Vise Technologies Inc. Takes $1.37 Million Position in Synopsys, Inc. $SNPS

Vise Technologies Inc. acquired a new stake in Synopsys, Inc. (NASDAQ:SNPS) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 2,667 shares of the semiconductor company’s stock, valued at approximately $1,367,000.

Several other hedge funds also recently modified their holdings of the company. Brighton Jones LLC boosted its position in Synopsys by 5.7% in the 4th quarter. Brighton Jones LLC now owns 921 shares of the semiconductor company’s stock valued at $447,000 after buying an additional 50 shares during the last quarter. Stephens Inc. AR lifted its holdings in shares of Synopsys by 23.4% during the 1st quarter. Stephens Inc. AR now owns 2,053 shares of the semiconductor company’s stock valued at $880,000 after purchasing an additional 389 shares in the last quarter. Edgestream Partners L.P. acquired a new stake in shares of Synopsys during the first quarter worth $4,759,000. Apollon Wealth Management LLC grew its holdings in shares of Synopsys by 12.3% during the first quarter. Apollon Wealth Management LLC now owns 4,486 shares of the semiconductor company’s stock worth $1,924,000 after buying an additional 492 shares in the last quarter. Finally, Dakota Wealth Management raised its holdings in shares of Synopsys by 7.5% in the first quarter. Dakota Wealth Management now owns 961 shares of the semiconductor company’s stock valued at $412,000 after purchasing an additional 67 shares during the last quarter. Institutional investors and hedge funds own 85.47% of the company’s stock.

Synopsys Price Performance

Shares of NASDAQ:SNPS opened at $398.19 on Thursday. Synopsys, Inc. has a fifty-two week low of $365.74 and a fifty-two week high of $651.73. The company’s 50-day moving average is $463.30 and its 200 day moving average is $514.08. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.51 and a current ratio of 1.62. The company has a market capitalization of $73.96 billion, a P/E ratio of 31.16, a price-to-earnings-growth ratio of 5.02 and a beta of 1.10.

Synopsys (NASDAQ:SNPS) last posted its earnings results on Tuesday, September 9th. The semiconductor company reported $2.30 earnings per share for the quarter, missing analysts’ consensus estimates of $3.75 by ($1.45). The company had revenue of $1.74 billion for the quarter, compared to analysts’ expectations of $1.77 billion. Synopsys had a net margin of 31.04% and a return on equity of 10.82%. The firm’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.43 EPS. Synopsys has set its FY 2025 guidance at 12.760-12.800 EPS. Q4 2025 guidance at 2.760-2.80 EPS. On average, equities research analysts forecast that Synopsys, Inc. will post 10.64 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on SNPS shares. Robert W. Baird reaffirmed a “neutral” rating and issued a $535.00 target price (down from $670.00) on shares of Synopsys in a report on Wednesday, September 10th. JPMorgan Chase & Co. cut their price objective on shares of Synopsys from $685.00 to $600.00 and set an “overweight” rating for the company in a report on Wednesday, September 10th. BNP Paribas assumed coverage on Synopsys in a report on Thursday, October 2nd. They set an “underperform” rating and a $425.00 target price on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Synopsys in a report on Wednesday, October 8th. Finally, The Goldman Sachs Group lowered their price target on shares of Synopsys from $700.00 to $600.00 and set a “buy” rating for the company in a report on Wednesday, September 10th. Nine analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $562.14.

Insider Buying and Selling

In related news, CEO Sassine Ghazi sold 11,366 shares of the business’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $589.01, for a total transaction of $6,694,687.66. Following the transaction, the chief executive officer owned 71,615 shares in the company, valued at $42,181,951.15. The trade was a 13.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Sudhindra Kankanwadi sold 9,873 shares of the firm’s stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $500.90, for a total transaction of $4,945,385.70. Following the completion of the sale, the chief accounting officer directly owned 20,520 shares of the company’s stock, valued at approximately $10,278,468. This represents a 32.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 30,894 shares of company stock worth $16,760,783. 0.62% of the stock is owned by company insiders.

Synopsys Company Profile

Synopsys, Inc provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions.