Synopsys, Inc. $SNPS Shares Acquired by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA boosted its position in Synopsys, Inc. (NASDAQ:SNPSFree Report) by 28.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,105 shares of the semiconductor company’s stock after buying an additional 5,115 shares during the quarter. Union Bancaire Privee UBP SA’s holdings in Synopsys were worth $9,656,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Aaron Wealth Advisors LLC lifted its holdings in Synopsys by 3.5% during the 2nd quarter. Aaron Wealth Advisors LLC now owns 1,556 shares of the semiconductor company’s stock worth $694,000 after buying an additional 53 shares during the last quarter. MBL Wealth LLC acquired a new position in shares of Synopsys in the 2nd quarter worth approximately $277,000. Bar Harbor Wealth Management increased its holdings in shares of Synopsys by 3.4% in the 2nd quarter. Bar Harbor Wealth Management now owns 4,324 shares of the semiconductor company’s stock valued at $1,929,000 after acquiring an additional 143 shares during the last quarter. Waddell & Associates LLC bought a new stake in shares of Synopsys in the 2nd quarter valued at approximately $813,000. Finally, Independent Financial Group LLC raised its position in shares of Synopsys by 4.8% during the 2nd quarter. Independent Financial Group LLC now owns 800 shares of the semiconductor company’s stock valued at $357,000 after acquiring an additional 37 shares in the last quarter. Institutional investors and hedge funds own 85.47% of the company’s stock.

Insider Transactions at Synopsys

In related news, CFO Shelagh Glaser sold 3,394 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $450.02, for a total value of $1,527,367.88. Following the sale, the chief financial officer owned 14,358 shares of the company’s stock, valued at $6,461,387.16. This trade represents a 19.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,603 shares of Synopsys stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $458.96, for a total transaction of $6,702,192.88. Following the completion of the sale, the chief executive officer owned 75,020 shares in the company, valued at approximately $34,431,179.20. This represents a 16.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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. 0.56% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms have commented on SNPS. Stifel Nicolaus lifted their price objective on shares of Synopsys from $550.00 to $600.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Weiss Ratings reissued a “hold (c-)” rating on shares of Synopsys in a report on Monday, June 8th. Rosenblatt Securities raised their price target on shares of Synopsys from $530.00 to $575.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Benchmark began coverage on shares of Synopsys in a report on Wednesday, July 15th. They issued a “buy” rating and a $570.00 price target for the company. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $580.00 price objective on shares of Synopsys in a research report on Thursday, May 28th. Two research 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 given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $565.06.

Get Our Latest Research Report on Synopsys

More Synopsys News

Here are the key news stories impacting Synopsys this week:

Synopsys Trading Down 0.1%

NASDAQ:SNPS opened at $411.75 on Friday. The firm has a market capitalization of $78.84 billion, a P/E ratio of 95.31, a P/E/G ratio of 2.42 and a beta of 1.23. The business has a 50 day simple moving average of $426.49 and a 200 day simple moving average of $443.50. 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, Inc. has a 12-month low of $366.00 and a 12-month high of $626.24.

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

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.

Read More

Want to see what other hedge funds are holding SNPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Synopsys, Inc. (NASDAQ:SNPSFree Report).

Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

Receive News & Ratings for Synopsys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Synopsys and related companies with MarketBeat.com's FREE daily email newsletter.