Teacher Retirement System of Texas Purchases 1,516 Shares of Synopsys, Inc. $SNPS

Teacher Retirement System of Texas grew its holdings in Synopsys, Inc. (NASDAQ:SNPS) by 5.6% in the third quarter, HoldingsChannel reports. The fund owned 28,605 shares of the semiconductor company’s stock after buying an additional 1,516 shares during the period. Teacher Retirement System of Texas’ holdings in Synopsys were worth $14,113,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Grandfield & Dodd LLC boosted its holdings in Synopsys by 1.8% in the 3rd quarter. Grandfield & Dodd LLC now owns 65,834 shares of the semiconductor company’s stock valued at $32,482,000 after purchasing an additional 1,142 shares during the period. UNIVEST FINANCIAL Corp raised its position in shares of Synopsys by 133.8% in the third quarter. UNIVEST FINANCIAL Corp now owns 19,311 shares of the semiconductor company’s stock valued at $9,528,000 after buying an additional 11,053 shares in the last quarter. Wendell David Associates Inc. boosted its stake in shares of Synopsys by 78.0% in the third quarter. Wendell David Associates Inc. now owns 2,638 shares of the semiconductor company’s stock valued at $1,302,000 after buying an additional 1,156 shares during the period. Millstone Evans Group LLC acquired a new stake in Synopsys during the third quarter worth approximately $27,000. Finally, Strs Ohio increased its stake in Synopsys by 15.5% during the 3rd quarter. Strs Ohio now owns 43,511 shares of the semiconductor company’s stock worth $21,468,000 after acquiring an additional 5,849 shares during the period. 85.47% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Synopsys news, insider Janet Lee sold 250 shares of the business’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $530.00, for a total transaction of $132,500.00. Following the sale, the insider owned 11,959 shares of the company’s stock, valued at approximately $6,338,270. The trade was a 2.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Shelagh Glaser sold 3,657 shares of the stock in a transaction on Friday, December 19th. The shares were sold at an average price of $460.77, for a total value of $1,685,035.89. Following the completion of the transaction, the chief financial officer owned 17,842 shares of the company’s stock, valued at $8,221,058.34. The trade was a 17.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 4,157 shares of company stock worth $1,945,036 in the last 90 days. Company insiders own 0.62% of the company’s stock.

Synopsys Stock Down 1.6%

Shares of NASDAQ SNPS opened at $501.39 on Friday. The company has a market cap of $95.93 billion, a price-to-earnings ratio of 62.75, a PEG ratio of 4.17 and a beta of 1.12. The company has a current ratio of 1.62, a quick ratio of 1.52 and a debt-to-equity ratio of 0.48. Synopsys, Inc. has a 12 month low of $365.74 and a 12 month high of $651.73. The stock has a 50-day moving average price of $466.97 and a two-hundred day moving average price of $503.94.

Synopsys (NASDAQ:SNPS) last announced its quarterly earnings results on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.79 by $0.11. The company had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.25 billion. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. The firm’s revenue was up 37.8% on a year-over-year basis. During the same period in the previous year, the firm posted $3.40 EPS. Synopsys has set its FY 2026 guidance at 14.320-14.400 EPS and its Q1 2026 guidance at 3.520-3.580 EPS. As a group, analysts forecast that Synopsys, Inc. will post 10.64 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Piper Sandler downgraded Synopsys from an “overweight” rating to a “neutral” rating and cut their target price for the company from $602.00 to $520.00 in a research report on Tuesday, January 13th. Morgan Stanley upped their price objective on shares of Synopsys from $510.00 to $550.00 and gave the stock an “overweight” rating in a research report on Friday, December 12th. Zacks Research upgraded shares of Synopsys from a “strong sell” rating to a “hold” rating in a research note on Monday, November 10th. Citigroup assumed coverage on shares of Synopsys in a research report on Monday, November 24th. They issued a “buy” rating and a $580.00 target price for the company. Finally, BNP Paribas Exane initiated coverage on shares of Synopsys in a report on Thursday, October 2nd. They set an “underperform” rating and a $425.00 price target for the company. Nine equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $553.57.

Synopsys Profile

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.