Commonwealth of Pennsylvania Public School Empls Retrmt SYS Decreases Stock Position in Synopsys, Inc. $SNPS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lessened its holdings in Synopsys, Inc. (NASDAQ:SNPSFree Report) by 5.1% in the 2nd quarter, Holdings Channel.com reports. The fund owned 42,311 shares of the semiconductor company’s stock after selling 2,255 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Synopsys were worth $18,874,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Sankala Group LLC acquired a new stake in Synopsys in the 4th quarter worth approximately $25,000. Elevation Wealth Partners LLC raised its holdings in shares of Synopsys by 96.4% in the second quarter. Elevation Wealth Partners LLC now owns 55 shares of the semiconductor company’s stock worth $25,000 after buying an additional 27 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Synopsys during the fourth quarter worth $28,000. IMG Wealth Management Inc. purchased a new stake in shares of Synopsys during the first quarter valued at $30,000. Finally, Atlas Capital Advisors Inc. purchased a new stake in shares of Synopsys during the fourth quarter valued at $32,000. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Insider Buying and Selling

In other Synopsys news, CEO Sassine Ghazi sold 14,603 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $458.96, for a total value of $6,702,192.88. Following the completion of the sale, the chief executive officer directly owned 75,020 shares of the company’s stock, valued at $34,431,179.20. This trade represents a 16.29% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Shelagh Glaser sold 3,394 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $450.02, for a total transaction of $1,527,367.88. Following the transaction, the chief financial officer directly owned 14,358 shares in the company, valued at approximately $6,461,387.16. The trade was a 19.12% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.56% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms have recently commented on SNPS. Berenberg Bank set a $633.00 price objective on shares of Synopsys in a report on Wednesday, May 27th. Bank of America upped their price target on shares of Synopsys from $515.00 to $600.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Needham & Company LLC reaffirmed a “buy” rating and set a $580.00 price target on shares of Synopsys in a research report on Thursday, May 28th. Piper Sandler upgraded Synopsys from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $450.00 to $550.00 in a research note on Tuesday, June 23rd. Finally, Rosenblatt Securities boosted their price objective on Synopsys from $530.00 to $575.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $565.06.

Read Our Latest Stock Report on Synopsys

Synopsys News Roundup

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Synopsys Stock Down 0.1%

Shares of SNPS opened at $411.75 on Friday. The firm has a market cap of $78.84 billion, a P/E ratio of 95.31, a PEG ratio of 2.42 and a beta of 1.23. The stock’s 50 day moving average is $426.49 and its two-hundred day moving average is $443.50. Synopsys, Inc. has a 12 month low of $366.00 and a 12 month high of $626.24. The company has a current ratio of 1.43, a quick ratio of 1.32 and a debt-to-equity ratio of 0.33.

Synopsys (NASDAQ:SNPSGet Free Report) last issued its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 EPS for the quarter, topping the consensus estimate of $3.15 by $0.20. The firm had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.25 billion. Synopsys had a return on equity of 5.83% and a net margin of 8.91%.The firm’s revenue for the quarter was up 41.9% on a year-over-year basis. During the same period in the previous year, the business earned $3.67 earnings per share. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. Analysts predict that Synopsys, Inc. will post 10.65 earnings per share for the current fiscal year.

Synopsys Profile

(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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