Synopsys, Inc. (NASDAQ:SNPS - Get Free Report) CFO Shelagh Glaser sold 3,394 shares of the business'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 sale, the chief financial officer directly owned 14,358 shares in the company, valued at $6,461,387.16. This trade represents a 19.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Synopsys Trading Up 0.1%
Shares of NASDAQ:SNPS opened at $454.38 on Tuesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.43 and a quick ratio of 1.32. The company's 50-day moving average price is $474.73 and its two-hundred day moving average price is $461.19. Synopsys, Inc. has a one year low of $376.18 and a one year high of $651.73. The stock has a market capitalization of $87.00 billion, a PE ratio of 105.18, a price-to-earnings-growth ratio of 2.67 and a beta of 1.22.
Synopsys (NASDAQ:SNPS - Get Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 EPS for the quarter, beating 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 firm had revenue of $2.28 billion during the quarter, compared to analysts' expectations of $2.25 billion. During the same quarter last year, the company posted $3.67 earnings per share. The company's revenue for the quarter 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 analysts forecast that Synopsys, Inc. will post 10.65 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in Synopsys by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 18,464,862 shares of the semiconductor company's stock valued at $8,673,315,000 after buying an additional 283,677 shares during the last quarter. State Street Corp grew its stake in Synopsys by 0.3% in the 4th quarter. State Street Corp now owns 8,788,890 shares of the semiconductor company's stock valued at $4,128,317,000 after buying an additional 28,532 shares during the last quarter. Morgan Stanley grew its stake in Synopsys by 2.5% in the 4th quarter. Morgan Stanley now owns 4,573,980 shares of the semiconductor company's stock valued at $2,148,491,000 after buying an additional 109,917 shares during the last quarter. Geode Capital Management LLC grew its stake in Synopsys by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 4,310,846 shares of the semiconductor company's stock valued at $2,017,256,000 after buying an additional 54,329 shares during the last quarter. Finally, Victory Capital Management Inc. grew its stake in Synopsys by 238.8% in the 3rd quarter. Victory Capital Management Inc. now owns 2,824,349 shares of the semiconductor company's stock valued at $1,393,506,000 after buying an additional 1,990,608 shares during the last quarter. Institutional investors and hedge funds own 85.47% of the company's stock.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on the stock. The Goldman Sachs Group set a $600.00 target price on shares of Synopsys and gave the company a "buy" rating in a report on Wednesday, February 25th. Wells Fargo & Company upped their target price on shares of Synopsys from $505.00 to $535.00 and gave the company an "equal weight" rating in a report on Thursday, May 28th. Morgan Stanley upped their target price on shares of Synopsys from $480.00 to $525.00 and gave the company an "equal weight" rating in a report on Thursday, May 28th. Bank of America upped their target price on shares of Synopsys from $515.00 to $600.00 and gave the company a "buy" rating in a report on Thursday, May 28th. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Synopsys in a report on Monday, June 8th. Nine research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Synopsys has a consensus rating of "Hold" and a consensus price target of $563.81.
View Our Latest Report on SNPS
Synopsys Company Profile
(
Get 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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