North Star Asset Management Inc. Buys Shares of 65,181 Synopsys, Inc. $SNPS

North Star Asset Management Inc. purchased a new stake in Synopsys, Inc. (NASDAQ:SNPS) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 65,181 shares of the semiconductor company’s stock, valued at approximately $29,075,000. Synopsys accounts for 1.1% of North Star Asset Management Inc.’s investment portfolio, making the stock its 25th biggest position.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of Synopsys in the 2nd quarter valued at about $7,228,099,000. State Street Corp boosted its stake in Synopsys by 0.3% during the 4th quarter. State Street Corp now owns 8,788,890 shares of the semiconductor company’s stock worth $4,128,317,000 after acquiring an additional 28,532 shares during the last quarter. Morgan Stanley boosted its stake in Synopsys by 2.5% during the 4th quarter. Morgan Stanley now owns 4,573,980 shares of the semiconductor company’s stock worth $2,148,491,000 after acquiring an additional 109,917 shares during the last quarter. Geode Capital Management LLC grew its holdings in Synopsys by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 4,310,846 shares of the semiconductor company’s stock valued at $2,017,256,000 after purchasing an additional 54,329 shares during the period. Finally, Van ECK Associates Corp grew its holdings in Synopsys by 17.0% during the fourth quarter. Van ECK Associates Corp now owns 2,593,619 shares of the semiconductor company’s stock valued at $1,218,275,000 after purchasing an additional 376,711 shares during the period. 85.47% of the stock is currently owned by institutional investors.

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 stock was sold at an average price of $458.96, for a total value of $6,702,192.88. Following the sale, the chief executive officer directly owned 75,020 shares in the company, valued at $34,431,179.20. The trade was a 16.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 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 company’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $450.02, for a total value of $1,527,367.88. Following the transaction, the chief financial officer directly owned 14,358 shares of the company’s stock, valued at $6,461,387.16. This represents a 19.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.56% of the stock is currently owned by corporate insiders.

Synopsys Stock Performance

Shares of SNPS stock opened at $464.89 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.32 and a current ratio of 1.43. The company has a market capitalization of $89.02 billion, a P/E ratio of 82.14, a price-to-earnings-growth ratio of 2.41 and a beta of 1.23. The company’s 50 day moving average price is $416.90 and its two-hundred day moving average price is $440.11. Synopsys, Inc. has a 52 week low of $366.00 and a 52 week high of $615.79.

Synopsys (NASDAQ:SNPS) last released its quarterly earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share for the quarter, beating the consensus estimate of $3.67 by $0.24. Synopsys had a net margin of 11.43% and a return on equity of 6.31%. The company had revenue of $2.48 billion during the quarter, compared to analysts’ expectations of $2.44 billion. During the same quarter in the prior year, the company earned $3.39 earnings per share. The business’s quarterly revenue was up 42.4% compared to the same quarter last year. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. On average, analysts expect that Synopsys, Inc. will post 10.64 earnings per share for the current fiscal year.

Key Synopsys News

Here are the key news stories impacting Synopsys this week:

• Positive Sentiment: Quarterly results exceeded expectations. Synopsys reported revenue of $2.477 billion, up 42.4% year over year, while non-GAAP EPS of $3.91 surpassed the $3.67 consensus estimate. Design Automation was particularly strong, and Ansys-related contributions supported growth. Synopsys Posts Financial Results for Third Quarter Fiscal Year 2026
• Positive Sentiment: Synopsys raised its fiscal 2026 outlook. Management lifted full-year revenue expectations to approximately $9.715 billion at the midpoint and non-GAAP EPS guidance to $15.07. Fourth-quarter EPS guidance of $4.10-$4.16 also came in above the $3.78 analyst consensus, reinforcing expectations for continued operating momentum. Synopsys raises annual forecasts on AI-driven chip design software demand
• Positive Sentiment: AI is strengthening the long-term growth story. The company said rising chip complexity and investments in AI infrastructure are accelerating EDA demand. Management also highlighted a rebound in Design IP, potential growth from integrating Ansys and customer productivity gains from AI-enabled engineering tools. SNPS Q3 Earnings Call Highlights EDA Acceleration, Outlook Raised
• Positive Sentiment: Analyst support remains favorable. Goldman Sachs, Benchmark and Needham reaffirmed Buy ratings with price targets ranging from $570 to $600, implying substantial upside based on the cited reference price. Elliott Investment Management also reportedly built a multibillion-dollar position, betting Synopsys can narrow its valuation discount to peers. Synopsys Earns Buy Rating as Strong Execution and Higher 2026 Guidance Support $600 Price Target
• Neutral Sentiment: Analyst reactions were not unanimous following the results. While several firms remain bullish, some investors may view the raised outlook as largely reflected in the stock’s valuation, contributing to a mixed near-term assessment. Analysts show mixed reactions after Synopsys’ Q3 results, outlook
• Negative Sentiment: Shares initially faced pressure after the earnings release despite the beat and higher guidance, likely reflecting profit-taking and concerns about elevated valuation. The subsequent rally indicates investors ultimately prioritized the strong results and improved growth outlook. Synopsys slides even as it boosts full-year guidance on back of strong Q3 results

Analyst Ratings Changes

Several equities research analysts have weighed in on SNPS shares. UBS Group set a $570.00 target price on shares of Synopsys in a report on Thursday. Needham & Company LLC reissued a “buy” rating and issued a $580.00 price target on shares of Synopsys in a report on Thursday. Robert W. Baird upgraded shares of Synopsys from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $558.00 to $560.00 in a research report on Thursday. Stifel Nicolaus raised their price objective on Synopsys from $550.00 to $600.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Finally, Citigroup lifted their target price on Synopsys from $600.00 to $610.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Twelve analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $561.28.

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.