Teachers Retirement System of The State of Kentucky Boosts Holdings in Synopsys, Inc. $SNPS

Teachers Retirement System of The State of Kentucky raised its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 3.3% in the third quarter, HoldingsChannel reports. The institutional investor owned 51,475 shares of the semiconductor company’s stock after acquiring an additional 1,643 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Synopsys were worth $25,396,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Alpine Bank Wealth Management boosted its holdings in shares of Synopsys by 89.3% during the 3rd quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares during the last quarter. TFC Financial Management Inc. grew its holdings in Synopsys by 1,250.0% during the 3rd quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 50 shares in the last quarter. Millstone Evans Group LLC bought a new stake in Synopsys in the 3rd quarter worth approximately $27,000. SOA Wealth Advisors LLC. bought a new position in shares of Synopsys during the 3rd quarter valued at approximately $28,000. Finally, McIlrath & Eck LLC bought a new position in shares of Synopsys during the 3rd quarter valued at approximately $29,000. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on SNPS shares. KeyCorp increased their price objective on shares of Synopsys from $575.00 to $600.00 and gave the company an “overweight” rating in a research report on Thursday, December 11th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $480.00 price target (down from $550.00) on shares of Synopsys in a report on Wednesday, February 25th. Piper Sandler dropped their target price on Synopsys from $520.00 to $430.00 and set a “neutral” rating for the company in a report on Thursday, February 26th. Wall Street Zen raised Synopsys from a “sell” rating to a “hold” rating in a research report on Saturday, December 13th. Finally, Zacks Research upgraded Synopsys from a “strong sell” rating to a “hold” rating in a research report on Monday, November 10th. Eight analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Synopsys has an average rating of “Hold” and a consensus target price of $531.00.

Insider Transactions at Synopsys

In other Synopsys news, CFO Shelagh Glaser sold 3,657 shares of the firm’s stock in a transaction 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 directly owned 17,842 shares in the company, valued at $8,221,058.34. This trade represents a 17.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Janet Lee sold 250 shares of the stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $530.00, for a total transaction of $132,500.00. Following the transaction, the insider owned 11,959 shares in the company, valued at approximately $6,338,270. The trade was a 2.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 4,157 shares of company stock worth $1,945,036 over the last 90 days. Insiders own 0.56% of the company’s stock.

Synopsys Price Performance

SNPS opened at $424.32 on Wednesday. The business has a fifty day moving average of $469.06 and a 200 day moving average of $472.50. The stock has a market cap of $81.28 billion, a P/E ratio of 65.89, a PEG ratio of 3.45 and a beta of 1.15. The company has a quick ratio of 1.26, a current ratio of 1.36 and a debt-to-equity ratio of 0.33. Synopsys, Inc. has a 52-week low of $365.74 and a 52-week high of $651.73.

Synopsys (NASDAQ:SNPS) last released its earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, topping the consensus estimate of $3.56 by $0.21. The business had revenue of $2.41 billion during the quarter, compared to the consensus estimate of $2.39 billion. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.The business’s revenue for the quarter was up 65.6% compared to the same quarter last year. During the same period last year, the company earned $3.03 earnings per share. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. As a group, sell-side analysts anticipate that Synopsys, Inc. will post 10.64 EPS for the current year.

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.