Knollwood Investment Advisory LLC reduced its position in Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 38.0% in the third quarter, Holdings Channel.com reports. The firm owned 8,881 shares of the semiconductor company’s stock after selling 5,450 shares during the quarter. Knollwood Investment Advisory LLC’s holdings in Synopsys were worth $4,382,000 at the end of the most recent reporting period.
Several other institutional investors have also recently modified their holdings of SNPS. Alpine Bank Wealth Management lifted its position in Synopsys by 89.3% in the 3rd quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock worth $26,000 after buying an additional 25 shares during the last quarter. TFC Financial Management Inc. boosted its stake in Synopsys by 1,250.0% in the third quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company’s stock worth $27,000 after buying an additional 50 shares in the last quarter. Millstone Evans Group LLC bought a new position in Synopsys during the third quarter valued at approximately $27,000. SOA Wealth Advisors LLC. bought a new position in Synopsys during the third quarter valued at approximately $28,000. Finally, McIlrath & Eck LLC purchased a new position in shares of Synopsys during the third quarter worth approximately $29,000. 85.47% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other news, CFO Shelagh Glaser sold 3,657 shares of the stock in a transaction dated 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 sale, the chief financial officer directly owned 17,842 shares in the company, valued at approximately $8,221,058.34. This represents a 17.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Janet Lee sold 250 shares of the firm’s stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $530.00, for a total value of $132,500.00. Following the completion of the sale, the insider directly owned 11,959 shares in the company, valued at $6,338,270. The trade was a 2.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 4,157 shares of company stock worth $1,945,036. Insiders own 0.56% of the company’s stock.
Synopsys Stock Performance
Synopsys (NASDAQ:SNPS – Get Free Report) last issued its earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 EPS for the quarter, topping the consensus estimate of $3.56 by $0.21. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The company had revenue of $2.41 billion for the quarter, compared to the consensus estimate of $2.39 billion. During the same period in the previous year, the firm earned $3.03 earnings per share. The firm’s revenue for the quarter was up 65.6% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. Equities research analysts predict that Synopsys, Inc. will post 10.64 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on SNPS. Wells Fargo & Company lowered their price objective on shares of Synopsys from $500.00 to $450.00 and set an “equal weight” rating for the company in a report on Thursday, February 26th. KeyCorp increased their target price on shares of Synopsys from $575.00 to $600.00 and gave the company an “overweight” rating in a report on Thursday, December 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Synopsys in a research report on Thursday, January 22nd. The Goldman Sachs Group set a $600.00 price target on shares of Synopsys and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Finally, JPMorgan Chase & Co. raised their price objective on Synopsys from $600.00 to $650.00 and gave the company an “overweight” rating in a research note on Thursday, December 11th. Eight equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Synopsys presently has a consensus rating of “Hold” and an average price target of $531.00.
Read Our Latest Stock Report on SNPS
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.
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