Synopsys, Inc. $SNPS Shares Purchased by Peregrine Capital Management LLC

Peregrine Capital Management LLC raised its position in shares of Synopsys, Inc. (NASDAQ:SNPS) by 20.4% in the third quarter, Holdings Channel.com reports. The fund owned 50,456 shares of the semiconductor company’s stock after buying an additional 8,535 shares during the quarter. Synopsys comprises approximately 0.7% of Peregrine Capital Management LLC’s holdings, making the stock its 25th largest position. Peregrine Capital Management LLC’s holdings in Synopsys were worth $24,894,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Alpine Bank Wealth Management increased its position in Synopsys by 89.3% during the 3rd quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 25 shares in the last quarter. Independence Bank of Kentucky grew its stake in Synopsys by 120.0% during the second quarter. Independence Bank of Kentucky now owns 55 shares of the semiconductor company’s stock worth $28,000 after buying an additional 30 shares during the period. SOA Wealth Advisors LLC. purchased a new stake in Synopsys during the third quarter worth approximately $28,000. McIlrath & Eck LLC acquired a new stake in shares of Synopsys in the third quarter worth $29,000. Finally, Princeton Global Asset Management LLC raised its stake in shares of Synopsys by 481.8% in the 2nd quarter. Princeton Global Asset Management LLC now owns 64 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 53 shares during the period. 85.47% of the stock is currently owned by hedge funds and other institutional investors.

Synopsys Price Performance

SNPS stock opened at $514.49 on Friday. The stock’s 50 day moving average is $443.64 and its two-hundred day moving average is $504.01. Synopsys, Inc. has a 52-week low of $365.74 and a 52-week high of $651.73. The company has a market capitalization of $98.43 billion, a PE ratio of 64.39, a P/E/G ratio of 4.32 and a beta of 1.12. The company has a quick ratio of 1.52, a current ratio of 1.62 and a debt-to-equity ratio of 0.48.

Synopsys (NASDAQ:SNPS) last released its quarterly earnings results on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share for the quarter, topping analysts’ consensus estimates of $2.79 by $0.11. The business had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.25 billion. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. The business’s quarterly revenue was up 37.8% compared to the same quarter last year. During the same quarter last year, the company earned $3.40 earnings per share. 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 earnings per share for the current fiscal year.

Insider Activity

In other Synopsys news, CFO Shelagh Glaser sold 3,657 shares of the stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $460.77, for a total transaction of $1,685,035.89. Following the transaction, the chief financial officer owned 17,842 shares of the company’s stock, valued at $8,221,058.34. This trade represents a 17.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Janet Lee sold 250 shares of the business’s stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $510.00, for a total value of $127,500.00. Following the completion of the sale, the insider owned 12,209 shares of the company’s stock, valued at $6,226,590. This trade represents a 2.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.62% of the company’s stock.

Analysts Set New Price Targets

SNPS has been the subject of a number of research reports. JPMorgan Chase & Co. upped their price target on shares of Synopsys from $600.00 to $650.00 and gave the stock an “overweight” rating in a research report on Thursday, December 11th. Rosenblatt Securities raised Synopsys from a “neutral” rating to a “buy” rating and decreased their target price for the stock from $605.00 to $560.00 in a research report on Tuesday, December 9th. Citigroup began coverage on Synopsys in a research note on Monday, November 24th. They issued a “buy” rating and a $580.00 target price for the company. Morgan Stanley raised their target price on Synopsys from $510.00 to $550.00 and gave the company an “overweight” rating in a report on Friday, December 12th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Synopsys in a report on Wednesday, October 8th. Eleven analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $562.13.

Synopsys Company 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.