Synopsys, Inc. $SNPS Shares Purchased by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio boosted its position in Synopsys, Inc. (NASDAQ:SNPS) by 2.8% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,748 shares of the semiconductor company’s stock after buying an additional 2,078 shares during the period. Public Employees Retirement System of Ohio’s holdings in Synopsys were worth $30,429,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Sankala Group LLC acquired a new stake in shares of Synopsys in the 4th quarter worth $25,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Synopsys in the fourth quarter valued at about $28,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Synopsys during the fourth quarter worth about $28,000. Atlas Capital Advisors Inc. acquired a new position in shares of Synopsys during the fourth quarter worth about $32,000. Finally, Phillip James Consulting Co. purchased a new position in Synopsys during the fourth quarter worth about $36,000. 85.47% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Synopsys

In related 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 value of $1,527,367.88. Following the sale, the chief financial officer owned 14,358 shares in the company, 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 SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,603 shares of the firm’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 completion of the transaction, the chief executive officer directly owned 75,020 shares of the company’s stock, valued at $34,431,179.20. The trade was 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 owned by insiders.

Analysts Set New Price Targets

SNPS has been the subject of a number of recent analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of Synopsys in a research report on Monday, June 8th. Bank of America boosted their target price on Synopsys from $515.00 to $600.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. KeyCorp reissued an “overweight” rating on shares of Synopsys in a research note on Thursday, May 28th. Stifel Nicolaus raised their price target on Synopsys from $550.00 to $600.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, Wells Fargo & Company lifted their price target on Synopsys from $505.00 to $535.00 and gave the company an “equal weight” rating in a research note on Thursday, May 28th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Synopsys has a consensus rating of “Moderate Buy” and an average target price of $570.06.

Synopsys Stock Down 0.0%

Shares of NASDAQ SNPS opened at $373.47 on Friday. The stock has a market capitalization of $71.51 billion, a price-to-earnings ratio of 86.45, a price-to-earnings-growth ratio of 2.19 and a beta of 1.22. Synopsys, Inc. has a 52 week low of $366.00 and a 52 week high of $651.73. The firm has a 50-day moving average price of $456.13 and a 200 day moving average price of $455.25. 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:SNPS) last issued its earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share 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 company had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.25 billion. During the same period in the prior year, the business posted $3.67 earnings per share. The firm’s revenue for the quarter was up 41.9% compared to the same quarter last year. 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 anticipate that Synopsys, Inc. will post 10.65 EPS for the current fiscal year.

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.