Bar Harbor Wealth Management purchased a new position in shares of Synopsys, Inc. (NASDAQ:SNPS – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,314 shares of the semiconductor company’s stock, valued at approximately $1,142,000.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in shares of Synopsys by 1.6% during the second quarter. Vanguard Group Inc. now owns 15,060,784 shares of the semiconductor company’s stock worth $7,721,363,000 after buying an additional 231,014 shares during the last quarter. State Street Corp lifted its position in Synopsys by 1.2% during the 2nd quarter. State Street Corp now owns 7,266,446 shares of the semiconductor company’s stock worth $3,725,362,000 after acquiring an additional 85,662 shares during the period. Geode Capital Management LLC grew its stake in shares of Synopsys by 1.5% in the 2nd quarter. Geode Capital Management LLC now owns 3,545,892 shares of the semiconductor company’s stock valued at $1,810,214,000 after purchasing an additional 51,043 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Synopsys by 29.1% in the second quarter. Ameriprise Financial Inc. now owns 2,598,874 shares of the semiconductor company’s stock valued at $1,333,095,000 after purchasing an additional 585,494 shares during the period. Finally, Alliancebernstein L.P. increased its holdings in shares of Synopsys by 10.9% in the second quarter. Alliancebernstein L.P. now owns 1,913,001 shares of the semiconductor company’s stock valued at $980,757,000 after purchasing an additional 187,790 shares during the period. 85.47% of the stock is owned by hedge funds and other institutional investors.
Synopsys Stock Performance
NASDAQ SNPS opened at $475.50 on Thursday. The business has a 50 day moving average price of $436.28 and a 200 day moving average price of $503.93. The company has a market capitalization of $90.97 billion, a P/E ratio of 59.51, a PEG ratio of 3.96 and a beta of 1.16. Synopsys, Inc. has a 1-year low of $365.74 and a 1-year high of $651.73. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.62 and a quick ratio of 1.52.
More Synopsys News
Here are the key news stories impacting Synopsys this week:
- Positive Sentiment: Analyst and institutional support: multiple brokerages have recent buy/overweight ratings and price‑target increases and big institutional holders remain active, which can provide buying support under headline pressure. MarketBeat Analysis
- Neutral Sentiment: Unconfirmed Nvidia/AI investment chatter is circulating and may be uplifting sentiment, but remains rumor‑level until verified — could be a major catalyst if true. QuiverQuant: Nvidia investment buzz
- Neutral Sentiment: Long‑term performance pieces and retrospectives (e.g., 15‑year return analyses) are circulating — useful context for buy‑and‑hold investors but unlikely to move the stock near‑term. Benzinga: 15‑year performance
- Negative Sentiment: Multiple securities‑class‑action notices and solicitations have been filed/issued by several law firms alleging disclosures tied to a sharp post‑Sept decline; lead‑plaintiff deadlines are imminent — ongoing litigation risk can drive volatility, legal costs and investor uncertainty. Newsfile: BFA Law notice
- Negative Sentiment: Insider selling: CFO Shelagh Glaser disposed of ~3,657 shares (~$1.7M at the time), reducing her stake ~17% — such disclosures often amplify concern when paired with active litigation headlines. SEC filing – Insider Sale (Shelagh Glaser)
- Neutral Sentiment: Reported short‑interest data in recent feeds shows no material days‑to‑cover change (data anomalies reported) — currently not signalling a meaningful short squeeze dynamic.
Insider Buying and Selling
In other Synopsys news, CFO Shelagh Glaser sold 3,657 shares of the firm’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $460.77, for a total transaction of $1,685,035.89. Following the completion of the transaction, the chief financial officer directly owned 17,842 shares in the company, valued at approximately $8,221,058.34. This trade represents a 17.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.62% of the company’s stock.
Wall Street Analyst Weigh In
SNPS has been the subject of several recent research reports. KeyCorp increased their price target on Synopsys from $575.00 to $600.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th. Morgan Stanley upped their price objective on shares of Synopsys from $510.00 to $550.00 and gave the stock an “overweight” rating in a research report on Friday, December 12th. Bank of America raised shares of Synopsys from an “underperform” rating to a “neutral” rating and lowered their target price for the company from $525.00 to $500.00 in a report on Monday, December 8th. Baird R W lowered shares of Synopsys from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 10th. Finally, Wall Street Zen raised shares of Synopsys from a “sell” rating to a “hold” rating in a report on Saturday, December 13th. Eleven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $562.13.
Check Out Our Latest Stock Analysis on Synopsys
About Synopsys
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.
Further Reading
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