 28th. Needham & Company LLC restated a “buy” rating and set a $580.00 price objective on shares of Synopsys in a report on Thursday, May 28th. BNP Paribas Exane upped their price objective on shares of Synopsys from $425.00 to $450.00 and gave the stock an “underperform” rating in a report on Thursday, May 28th. The Goldman Sachs Group set a $600.00 price objective on shares of Synopsys and gave the stock a “buy” rating in a report on Wednesday, February 25th. Finally, Piper Sandler upped their price objective on shares of Synopsys from $430.00 to $450.00 and gave the stock a “neutral” rating in a report on Thursday, May 28th. Nine analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Synopsys has a consensus rating of “Hold” and an average price target of $563.81.

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.