Westover Capital Advisors LLC Lowers Position in Synopsys, Inc. $SNPS

Westover Capital Advisors LLC lessened its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS) by 47.8% in the third quarter, HoldingsChannel.com reports. The fund owned 1,303 shares of the semiconductor company’s stock after selling 1,194 shares during the period. Westover Capital Advisors LLC’s holdings in Synopsys were worth $643,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of SNPS. Allegheny Financial Group purchased a new position in Synopsys in the 3rd quarter worth approximately $8,249,000. Caprock Group LLC bought a new stake in shares of Synopsys during the 3rd quarter worth $1,262,000. ING Groep NV grew its position in Synopsys by 377.1% in the third quarter. ING Groep NV now owns 11,235 shares of the semiconductor company’s stock worth $5,543,000 after acquiring an additional 8,880 shares in the last quarter. Rhumbline Advisers increased its stake in Synopsys by 16.8% in the third quarter. Rhumbline Advisers now owns 343,590 shares of the semiconductor company’s stock valued at $169,524,000 after acquiring an additional 49,339 shares during the last quarter. Finally, Impax Asset Management Group plc raised its position in Synopsys by 0.6% during the third quarter. Impax Asset Management Group plc now owns 621,909 shares of the semiconductor company’s stock valued at $305,510,000 after purchasing an additional 3,494 shares in the last quarter. 85.47% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CFO Shelagh Glaser sold 3,657 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $460.77, for a total transaction of $1,685,035.89. Following the completion of the transaction, the chief financial officer owned 17,842 shares in the company, valued at $8,221,058.34. This represents a 17.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Janet Lee sold 250 shares of the firm’s stock in a transaction on Monday, January 12th. The stock was sold at an average price of $530.00, for a total value of $132,500.00. Following the completion of the sale, the insider directly owned 11,959 shares of the company’s stock, valued at $6,338,270. The trade was a 2.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 4,157 shares of company stock valued at $1,945,036 in the last ninety days. 0.62% of the stock is currently owned by corporate insiders.

Synopsys Trading Up 0.2%

NASDAQ:SNPS opened at $438.21 on Thursday. The firm has a market capitalization of $83.84 billion, a P/E ratio of 54.84, a P/E/G ratio of 3.64 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. The company has a fifty day moving average of $478.54 and a 200 day moving average of $492.32. Synopsys, Inc. has a 52 week low of $365.74 and a 52 week high of $651.73.

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on SNPS shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Synopsys in a research report on Thursday, January 22nd. Wells Fargo & Company increased their price target on shares of Synopsys from $445.00 to $500.00 and gave the company an “equal weight” rating in a research report on Thursday, December 11th. KeyCorp lifted their price target on shares of Synopsys from $575.00 to $600.00 and gave the stock an “overweight” rating in a research note on Thursday, December 11th. JPMorgan Chase & Co. upped their price objective on shares of Synopsys from $600.00 to $650.00 and gave the company an “overweight” rating in a research note on Thursday, December 11th. Finally, Wall Street Zen raised shares of Synopsys from a “sell” rating to a “hold” rating in a report on Saturday, December 13th. Nine investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock 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.