Synopsys, Inc. $SNPS Shares Sold by USS Investment Management Ltd

USS Investment Management Ltd lessened its stake in Synopsys, Inc. (NASDAQ:SNPSFree Report) by 18.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 31,869 shares of the semiconductor company’s stock after selling 7,304 shares during the quarter. USS Investment Management Ltd’s holdings in Synopsys were worth $12,632,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of SNPS. IFM Investors Pty Ltd lifted its holdings in Synopsys by 5.5% during the 1st quarter. IFM Investors Pty Ltd now owns 39,257 shares of the semiconductor company’s stock worth $15,565,000 after buying an additional 2,034 shares during the last quarter. North Point Portfolio Managers Corp OH increased its holdings in shares of Synopsys by 20.3% in the 1st quarter. North Point Portfolio Managers Corp OH now owns 33,351 shares of the semiconductor company’s stock valued at $13,223,000 after acquiring an additional 5,627 shares during the last quarter. Wendell David Associates Inc. raised its position in shares of Synopsys by 55.0% during the 1st quarter. Wendell David Associates Inc. now owns 7,400 shares of the semiconductor company’s stock valued at $2,934,000 after acquiring an additional 2,626 shares in the last quarter. Impact Partnership Wealth LLC raised its position in shares of Synopsys by 16.0% during the 1st quarter. Impact Partnership Wealth LLC now owns 718 shares of the semiconductor company’s stock valued at $285,000 after acquiring an additional 99 shares in the last quarter. Finally, Caliber Wealth Management LLC KS lifted its stake in Synopsys by 28.0% during the first quarter. Caliber Wealth Management LLC KS now owns 4,047 shares of the semiconductor company’s stock worth $1,605,000 after purchasing an additional 886 shares during the last quarter. Institutional investors own 85.47% of the company’s stock.

Insider Buying and Selling

In other news, CFO Shelagh Glaser sold 3,394 shares of the firm’s stock in a transaction 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 transaction, the chief financial officer directly owned 14,358 shares of the company’s stock, valued at approximately $6,461,387.16. This trade represents a 19.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 Synopsys stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $458.96, for a total transaction of $6,702,192.88. Following the sale, the chief executive officer owned 75,020 shares in the company, valued at approximately $34,431,179.20. This represents a 16.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. Corporate insiders own 0.56% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on SNPS. Needham & Company LLC reiterated a “buy” rating and set a $580.00 target price on shares of Synopsys in a research note on Thursday, May 28th. Rosenblatt Securities lifted their price target on shares of Synopsys from $530.00 to $575.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Stifel Nicolaus boosted their price objective on shares of Synopsys from $550.00 to $600.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Synopsys in a research note on Monday, June 8th. Finally, Robert W. Baird set a $558.00 target price on Synopsys in a research note on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $570.06.

Read Our Latest Stock Analysis on Synopsys

Synopsys Trading Up 1.9%

Shares of NASDAQ:SNPS opened at $454.53 on Thursday. The company has a market cap of $87.03 billion, a PE ratio of 105.22, a P/E/G ratio of 2.62 and a beta of 1.22. The company’s 50-day moving average price is $483.60 and its 200 day moving average price is $461.62. Synopsys, Inc. has a fifty-two week low of $376.18 and a fifty-two week high of $651.73. The company has a quick ratio of 1.32, a current ratio of 1.43 and a debt-to-equity ratio of 0.33.

Synopsys (NASDAQ:SNPSGet Free Report) last posted its earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 EPS for the quarter, topping the consensus estimate of $3.15 by $0.20. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The firm had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.25 billion. During the same quarter in the prior year, the firm earned $3.67 EPS. Synopsys’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. Sell-side analysts anticipate that Synopsys, Inc. will post 10.65 earnings per share for the current year.

Synopsys Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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