PFG Advisors Purchases 5,005 Shares of Synopsys, Inc. $SNPS

PFG Advisors lifted its position in shares of Synopsys, Inc. (NASDAQ:SNPS) by 40.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,279 shares of the semiconductor company’s stock after purchasing an additional 5,005 shares during the quarter. PFG Advisors’ holdings in Synopsys were worth $8,526,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of SNPS. Alpine Bank Wealth Management raised its position in Synopsys by 89.3% in the 3rd quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares during the last quarter. TFC Financial Management Inc. grew its holdings in shares of Synopsys by 1,250.0% during the third quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 50 shares during the last quarter. Millstone Evans Group LLC bought a new stake in shares of Synopsys during the third quarter worth $27,000. SOA Wealth Advisors LLC. acquired a new stake in shares of Synopsys in the third quarter valued at $28,000. Finally, McIlrath & Eck LLC acquired a new stake in shares of Synopsys in the third quarter valued at $29,000. 85.47% of the stock is currently owned by institutional investors.

Synopsys Price Performance

Shares of SNPS stock opened at $437.41 on Monday. 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 12-month low of $365.74 and a 12-month high of $651.73. The firm has a fifty day moving average of $466.71 and a 200-day moving average of $468.77. The firm has a market capitalization of $83.79 billion, a price-to-earnings ratio of 67.92, a price-to-earnings-growth ratio of 3.56 and a beta of 1.15.

Synopsys (NASDAQ:SNPS) last issued its quarterly earnings data on Wednesday, February 25th. The semiconductor company reported $3.77 EPS for the quarter, topping the consensus estimate of $3.56 by $0.21. The business had revenue of $2.41 billion for 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 firm’s revenue was up 65.6% compared to the same quarter last year. During the same quarter last year, the business posted $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, equities research analysts forecast that Synopsys, Inc. will post 10.64 earnings per share for the current year.

Insider Transactions at Synopsys

In other news, CFO Shelagh Glaser sold 3,657 shares of the firm’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $460.77, for a total transaction of $1,685,035.89. Following the sale, the chief financial officer owned 17,842 shares of the company’s stock, valued at $8,221,058.34. This trade represents a 17.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Janet Lee sold 250 shares of Synopsys stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $530.00, for a total value of $132,500.00. Following the transaction, the insider owned 11,959 shares in the company, valued at $6,338,270. This trade represents a 2.05% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 4,157 shares of company stock worth $1,945,036. 0.56% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages recently issued reports on SNPS. KeyCorp upped their price target on shares of Synopsys from $575.00 to $600.00 and gave the stock an “overweight” rating in a research report on Thursday, December 11th. Weiss Ratings restated a “hold (c)” rating on shares of Synopsys in a research report on Thursday, January 22nd. Bank of America raised Synopsys from an “underperform” rating to a “neutral” rating and dropped their price objective for the stock from $525.00 to $500.00 in a report on Monday, December 8th. Wall Street Zen upgraded shares of Synopsys from a “sell” rating to a “hold” rating in a research report on Saturday, December 13th. Finally, Wells Fargo & Company reduced their target price on shares of Synopsys from $500.00 to $450.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 26th. Eight research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average 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.