Sequoia Financial Advisors LLC Purchases 1,651 Shares of Synopsys, Inc. $SNPS

Sequoia Financial Advisors LLC lifted its holdings in Synopsys, Inc. (NASDAQ:SNPS) by 15.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,489 shares of the semiconductor company’s stock after acquiring an additional 1,651 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Synopsys were worth $4,952,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of SNPS. Independence Bank of Kentucky increased its stake in shares of Synopsys by 31.6% in the first quarter. Independence Bank of Kentucky now owns 337 shares of the semiconductor company’s stock valued at $134,000 after buying an additional 81 shares in the last quarter. Stiles Financial Services Inc raised its holdings in shares of Synopsys by 2.8% in the first quarter. Stiles Financial Services Inc now owns 6,381 shares of the semiconductor company’s stock valued at $2,530,000 after buying an additional 171 shares during the last quarter. Hsbc Holdings PLC lifted its position in Synopsys by 6.3% during the 1st quarter. Hsbc Holdings PLC now owns 330,412 shares of the semiconductor company’s stock worth $130,982,000 after buying an additional 19,553 shares in the last quarter. Texas Bank & Trust Co grew its holdings in Synopsys by 22.2% during the 1st quarter. Texas Bank & Trust Co now owns 550 shares of the semiconductor company’s stock worth $218,000 after acquiring an additional 100 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. grew its holdings in Synopsys by 5.9% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 60,585 shares of the semiconductor company’s stock worth $23,866,000 after acquiring an additional 3,377 shares during the last quarter. 85.47% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

SNPS has been the subject of a number of research analyst reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $580.00 target price on shares of Synopsys in a research note on Thursday, May 28th. Piper Sandler raised shares of Synopsys from a “neutral” rating to an “overweight” rating and increased their price target for the company from $450.00 to $550.00 in a research note on Tuesday, June 23rd. Bank of America upped their price target on Synopsys from $515.00 to $600.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. BNP Paribas Exane raised their price target on Synopsys from $425.00 to $450.00 and gave the company an “underperform” rating in a report on Thursday, May 28th. Finally, Stifel Nicolaus lifted their price objective on Synopsys from $550.00 to $600.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Synopsys currently has an average rating of “Moderate Buy” and a consensus target price of $570.06.

Synopsys Price Performance

Shares of SNPS opened at $445.50 on Monday. The stock has a market cap of $85.30 billion, a P/E ratio of 103.12, a price-to-earnings-growth ratio of 2.62 and a beta of 1.22. Synopsys, Inc. has a 1 year low of $376.18 and a 1 year high of $651.73. The stock’s 50-day moving average price is $477.80 and its two-hundred day moving average price is $460.56. The company has a current ratio of 1.43, a quick ratio of 1.32 and a debt-to-equity ratio of 0.33.

Synopsys (NASDAQ:SNPS) last released its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share for the quarter, topping the consensus estimate of $3.15 by $0.20. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The business had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.25 billion. During the same quarter last year, the firm earned $3.67 EPS. Synopsys’s quarterly revenue was up 41.9% compared to the same quarter last year. 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 analysts predict that Synopsys, Inc. will post 10.65 earnings per share for the current year.

Insider Buying and Selling at Synopsys

In other Synopsys news, CEO Sassine Ghazi sold 14,603 shares of Synopsys stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $458.96, for a total transaction of $6,702,192.88. Following the transaction, the chief executive officer directly owned 75,020 shares in the company, valued at approximately $34,431,179.20. The trade was a 16.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Shelagh Glaser sold 3,394 shares of the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $450.02, for a total value of $1,527,367.88. Following the completion of the sale, the chief financial officer owned 14,358 shares of the company’s stock, valued at $6,461,387.16. This trade represents a 19.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.56% of the company’s stock.

About Synopsys

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.