Synopsys, Inc. $SNPS Stock: Capstone Capital Management Ltd Boosts Position

Capstone Capital Management Ltd grew its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS) by 17.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,911 shares of the semiconductor company’s stock after purchasing an additional 2,560 shares during the period. Synopsys comprises about 2.9% of Capstone Capital Management Ltd’s portfolio, making the stock its 3rd biggest position. Capstone Capital Management Ltd’s holdings in Synopsys were worth $7,355,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of SNPS. AGH Wealth Advisors LLC increased its position in shares of Synopsys by 4.4% in the 1st quarter. AGH Wealth Advisors LLC now owns 569 shares of the semiconductor company’s stock valued at $226,000 after purchasing an additional 24 shares during the last quarter. Elevation Wealth Partners LLC grew its holdings in shares of Synopsys by 96.4% during the second quarter. Elevation Wealth Partners LLC now owns 55 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 27 shares during the last quarter. Bar Harbor Wealth Management grew its stake in Synopsys by 0.7% during 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 during the last quarter. Oak Grove Capital LLC lifted its stake in Synopsys by 1.1% in the third 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, Kintegral Advisory LLC grew its position in shares of Synopsys by 0.6% during the third quarter. Kintegral Advisory LLC now owns 5,812 shares of the semiconductor company’s stock worth $2,528,000 after acquiring an additional 32 shares during the last quarter. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Insider Buying and Selling

In other Synopsys news, CFO Sudhindra Kankanwadi sold 9,170 shares of the stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $500.00, for a total value of $4,585,000.00. Following the completion of the sale, the chief financial officer owned 22,717 shares of the company’s stock, valued at $11,358,500. This trade represents a 28.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Janet Lee sold 1,144 shares of the stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $502.52, for a total value of $574,882.88. Following the completion of the transaction, the insider directly owned 16,534 shares of the company’s stock, valued at $8,308,665.68. This represents a 6.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 117,163 shares of company stock valued at $51,366,457. Insiders own 0.56% of the company’s stock.

Synopsys Trading Down 1.5%

Shares of Synopsys stock opened at $447.62 on Wednesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.34 and a quick ratio of 1.24. The company has a market capitalization of $85.78 billion, a P/E ratio of 79.08, a P/E/G ratio of 1.85 and a beta of 1.21. Synopsys, Inc. has a 1 year low of $362.55 and a 1 year high of $539.48. The business has a 50 day moving average price of $429.16 and a 200 day moving average price of $442.69.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 EPS for the quarter, beating the consensus estimate of $3.67 by $0.24. Synopsys had a return on equity of 6.24% and a net margin of 11.43%. The company had revenue of $2.48 billion during the quarter, compared to analysts’ expectations of $2.44 billion. During the same quarter in the previous year, the business earned $3.39 EPS. The firm’s revenue was up 42.4% on a year-over-year basis. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. Sell-side analysts anticipate that Synopsys, Inc. will post 10.97 EPS for the current fiscal year.

Synopsys declared that its Board of Directors has authorized a stock buyback plan on Monday, October 5th that permits the company to repurchase $1.00 billion in outstanding shares. This buyback authorization permits the semiconductor company to repurchase up to 1.1% of its shares through open market purchases. Share buyback plans are typically an indication that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Sanford C. Bernstein assumed coverage on shares of Synopsys in a research report on Friday, September 25th. They set an “outperform” rating on the stock. UBS Group set a $570.00 target price on Synopsys in a report on Thursday, August 27th. KeyCorp lifted their target price on shares of Synopsys from $600.00 to $605.00 and gave the company an “overweight” rating in a report on Thursday, October 1st. BNP Paribas Exane increased their target price on Synopsys from $420.00 to $475.00 and gave the stock a “neutral” rating in a research note on Thursday, October 1st. Finally, Needham & Company LLC raised their target price on Synopsys from $580.00 to $620.00 and gave the company a “buy” rating in a report on Monday, October 12th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Synopsys presently has a consensus rating of “Moderate Buy” and a consensus price target of $575.00.

Synopsys Company Profile

Synopsys, Inc is an electronic design automation (EDA) and semiconductor intellectual property company serving the global semiconductor and electronics industries. Its software helps engineers design, verify, test and manufacture advanced integrated circuits and electronic systems.

The company’s products and services support digital and analog design, functional verification, design-for-test, manufacturing and semiconductor engineering workflows. Synopsys also provides reusable semiconductor IP, including processor cores, interface technologies, security solutions and other components used in system-on-chip designs.

In addition to its semiconductor design offerings, Synopsys provides software development and application security tools intended to help organizations identify and manage vulnerabilities and risks across the software development lifecycle.