GHP Investment Advisors Inc. grew its position in Synopsys, Inc. (NASDAQ:SNPS) by 1.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,011 shares of the semiconductor company’s stock after purchasing an additional 626 shares during the quarter. GHP Investment Advisors Inc.’s holdings in Synopsys were worth $2,814,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of the company. First Trust Advisors LP grew its position in Synopsys by 426.3% during the fourth quarter. First Trust Advisors LP now owns 1,038,634 shares of the semiconductor company’s stock worth $88,533,000 after buying an additional 841,300 shares in the last quarter. BlackRock Inc. grew its position in Synopsys by 5.5% during the fourth quarter. BlackRock Inc. now owns 12,640,021 shares of the semiconductor company’s stock worth $1,077,434,000 after buying an additional 658,966 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in Synopsys by 37.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,853,499 shares of the semiconductor company’s stock worth $157,992,000 after buying an additional 505,334 shares in the last quarter. Amundi Pioneer Asset Management Inc. acquired a new stake in Synopsys during the fourth quarter worth approximately $27,325,000. Finally, Carillon Tower Advisers Inc. acquired a new stake in Synopsys during the fourth quarter worth approximately $26,785,000. 90.53% of the stock is currently owned by institutional investors.
In other news, CEO Chi-Foon Chan sold 3,609 shares of the stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $84.77, for a total value of $305,934.93. Following the completion of the transaction, the chief executive officer now directly owns 209,244 shares in the company, valued at approximately $17,737,613.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel John F. Runkel, Jr. sold 10,000 shares of the stock in a transaction on Tuesday, December 19th. The shares were sold at an average price of $88.00, for a total value of $880,000.00. Following the completion of the transaction, the general counsel now owns 18,742 shares of the company’s stock, valued at $1,649,296. The disclosure for this sale can be found here. Insiders sold a total of 59,540 shares of company stock valued at $5,148,688 over the last quarter. 1.84% of the stock is owned by corporate insiders.
Shares of Synopsys, Inc. (NASDAQ:SNPS) opened at $88.48 on Wednesday. The firm has a market capitalization of $13,249.92, a price-to-earnings ratio of 63.64, a price-to-earnings-growth ratio of 5.77 and a beta of 1.09. Synopsys, Inc. has a twelve month low of $69.42 and a twelve month high of $94.80. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.04.
Synopsys (NASDAQ:SNPS) last announced its quarterly earnings results on Wednesday, February 21st. The semiconductor company reported $1.10 EPS for the quarter, beating the Zacks’ consensus estimate of $1.00 by $0.10. Synopsys had a return on equity of 6.72% and a net margin of 1.63%. The company had revenue of $769.40 million during the quarter, compared to analysts’ expectations of $750.43 million. During the same period in the prior year, the company earned $0.94 EPS. Synopsys’s revenue was up 17.9% compared to the same quarter last year. equities research analysts expect that Synopsys, Inc. will post 1.54 earnings per share for the current year.
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Synopsys Company Profile
Synopsys, Inc provides software, intellectual property (IP) and services. The Company supplies the electronic design automation (EDA) software that engineers use to design and test integrated circuits, also known as chips. It also offers IP products, which are pre-designed circuits that engineers use as components of larger chip designs rather than designing those circuits themselves.
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