8,655 Shares in Synopsys, Inc. $SNPS Bought by Davis Selected Advisers

Davis Selected Advisers bought a new position in shares of Synopsys, Inc. (NASDAQ:SNPS) during the 3rd quarter, Holdings Channel.com reports. The firm bought 8,655 shares of the semiconductor company’s stock, valued at approximately $4,270,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Alpine Bank Wealth Management boosted its stake in shares of Synopsys by 89.3% during the 3rd quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 25 shares in the last quarter. TFC Financial Management Inc. raised its stake in shares of Synopsys by 1,250.0% in the 3rd quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 50 shares in the last quarter. Millstone Evans Group LLC bought a new position in shares of Synopsys in the 3rd quarter valued at approximately $27,000. SOA Wealth Advisors LLC. acquired a new stake in Synopsys in the 3rd quarter worth approximately $28,000. Finally, McIlrath & Eck LLC acquired a new stake in Synopsys in the 3rd quarter worth approximately $29,000. Institutional investors and hedge funds own 85.47% of the company’s stock.

Insider Activity

In related news, insider Janet Lee sold 250 shares of Synopsys stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $530.00, for a total transaction of $132,500.00. Following the sale, the insider directly owned 11,959 shares of the company’s stock, valued at $6,338,270. This trade represents a 2.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Shelagh Glaser sold 3,657 shares of the business’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $460.77, for a total value of $1,685,035.89. Following the transaction, the chief financial officer owned 17,842 shares in the company, valued at $8,221,058.34. This represents a 17.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 4,157 shares of company stock worth $1,945,036. Insiders own 0.56% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Needham & Company LLC reiterated a “buy” rating on shares of Synopsys in a report on Thursday, February 26th. Bank of America upgraded shares of Synopsys from an “underperform” rating to a “neutral” rating and reduced their price objective for the stock from $525.00 to $500.00 in a research note on Monday, December 8th. Rosenblatt Securities lowered their target price on shares of Synopsys from $560.00 to $530.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of Synopsys in a report on Thursday, January 22nd. Finally, HSBC lowered shares of Synopsys from a “buy” rating to a “hold” rating and set a $455.00 target price for the company. in a research report on Friday, February 20th. Eight investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $531.00.

Synopsys Stock Down 0.1%

SNPS opened at $428.67 on Thursday. The business has a 50 day moving average of $457.15 and a 200-day moving average of $459.91. The stock has a market capitalization of $82.12 billion, a price-to-earnings ratio of 66.56, a P/E/G ratio of 3.50 and a beta of 1.15. The company has a current ratio of 1.36, a quick ratio of 1.26 and a debt-to-equity ratio of 0.33. Synopsys, Inc. has a 1-year low of $365.74 and a 1-year high of $651.73.

Synopsys (NASDAQ:SNPS) last announced its earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.56 by $0.21. The business had revenue of $2.41 billion for 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%. Synopsys’s revenue was up 65.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.03 earnings per share. 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, sell-side analysts anticipate that Synopsys, Inc. will post 10.64 earnings per share for the current 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.