MASTERINVEST Kapitalanlage GmbH bought a new stake in shares of Synopsys, Inc. (NASDAQ:SNPS – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 4,832 shares of the semiconductor company’s stock, valued at approximately $2,477,000.
Several other hedge funds have also modified their holdings of the stock. Independence Bank of Kentucky boosted its holdings in Synopsys by 120.0% in the 2nd quarter. Independence Bank of Kentucky now owns 55 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 30 shares during the period. Saudi Central Bank acquired a new position in shares of Synopsys during the first quarter worth $26,000. Princeton Global Asset Management LLC boosted its stake in shares of Synopsys by 481.8% in the second quarter. Princeton Global Asset Management LLC now owns 64 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 53 shares during the period. AlphaQuest LLC grew its holdings in Synopsys by 423.1% during the 2nd quarter. AlphaQuest LLC now owns 68 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 55 shares in the last quarter. Finally, WPG Advisers LLC purchased a new stake in Synopsys during the 1st quarter worth $34,000. 85.47% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In related news, CAO Sudhindra Kankanwadi sold 9,873 shares of Synopsys stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $500.90, for a total value of $4,945,385.70. Following the sale, the chief accounting officer directly owned 20,520 shares in the company, valued at $10,278,468. This trade represents a 32.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.62% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Report on SNPS
Synopsys Stock Down 5.1%
NASDAQ:SNPS opened at $452.95 on Friday. The company has a current ratio of 1.62, a quick ratio of 1.51 and a debt-to-equity ratio of 0.48. The stock has a 50 day moving average of $435.71 and a 200-day moving average of $504.12. The firm has a market capitalization of $84.14 billion, a PE ratio of 56.69, a price-to-earnings-growth ratio of 5.62 and a beta of 1.16. Synopsys, Inc. has a 52 week low of $365.74 and a 52 week high of $651.73.
Synopsys (NASDAQ:SNPS – Get Free Report) last released its quarterly earnings data on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.79 by $0.11. The business had revenue of $2.25 billion during the quarter, compared to analyst estimates of $2.25 billion. Synopsys had a return on equity of 7.89% and a net margin of 18.89%.The business’s revenue for the quarter was up 37.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.40 EPS. Synopsys has set its FY 2026 guidance at 14.320-14.400 EPS and its Q1 2026 guidance at 3.520-3.580 EPS. Analysts predict that Synopsys, Inc. will post 10.64 EPS for the current year.
Synopsys Company Profile
Synopsys, Inc provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions.
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