Amova Asset Management Americas Inc. Purchases 6,590 Shares of Synopsys, Inc. $SNPS

Amova Asset Management Americas Inc. boosted its position in Synopsys, Inc. (NASDAQ:SNPSFree Report) by 41.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,410 shares of the semiconductor company’s stock after purchasing an additional 6,590 shares during the period. Amova Asset Management Americas Inc.’s holdings in Synopsys were worth $11,058,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Trust Asset Management LLC increased its stake in shares of Synopsys by 19.1% in the third quarter. Trust Asset Management LLC now owns 2,104 shares of the semiconductor company’s stock valued at $1,038,000 after buying an additional 338 shares during the period. GW&K Investment Management LLC raised its stake in shares of Synopsys by 26.6% during the third quarter. GW&K Investment Management LLC now owns 176 shares of the semiconductor company’s stock valued at $87,000 after acquiring an additional 37 shares during the last quarter. Cambria Investment Management L.P. bought a new stake in shares of Synopsys in the third quarter worth $323,000. ARK Investment Management LLC increased its holdings in Synopsys by 90.2% in the third quarter. ARK Investment Management LLC now owns 51,558 shares of the semiconductor company’s stock valued at $25,438,000 after purchasing an additional 24,446 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in Synopsys by 13.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 367,970 shares of the semiconductor company’s stock worth $181,487,000 after purchasing an additional 42,585 shares during the last quarter. 85.47% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Synopsys

In other news, CFO Shelagh Glaser sold 3,657 shares of the business’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 sale, the chief financial officer directly owned 17,842 shares of the company’s stock, valued at $8,221,058.34. The trade was a 17.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Janet Lee sold 250 shares of the firm’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $530.00, for a total transaction of $132,500.00. Following the completion of the transaction, the insider directly owned 11,959 shares in the company, valued at approximately $6,338,270. The trade was a 2.05% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 4,157 shares of company stock worth $1,945,036. Corporate insiders own 0.56% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on SNPS. Needham & Company LLC reissued a “buy” rating on shares of Synopsys in a research note on Thursday, February 26th. The Goldman Sachs Group set a $600.00 price target on shares of Synopsys and gave the stock a “buy” rating in a research report on Wednesday, February 25th. Wall Street Zen raised shares of Synopsys from a “sell” rating to a “hold” rating in a research note on Saturday, December 13th. Bank of America raised shares of Synopsys from an “underperform” rating to a “neutral” rating and cut their price target for the company from $525.00 to $500.00 in a research report on Monday, December 8th. Finally, Morgan Stanley restated an “equal weight” rating and set a $480.00 target price (down from $550.00) on shares of Synopsys in a research report on Wednesday, February 25th. Eight analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $531.00.

Get Our Latest Report on Synopsys

Synopsys Stock Up 1.6%

Shares of NASDAQ:SNPS opened at $430.98 on Thursday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.26 and a current ratio of 1.36. Synopsys, Inc. has a 52-week low of $365.74 and a 52-week high of $651.73. The business’s 50 day simple moving average is $468.17 and its two-hundred day simple moving average is $472.21. The firm has a market cap of $82.56 billion, a P/E ratio of 66.92, a PEG ratio of 3.46 and a beta of 1.15.

Synopsys (NASDAQ:SNPSGet Free Report) last issued its earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, topping analysts’ consensus estimates of $3.56 by $0.21. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.The company had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.39 billion. During the same period in the prior year, the firm earned $3.03 earnings per share. Synopsys’s revenue for the quarter was up 65.6% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. As a group, research analysts forecast that Synopsys, Inc. will post 10.64 EPS for the current fiscal 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.

Further Reading

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Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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