OVERSEA CHINESE BANKING Corp Ltd Raises Position in Synopsys, Inc. $SNPS

OVERSEA CHINESE BANKING Corp Ltd raised its position in Synopsys, Inc. (NASDAQ:SNPS) by 24.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 23,970 shares of the semiconductor company’s stock after buying an additional 4,759 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Synopsys were worth $11,827,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in SNPS. Alpine Bank Wealth Management boosted its stake in shares of Synopsys by 89.3% in the third quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 25 shares during the last quarter. TFC Financial Management Inc. lifted its holdings in Synopsys by 1,250.0% in the 3rd quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 50 shares in the last quarter. Independence Bank of Kentucky boosted its stake in Synopsys by 120.0% during the 2nd quarter. Independence Bank of Kentucky now owns 55 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 30 shares during the last quarter. SOA Wealth Advisors LLC. purchased a new stake in shares of Synopsys during the third quarter worth $28,000. Finally, McIlrath & Eck LLC acquired a new stake in shares of Synopsys in the third quarter valued at about $29,000. Institutional investors and hedge funds own 85.47% of the company’s stock.

Analysts Set New Price Targets

SNPS has been the subject of several research reports. KeyCorp upped their price objective on shares of Synopsys from $575.00 to $600.00 and gave the company an “overweight” rating in a research note on Thursday, December 11th. Morgan Stanley lifted their price objective on Synopsys from $510.00 to $550.00 and gave the stock an “overweight” rating in a research report on Friday, December 12th. Citigroup assumed coverage on Synopsys in a research note on Monday, November 24th. They set a “buy” rating and a $580.00 price objective on the stock. Rosenblatt Securities raised Synopsys from a “neutral” rating to a “buy” rating and cut their target price for the stock from $605.00 to $560.00 in a research note on Tuesday, December 9th. Finally, BNP Paribas assumed coverage on Synopsys in a report on Thursday, October 2nd. They set an “underperform” rating and a $425.00 price target on the stock. Nine investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Synopsys presently has a consensus rating of “Hold” and an average price target of $553.57.

Synopsys Stock Performance

Shares of Synopsys stock opened at $505.34 on Thursday. The firm has a market cap of $96.68 billion, a PE ratio of 63.25, a price-to-earnings-growth ratio of 4.26 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, Inc. has a 52 week low of $365.74 and a 52 week high of $651.73. The business’s fifty day simple moving average is $450.65 and its 200-day simple moving average is $505.02.

Synopsys (NASDAQ:SNPS) last issued its quarterly earnings data on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.79 by $0.11. The firm had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.25 billion. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. Synopsys’s revenue was up 37.8% on a year-over-year basis. During the same period in the previous year, the firm earned $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. Equities analysts forecast that Synopsys, Inc. will post 10.64 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Janet Lee sold 250 shares of the stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $530.00, for a total transaction of $132,500.00. Following the completion of the transaction, the insider owned 11,959 shares of the company’s stock, valued at approximately $6,338,270. This trade represents a 2.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Shelagh Glaser sold 3,657 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $460.77, for a total value of $1,685,035.89. Following the completion of the sale, the chief financial officer directly owned 17,842 shares in the company, valued at approximately $8,221,058.34. The trade was a 17.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 4,157 shares of company stock valued at $1,945,036 in the last ninety days. 0.62% of the stock is currently owned by corporate insiders.

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.