Waverton Investment Management Ltd Sells 20,600 Shares of Synopsys, Inc. $SNPS

Waverton Investment Management Ltd trimmed its position in Synopsys, Inc. (NASDAQ:SNPS) by 3.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 557,699 shares of the semiconductor company’s stock after selling 20,600 shares during the quarter. Synopsys makes up 3.5% of Waverton Investment Management Ltd’s portfolio, making the stock its 13th biggest position. Waverton Investment Management Ltd owned 0.30% of Synopsys worth $275,372,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in SNPS. Vanguard Group Inc. raised its stake in shares of Synopsys by 20.7% during the third quarter. Vanguard Group Inc. now owns 18,181,185 shares of the semiconductor company’s stock worth $8,970,415,000 after buying an additional 3,120,401 shares during the last quarter. Norges Bank bought a new stake in shares of Synopsys during the 2nd quarter valued at $647,964,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Synopsys by 321.3% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,301,228 shares of the semiconductor company’s stock valued at $642,013,000 after acquiring an additional 992,386 shares during the last quarter. Artisan Partners Limited Partnership lifted its stake in shares of Synopsys by 186.3% in the 3rd quarter. Artisan Partners Limited Partnership now owns 934,034 shares of the semiconductor company’s stock valued at $460,843,000 after purchasing an additional 607,743 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in shares of Synopsys by 29.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,598,874 shares of the semiconductor company’s stock worth $1,333,095,000 after purchasing an additional 585,494 shares during the last quarter. 85.47% of the stock is currently owned by institutional investors and hedge funds.

Synopsys Stock Down 2.8%

Shares of SNPS stock opened at $414.00 on Monday. Synopsys, Inc. has a 12-month low of $365.74 and a 12-month high of $651.73. The company has a quick ratio of 1.26, a current ratio of 1.36 and a debt-to-equity ratio of 0.33. The firm has a fifty day moving average of $471.21 and a 200-day moving average of $475.21. The company has a market capitalization of $79.31 billion, a price-to-earnings ratio of 64.29, a P/E/G ratio of 3.46 and a beta of 1.15.

Synopsys (NASDAQ:SNPS) last announced its earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, topping analysts’ consensus estimates of $3.56 by $0.21. The firm had revenue of $2.41 billion during the quarter, compared to analyst estimates of $2.39 billion. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The company’s revenue for the quarter was up 65.6% compared to the same quarter last year. During the same period in the prior year, the business earned $3.03 EPS. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. As a group, equities research analysts predict that Synopsys, Inc. will post 10.64 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have weighed in on SNPS. KeyCorp increased their target price on Synopsys from $575.00 to $600.00 and gave the company an “overweight” rating in a research note on Thursday, December 11th. JPMorgan Chase & Co. increased their price target on shares of Synopsys from $600.00 to $650.00 and gave the company an “overweight” rating in a research report on Thursday, December 11th. The Goldman Sachs Group set a $600.00 price objective on shares of Synopsys and gave the company a “buy” rating in a report on Wednesday. Piper Sandler reduced their price target on shares of Synopsys from $520.00 to $430.00 and set a “neutral” rating on the stock in a research report on Thursday. Finally, Citigroup assumed coverage on shares of Synopsys in a research report on Monday, November 24th. They issued a “buy” rating and a $580.00 price objective for the company. Eight investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $531.00.

Insider Activity at Synopsys

In other news, insider Janet Lee sold 250 shares of the business’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $530.00, for a total value of $132,500.00. Following the sale, the insider owned 11,959 shares of the company’s stock, valued at $6,338,270. The trade was a 2.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Shelagh Glaser sold 3,657 shares of the firm’s stock in a transaction on Friday, December 19th. The shares were 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 approximately $8,221,058.34. This trade represents a 17.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 4,157 shares of company stock worth $1,945,036 in the last 90 days. Company insiders own 0.56% of the company’s stock.

Synopsys Company Profile

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.