Wealthfront Advisers LLC Has $7.39 Million Position in Synopsys, Inc. $SNPS

Wealthfront Advisers LLC grew its position in Synopsys, Inc. (NASDAQ:SNPSFree Report) by 22.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,983 shares of the semiconductor company’s stock after purchasing an additional 2,713 shares during the period. Wealthfront Advisers LLC’s holdings in Synopsys were worth $7,392,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Johnson Investment Counsel Inc. acquired a new stake in Synopsys during the 3rd quarter worth $222,000. Katamaran Capital LLP acquired a new position in Synopsys in the third quarter valued at about $1,904,000. AlTi Global Inc. bought a new stake in shares of Synopsys in the third quarter worth about $887,000. Profund Advisors LLC raised its position in shares of Synopsys by 17.7% during the third quarter. Profund Advisors LLC now owns 16,645 shares of the semiconductor company’s stock worth $8,212,000 after purchasing an additional 2,505 shares during the period. Finally, Oppenheimer & Co. Inc. lifted its holdings in shares of Synopsys by 8.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 24,339 shares of the semiconductor company’s stock valued at $12,009,000 after purchasing an additional 1,869 shares in the last quarter. Institutional investors and hedge funds own 85.47% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on SNPS shares. Bank of America raised shares of Synopsys from an “underperform” rating to a “neutral” rating and lowered their price objective for the stock from $525.00 to $500.00 in a research report on Monday, December 8th. Citigroup initiated coverage on Synopsys in a research note on Monday, November 24th. They issued a “buy” rating and a $580.00 price target on the stock. Morgan Stanley upped 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. Weiss Ratings reiterated a “hold (c)” rating on shares of Synopsys in a report on Thursday, January 22nd. Finally, Needham & Company LLC boosted their target price on Synopsys from $550.00 to $580.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Nine equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Synopsys currently has an average rating of “Moderate Buy” and a consensus price target of $553.57.

Get Our Latest Stock Analysis on Synopsys

Synopsys Stock Up 0.2%

SNPS stock opened at $438.21 on Thursday. The company has a market cap of $83.84 billion, a price-to-earnings ratio of 54.84, a P/E/G ratio of 3.64 and a beta of 1.12. Synopsys, Inc. has a twelve month low of $365.74 and a twelve month high of $651.73. The business has a 50 day moving average price of $478.54 and a two-hundred day moving average price of $492.32. 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:SNPSGet Free Report) last released its quarterly earnings data on Wednesday, December 10th. The semiconductor company reported $2.90 EPS for the quarter, beating the consensus estimate of $2.79 by $0.11. The company had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.25 billion. Synopsys had a return on equity of 7.89% and a net margin of 18.89%.The firm’s revenue for the quarter was up 37.8% compared to the same quarter last year. During the same quarter in the prior 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 anticipate that Synopsys, Inc. will post 10.64 EPS for the current fiscal year.

Insider Activity at Synopsys

In other news, CFO Shelagh Glaser sold 3,657 shares of Synopsys 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 completion of the transaction, 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Janet Lee sold 250 shares of the stock in a transaction on Monday, January 12th. The shares were sold at an average price of $530.00, for a total value of $132,500.00. Following the completion of the sale, the insider owned 11,959 shares in the company, valued at approximately $6,338,270. This trade represents a 2.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 4,157 shares of company stock worth $1,945,036 in the last 90 days. Corporate insiders own 0.62% of the company’s stock.

About Synopsys

(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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Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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