Pallas Capital Advisors LLC acquired a new stake in shares of Synopsys, Inc. (NASDAQ:SNPS – Free Report) during the second quarter, Holdings Channel reports. The firm acquired 3,052 shares of the semiconductor company’s stock, valued at approximately $1,361,000.
Several other large investors also recently modified their holdings of SNPS. Foronjy Financial LLC raised its holdings in shares of Synopsys by 5.2% in the 4th quarter. Foronjy Financial LLC now owns 446 shares of the semiconductor company’s stock worth $210,000 after buying an additional 22 shares in the last quarter. AGH Wealth Advisors LLC raised its stake in Synopsys by 4.4% during the first quarter. AGH Wealth Advisors LLC now owns 569 shares of the semiconductor company’s stock worth $226,000 after acquiring an additional 24 shares in the last quarter. Hardy Reed LLC raised its stake in Synopsys by 0.8% during the fourth quarter. Hardy Reed LLC now owns 3,309 shares of the semiconductor company’s stock worth $1,554,000 after acquiring an additional 25 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in shares of Synopsys by 16.9% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 180 shares of the semiconductor company’s stock valued at $85,000 after acquiring an additional 26 shares during the period. Finally, MCF Advisors LLC lifted its holdings in shares of Synopsys by 17.8% during the fourth quarter. MCF Advisors LLC now owns 172 shares of the semiconductor company’s stock valued at $81,000 after acquiring an additional 26 shares during the period. 85.47% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on SNPS shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $580.00 target price on shares of Synopsys in a report on Thursday, May 28th. Stifel Nicolaus lifted their price target on shares of Synopsys from $550.00 to $600.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Zacks Research raised shares of Synopsys from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Rosenblatt Securities boosted their target price on Synopsys from $530.00 to $575.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Finally, Citigroup lifted their price objective on Synopsys from $600.00 to $610.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Two equities research 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 company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $565.06.
Insiders Place Their Bets
In other news, CFO Shelagh Glaser sold 3,394 shares of Synopsys stock in a transaction 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 completion of the sale, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 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 sale, the chief executive officer directly owned 75,020 shares of the company’s stock, valued at $34,431,179.20. This trade 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 company insiders.
Synopsys Price Performance
Shares of SNPS stock opened at $404.41 on Wednesday. Synopsys, Inc. has a 1 year low of $366.00 and a 1 year high of $624.82. The company has a current ratio of 1.43, a quick ratio of 1.32 and a debt-to-equity ratio of 0.33. The firm’s 50 day moving average is $423.21 and its 200-day moving average is $441.54. The firm has a market capitalization of $77.44 billion, a price-to-earnings ratio of 93.61, a PEG ratio of 2.48 and a beta of 1.23.
Synopsys (NASDAQ:SNPS – Get Free Report) last issued its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share for the quarter, beating analysts’ consensus estimates of $3.15 by $0.20. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The business had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.25 billion. During the same quarter last year, the business posted $3.67 earnings per share. Synopsys’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. Sell-side analysts forecast that Synopsys, Inc. will post 10.65 EPS for the current fiscal year.
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.
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