Tompkins Financial Corp Decreases Holdings in Synopsys, Inc. $SNPS

Tompkins Financial Corp reduced its stake in Synopsys, Inc. (NASDAQ:SNPS) by 63.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 709 shares of the semiconductor company’s stock after selling 1,257 shares during the period. Tompkins Financial Corp’s holdings in Synopsys were worth $333,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Alpine Bank Wealth Management boosted its position 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 buying an additional 25 shares during the period. TFC Financial Management Inc. grew its stake in shares of Synopsys by 1,250.0% in the third 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 purchased a new stake in shares of Synopsys during the 3rd quarter valued at about $27,000. SOA Wealth Advisors LLC. acquired a new position in Synopsys during the 3rd quarter worth approximately $28,000. Finally, McIlrath & Eck LLC acquired a new position in Synopsys during the 3rd quarter worth approximately $29,000. 85.47% of the stock is owned by hedge funds and other institutional investors.

Synopsys Trading Down 1.9%

NASDAQ:SNPS opened at $420.32 on Monday. The company has a market cap of $80.52 billion, a PE ratio of 65.27, a P/E/G ratio of 3.42 and a beta of 1.15. The business’s 50 day moving average is $453.33 and its two-hundred day moving average is $456.54. 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 issued its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, beating analysts’ consensus estimates 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 quarterly revenue was up 65.6% on a year-over-year basis. During the same period in the previous year, the business earned $3.03 EPS. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. On average, analysts predict that Synopsys, Inc. will post 10.64 EPS for the current year.

Insiders Place Their Bets

In other Synopsys news, insider Janet Lee sold 250 shares of the business’s stock in a transaction 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 sale, the insider owned 11,959 shares in the company, valued at $6,338,270. The trade was a 2.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.56% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

SNPS has been the subject of several recent research reports. Wells Fargo & Company lowered their price objective on shares of Synopsys from $500.00 to $450.00 and set an “equal weight” rating for the company in a research report on Thursday, February 26th. Piper Sandler reduced their target price on shares of Synopsys from $520.00 to $430.00 and set a “neutral” rating on the stock in a research report on Thursday, February 26th. Bank of America upgraded shares of Synopsys from an “underperform” rating to a “neutral” rating and decreased their target price for the company from $525.00 to $500.00 in a research note on Monday, December 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Synopsys in a report on Thursday, January 22nd. Finally, Citigroup began coverage on shares of Synopsys in a report on Monday, November 24th. They issued a “buy” rating and a $580.00 price objective on the stock. Eight research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Synopsys has an average rating of “Hold” and a consensus target price of $531.00.

About Synopsys

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.