Synopsys, Inc. (NASDAQ:SNPS - Get Free Report) insider Geus Aart De sold 25,000 shares of the firm's stock in a transaction on Friday, August 28th. The stock was sold at an average price of $445.55, for a total value of $11,138,750.00. Following the transaction, the insider directly owned 120,421 shares of the company's stock, valued at $53,653,576.55. The trade was a 17.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Synopsys Stock Down 0.7%
Shares of NASDAQ:SNPS opened at $439.59 on Tuesday. The company has a quick ratio of 1.24, a current ratio of 1.34 and a debt-to-equity ratio of 0.29. Synopsys, Inc. has a 52-week low of $366.00 and a 52-week high of $615.79. The stock's fifty day simple moving average is $416.14 and its 200-day simple moving average is $440.15. The company has a market capitalization of $84.24 billion, a P/E ratio of 77.67, a P/E/G ratio of 2.42 and a beta of 1.23.
Synopsys (NASDAQ:SNPS - Get Free Report) last posted its quarterly earnings data on Wednesday, August 26th. The semiconductor company reported $3.91 EPS for the quarter, beating analysts' consensus estimates of $3.67 by $0.24. The business had revenue of $2.48 billion for the quarter, compared to analyst estimates of $2.44 billion. Synopsys had a return on equity of 6.24% and a net margin of 11.43%.The business's revenue for the quarter was up 42.4% compared to the same quarter last year. During the same quarter last year, the company earned $3.39 earnings per share. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. As a group, equities research analysts forecast that Synopsys, Inc. will post 11.03 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Synopsys
Several hedge funds have recently modified their holdings of the stock. BlackRock Inc. purchased a new stake in Synopsys in the second quarter valued at 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 shares of Synopsys during the 4th quarter valued at $730,197,000. Bank of New York Mellon Corp purchased a new stake in shares of Synopsys during the 2nd quarter valued at $692,074,000. Finally, State Street Corp increased its holdings in shares of 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 buying an additional 1,493,912 shares during the last quarter. 85.47% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on the stock. KeyCorp reissued an "overweight" rating on shares of Synopsys in a research note on Wednesday, August 19th. Needham & Company LLC reaffirmed a "buy" rating and issued a $580.00 target price on shares of Synopsys in a research note on Thursday, August 27th. Rosenblatt Securities reiterated a "buy" rating and issued a $575.00 price target on shares of Synopsys in a report on Tuesday, August 25th. Weiss Ratings raised Synopsys from a "hold (c-)" rating to a "hold (c)" rating in a research note on Thursday. Finally, Robert W. Baird upgraded Synopsys from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from $558.00 to $560.00 in a report on Thursday. Twelve analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $561.28.
Get Our Latest Analysis on SNPS
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.
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