Persistent Asset Partners Ltd Purchases Shares of 1,298 Synopsys, Inc. $SNPS

Persistent Asset Partners Ltd acquired a new position in Synopsys, Inc. (NASDAQ:SNPS) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 1,298 shares of the semiconductor company’s stock, valued at approximately $640,000.

Several other institutional investors and hedge funds have also bought and sold shares of SNPS. Alpine Bank Wealth Management boosted its stake in shares of Synopsys by 89.3% during the third quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares during the period. TFC Financial Management Inc. raised its holdings in Synopsys by 1,250.0% during the 3rd quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 50 shares during the last quarter. Millstone Evans Group LLC purchased a new stake in Synopsys during the 3rd quarter valued at $27,000. SOA Wealth Advisors LLC. bought a new stake in Synopsys in the 3rd quarter worth $28,000. Finally, McIlrath & Eck LLC purchased a new position in shares of Synopsys in the third quarter valued at about $29,000. 85.47% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Synopsys

In other Synopsys news, insider Janet Lee sold 250 shares of the firm’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $530.00, for a total transaction of $132,500.00. Following the completion of the sale, the insider directly owned 11,959 shares in the company, valued at approximately $6,338,270. This trade represents a 2.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Shelagh Glaser sold 3,657 shares of Synopsys stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $460.77, for a total transaction of $1,685,035.89. Following the completion of the transaction, the chief financial officer directly owned 17,842 shares of the company’s stock, valued at $8,221,058.34. This trade represents a 17.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 4,157 shares of company stock valued at $1,945,036 over the last 90 days. Corporate insiders own 0.62% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on SNPS shares. KeyCorp increased their target price on shares of Synopsys from $575.00 to $600.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th. Rosenblatt Securities reaffirmed a “buy” rating and set a $560.00 price target on shares of Synopsys in a research report on Friday. Citigroup initiated coverage on Synopsys in a research note on Monday, November 24th. They set a “buy” rating and a $580.00 target price on the stock. Morgan Stanley raised their price target on Synopsys from $510.00 to $550.00 and gave the stock an “overweight” rating in a research note on Friday, December 12th. Finally, Bank of America raised shares of Synopsys from an “underperform” rating to a “neutral” rating and reduced their price objective for the company from $525.00 to $500.00 in a research report on Monday, December 8th. Nine investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Synopsys currently has an average rating of “Moderate Buy” and a consensus price target of $553.57.

Synopsys Trading Up 0.0%

NASDAQ:SNPS opened at $442.44 on Friday. The company’s 50-day simple moving average is $474.32 and its 200 day simple moving average is $485.28. Synopsys, Inc. has a one year low of $365.74 and a one year high of $651.73. The firm has a market capitalization of $84.65 billion, a P/E ratio of 55.37, a PEG ratio of 3.68 and a beta of 1.12. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.62 and a quick ratio of 1.52.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings results on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share for the quarter, topping the consensus estimate of $2.79 by $0.11. The company had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.25 billion. Synopsys had a return on equity of 7.89% and a net margin of 18.89%.The firm’s quarterly revenue was up 37.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.40 EPS. Synopsys has set its FY 2026 guidance at 14.320-14.400 EPS and its Q1 2026 guidance at 3.520-3.580 EPS. As a group, analysts forecast that Synopsys, Inc. will post 10.64 EPS for the current fiscal year.

About Synopsys

Synopsys, Inc is a leading provider of electronic design automation (EDA) software and semiconductor intellectual property (IP) used to design, verify and manufacture integrated circuits and complex systems-on-chip (SoCs). Its product portfolio spans tools and technologies for front‑end design and synthesis, simulation and verification, physical implementation and signoff, and design-for-manufacturability, enabling chip designers to move from architecture through tape‑out.

In addition to core EDA offerings, Synopsys supplies a broad set of semiconductor IP building blocks — such as interface, memory and analog/mixed-signal cores — that customers integrate into SoCs to accelerate development.