Melqart Asset Management UK Ltd Purchases Shares of 87,538 Synopsys, Inc. $SNPS

Melqart Asset Management UK Ltd acquired a new stake in Synopsys, Inc. (NASDAQ:SNPS) in the 3rd quarter, Holdings Channel reports. The firm acquired 87,538 shares of the semiconductor company’s stock, valued at approximately $43,190,000. Synopsys makes up 5.8% of Melqart Asset Management UK Ltd’s holdings, making the stock its 3rd biggest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC increased its stake in shares of Synopsys by 5.7% during the fourth quarter. Brighton Jones LLC now owns 921 shares of the semiconductor company’s stock worth $447,000 after buying an additional 50 shares during the period. Integrated Wealth Concepts LLC lifted its stake in Synopsys by 11.6% in the first quarter. Integrated Wealth Concepts LLC now owns 760 shares of the semiconductor company’s stock worth $326,000 after acquiring an additional 79 shares during the last quarter. NewEdge Advisors LLC grew its holdings in Synopsys by 15.1% during the 1st quarter. NewEdge Advisors LLC now owns 3,010 shares of the semiconductor company’s stock worth $1,291,000 after acquiring an additional 395 shares in the last quarter. SBI Securities Co. Ltd. grew its holdings in Synopsys by 11.8% during the 2nd quarter. SBI Securities Co. Ltd. now owns 2,685 shares of the semiconductor company’s stock worth $1,376,000 after acquiring an additional 284 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its position in shares of Synopsys by 17.1% in the 2nd quarter. PNC Financial Services Group Inc. now owns 32,006 shares of the semiconductor company’s stock valued at $16,409,000 after purchasing an additional 4,670 shares during the last quarter. 85.47% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on SNPS shares. Needham & Company LLC restated a “buy” rating on shares of Synopsys in a report on Thursday, February 26th. Morgan Stanley reissued an “equal weight” rating and issued a $480.00 target price (down from $550.00) on shares of Synopsys in a report on Wednesday, February 25th. KeyCorp lifted their price target on Synopsys from $575.00 to $600.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th. Bank of America raised Synopsys from an “underperform” rating to a “neutral” rating and lowered their price objective for the stock from $525.00 to $500.00 in a research report on Monday, December 8th. Finally, Piper Sandler dropped their price objective on Synopsys from $520.00 to $430.00 and set a “neutral” rating on the stock in a report on Thursday, February 26th. Eight investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $531.00.

Synopsys Trading Down 1.5%

NASDAQ SNPS opened at $412.63 on Friday. The firm’s fifty day moving average price is $461.93 and its 200 day moving average price is $464.57. Synopsys, Inc. has a 12 month low of $365.74 and a 12 month high of $651.73. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.36 and a quick ratio of 1.26. The company has a market capitalization of $79.04 billion, a price-to-earnings ratio of 64.07, a price-to-earnings-growth ratio of 3.41 and a beta of 1.15.

Synopsys (NASDAQ:SNPS) last announced its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, beating analysts’ consensus estimates of $3.56 by $0.21. The firm had revenue of $2.41 billion during the quarter, compared to analysts’ expectations of $2.39 billion. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. Synopsys’s quarterly revenue was up 65.6% compared to the same quarter last year. During the same period in the previous year, the company earned $3.03 earnings per share. 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, sell-side analysts expect that Synopsys, Inc. will post 10.64 earnings per share for the current fiscal year.

Insider Transactions at Synopsys

In related news, CFO Shelagh Glaser sold 3,657 shares of the company’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $460.77, for a total value of $1,685,035.89. Following the completion of the sale, the chief financial officer directly owned 17,842 shares of the company’s stock, valued at $8,221,058.34. This represents a 17.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Janet Lee sold 250 shares of Synopsys stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $530.00, for a total value of $132,500.00. Following the transaction, the insider directly owned 11,959 shares in the company, valued at approximately $6,338,270. This trade represents a 2.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 4,157 shares of company stock valued at $1,945,036. Insiders own 0.56% of the company’s stock.

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.