Synopsys, Inc. $SNPS Stock: One Way Holdings LLC Lowers Holdings

One Way Holdings LLC decreased its position in Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 98.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 820 shares of the semiconductor company’s stock after selling 65,467 shares during the quarter. One Way Holdings LLC’s holdings in Synopsys were worth $357,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Elevation Wealth Partners LLC grew its stake in Synopsys by 96.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 55 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 27 shares during the last quarter. Osbon Capital Management LLC bought a new position in Synopsys in the 2nd quarter worth $25,000. IMG Wealth Management Inc. acquired a new position in Synopsys during the 2nd quarter worth $28,000. GK Wealth Management LLC acquired a new position in Synopsys during the 3rd quarter worth $28,000. Finally, Geneos Wealth Management Inc. lifted its position in Synopsys by 151.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 83 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 50 shares during the last quarter. 85.47% of the stock is currently owned by institutional investors and hedge funds.

Synopsys Stock Down 0.3%

SNPS stock opened at $466.08 on Tuesday. Synopsys, Inc. has a twelve month low of $362.55 and a twelve month high of $539.48. The company has a quick ratio of 1.24, a current ratio of 1.34 and a debt-to-equity ratio of 0.29. The company has a market cap of $89.32 billion, a PE ratio of 48.97, a price-to-earnings-growth ratio of 1.96 and a beta of 1.21. The business’s 50-day simple moving average is $438.84 and its 200 day simple moving average is $443.39.

Synopsys (NASDAQ:SNPS – Get Free Report) last released its quarterly earnings data on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.67 by $0.24. Synopsys had a return on equity of 6.24% and a net margin of 11.43%. The business had revenue of $2.48 billion for the quarter, compared to analysts’ expectations of $2.44 billion. During the same period in the previous year, the business posted $3.39 earnings per share. Synopsys’s quarterly 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. On average, research analysts anticipate that Synopsys, Inc. will post 11.01 earnings per share for the current year.

Synopsys declared that its board has initiated a stock repurchase program on Monday, October 5th that authorizes the company to repurchase $1 billion in shares. This buyback authorization authorizes the semiconductor company to purchase up to 1.1% of its shares through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling at Synopsys

In other news, CEO Sassine Ghazi sold 14,604 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $374.88, for a total value of $5,474,747.52. Following the sale, the chief executive officer directly owned 76,865 shares in the company, valued at approximately $28,815,151.20. This represents a 15.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through 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 stock in a transaction that occurred 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 directly owned 16,534 shares of the company’s stock, valued at approximately $8,308,665.68. The trade was a 6.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 117,163 shares of company stock worth $51,366,457 in the last three months. 0.56% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on SNPS shares. BNP Paribas Exane raised their price target on Synopsys from $420.00 to $475.00 and gave the company a “neutral” rating in a research report on Thursday, October 1st. Weiss Ratings lowered Synopsys from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, September 11th. Wells Fargo & Company boosted their price objective on Synopsys from $475.00 to $540.00 and gave the stock an “overweight” rating in a research report on Thursday, October 1st. Rothschild & Co Redburn decreased their target price on Synopsys from $560.00 to $550.00 and set a “buy” rating for the company in a research note on Wednesday, September 23rd. Finally, Mizuho decreased their target price on Synopsys from $600.00 to $550.00 and set an “outperform” rating for the company in a research note on Thursday, August 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Synopsys has an average rating of “Moderate Buy” and an average price target of $575.00.

View Our Latest Stock Report on Synopsys

Synopsys Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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