Resona Asset Management Co. Ltd. decreased its position in shares of Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 8.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 57,208 shares of the semiconductor company’s stock after selling 5,177 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Synopsys were worth $26,968,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in Synopsys by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 18,464,862 shares of the semiconductor company’s stock valued at $8,673,315,000 after purchasing an additional 283,677 shares during the period. State Street Corp lifted its position in Synopsys by 20.6% during the third quarter. State Street Corp now owns 8,760,358 shares of the semiconductor company’s stock valued at $4,322,273,000 after purchasing an additional 1,493,912 shares during the period. Victory Capital Management Inc. lifted its position in Synopsys by 238.8% during the third quarter. Victory Capital Management Inc. now owns 2,824,349 shares of the semiconductor company’s stock valued at $1,393,506,000 after purchasing an additional 1,990,608 shares during the period. Capital Research Global Investors lifted its position in Synopsys by 226.6% during the third quarter. Capital Research Global Investors now owns 2,524,512 shares of the semiconductor company’s stock valued at $1,245,533,000 after purchasing an additional 1,751,432 shares during the period. Finally, Van ECK Associates Corp lifted its position in Synopsys by 15.3% during the third quarter. Van ECK Associates Corp now owns 2,216,908 shares of the semiconductor company’s stock valued at $1,093,800,000 after purchasing an additional 293,784 shares during the period. 85.47% of the stock is currently owned by institutional investors and hedge funds.
Synopsys Trading Down 0.9%
Shares of SNPS stock opened at $493.87 on Wednesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.36 and a quick ratio of 1.26. The company has a market cap of $94.61 billion, a price-to-earnings ratio of 76.69, a PEG ratio of 4.07 and a beta of 1.25. The stock has a 50 day simple moving average of $446.51 and a 200-day simple moving average of $449.82. Synopsys, Inc. has a 1-year low of $376.18 and a 1-year high of $651.73.
More Synopsys News
Here are the key news stories impacting Synopsys this week:
- Positive Sentiment: Analysts and market commentary point to Synopsys’ strong Q1 FY26 results, with revenue growth of about 65% year over year and higher non-GAAP EPS, as evidence that the business is still executing well and benefiting from AI-driven chip design demand and the Ansys acquisition. A Look At Synopsys (SNPS) Valuation After Strong Q1 FY26 Results And Ansys Acquisition
- Positive Sentiment: One market note argues Synopsys could move back above $600 over the next 12 months, citing the completed Ansys integration and continued demand for AI-related design tools as potential catalysts. Prediction: Synopsys Could Hit $600+ in 12 Months and Here’s Why
- Neutral Sentiment: Synopsys is projected to report earnings on Wednesday, keeping investors focused on whether management will confirm the recent growth trend and update guidance. Synopsys (SNPS) Projected to Post Earnings on Wednesday
- Neutral Sentiment: Several recent articles are centered on valuation comparisons and peer analysis, suggesting the stock may be reacting to debate over whether its premium multiple is justified after the rally. PRGS or SNPS: Which Is the Better Value Stock Right Now?
- Negative Sentiment: Some commentary says Synopsys below $500 may be too richly valued for its AI story, implying that investor enthusiasm could be limited by concerns that the stock already prices in a lot of future growth. Buy, Sell or Hold Synopsis Below $500?
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the company. Piper Sandler decreased their price target on Synopsys from $520.00 to $430.00 and set a “neutral” rating for the company in a report on Thursday, February 26th. HSBC downgraded Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price target for the company. in a report on Friday, February 20th. Wells Fargo & Company boosted their price target on Synopsys from $450.00 to $505.00 and gave the company an “equal weight” rating in a report on Thursday, May 14th. The Goldman Sachs Group set a $600.00 price target on Synopsys and gave the company a “buy” rating in a report on Wednesday, February 25th. Finally, Needham & Company LLC reiterated a “buy” rating on shares of Synopsys in a research report on Thursday, February 26th. Eight equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Synopsys currently has an average rating of “Hold” and a consensus price target of $536.00.
Get Our Latest Analysis 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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