Arizona State Retirement System Increases Stock Position in Synopsys, Inc. $SNPS

Arizona State Retirement System lifted its holdings in Synopsys, Inc. (NASDAQ:SNPS) by 20.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,144 shares of the semiconductor company’s stock after buying an additional 9,018 shares during the quarter. Arizona State Retirement System’s holdings in Synopsys were worth $26,714,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of SNPS. Valley Wealth Managers Inc. boosted its stake in Synopsys by 17.0% during the third quarter. Valley Wealth Managers Inc. now owns 3,420 shares of the semiconductor company’s stock worth $1,687,000 after acquiring an additional 497 shares in the last quarter. Tandem Investment Advisors Inc. purchased a new position in shares of Synopsys during the third quarter valued at approximately $2,932,000. Capital Investment Services of America Inc. boosted its position in shares of Synopsys by 285.8% in the 3rd quarter. Capital Investment Services of America Inc. now owns 31,321 shares of the semiconductor company’s stock worth $15,453,000 after purchasing an additional 23,202 shares in the last quarter. Foundations Investment Advisors LLC grew its stake in shares of Synopsys by 2.0% in the 3rd quarter. Foundations Investment Advisors LLC now owns 1,399 shares of the semiconductor company’s stock worth $690,000 after buying an additional 27 shares during the last quarter. Finally, Strategic Advisors LLC increased its position in Synopsys by 76.3% during the 3rd quarter. Strategic Advisors LLC now owns 7,578 shares of the semiconductor company’s stock valued at $3,739,000 after buying an additional 3,279 shares in the last quarter. 85.47% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CFO Shelagh Glaser sold 3,657 shares of Synopsys stock in a transaction on Friday, December 19th. The stock was sold at an average price of $460.77, for a total value of $1,685,035.89. Following the completion of the sale, 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Janet Lee sold 250 shares of the company’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $530.00, for a total value of $132,500.00. Following the sale, the insider owned 11,959 shares of the company’s stock, valued at approximately $6,338,270. This trade represents a 2.05% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 4,157 shares of company stock worth $1,945,036. Company insiders own 0.62% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on SNPS. Bank of America raised Synopsys from an “underperform” rating to a “neutral” rating and dropped their target price for the stock from $525.00 to $500.00 in a report on Monday, December 8th. Morgan Stanley upped their price target on shares of Synopsys from $510.00 to $550.00 and gave the stock an “overweight” rating in a research note on Friday, December 12th. Wells Fargo & Company raised their price objective on shares of Synopsys from $445.00 to $500.00 and gave the company an “equal weight” rating in a research note on Thursday, December 11th. KeyCorp lifted their target price on shares of Synopsys from $575.00 to $600.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th. Finally, Needham & Company LLC increased their price target on shares of Synopsys from $550.00 to $580.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Nine investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $553.57.

Synopsys Stock Performance

Shares of NASDAQ SNPS opened at $465.11 on Friday. The firm’s 50-day moving average price is $477.53 and its 200-day moving average price is $502.08. Synopsys, Inc. has a 52-week low of $365.74 and a 52-week high of $651.73. The company has a market cap of $88.98 billion, a PE ratio of 58.21, a PEG ratio of 4.00 and a beta of 1.12. The company has a quick ratio of 1.52, a current ratio of 1.62 and a debt-to-equity ratio of 0.48.

Synopsys (NASDAQ:SNPS) last issued its quarterly earnings data on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share for the quarter, beating analysts’ consensus estimates of $2.79 by $0.11. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. The company had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.25 billion. During the same quarter in the prior year, the firm earned $3.40 earnings per share. The firm’s revenue for the quarter was up 37.8% compared to the same quarter last year. 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 anticipate that Synopsys, Inc. will post 10.64 EPS for the current year.

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.