ICICI Prudential Asset Management Co Ltd Cuts Stock Position in Synopsys, Inc. $SNPS

ICICI Prudential Asset Management Co Ltd lessened its position in shares of Synopsys, Inc. (NASDAQ:SNPS) by 77.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,841 shares of the semiconductor company’s stock after selling 9,503 shares during the quarter. ICICI Prudential Asset Management Co Ltd’s holdings in Synopsys were worth $1,402,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SNPS. Vanguard Group Inc. lifted its holdings in shares of Synopsys by 20.7% during the 3rd quarter. Vanguard Group Inc. now owns 18,181,185 shares of the semiconductor company’s stock valued at $8,970,415,000 after purchasing an additional 3,120,401 shares during the last quarter. Norges Bank acquired a new position in Synopsys during the 2nd quarter valued at about $647,964,000. Ameriprise Financial Inc. raised its stake in Synopsys by 29.1% in the second quarter. Ameriprise Financial Inc. now owns 2,598,874 shares of the semiconductor company’s stock valued at $1,333,095,000 after buying an additional 585,494 shares during the last quarter. M&G PLC boosted its holdings in Synopsys by 86,263.0% in the third quarter. M&G PLC now owns 567,405 shares of the semiconductor company’s stock worth $279,731,000 after acquiring an additional 566,748 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its holdings in Synopsys by 177.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 865,987 shares of the semiconductor company’s stock worth $427,269,000 after acquiring an additional 553,924 shares in the last quarter. 85.47% of the stock is currently owned by institutional investors and hedge funds.

Synopsys Price Performance

Shares of SNPS opened at $442.44 on Friday. The business’s 50-day moving average is $474.32 and its two-hundred day moving average is $485.28. The company has a market capitalization of $84.65 billion, a P/E ratio of 55.37, a P/E/G ratio of 3.68 and a beta of 1.12. Synopsys, Inc. has a fifty-two week low of $365.74 and a fifty-two week high of $651.73. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.52 and a current ratio of 1.62.

Synopsys (NASDAQ:SNPS) last issued its quarterly earnings data 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 business had revenue of $2.25 billion during the quarter, compared to analysts’ expectations of $2.25 billion. Synopsys had a return on equity of 7.89% and a net margin of 18.89%.The company’s revenue for the quarter was up 37.8% on a year-over-year basis. During the same quarter 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. Research analysts predict that Synopsys, Inc. will post 10.64 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Janet Lee sold 250 shares of Synopsys stock in a transaction that occurred 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 completion of the transaction, 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. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Shelagh Glaser sold 3,657 shares of the business’s stock in a transaction on Friday, December 19th. The shares were 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 of the company’s stock, valued at approximately $8,221,058.34. This represents a 17.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 4,157 shares of company stock worth $1,945,036 in the last ninety days. Corporate insiders own 0.62% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on SNPS shares. Rosenblatt Securities restated a “buy” rating and set a $560.00 price objective on shares of Synopsys in a report on Friday. Wall Street Zen raised shares of Synopsys from a “sell” rating to a “hold” rating in a research report on Saturday, December 13th. Citigroup assumed coverage on shares of Synopsys in a report on Monday, November 24th. They issued a “buy” rating and a $580.00 price target for the company. Zacks Research upgraded shares of Synopsys from a “strong sell” rating to a “hold” rating in a research note on Monday, November 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Synopsys in a report on Thursday, January 22nd. Nine equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Synopsys presently has an average rating of “Moderate Buy” and a consensus target price 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.