Sequoia Financial Advisors LLC Purchases 2,377 Shares of Synopsys, Inc. $SNPS

Sequoia Financial Advisors LLC grew its holdings in Synopsys, Inc. (NASDAQ:SNPSFree Report) by 19.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 14,866 shares of the semiconductor company’s stock after purchasing an additional 2,377 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Synopsys were worth $6,631,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Crossmark Global Holdings Inc. lifted its position in shares of Synopsys by 13.6% during the 2nd quarter. Crossmark Global Holdings Inc. now owns 10,508 shares of the semiconductor company’s stock worth $4,687,000 after purchasing an additional 1,258 shares during the last quarter. Riversedge Advisors LLC acquired a new stake in Synopsys in the 2nd quarter valued at approximately $298,000. Union Bancaire Privee UBP SA grew its holdings in Synopsys by 28.4% in the 2nd quarter. Union Bancaire Privee UBP SA now owns 23,105 shares of the semiconductor company’s stock valued at $9,656,000 after buying an additional 5,115 shares during the last quarter. Aaron Wealth Advisors LLC increased its position in Synopsys by 3.5% in the 2nd quarter. Aaron Wealth Advisors LLC now owns 1,556 shares of the semiconductor company’s stock worth $694,000 after buying an additional 53 shares during the period. Finally, MBL Wealth LLC bought a new stake in shares of Synopsys in the second quarter valued at approximately $277,000. 85.47% of the stock is currently owned by institutional investors.

Synopsys News Roundup

Here are the key news stories impacting Synopsys this week:

Synopsys Stock Down 0.1%

Shares of SNPS stock opened at $411.75 on Friday. Synopsys, Inc. has a one year low of $366.00 and a one year high of $626.24. 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 stock has a fifty day moving average price of $426.49 and a 200 day moving average price of $443.50. The stock has a market cap of $78.84 billion, a P/E ratio of 95.31, a price-to-earnings-growth ratio of 2.42 and a beta of 1.23.

Synopsys (NASDAQ:SNPSGet Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analyst estimates of $2.25 billion. During the same quarter in the previous year, the firm posted $3.67 EPS. The business’s revenue for the quarter was up 41.9% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. Analysts predict that Synopsys, Inc. will post 10.65 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have weighed in on SNPS. Weiss Ratings reissued a “hold (c-)” rating on shares of Synopsys in a report on Monday, June 8th. Bank of America boosted their price objective on shares of Synopsys from $515.00 to $600.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. KeyCorp reaffirmed an “overweight” rating on shares of Synopsys in a research report on Thursday, May 28th. Zacks Research upgraded shares of Synopsys from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Finally, Morgan Stanley lifted their target price on Synopsys from $480.00 to $525.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 28th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Synopsys currently has an average rating of “Moderate Buy” and a consensus price target of $565.06.

Get Our Latest Research Report on Synopsys

Insider Activity

In related news, CEO Sassine Ghazi sold 14,603 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $458.96, for a total value of $6,702,192.88. Following the completion of the transaction, the chief executive officer owned 75,020 shares of the company’s stock, valued at $34,431,179.20. This represents a 16.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 dated Friday, June 12th. The stock was sold at an average price of $450.02, for a total transaction of $1,527,367.88. Following the transaction, the chief financial officer owned 14,358 shares of the company’s stock, valued at approximately $6,461,387.16. This represents a 19.12% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.56% of the stock is currently owned by insiders.

Synopsys Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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