Dockside LLC Purchases New Holdings in Synopsys, Inc. $SNPS

Dockside LLC purchased a new stake in Synopsys, Inc. (NASDAQ:SNPSFree Report) during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 8,106 shares of the semiconductor company’s stock, valued at approximately $3,808,000. Synopsys makes up approximately 1.0% of Dockside LLC’s holdings, making the stock its 24th biggest holding.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Synopsys in the 4th quarter valued at about $28,000. Caitong International Asset Management Co. Ltd acquired a new stake in Synopsys in the 4th quarter valued at about $28,000. Atlas Capital Advisors Inc. acquired a new stake in Synopsys in the 4th quarter valued at about $32,000. Oakworth Capital Inc. raised its holdings in Synopsys by 3,700.0% in the 4th quarter. Oakworth Capital Inc. now owns 76 shares of the semiconductor company’s stock valued at $36,000 after acquiring an additional 74 shares during the last quarter. Finally, Greenline Wealth Management LLC acquired a new stake in Synopsys in the 4th quarter valued at about $37,000. 85.47% of the stock is owned by hedge funds and other institutional investors.

Synopsys Stock Down 0.5%

Shares of NASDAQ SNPS opened at $453.89 on Friday. The company has a 50 day simple moving average of $473.57 and a 200-day simple moving average of $460.43. The company has a market capitalization of $86.91 billion, a P/E ratio of 105.07, a P/E/G ratio of 2.67 and a beta of 1.22. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.43 and a quick ratio of 1.32. Synopsys, Inc. has a 1 year low of $376.18 and a 1 year high of $651.73.

Synopsys (NASDAQ:SNPSGet Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.15 by $0.20. The business had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.25 billion. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The business’s revenue was up 41.9% compared to the same quarter last year. During the same quarter last year, the firm earned $3.67 EPS. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. On average, equities research analysts predict that Synopsys, Inc. will post 10.65 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have commented on SNPS shares. The Goldman Sachs Group set a $600.00 price objective on shares of Synopsys and gave the company a “buy” rating in a report on Wednesday, February 25th. Piper Sandler increased their price objective on shares of Synopsys from $430.00 to $450.00 and gave the company a “neutral” rating in a report on Thursday, May 28th. BNP Paribas Exane increased their price objective on shares of Synopsys from $425.00 to $450.00 and gave the company an “underperform” rating in a report on Thursday, May 28th. Citigroup increased their price objective on shares of Synopsys from $600.00 to $610.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, Robert W. Baird set a $558.00 price objective on shares of Synopsys in a report on Thursday, May 28th. Nine investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $563.81.

Read Our Latest Research Report on SNPS

About Synopsys

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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