Fullerton Fund Management Co Ltd. acquired a new stake in Synopsys, Inc. (NASDAQ:SNPS – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,643 shares of the semiconductor company’s stock, valued at approximately $772,000.
Several other large investors also recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its holdings in shares of Synopsys by 5.7% in the 4th quarter. Brighton Jones LLC now owns 921 shares of the semiconductor company’s stock valued at $447,000 after purchasing an additional 50 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of Synopsys by 11.6% in the 1st quarter. Integrated Wealth Concepts LLC now owns 760 shares of the semiconductor company’s stock valued at $326,000 after purchasing an additional 79 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of Synopsys by 15.1% in the 1st quarter. NewEdge Advisors LLC now owns 3,010 shares of the semiconductor company’s stock valued at $1,291,000 after purchasing an additional 395 shares in the last quarter. WINTON GROUP Ltd raised its holdings in shares of Synopsys by 9.2% in the 2nd quarter. WINTON GROUP Ltd now owns 758 shares of the semiconductor company’s stock valued at $389,000 after purchasing an additional 64 shares in the last quarter. Finally, Treasurer of the State of North Carolina raised its holdings in shares of Synopsys by 2.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 72,095 shares of the semiconductor company’s stock valued at $36,962,000 after purchasing an additional 1,505 shares in the last quarter. 85.47% of the stock is owned by hedge funds and other institutional investors.
Synopsys Trading Down 1.3%
NASDAQ SNPS opened at $448.38 on Wednesday. The company has a quick ratio of 1.32, a current ratio of 1.43 and a debt-to-equity ratio of 0.33. The firm has a market cap of $85.86 billion, a PE ratio of 103.79, a price-to-earnings-growth ratio of 2.67 and a beta of 1.22. The company has a 50 day moving average price of $475.78 and a 200 day moving average price of $461.46. Synopsys, Inc. has a 52 week low of $376.18 and a 52 week high of $651.73.
Insider Activity at Synopsys
In related news, CEO Sassine Ghazi sold 14,603 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $458.96, for a total transaction of $6,702,192.88. Following the completion of the transaction, the chief executive officer owned 75,020 shares in the company, valued at $34,431,179.20. The trade was a 16.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Shelagh Glaser sold 3,394 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $450.02, for a total transaction of $1,527,367.88. Following the transaction, the chief financial officer owned 14,358 shares of the company’s stock, valued at approximately $6,461,387.16. This trade represents a 19.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.56% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on SNPS shares. Bank of America boosted their price target on shares of Synopsys from $515.00 to $600.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Needham & Company LLC restated a “buy” rating and issued a $580.00 price target on shares of Synopsys in a report on Thursday, May 28th. KeyCorp restated an “overweight” rating on shares of Synopsys in a report on Thursday, May 28th. Piper Sandler boosted their price target on shares of Synopsys from $430.00 to $450.00 and gave the company a “neutral” rating in a report on Thursday, May 28th. Finally, Rosenblatt Securities boosted their price target on shares of Synopsys from $530.00 to $575.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Nine equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $563.81.
Get Our Latest Analysis on SNPS
More Synopsys News
Here are the key news stories impacting Synopsys this week:
- Positive Sentiment: Synopsys announced a collaboration with Murata Manufacturing that expands access to Murata simulation models through Synopsys/Ansys electromagnetic and thermal analysis tools, which could support broader product adoption and reinforce Synopsys’ software ecosystem. Murata Collaborates with Synopsys to Provide Simulation Models Through Ansys Electromagnetic and Thermal Analysis Tools
- Neutral Sentiment: A DCF-based valuation article said SNPS appears “fairly valued” at about $394, suggesting the stock may not be dramatically undervalued despite recent weakness. SNPS Fairly Valued by DCF at $394
- Negative Sentiment: CEO Sassine Ghazi sold 14,603 shares for about $6.7 million, and CFO Shelagh Glaser also sold 3,394 shares for about $1.5 million. Both transactions were made under pre-arranged 10b5-1 plans, which makes them less alarming, but insider selling can still pressure sentiment. Top Synopsys Executive Makes Major Move With Insider Stock Sale
Synopsys Profile
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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