Waterway Wealth Management LLC Takes $1.32 Million Position in Synopsys, Inc. $SNPS

Waterway Wealth Management LLC acquired a new stake in Synopsys, Inc. (NASDAQ:SNPS) in the fourth quarter, Holdings Channel.com reports. The fund acquired 2,806 shares of the semiconductor company’s stock, valued at approximately $1,318,000.

A number of other institutional investors have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Synopsys in the fourth quarter valued at $28,000. Caitong International Asset Management Co. Ltd purchased a new position in Synopsys in the fourth quarter valued at $28,000. Atlas Capital Advisors Inc. purchased a new position in Synopsys in the fourth quarter valued at $32,000. Oakworth Capital Inc. boosted its holdings in Synopsys by 3,700.0% in the fourth quarter. Oakworth Capital Inc. now owns 76 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 74 shares during the period. Finally, Greenline Wealth Management LLC purchased a new position in Synopsys in the fourth quarter valued at $37,000. 85.47% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Synopsys

Here are the key news stories impacting Synopsys this week:

• Positive Sentiment: Synopsys announced a collaboration with Murata Manufacturing to expand access to simulation models through Synopsys/Ansys electromagnetic and thermal analysis tools, a move that could strengthen adoption of its design software and deepen customer usage. Murata Collaborates with Synopsys to Provide Simulation Models Through Ansys Electromagnetic and Thermal Analysis Tools
• Neutral Sentiment: A valuation note said SNPS looks “fairly valued” on a DCF basis around $394, suggesting the stock may not be deeply undervalued after its recent pullback. SNPS Fairly Valued by DCF at 394
• Neutral Sentiment: Brokerage coverage remains mixed, with the consensus rating still at “Hold” despite several higher price targets from analysts. Synopsys: Long-Term Opportunity Outweighs Near-Term Headwinds
• Negative Sentiment: Recent insider selling by top executives may be creating near-term pressure on the shares, even though the transactions were pre-planned and not necessarily a sign of weakening fundamentals. Top Synopsys Executive Makes Major Move With Insider Stock Sale

Synopsys Stock Down 1.3%

Synopsys stock opened at $448.38 on Wednesday. Synopsys, Inc. has a fifty-two week low of $376.18 and a fifty-two week high of $651.73. 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 $85.86 billion, a P/E ratio of 103.79, a PEG ratio of 2.67 and a beta of 1.22. The stock has a 50-day simple moving average of $475.78 and a 200-day simple moving average of $461.46.

Synopsys (NASDAQ:SNPS) last posted its earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share for the quarter, beating the consensus estimate of $3.15 by $0.20. Synopsys had a return on equity of 5.83% and a net margin of 8.91%.The business had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.25 billion. During the same period in the previous year, the business earned $3.67 EPS. The business’s quarterly revenue was up 41.9% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. Equities research analysts expect that Synopsys, Inc. will post 10.65 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Needham & Company LLC reiterated a “buy” rating and issued a $580.00 target price on shares of Synopsys in a report on Thursday, May 28th. Morgan Stanley lifted their target price on Synopsys from $480.00 to $525.00 and gave the company an “equal weight” rating in a report on Thursday, May 28th. The Goldman Sachs Group set a $600.00 target price on Synopsys and gave the company a “buy” rating in a report on Wednesday, February 25th. Wells Fargo & Company upped their price objective on Synopsys from $505.00 to $535.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 28th. Finally, Stifel Nicolaus upped their price objective on Synopsys from $550.00 to $600.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Nine equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Synopsys has an average rating of “Hold” and a consensus target price of $563.81.

Insider Activity

In other Synopsys news, CFO Shelagh Glaser sold 3,394 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $450.02, for a total transaction of $1,527,367.88. Following the completion of the sale, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,603 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were 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 of the company’s stock, valued at approximately $34,431,179.20. This represents a 16.29% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.56% of the stock is currently owned by insiders.

Synopsys 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.