HighTower Advisors LLC Has $53.24 Million Stake in Synopsys, Inc. $SNPS

HighTower Advisors LLC reduced its holdings in Synopsys, Inc. (NASDAQ:SNPSFree Report) by 7.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 119,361 shares of the semiconductor company’s stock after selling 9,657 shares during the quarter. HighTower Advisors LLC’s holdings in Synopsys were worth $53,243,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Ameritas Advisory Services LLC increased its stake in Synopsys by 399.3% during the 2nd quarter. Ameritas Advisory Services LLC now owns 3,011 shares of the semiconductor company’s stock worth $1,343,000 after purchasing an additional 2,408 shares in the last quarter. Wedmont Private Capital lifted its stake in Synopsys by 6.1% in the second quarter. Wedmont Private Capital now owns 3,194 shares of the semiconductor company’s stock valued at $1,423,000 after buying an additional 185 shares in the last quarter. HB Wealth Management LLC boosted its holdings in shares of Synopsys by 14.9% in the second quarter. HB Wealth Management LLC now owns 8,351 shares of the semiconductor company’s stock valued at $3,725,000 after buying an additional 1,081 shares during the period. Saudi Central Bank boosted its holdings in shares of Synopsys by 80.4% in the second quarter. Saudi Central Bank now owns 12,739 shares of the semiconductor company’s stock valued at $5,682,000 after buying an additional 5,677 shares during the period. Finally, Angeles Wealth Management LLC increased its position in shares of Synopsys by 11.9% during the second quarter. Angeles Wealth Management LLC now owns 830 shares of the semiconductor company’s stock worth $370,000 after acquiring an additional 88 shares in the last quarter. Institutional investors and hedge funds own 85.47% of the company’s stock.

Synopsys Price Performance

Synopsys stock opened at $393.84 on Tuesday. The company has a current ratio of 1.34, a quick ratio of 1.24 and a debt-to-equity ratio of 0.29. Synopsys, Inc. has a 1-year low of $366.00 and a 1-year high of $615.79. The company has a fifty day simple moving average of $411.20 and a 200 day simple moving average of $439.29. The company has a market cap of $75.48 billion, a P/E ratio of 69.58, a price-to-earnings-growth ratio of 2.16 and a beta of 1.23.

Synopsys (NASDAQ:SNPSGet Free Report) last issued its quarterly earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 EPS 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 firm had revenue of $2.48 billion for the quarter, compared to analysts’ expectations of $2.44 billion. During the same period in the previous year, the firm posted $3.39 EPS. The company’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 10.97 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Aart de Geus sold 24,641 shares of the company’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $419.44, for a total transaction of $10,335,421.04. Following the sale, the insider owned 120,443 shares in the company, valued at approximately $50,518,611.92. This represents a 16.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,603 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 75,020 shares of the company’s stock, valued at $34,431,179.20. This trade represents a 16.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. Over the last quarter, insiders have sold 92,638 shares of company stock worth $40,747,732. Corporate insiders own 0.56% of the company’s stock.

Analyst Upgrades and Downgrades

SNPS has been the topic of a number of research analyst reports. Benchmark restated a “buy” rating and set a $570.00 price objective on shares of Synopsys in a report on Thursday, August 27th. Weiss Ratings upgraded Synopsys from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, August 27th. Mizuho dropped their price target on Synopsys from $600.00 to $550.00 and set an “outperform” rating on the stock in a research note on Thursday, August 27th. UBS Group set a $570.00 price target on Synopsys in a report on Thursday, August 27th. Finally, Berenberg Bank set a $633.00 price objective on Synopsys in a research report on Wednesday, May 27th. Twelve analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Synopsys has an average rating of “Moderate Buy” and an average target price of $561.28.

Get Our Latest Stock Analysis on Synopsys

Synopsys Company 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.

See Also

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Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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