Synopsys, Inc. $SNPS Stock Position Trimmed by Vontobel Holding Ltd.

Vontobel Holding Ltd. decreased its position in Synopsys, Inc. (NASDAQ:SNPS) by 40.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 409,684 shares of the semiconductor company’s stock after selling 283,841 shares during the quarter. Vontobel Holding Ltd.’s holdings in Synopsys were worth $178,188,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of SNPS. AGH Wealth Advisors LLC lifted its position in shares of Synopsys by 4.4% during the first quarter. AGH Wealth Advisors LLC now owns 569 shares of the semiconductor company’s stock worth $226,000 after purchasing an additional 24 shares in the last quarter. Elevation Wealth Partners LLC lifted its holdings in Synopsys by 96.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 55 shares of the semiconductor company’s stock worth $25,000 after buying an additional 27 shares in the last quarter. Bar Harbor Wealth Management lifted its holdings in Synopsys by 0.7% in the 1st quarter. Bar Harbor Wealth Management now owns 4,181 shares of the semiconductor company’s stock worth $1,658,000 after buying an additional 31 shares in the last quarter. Oak Grove Capital LLC boosted its position in Synopsys by 1.1% in the 3rd quarter. Oak Grove Capital LLC now owns 2,898 shares of the semiconductor company’s stock valued at $1,260,000 after buying an additional 32 shares during the last quarter. Finally, Personal CFO Solutions LLC boosted its position in Synopsys by 1.4% in the 1st quarter. Personal CFO Solutions LLC now owns 2,682 shares of the semiconductor company’s stock valued at $1,063,000 after buying an additional 36 shares during the last quarter. Institutional investors and hedge funds own 85.47% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on SNPS shares. KeyCorp raised their target price on Synopsys from $600.00 to $605.00 and gave the company an “overweight” rating in a research note on Thursday, October 1st. Roth Capital upgraded Synopsys to a “buy” rating in a research note on Friday, September 25th. Zacks Research raised Synopsys from a “hold” rating to a “strong-buy” rating in a report on Friday, October 2nd. Benchmark reissued a “buy” rating and issued a $570.00 price target on shares of Synopsys in a report on Thursday, August 27th. Finally, HSBC lowered Synopsys from a “buy” rating to a “reduce” rating in a research note on Friday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Synopsys currently has an average rating of “Moderate Buy” and a consensus price target of $571.78.

Synopsys Stock Down 2.9%

SNPS traded down $13.48 during trading on Friday, hitting $454.63. The company had a trading volume of 2,515,910 shares, compared to its average volume of 2,657,122. The company has a market cap of $87.13 billion, a PE ratio of 80.32, a P/E/G ratio of 1.91 and a beta of 1.21. The business has a 50-day moving average of $427.56 and a 200-day moving average of $441.51. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.34 and a quick ratio of 1.24. Synopsys, Inc. has a 1-year low of $362.55 and a 1-year high of $539.48.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings data on Wednesday, August 26th. The semiconductor company reported $3.91 EPS for the quarter, beating analysts’ consensus estimates of $3.67 by $0.24. The firm had revenue of $2.48 billion for the quarter, compared to the consensus estimate of $2.44 billion. Synopsys had a net margin of 11.43% and a return on equity of 6.24%. The firm’s revenue was up 42.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.39 EPS. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. As a group, analysts forecast that Synopsys, Inc. will post 10.97 earnings per share for the current year.

Synopsys declared that its board has approved a share repurchase program on Monday, October 5th that permits the company to buy back $1.00 billion in outstanding shares. This buyback authorization permits the semiconductor company to buy up to 1.1% of its stock through open market purchases. Share buyback programs are typically an indication that the company’s board of directors believes its stock is undervalued.

Insider Activity at Synopsys

In other news, CFO Sudhindra Kankanwadi sold 9,170 shares of the stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $500.00, for a total transaction of $4,585,000.00. Following the transaction, the chief financial officer owned 22,717 shares of the company’s stock, valued at approximately $11,358,500. This trade represents a 28.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Janet Lee sold 1,144 shares of the stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $502.52, for a total transaction of $574,882.88. Following the transaction, the insider directly owned 16,534 shares in the company, valued at $8,308,665.68. The trade was a 6.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 117,163 shares of company stock worth $51,366,457. Company insiders own 0.56% of the company’s stock.

About Synopsys

Synopsys, Inc is a technology company that develops electronic design automation (EDA) software, semiconductor intellectual property (IP), and software tools used to design, verify, and manufacture advanced electronic systems. Its solutions support the development of semiconductors, systems-on-chip, and electronic products across the design cycle, from initial specification and architecture through testing and production.

The company’s offerings include digital and custom integrated-circuit design tools, simulation and verification software, physical design and signoff products, and semiconductor IP such as processor cores, interface technologies, and foundational components.