Sequoia Financial Advisors LLC Raises Holdings in Synopsys, Inc. $SNPS

Sequoia Financial Advisors LLC lifted its position in shares of Synopsys, Inc. (NASDAQ:SNPSFree Report) by 19.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,628 shares of the semiconductor company’s stock after buying an additional 1,713 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Synopsys were worth $5,244,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Evergreen Capital Management LLC lifted its stake in Synopsys by 68.3% in the third quarter. Evergreen Capital Management LLC now owns 2,651 shares of the semiconductor company’s stock worth $1,308,000 after acquiring an additional 1,076 shares during the period. NBT Bank N A NY raised its holdings in shares of Synopsys by 13.4% in the 3rd quarter. NBT Bank N A NY now owns 279 shares of the semiconductor company’s stock valued at $138,000 after purchasing an additional 33 shares in the last quarter. ASR Vermogensbeheer N.V. lifted its position in shares of Synopsys by 12.0% in the 3rd quarter. ASR Vermogensbeheer N.V. now owns 22,621 shares of the semiconductor company’s stock worth $11,161,000 after purchasing an additional 2,419 shares during the period. Ritholtz Wealth Management boosted its stake in shares of Synopsys by 8.9% during the third quarter. Ritholtz Wealth Management now owns 1,510 shares of the semiconductor company’s stock valued at $745,000 after purchasing an additional 124 shares in the last quarter. Finally, Davis Rea LTD. increased its holdings in Synopsys by 49.9% during the third quarter. Davis Rea LTD. now owns 35,883 shares of the semiconductor company’s stock valued at $17,704,000 after buying an additional 11,940 shares during the period. 85.47% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have weighed in on SNPS. JPMorgan Chase & Co. upped their target price on Synopsys from $600.00 to $650.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th. Citigroup initiated coverage on Synopsys in a research note on Monday, November 24th. They set a “buy” rating and a $580.00 price objective for the company. KeyCorp raised their price objective on Synopsys from $575.00 to $600.00 and gave the company an “overweight” rating in a research report on Thursday, December 11th. Wells Fargo & Company boosted their target price on shares of Synopsys from $445.00 to $500.00 and gave the stock an “equal weight” rating in a report on Thursday, December 11th. Finally, Morgan Stanley increased their price target on shares of Synopsys from $510.00 to $550.00 and gave the company an “overweight” rating in a research report on Friday, December 12th. Nine investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $553.57.

Get Our Latest Stock Analysis on Synopsys

Insider Transactions at Synopsys

In related news, CFO Shelagh Glaser sold 3,657 shares of the company’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 sale, the chief financial officer owned 17,842 shares in the company, valued at $8,221,058.34. This represents a 17.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Janet Lee sold 250 shares of the stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $530.00, for a total transaction of $132,500.00. Following the completion of the transaction, the insider owned 11,959 shares in the company, valued at approximately $6,338,270. This trade represents a 2.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 4,157 shares of company stock worth $1,945,036 over the last three months. Corporate insiders own 0.62% of the company’s stock.

Synopsys Trading Up 1.6%

NASDAQ SNPS opened at $516.31 on Tuesday. The company has a fifty day simple moving average of $457.66 and a two-hundred day simple moving average of $504.61. The stock has a market cap of $98.78 billion, a P/E ratio of 64.62, a P/E/G ratio of 4.30 and a beta of 1.12. Synopsys, Inc. has a 12-month low of $365.74 and a 12-month high of $651.73. The company has a current ratio of 1.62, a quick ratio of 1.52 and a debt-to-equity ratio of 0.48.

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

Synopsys Company 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.

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Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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