1,923 Synopsys, Inc. $SNPS Shares Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its stake in Synopsys, Inc. (NASDAQ:SNPS) by 35.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,295 shares of the semiconductor company’s stock after acquiring an additional 1,923 shares during the quarter. Kestra Advisory Services LLC’s holdings in Synopsys were worth $3,173,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Capital Investment Services of America Inc. boosted its stake in shares of Synopsys by 6.0% during the third quarter. Capital Investment Services of America Inc. now owns 33,810 shares of the semiconductor company’s stock valued at $14,705,000 after acquiring an additional 1,903 shares during the last quarter. Chicago Partners Investment Group LLC raised its stake in Synopsys by 18.1% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 4,564 shares of the semiconductor company’s stock valued at $1,963,000 after purchasing an additional 699 shares during the last quarter. Rakuten Investment Management Inc. raised its stake in Synopsys by 10.6% in the 3rd quarter. Rakuten Investment Management Inc. now owns 50,451 shares of the semiconductor company’s stock valued at $20,942,000 after purchasing an additional 4,855 shares during the last quarter. Provenance Wealth Advisors LLC lifted its holdings in Synopsys by 20,188.9% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 1,826 shares of the semiconductor company’s stock valued at $794,000 after purchasing an additional 1,817 shares in the last quarter. Finally, Associated Banc Corp purchased a new position in Synopsys in the 3rd quarter valued at about $263,000. 85.47% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Synopsys

In related news, insider Aart de Geus sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $441.76, for a total transaction of $11,044,000.00. Following the completion of the transaction, the insider owned 120,421 shares of the company’s stock, valued at approximately $53,197,180.96. This represents a 17.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,604 shares of the stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $374.88, for a total transaction of $5,474,747.52. Following the transaction, 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 117,163 shares of company stock worth $51,366,457. 0.56% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on SNPS shares. Morgan Stanley lifted their price target on shares of Synopsys from $500.00 to $574.00 and gave the stock an “overweight” rating in a report on Tuesday, October 20th. Sanford C. Bernstein assumed coverage on shares of Synopsys in a research note on Friday, September 25th. They set an “outperform” rating on the stock. Rothschild & Co Redburn reduced their price objective on shares of Synopsys from $560.00 to $550.00 and set a “buy” rating on the stock in a research note on Wednesday, September 23rd. Weiss Ratings lowered shares of Synopsys from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, September 11th. Finally, Mizuho lowered their target price on shares of 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 given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $575.00.

Synopsys Trading Down 1.6%

SNPS traded down $7.49 during midday trading on Friday, hitting $455.20. The company’s stock had a trading volume of 2,005,399 shares, compared to its average volume of 1,947,810. 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 firm has a market cap of $87.23 billion, a P/E ratio of 80.42, a PEG ratio of 1.47 and a beta of 1.18. The firm has a 50-day moving average price of $445.16 and a two-hundred day moving average price of $441.11. Synopsys, Inc. has a 52-week low of $362.55 and a 52-week 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. Synopsys had a net margin of 11.43% and a return on equity of 6.24%. The company had revenue of $2.48 billion during the quarter, compared to the consensus estimate of $2.44 billion. During the same quarter in the prior year, the company posted $3.39 EPS. The company’s quarterly revenue was up 42.4% compared to the same quarter last year. 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 of Directors has authorized a stock repurchase program on Monday, October 5th that permits the company to buy back $1 billion in shares. This repurchase authorization permits the semiconductor company to purchase up to 1.1% of its stock through open market purchases. Share repurchase programs are often an indication that the company’s board believes its shares are undervalued.

Top Synopsys Stories

These are some of the SNPS stories that stood out recently:

• Positive Sentiment: Synopsys agreed to provide electronic design automation tools for the European Chips Design Platform, which is intended to help startups and midsized firms develop chips for AI, high-performance computing and photonics. The partnership could broaden access to Synopsys’ software, though its financial impact was not specified. Synopsys Joins European Chips Design Platform
• Positive Sentiment: Coverage points to AI-powered chip design and verification, expanding EDA capabilities and the Ansys integration as potential growth drivers. A Seeking Alpha article also argues Synopsys could exceed growth estimates. Can AI-Driven EDA Accelerate Synopsys’ Next Growth Phase? Synopsys Looks Poised To Outperform Growth Estimates
• Negative Sentiment: ETFs were reported as net sellers of Synopsys shares, disposing of $10.1 million on Nov. 11—a potential source of near-term selling pressure. ETFs Are Net Sellers of Synopsys

Synopsys Profile

Synopsys, Inc. develops software, semiconductor intellectual property (IP) and services used to design and verify electronic systems. Its electronic design automation (EDA) tools help customers create, simulate, test and validate chips and other complex electronic products, while its IP portfolio provides reusable building blocks for semiconductor designs. The company also offers software security and quality tools that help developers identify vulnerabilities and assess applications throughout the software development process.