Crossmark Global Holdings Inc. Buys 1,258 Shares of Synopsys, Inc. $SNPS

Crossmark Global Holdings Inc. lifted its position in Synopsys, Inc. (NASDAQ:SNPSFree Report) by 13.6% during the second quarter, HoldingsChannel reports. The institutional investor owned 10,508 shares of the semiconductor company’s stock after purchasing an additional 1,258 shares during the period. Crossmark Global Holdings Inc.’s holdings in Synopsys were worth $4,687,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Sankala Group LLC purchased a new position in Synopsys during the fourth quarter valued at approximately $25,000. Elevation Wealth Partners LLC lifted its stake in Synopsys by 96.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 55 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 27 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in Synopsys in the 4th quarter worth approximately $28,000. IMG Wealth Management Inc. bought a new position in Synopsys in the 1st quarter valued at $30,000. Finally, Atlas Capital Advisors Inc. bought a new position in Synopsys in the 4th quarter valued at $32,000. 85.47% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Zacks Research raised shares of Synopsys from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Morgan Stanley lifted their price objective on Synopsys from $480.00 to $525.00 and gave the company an “equal weight” rating in a research note on Thursday, May 28th. Benchmark began coverage on Synopsys in a research report on Wednesday, July 15th. They set a “buy” rating and a $570.00 target price for the company. Wells Fargo & Company decreased their target price on Synopsys from $535.00 to $450.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Finally, BNP Paribas Exane raised their price target on Synopsys from $425.00 to $450.00 and gave the company an “underperform” rating in a report on Thursday, May 28th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Synopsys presently has a consensus rating of “Moderate Buy” and an average target price of $565.06.

Check Out Our Latest Stock Report on SNPS

Synopsys Price Performance

Shares of NASDAQ:SNPS opened at $411.75 on Friday. The company’s fifty day moving average price is $426.49 and its 200-day moving average price is $443.50. The firm has a market capitalization of $78.84 billion, a price-to-earnings ratio of 95.31, a PEG ratio of 2.42 and a beta of 1.23. Synopsys, Inc. has a one year low of $366.00 and a one year high of $626.24. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.43 and a quick ratio of 1.32.

Synopsys (NASDAQ:SNPSGet Free Report) last posted its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.15 by $0.20. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The company had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.25 billion. During the same period in the previous year, the firm posted $3.67 EPS. The firm’s revenue was up 41.9% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. On average, equities research analysts anticipate that Synopsys, Inc. will post 10.65 earnings per share for the current fiscal year.

Insider Transactions at Synopsys

In related news, CFO Shelagh Glaser sold 3,394 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $450.02, for a total transaction of $1,527,367.88. Following the transaction, the chief financial officer directly owned 14,358 shares of the company’s stock, valued at approximately $6,461,387.16. This trade represents a 19.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,603 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $458.96, for a total value of $6,702,192.88. Following the completion of the sale, the chief executive officer owned 75,020 shares of the company’s stock, valued at $34,431,179.20. The trade was a 16.29% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 0.56% of the company’s stock.

More Synopsys News

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Synopsys Profile

(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.

See Also

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Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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