Quantitative Investment Management LLC reduced its stake in Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 58.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,251 shares of the semiconductor company’s stock after selling 6,009 shares during the period. Quantitative Investment Management LLC’s holdings in Synopsys were worth $1,896,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Synopsys in the second quarter valued at approximately $747,400,000. Norges Bank acquired a new position in shares of Synopsys during the fourth quarter worth $730,197,000. Man Group plc purchased a new position in shares of Synopsys in the second quarter valued at $55,900,000. SBI Okasan Asset Management Co.Ltd. purchased a new position in shares of Synopsys in the fourth quarter valued at $1,699,000. Finally, Czech National Bank grew its holdings in Synopsys by 4.6% during the 2nd quarter. Czech National Bank now owns 54,526 shares of the semiconductor company’s stock valued at $24,322,000 after purchasing an additional 2,421 shares in the last quarter. Institutional investors and hedge funds own 85.47% of the company’s stock.
Insider Buying and Selling
In related news, CEO Sassine Ghazi sold 14,603 shares of Synopsys stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $458.96, for a total value of $6,702,192.88. Following the sale, the chief executive officer directly owned 75,020 shares in the company, valued at $34,431,179.20. This trade represents a 16.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 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, insider Geus Aart De sold 25,000 shares of the company’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $445.55, for a total transaction of $11,138,750.00. Following the completion of the transaction, the insider owned 120,421 shares of the company’s stock, valued at approximately $53,653,576.55. This trade represents a 17.19% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 42,997 shares of company stock valued at $19,368,311 in the last quarter. Company insiders own 0.56% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Report on SNPS
Synopsys Stock Down 0.7%
NASDAQ:SNPS opened at $439.59 on Tuesday. The company has a current ratio of 1.34, a quick ratio of 1.24 and a debt-to-equity ratio of 0.29. The stock has a 50 day moving average of $416.14 and a 200-day moving average of $440.15. The firm has a market capitalization of $84.24 billion, a PE ratio of 77.67, a price-to-earnings-growth ratio of 2.42 and a beta of 1.23. Synopsys, Inc. has a 52 week low of $366.00 and a 52 week high of $615.79.
Synopsys (NASDAQ:SNPS – Get Free Report) last issued its earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share for the quarter, topping the consensus estimate of $3.67 by $0.24. The firm had revenue of $2.48 billion for the quarter, compared to analyst estimates of $2.44 billion. Synopsys had a return on equity of 6.24% and a net margin of 11.43%.The firm’s revenue for the quarter was up 42.4% on a year-over-year basis. During the same period last year, the company earned $3.39 earnings per share. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. Analysts predict that Synopsys, Inc. will post 11.03 EPS for the current year.
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.
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