Synopsys (NASDAQ:SNPS) CFO Shelagh Glaser Sells 3,394 Shares

Synopsys, Inc. (NASDAQ:SNPSGet Free Report) CFO Shelagh Glaser sold 3,394 shares of Synopsys stock in a transaction 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 directly owned 14,358 shares in the company, valued at approximately $6,461,387.16. This represents a 19.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Synopsys Trading Up 0.1%

Shares of NASDAQ SNPS opened at $454.38 on Tuesday. The company’s fifty day moving average is $474.73 and its 200-day moving average is $461.19. The stock has a market cap of $87.00 billion, a price-to-earnings ratio of 105.18, a P/E/G ratio of 2.67 and a beta of 1.22. Synopsys, Inc. has a twelve month low of $376.18 and a twelve month high of $651.73. The company has a quick ratio of 1.32, a current ratio of 1.43 and a debt-to-equity ratio of 0.33.

Synopsys (NASDAQ:SNPSGet Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share for the quarter, topping analysts’ consensus estimates of $3.15 by $0.20. The company had revenue of $2.28 billion for 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 business’s quarterly revenue was up 41.9% compared to the same quarter last year. During the same period last year, the firm posted $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. Equities research analysts predict that Synopsys, Inc. will post 10.65 EPS for the current year.

Institutional Investors Weigh In On Synopsys

Several institutional investors have recently added to or reduced their stakes in the stock. Sankala Group LLC bought a new stake in Synopsys during the 4th quarter worth about $25,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Synopsys during the 4th quarter worth about $28,000. Caitong International Asset Management Co. Ltd bought a new stake in Synopsys during the 4th quarter worth about $28,000. IMG Wealth Management Inc. bought a new stake in Synopsys during the 1st quarter worth about $30,000. Finally, Atlas Capital Advisors Inc. bought a new stake in Synopsys during the 4th quarter worth about $32,000. 85.47% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Morgan Stanley boosted their price objective on shares of Synopsys from $480.00 to $525.00 and gave the company an “equal weight” rating in a research report on Thursday, May 28th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Synopsys in a research report on Monday, June 8th. Needham & Company LLC reaffirmed a “buy” rating and issued a $580.00 price objective on shares of Synopsys in a research report on Thursday, May 28th. HSBC cut shares of Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price objective on the stock. in a research report on Friday, February 20th. Finally, Berenberg Bank set a $633.00 price objective on shares of Synopsys in a research report on Wednesday, May 27th. Nine investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $563.81.

View Our Latest Stock Report on Synopsys

Synopsys Company Profile

(Get 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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