Synopsys, Inc. $SNPS Shares Sold by AMI Asset Management Corp

AMI Asset Management Corp lessened its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 2.4% during the 1st quarter, Holdings Channel reports. The fund owned 53,467 shares of the semiconductor company’s stock after selling 1,328 shares during the quarter. Synopsys comprises 1.4% of AMI Asset Management Corp’s portfolio, making the stock its 28th largest holding. AMI Asset Management Corp’s holdings in Synopsys were worth $21,199,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in SNPS. Victory Capital Management Inc. increased its holdings in Synopsys by 238.8% during the 3rd quarter. Victory Capital Management Inc. now owns 2,824,349 shares of the semiconductor company’s stock worth $1,393,506,000 after purchasing an additional 1,990,608 shares during the period. Coatue Management LLC purchased a new position in Synopsys during the 3rd quarter worth $892,605,000. Capital Research Global Investors raised its position in Synopsys by 226.6% in the third quarter. Capital Research Global Investors now owns 2,524,512 shares of the semiconductor company’s stock worth $1,245,533,000 after acquiring an additional 1,751,432 shares in the last quarter. Norges Bank purchased a new stake in shares of Synopsys during the 4th quarter worth approximately $730,197,000. Finally, State Street Corp lifted its holdings in shares of Synopsys by 20.6% in the third quarter. State Street Corp now owns 8,760,358 shares of the semiconductor company’s stock valued at $4,322,273,000 after purchasing an additional 1,493,912 shares in the last quarter. 85.47% of the stock is currently owned by institutional investors and hedge funds.

Synopsys Price Performance

NASDAQ:SNPS opened at $447.26 on Tuesday. Synopsys, Inc. has a one year low of $376.18 and a one year high of $651.73. The stock has a market cap of $85.64 billion, a P/E ratio of 103.53, a PEG ratio of 2.67 and a beta of 1.22. The company has a fifty day moving average price of $483.79 and a 200 day moving average price of $461.99. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.43 and a quick ratio of 1.32.

Synopsys (NASDAQ:SNPS) last announced its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 EPS for the quarter, topping analysts’ consensus estimates of $3.15 by $0.20. The firm had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.25 billion. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The company’s revenue for the quarter was up 41.9% compared to the same quarter last year. During the same quarter last year, the company earned $3.67 earnings per share. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. Analysts anticipate that Synopsys, Inc. will post 10.65 earnings per share for the current year.

Insider Activity

In other news, CFO Shelagh Glaser sold 3,394 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $450.02, for a total value of $1,527,367.88. Following the completion of the sale, the chief financial officer owned 14,358 shares of the company’s stock, valued at approximately $6,461,387.16. This represents a 19.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,603 shares of Synopsys stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $458.96, for a total transaction of $6,702,192.88. Following the sale, the chief executive officer directly owned 75,020 shares of the company’s stock, valued at $34,431,179.20. The trade was a 16.29% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 0.56% of the company’s stock.

Analyst Upgrades and Downgrades

SNPS has been the topic of several analyst reports. Needham & Company LLC restated a “buy” rating and set a $580.00 price objective on shares of Synopsys in a report on Thursday, May 28th. Wells Fargo & Company raised their price objective on shares of Synopsys from $505.00 to $535.00 and gave the stock an “equal weight” rating in a report on Thursday, May 28th. Rosenblatt Securities increased their price target on Synopsys from $530.00 to $575.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Citigroup boosted their price target on Synopsys from $600.00 to $610.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Finally, Berenberg Bank set a $633.00 price objective on Synopsys in a research note on Wednesday, May 27th. Ten investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $570.06.

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.