10,446 Shares in Synopsys, Inc. $SNPS Acquired by First Trust Bank Ltd.

First Trust Bank Ltd. purchased a new position in shares of Synopsys, Inc. (NASDAQ:SNPS) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 10,446 shares of the semiconductor company’s stock, valued at approximately $4,659,647,000. Synopsys makes up 9.4% of First Trust Bank Ltd.’s portfolio, making the stock its 5th biggest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in shares of Synopsys during the second quarter worth approximately $7,228,099,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Synopsys in the 2nd quarter valued at $747,400,000. Norges Bank purchased a new stake in Synopsys in the 4th quarter valued at $730,197,000. Bank of New York Mellon Corp acquired a new stake in Synopsys during the 2nd quarter worth $692,074,000. Finally, State Street Corp boosted its stake in Synopsys by 20.6% during the 3rd quarter. State Street Corp now owns 8,760,358 shares of the semiconductor company’s stock worth $4,322,273,000 after purchasing an additional 1,493,912 shares during the period. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Analyst Ratings Changes

SNPS has been the topic of a number of recent research reports. BNP Paribas Exane lifted their price objective on shares of Synopsys from $425.00 to $450.00 and gave the company an “underperform” rating in a research note on Thursday, May 28th. Robert W. Baird set a $558.00 target price on shares of Synopsys in a research note on Thursday, May 28th. Weiss Ratings reissued a “hold (c-)” rating on shares of Synopsys in a report on Monday, June 8th. Rosenblatt Securities boosted their price target on Synopsys from $530.00 to $575.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Finally, Zacks Research raised Synopsys from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $563.59.

Insider Activity at Synopsys

In other news, CFO Shelagh Glaser sold 3,394 shares of the stock in a transaction that occurred on 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 completion of the transaction, the chief financial officer directly owned 14,358 shares of the company’s stock, valued at approximately $6,461,387.16. This represents a 19.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,603 shares of the 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 transaction, the chief executive officer directly owned 75,020 shares of the company’s stock, valued at approximately $34,431,179.20. This trade represents a 16.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. Insiders own 0.56% of the company’s stock.

Synopsys Stock Down 0.0%

SNPS stock opened at $397.87 on Friday. The stock has a market capitalization of $76.18 billion, a PE ratio of 92.10, a price-to-earnings-growth ratio of 2.34 and a beta of 1.23. The company has a fifty day moving average of $419.73 and a 200-day moving average of $440.22. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.32 and a current ratio of 1.43. Synopsys, Inc. has a one year low of $366.00 and a one year high of $615.79.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.15 by $0.20. The firm had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.25 billion. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The firm’s revenue for the quarter was up 41.9% on a year-over-year basis. During the same period in the prior year, the company posted $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. As a group, analysts expect that Synopsys, Inc. will post 10.65 EPS for the current year.

Synopsys Profile

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.