Key Points
- Synopsys CEO Sassine Ghazi sold 14,603 shares on June 15 at an average price of $458.96, totaling about $6.7 million. The sale was made under a pre-arranged 10b5-1 plan and was intended to cover tax withholding tied to equity awards.
- SNPS shares were down 1.3% and opened at $448.38, leaving the company with a market cap of about $85.9 billion. The stock remains well below its 52-week high of $651.73 but above its 52-week low of $376.18.
- Synopsys reported strong quarterly results, beating EPS and revenue estimates, and reiterated FY2026 guidance. Analyst sentiment is mixed, with a consensus rating of “Hold” and an average target price of $563.81.
Synopsys, Inc. (NASDAQ:SNPS - Get Free Report) CEO Sassine Ghazi sold 14,603 shares of the 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 of the company's stock, valued at approximately $34,431,179.20. The trade was a 16.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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.
Synopsys Stock Down 1.3%
SNPS stock opened at $448.38 on Wednesday. The company has a market cap of $85.86 billion, a price-to-earnings ratio of 103.79, a PEG ratio of 2.67 and a beta of 1.22. The company has a current ratio of 1.43, a quick ratio of 1.32 and a debt-to-equity ratio of 0.33. Synopsys, Inc. has a 12 month low of $376.18 and a 12 month high of $651.73. The firm has a 50-day moving average of $475.78 and a two-hundred day moving average of $461.46.
Synopsys (NASDAQ:SNPS - Get Free Report) last released its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $3.35 EPS for the quarter, beating analysts' consensus estimates of $3.15 by $0.20. The company had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.25 billion. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. Synopsys's quarterly revenue was up 41.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.67 EPS. 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 forecast that Synopsys, Inc. will post 10.65 earnings per share for the current fiscal year.
Synopsys News Roundup
Here are the key news stories impacting Synopsys this week:
Hedge Funds Weigh In On Synopsys
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sankala Group LLC purchased a new position in Synopsys in the 4th quarter valued at approximately $25,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Synopsys in the 4th quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd purchased a new position in Synopsys in the 4th quarter valued at approximately $28,000. IMG Wealth Management Inc. purchased a new position in Synopsys in the 1st quarter valued at approximately $30,000. Finally, Atlas Capital Advisors Inc. purchased a new position in Synopsys in the 4th quarter valued at approximately $32,000. Hedge funds and other institutional investors own 85.47% of the company's stock.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on SNPS. HSBC downgraded shares of Synopsys from a "buy" rating to a "hold" rating and set a $455.00 price target for the company. in a report on Friday, February 20th. Wells Fargo & Company raised their price target on shares of Synopsys from $505.00 to $535.00 and gave the stock an "equal weight" rating in a report on Thursday, May 28th. The Goldman Sachs Group set a $600.00 price objective on shares of Synopsys and gave the stock a "buy" rating in a research report on Wednesday, February 25th. Piper Sandler increased their price objective on shares of Synopsys from $430.00 to $450.00 and gave the stock a "neutral" rating in a research report on Thursday, May 28th. Finally, Robert W. Baird set a $558.00 price objective on shares of Synopsys in a research report on Thursday, May 28th. Nine investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $563.81.
Check Out Our Latest Research Report on Synopsys
About Synopsys
(
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
