BNP Paribas trimmed its position in shares of Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 16.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 62,142 shares of the semiconductor company’s stock after selling 11,921 shares during the quarter. Synopsys makes up approximately 0.8% of BNP Paribas’ holdings, making the stock its 27th largest position. BNP Paribas’ holdings in Synopsys were worth $29,250,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the company. New Mexico Educational Retirement Board boosted its position in Synopsys by 1.2% during the 4th quarter. New Mexico Educational Retirement Board now owns 8,426 shares of the semiconductor company’s stock valued at $3,958,000 after acquiring an additional 100 shares in the last quarter. Ellevest Inc. boosted its position in Synopsys by 19.5% during the 4th quarter. Ellevest Inc. now owns 675 shares of the semiconductor company’s stock valued at $317,000 after acquiring an additional 110 shares in the last quarter. SCS Capital Management LLC boosted its position in Synopsys by 1.8% during the 4th quarter. SCS Capital Management LLC now owns 2,204 shares of the semiconductor company’s stock valued at $1,035,000 after acquiring an additional 38 shares in the last quarter. Peapack Gladstone Financial Corp lifted its holdings in shares of Synopsys by 666.7% during the fourth quarter. Peapack Gladstone Financial Corp now owns 7,391 shares of the semiconductor company’s stock valued at $3,472,000 after purchasing an additional 6,427 shares during the last quarter. Finally, AXS Investments LLC lifted its holdings in shares of Synopsys by 9.5% during the fourth quarter. AXS Investments LLC now owns 2,816 shares of the semiconductor company’s stock valued at $1,323,000 after purchasing an additional 245 shares during the last quarter. 85.47% of the stock is owned by institutional investors.
Synopsys Price Performance
Shares of NASDAQ SNPS opened at $492.29 on Tuesday. Synopsys, Inc. has a twelve month low of $376.18 and a twelve month high of $651.73. The firm has a market cap of $94.26 billion, a P/E ratio of 113.96, a PEG ratio of 3.75 and a beta of 1.22. The company has a 50 day moving average of $460.81 and a 200 day moving average of $455.51. The company has a quick ratio of 1.32, a current ratio of 1.43 and a debt-to-equity ratio of 0.33.
Analyst Upgrades and Downgrades
SNPS has been the subject of several recent research reports. Robert W. Baird set a $558.00 target price on shares of Synopsys in a report on Thursday. Wells Fargo & Company lifted their target price on shares of Synopsys from $505.00 to $535.00 and gave the company an “equal weight” rating in a report on Thursday. BNP Paribas Exane lifted their target price on shares of Synopsys from $425.00 to $450.00 and gave the company an “underperform” rating in a report on Thursday, May 28th. Rosenblatt Securities lifted their target price on shares of Synopsys from $530.00 to $575.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Finally, KeyCorp reiterated an “overweight” rating on shares of Synopsys in a report on Thursday. Nine research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Synopsys currently has an average rating of “Hold” and an average price target of $563.81.
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.
Featured Articles
- Five stocks we like better than Synopsys
- Why These Three Big Buybacks Are Sending Very Different Signals to Investors
- Drone Stocks Soar As Pentagon Considers Funding, Including a Trump-Linked Name
- Braze Blazes Ahead on Q1 2027 Earnings Beat, Raised Guidance
- Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?
Want to see what other hedge funds are holding SNPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Synopsys, Inc. (NASDAQ:SNPS – Free Report).
Receive News & Ratings for Synopsys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Synopsys and related companies with MarketBeat.com's FREE daily email newsletter.
