1,809,127 Shares in Synopsys, Inc. $SNPS Purchased by Coatue Management LLC

Coatue Management LLC purchased a new stake in shares of Synopsys, Inc. (NASDAQ:SNPS) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,809,127 shares of the semiconductor company’s stock, valued at approximately $892,605,000. Synopsys accounts for 2.2% of Coatue Management LLC’s investment portfolio, making the stock its 17th largest holding. Coatue Management LLC owned about 0.97% of Synopsys at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Chevy Chase Trust Holdings LLC raised its holdings in shares of Synopsys by 15.6% during the third quarter. Chevy Chase Trust Holdings LLC now owns 94,739 shares of the semiconductor company’s stock valued at $46,743,000 after acquiring an additional 12,768 shares in the last quarter. Clark Capital Management Group Inc. bought a new stake in Synopsys in the third quarter valued at $206,000. Atreides Management LP purchased a new position in Synopsys during the 3rd quarter valued at $19,181,000. Ausdal Financial Partners Inc. purchased a new position in Synopsys during the 3rd quarter valued at $226,000. Finally, Bamco Inc. NY bought a new position in Synopsys in the 3rd quarter worth $11,737,000. Institutional investors own 85.47% of the company’s stock.

Insider Buying and Selling

In related news, insider Janet Lee sold 250 shares of the company’s 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 sale, the insider owned 11,959 shares in the company, valued at $6,338,270. This represents a 2.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Shelagh Glaser sold 3,657 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $460.77, for a total value of $1,685,035.89. Following the transaction, the chief financial officer directly owned 17,842 shares of the company’s stock, valued at approximately $8,221,058.34. This trade represents a 17.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 4,157 shares of company stock valued at $1,945,036 in the last ninety days. Insiders own 0.56% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on SNPS shares. Rosenblatt Securities dropped their target price on shares of Synopsys from $560.00 to $530.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Bank of America upgraded shares of Synopsys from an “underperform” rating to a “neutral” rating and reduced their price target for the company from $525.00 to $500.00 in a research report on Monday, December 8th. Wells Fargo & Company lowered their price objective on shares of Synopsys from $500.00 to $450.00 and set an “equal weight” rating for the company in a report on Thursday, February 26th. Piper Sandler cut their price objective on Synopsys from $520.00 to $430.00 and set a “neutral” rating on the stock in a research report on Thursday, February 26th. Finally, Citigroup initiated coverage on Synopsys in a report on Monday, November 24th. They set a “buy” rating and a $580.00 target price on the stock. Eight analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Synopsys currently has a consensus rating of “Hold” and a consensus target price of $531.00.

Synopsys Stock Down 1.5%

NASDAQ:SNPS opened at $412.63 on Friday. The firm’s 50-day moving average price is $461.93 and its 200-day moving average price is $463.65. The company has a market capitalization of $79.04 billion, a PE ratio of 64.07, a P/E/G ratio of 3.36 and a beta of 1.15. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.36 and a quick ratio of 1.26. Synopsys, Inc. has a 1-year low of $365.74 and a 1-year high of $651.73.

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