Synopsys, Inc. $SNPS Stock: Robeco Schweiz AG Grows Stake

Robeco Schweiz AG increased its holdings in Synopsys, Inc. (NASDAQ:SNPS) by 40.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 36,800 shares of the semiconductor company’s stock after acquiring an additional 10,600 shares during the quarter. Robeco Schweiz AG’s holdings in Synopsys were worth $16,006,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Synopsys during the second quarter valued at approximately $747,400,000. Man Group plc bought a new position in Synopsys in the second quarter worth approximately $55,900,000. Nykredit A S bought a new position in Synopsys in the second quarter worth approximately $23,158,000. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust lifted its holdings in Synopsys by 21.3% during the third quarter. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust now owns 31,144 shares of the semiconductor company’s stock worth $13,546,000 after buying an additional 5,476 shares during the period. Finally, Bank of America Corp DE purchased a new stake in Synopsys during the second quarter worth $539,986,000. 85.47% of the stock is currently owned by institutional investors.

Insider Activity at Synopsys

In related news, CEO Sassine Ghazi sold 14,604 shares of the firm’s stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $462.84, for a total value of $6,759,315.36. Following the completion of the transaction, the chief executive officer owned 76,865 shares in the company, valued at $35,576,196.60. This trade represents a 15.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Janet Lee sold 1,144 shares of the firm’s stock in a transaction on Tuesday, October 6th. The stock was sold at an average price of $502.52, for a total value of $574,882.88. Following the completion of the transaction, the insider owned 16,534 shares of the company’s stock, valued at $8,308,665.68. This trade represents a 6.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 117,163 shares of company stock valued at $51,366,457 over the last three months. 0.56% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

SNPS has been the topic of several recent research reports. Rothschild & Co Redburn dropped their target price on Synopsys from $560.00 to $550.00 and set a “buy” rating on the stock in a research report on Wednesday, September 23rd. BNP Paribas Exane lifted their price target on Synopsys from $420.00 to $475.00 and gave the company a “neutral” rating in a report on Thursday, October 1st. Sanford C. Bernstein began coverage on Synopsys in a research report on Friday, September 25th. They issued an “outperform” rating for the company. JPMorgan Chase & Co. reduced their price target on Synopsys from $650.00 to $600.00 in a research report on Thursday, August 27th. Finally, KeyCorp upped their price objective on Synopsys from $600.00 to $605.00 and gave the stock an “overweight” rating in a research note on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Synopsys has a consensus rating of “Moderate Buy” and an average target price of $575.00.

Synopsys Stock Up 1.8%

NASDAQ:SNPS opened at $430.14 on Friday. The company has a current ratio of 1.34, a quick ratio of 1.24 and a debt-to-equity ratio of 0.29. Synopsys, Inc. has a twelve month low of $362.55 and a twelve month high of $539.48. The company has a market cap of $82.43 billion, a PE ratio of 76.00, a P/E/G ratio of 1.75 and a beta of 1.21. The company’s 50 day moving average is $430.32 and its two-hundred day moving average is $443.18.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.67 by $0.24. The business had revenue of $2.48 billion during the quarter, compared to analysts’ expectations of $2.44 billion. Synopsys had a net margin of 11.43% and a return on equity of 6.24%. The business’s quarterly revenue was up 42.4% on a year-over-year basis. During the same quarter last year, the company posted $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 anticipate that Synopsys, Inc. will post 11.01 EPS for the current year.

Synopsys declared that its Board of Directors has authorized a share repurchase plan on Monday, October 5th that permits the company to buy back $1.00 billion in shares. This repurchase authorization permits the semiconductor company to purchase up to 1.1% of its shares through open market purchases. Share repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

Synopsys 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.