Synopsys (NASDAQ:SNPS) CEO Sassine Ghazi Sells 14,604 Shares of Stock

Synopsys, Inc. (NASDAQ:SNPS) CEO Sassine Ghazi sold 14,604 shares of the firm’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $374.88, for a total value of $5,474,747.52. Following the sale, the chief executive officer directly owned 76,865 shares in the company, valued at approximately $28,815,151.20. This trade represents a 15.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Synopsys Price Performance

SNPS traded up $10.77 on Wednesday, reaching $378.47. The stock had a trading volume of 1,719,622 shares, compared to its average volume of 1,990,852. Synopsys, Inc. has a fifty-two week low of $362.55 and a fifty-two week high of $539.48. The firm has a 50-day moving average of $404.70 and a 200-day moving average of $437.13. The company has a current ratio of 1.34, a quick ratio of 1.24 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $72.53 billion, a price-to-earnings ratio of 66.87, a price-to-earnings-growth ratio of 2.09 and a beta of 1.23.

Synopsys (NASDAQ:SNPS) last announced its quarterly earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 EPS for the quarter, beating analysts’ consensus estimates of $3.67 by $0.24. The firm had revenue of $2.48 billion for the quarter, compared to analyst estimates of $2.44 billion. Synopsys had a return on equity of 6.24% and a net margin of 11.43%.The business’s revenue for the quarter was up 42.4% on a year-over-year basis. During the same period last year, the firm posted $3.39 earnings per share. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. As a group, sell-side analysts anticipate that Synopsys, Inc. will post 10.97 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Piper Sandler raised shares of Synopsys from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $450.00 to $550.00 in a report on Tuesday, June 23rd. Berenberg Bank set a $633.00 price target on shares of Synopsys in a research note on Wednesday, May 27th. Citigroup lifted their price target on shares of Synopsys from $600.00 to $610.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. UBS Group set a $570.00 price objective on Synopsys in a report on Thursday, August 27th. Finally, Benchmark reaffirmed a “buy” rating and set a $570.00 target price on shares of Synopsys in a research report on Thursday, August 27th. Thirteen analysts have rated the stock with a Buy rating, four have issued 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 price target of $562.67.

Institutional Trading of Synopsys

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SNPS. Sequoia Financial Advisors LLC grew its stake in Synopsys by 19.0% during the second quarter. Sequoia Financial Advisors LLC now owns 14,866 shares of the semiconductor company’s stock valued at $6,631,000 after acquiring an additional 2,377 shares in the last quarter. Gemmer Asset Management LLC purchased a new position in Synopsys during the second quarter worth about $224,000. National Pension Service grew its position in Synopsys by 1.9% during the second quarter. National Pension Service now owns 470,136 shares of the semiconductor company’s stock worth $209,714,000 after buying an additional 8,748 shares in the last quarter. Engineers Gate Manager LP increased its stake in Synopsys by 172.7% in the 2nd quarter. Engineers Gate Manager LP now owns 16,365 shares of the semiconductor company’s stock worth $7,300,000 after acquiring an additional 10,363 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC raised its holdings in shares of Synopsys by 30.4% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 1,236 shares of the semiconductor company’s stock valued at $551,000 after acquiring an additional 288 shares in the last quarter. Institutional investors and hedge funds own 85.47% of the company’s stock.

Synopsys Company Profile

Synopsys, Inc is a technology company that develops electronic design automation (EDA) software, semiconductor intellectual property (IP), and related services. Its products help semiconductor and electronics companies design, verify, test and manufacture integrated circuits and complex electronic systems.

The company’s EDA portfolio includes tools for digital and analog design, simulation, verification, physical implementation, signoff and manufacturing preparation. Synopsys also provides reusable semiconductor IP, including processor cores, interface technologies, embedded memories and security-related components, which customers can incorporate into system-on-chip designs.

Synopsys additionally offers software integrity and application security solutions that help organizations identify and manage vulnerabilities and risks in the software development lifecycle.