Synopsys, Inc. $SNPS Shares Sold by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. decreased its position in shares of Synopsys, Inc. (NASDAQ:SNPSFree 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.

Synopsys (NASDAQ:SNPSGet Free Report) last announced its earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, topping the consensus estimate of $3.56 by $0.21. The business had revenue of $2.41 billion during the quarter, compared to the consensus estimate of $2.39 billion. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.The business’s quarterly revenue was up 65.6% on a year-over-year basis. During the same period in the prior year, the company posted $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. On average, equities research analysts expect that Synopsys, Inc. will post 10.3 EPS for the current fiscal year.

More Synopsys News

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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

(Free Report)

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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Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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