UNIVEST FINANCIAL Corp Makes New $14.69 Million Investment in Synopsys, Inc. $SNPS

UNIVEST FINANCIAL Corp bought a new position in shares of Synopsys, Inc. (NASDAQ:SNPS) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 32,936 shares of the semiconductor company’s stock, valued at approximately $14,692,000. Synopsys comprises approximately 0.7% of UNIVEST FINANCIAL Corp’s portfolio, making the stock its 28th largest position.

Other large investors have also recently added to or reduced their stakes in the company. Sankala Group LLC acquired a new stake in Synopsys in the 4th quarter valued at about $25,000. Elevation Wealth Partners LLC boosted its stake in shares of Synopsys by 96.4% during the 2nd quarter. Elevation Wealth Partners LLC now owns 55 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 27 shares during the period. IMG Wealth Management Inc. acquired a new position in shares of Synopsys during the 2nd quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Synopsys during the 4th quarter worth approximately $28,000. Finally, Atlas Capital Advisors Inc. bought a new stake in Synopsys in the 4th quarter valued at $32,000. Institutional investors and hedge funds own 85.47% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Sassine Ghazi sold 14,603 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were 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 owned 75,020 shares of the company’s stock, valued at approximately $34,431,179.20. The trade was a 16.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 completion of the sale, the chief financial officer directly owned 14,358 shares of the company’s stock, 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 currently owned by company insiders.

Analyst Ratings Changes

SNPS has been the subject of several research reports. Benchmark started coverage on Synopsys in a report on Wednesday, July 15th. They set a “buy” rating and a $570.00 price target for the company. Wells Fargo & Company decreased their price objective on shares of Synopsys from $535.00 to $450.00 and set an “equal weight” rating on the stock in a report on Tuesday, August 11th. Zacks Research raised shares of Synopsys from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Morgan Stanley raised their target price on shares of Synopsys from $480.00 to $525.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 28th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $580.00 target price on shares of Synopsys in a report on Thursday, May 28th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Synopsys currently has an average rating of “Moderate Buy” and an average target price of $565.06.

Synopsys Price Performance

Shares of NASDAQ SNPS opened at $413.22 on Tuesday. The firm has a market cap of $79.12 billion, a P/E ratio of 95.65, a price-to-earnings-growth ratio of 2.48 and a beta of 1.23. The business’s 50 day moving average is $424.42 and its 200-day moving average is $442.30. 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, Inc. has a 1-year low of $366.00 and a 1-year high of $626.24.

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

Synopsys Company 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.