Davis Rea LTD. Purchases 11,940 Shares of Synopsys, Inc. $SNPS

Davis Rea LTD. increased its position in Synopsys, Inc. (NASDAQ:SNPSFree Report) by 49.9% in the third quarter, HoldingsChannel reports. The firm owned 35,883 shares of the semiconductor company’s stock after acquiring an additional 11,940 shares during the period. Synopsys accounts for about 4.2% of Davis Rea LTD.’s investment portfolio, making the stock its 7th biggest holding. Davis Rea LTD.’s holdings in Synopsys were worth $17,704,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SNPS. PGGM Investments boosted its position in shares of Synopsys by 5.4% in the third quarter. PGGM Investments now owns 140,654 shares of the semiconductor company’s stock worth $69,397,000 after buying an additional 7,260 shares during the period. Wilmington Savings Fund Society FSB lifted its stake in Synopsys by 7.2% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 1,577 shares of the semiconductor company’s stock worth $778,000 after acquiring an additional 106 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in Synopsys by 11.6% in the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 40,717 shares of the semiconductor company’s stock worth $20,089,000 after acquiring an additional 4,238 shares in the last quarter. Rakuten Securities Inc. boosted its position in Synopsys by 39.6% during the 3rd quarter. Rakuten Securities Inc. now owns 458 shares of the semiconductor company’s stock worth $226,000 after acquiring an additional 130 shares during the period. Finally, OVERSEA CHINESE BANKING Corp Ltd grew its stake in Synopsys by 24.8% during the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 23,970 shares of the semiconductor company’s stock valued at $11,827,000 after acquiring an additional 4,759 shares in the last quarter. 85.47% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently issued reports on SNPS. Weiss Ratings reissued a “hold (c)” rating on shares of Synopsys in a research report on Wednesday, October 8th. JPMorgan Chase & Co. upped their price objective on shares of Synopsys from $600.00 to $650.00 and gave the company an “overweight” rating in a research note on Thursday, December 11th. Rosenblatt Securities raised shares of Synopsys from a “neutral” rating to a “buy” rating and decreased their target price for the company from $605.00 to $560.00 in a research note on Tuesday, December 9th. Piper Sandler cut shares of Synopsys from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $602.00 to $520.00 in a report on Tuesday. Finally, Morgan Stanley upped their price target on shares of Synopsys from $510.00 to $550.00 and gave the stock an “overweight” rating in a research note on Friday, December 12th. Nine research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $553.57.

Get Our Latest Stock Analysis on SNPS

Insider Transactions at Synopsys

In other news, insider Janet Lee sold 250 shares of the stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $530.00, for a total transaction of $132,500.00. Following the transaction, the insider owned 11,959 shares of the company’s stock, valued at approximately $6,338,270. This represents a 2.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Shelagh Glaser sold 3,657 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $460.77, for a total value of $1,685,035.89. Following the completion of the sale, the chief financial officer owned 17,842 shares of the company’s stock, valued at approximately $8,221,058.34. This trade represents a 17.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 4,157 shares of company stock worth $1,945,036. 0.62% of the stock is currently owned by insiders.

Synopsys Stock Performance

Shares of SNPS opened at $508.19 on Friday. The firm has a market cap of $97.23 billion, a price-to-earnings ratio of 63.60, a price-to-earnings-growth ratio of 4.21 and a beta of 1.12. The company’s fifty day moving average is $452.89 and its 200-day moving average is $505.04. The company has a quick ratio of 1.52, a current ratio of 1.62 and a debt-to-equity ratio of 0.48. Synopsys, Inc. has a 12 month low of $365.74 and a 12 month high of $651.73.

Synopsys (NASDAQ:SNPSGet Free Report) last issued its quarterly earnings data on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.79 by $0.11. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. The firm had revenue of $2.25 billion during the quarter, compared to analysts’ expectations of $2.25 billion. During the same period in the prior year, the company posted $3.40 earnings per share. Synopsys’s revenue for the quarter was up 37.8% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.320-14.400 EPS and its Q1 2026 guidance at 3.520-3.580 EPS. Equities analysts expect that Synopsys, Inc. will post 10.64 EPS for the current fiscal year.

Synopsys Profile

(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.

See Also

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Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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