Synopsys, Inc. $SNPS Stock: NFSG Corp Lowers Holdings

NFSG Corp cut its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 85.5% during the third quarter, Holdings Channel.com reports. The institutional investor owned 684 shares of the semiconductor company’s stock after selling 4,043 shares during the quarter. NFSG Corp’s holdings in Synopsys were worth $297,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. AGH Wealth Advisors LLC increased its position in shares of Synopsys by 4.4% in the 1st quarter. AGH Wealth Advisors LLC now owns 569 shares of the semiconductor company’s stock valued at $226,000 after acquiring an additional 24 shares during the period. Elevation Wealth Partners LLC lifted its position in Synopsys by 96.4% during the 2nd quarter. Elevation Wealth Partners LLC now owns 55 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 27 shares during the period. Bar Harbor Wealth Management lifted its position in Synopsys by 0.7% during the 1st quarter. Bar Harbor Wealth Management now owns 4,181 shares of the semiconductor company’s stock worth $1,658,000 after acquiring an additional 31 shares during the period. Oak Grove Capital LLC grew its stake in Synopsys by 1.1% during the 3rd quarter. Oak Grove Capital LLC now owns 2,898 shares of the semiconductor company’s stock valued at $1,260,000 after purchasing an additional 32 shares during the last quarter. Finally, Personal CFO Solutions LLC grew its stake in Synopsys by 1.4% during the 1st quarter. Personal CFO Solutions LLC now owns 2,682 shares of the semiconductor company’s stock valued at $1,063,000 after purchasing an additional 36 shares during the last quarter. 85.47% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Synopsys news, CFO Sudhindra Kankanwadi sold 9,170 shares of Synopsys stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $500.00, for a total transaction of $4,585,000.00. Following the completion of the transaction, the chief financial officer owned 22,717 shares in the company, valued at approximately $11,358,500. This trade represents a 28.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Aart de Geus sold 25,000 shares of the business’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $441.76, for a total value of $11,044,000.00. Following the completion of the transaction, the insider directly owned 120,421 shares of the company’s stock, valued at approximately $53,197,180.96. This trade represents a 17.19% 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. Over the last 90 days, insiders have sold 117,163 shares of company stock worth $51,366,457. Corporate insiders own 0.56% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on SNPS shares. Rosenblatt Securities increased their price objective on Synopsys from $575.00 to $620.00 and gave the company a “buy” rating in a report on Thursday, October 1st. Barclays started coverage on Synopsys in a research note on Friday, September 25th. They issued an “overweight” rating for the company. Piper Sandler raised Synopsys from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $450.00 to $550.00 in a report on Tuesday, June 23rd. Mizuho dropped their target price on Synopsys from $600.00 to $550.00 and set an “outperform” rating on the stock in a research report on Thursday, August 27th. Finally, Rothschild & Co Redburn cut their price target on shares of Synopsys from $560.00 to $550.00 and set a “buy” rating on the stock in a report on Wednesday, September 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Synopsys currently has an average rating of “Moderate Buy” and an average target price of $571.78.

Synopsys Stock Performance

Shares of Synopsys stock traded down $13.48 during trading on Friday, hitting $454.63. 2,515,910 shares of the company’s stock were exchanged, compared to its average volume of 2,657,122. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.24 and a current ratio of 1.34. The business has a 50-day simple moving average of $427.56 and a 200-day simple moving average of $441.51. Synopsys, Inc. has a 52-week low of $362.55 and a 52-week high of $539.48. The stock has a market capitalization of $87.13 billion, a price-to-earnings ratio of 80.32, a PEG ratio of 1.91 and a beta of 1.21.

Synopsys (NASDAQ:SNPS) last posted its earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.67 by $0.24. Synopsys had a net margin of 11.43% and a return on equity of 6.24%. The company had revenue of $2.48 billion during the quarter, compared to the consensus estimate of $2.44 billion. During the same period in the previous year, the firm posted $3.39 earnings per share. The firm’s quarterly revenue was up 42.4% on a year-over-year basis. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. On average, research analysts forecast that Synopsys, Inc. will post 10.97 EPS for the current year.

Synopsys declared that its Board of Directors has initiated a share buyback plan on Monday, October 5th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the semiconductor company to repurchase up to 1.1% of its shares through open market purchases. Share repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

About Synopsys

Synopsys, Inc is a technology company that develops electronic design automation (EDA) software, semiconductor intellectual property (IP), and software tools used to design, verify, and manufacture advanced electronic systems. Its solutions support the development of semiconductors, systems-on-chip, and electronic products across the design cycle, from initial specification and architecture through testing and production.

The company’s offerings include digital and custom integrated-circuit design tools, simulation and verification software, physical design and signoff products, and semiconductor IP such as processor cores, interface technologies, and foundational components.