Synopsys, Inc. $SNPS Stock Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC reduced its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS) by 11.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 35,654 shares of the semiconductor company’s stock after selling 4,731 shares during the period. Nisa Investment Advisors LLC’s holdings in Synopsys were worth $15,507,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in SNPS. Elevation Wealth Partners LLC lifted its stake in shares of Synopsys by 96.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 55 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 27 shares during the period. Osbon Capital Management LLC bought a new stake in shares of Synopsys during the 2nd quarter valued at about $25,000. IMG Wealth Management Inc. acquired a new stake in Synopsys during the second quarter worth approximately $28,000. GK Wealth Management LLC acquired a new stake in Synopsys during the third quarter worth approximately $28,000. Finally, Geneos Wealth Management Inc. grew its stake in Synopsys by 151.5% during the first quarter. Geneos Wealth Management Inc. now owns 83 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 50 shares during the period. 85.47% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on SNPS shares. JPMorgan Chase & Co. lowered their target price on Synopsys from $650.00 to $600.00 in a report on Thursday, August 27th. UBS Group set a $570.00 price target on Synopsys in a report on Thursday, August 27th. KeyCorp increased their price target on Synopsys from $600.00 to $605.00 and gave the stock an “overweight” rating in a report on Thursday, October 1st. Barclays started coverage on shares of Synopsys in a research report on Friday, September 25th. They set an “overweight” rating for the company. Finally, Bank of America lifted their price objective on shares of Synopsys from $500.00 to $600.00 in a research note on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Synopsys currently has a consensus rating of “Moderate Buy” and a consensus price target of $575.00.

Insider Transactions at Synopsys

In other Synopsys news, insider Aart de Geus sold 24,641 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $419.44, for a total value of $10,335,421.04. Following the transaction, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,604 shares of the stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $462.84, for a total value of $6,759,315.36. Following the completion of the transaction, the chief executive officer owned 76,865 shares in the company, valued at approximately $35,576,196.60. The trade was a 15.97% 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. Over the last quarter, insiders sold 117,163 shares of company stock valued at $51,366,457. 0.56% of the stock is currently owned by corporate insiders.

Synopsys Trading Up 0.8%

SNPS opened at $451.19 on Thursday. The company has a fifty day moving average price of $429.93 and a two-hundred day moving average price of $443.08. Synopsys, Inc. has a 1-year low of $362.55 and a 1-year high of $539.48. The company has a market cap of $86.46 billion, a P/E ratio of 79.72, a price-to-earnings-growth ratio of 1.82 and a beta of 1.21. 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 (NASDAQ:SNPS) last released its quarterly earnings data on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.67 by $0.24. The company had revenue of $2.48 billion for the quarter, compared to analysts’ expectations of $2.44 billion. Synopsys had a net margin of 11.43% and a return on equity of 6.24%. The business’s revenue was up 42.4% on a year-over-year basis. During the same quarter in the prior year, the firm 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. Analysts predict that Synopsys, Inc. will post 11.00 EPS for the current fiscal year.

Synopsys announced that its board has approved a stock buyback plan on Monday, October 5th that permits the company to repurchase $1.00 billion in outstanding shares. This buyback authorization permits the semiconductor company to reacquire up to 1.1% of its shares through open market purchases. Stock buyback plans are typically an indication that the company’s management believes its shares are undervalued.

Synopsys Profile

Synopsys, Inc is an electronic design automation (EDA) and semiconductor intellectual property company serving the global semiconductor and electronics industries. Its software helps engineers design, verify, test and manufacture advanced integrated circuits and electronic systems.

The company’s products and services support digital and analog design, functional verification, design-for-test, manufacturing and semiconductor engineering workflows. Synopsys also provides reusable semiconductor IP, including processor cores, interface technologies, security solutions and other components used in system-on-chip designs.

In addition to its semiconductor design offerings, Synopsys provides software development and application security tools intended to help organizations identify and manage vulnerabilities and risks across the software development lifecycle.