1,994 Synopsys, Inc. $SNPS Shares Sold by Jackson Square Capital LLC

Jackson Square Capital LLC lessened its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 77.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 591 shares of the semiconductor company’s stock after selling 1,994 shares during the period. Jackson Square Capital LLC’s holdings in Synopsys were worth $257,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of Synopsys in the 2nd quarter worth $7,228,099,000. Van ECK Associates Corp increased its stake in shares of Synopsys by 19.7% during the second quarter. Van ECK Associates Corp now owns 3,457,249 shares of the semiconductor company’s stock valued at $1,542,175,000 after buying an additional 569,687 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Synopsys by 40.7% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,087,349 shares of the semiconductor company’s stock valued at $1,377,174,000 after buying an additional 892,736 shares during the period. Assenagon Asset Management S.A. increased its stake in shares of Synopsys by 11.2% during the third quarter. Assenagon Asset Management S.A. now owns 2,729,988 shares of the semiconductor company’s stock valued at $1,187,381,000 after buying an additional 274,586 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Synopsys in the second quarter valued at about $747,400,000. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Wall Street Analyst Weigh In

SNPS has been the topic of a number of research reports. Morgan Stanley cut their target price on shares of Synopsys from $525.00 to $500.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 19th. Sanford C. Bernstein assumed coverage on shares of Synopsys in a report on Friday, September 25th. They issued an “outperform” rating for the company. Zacks Research raised shares of Synopsys from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 2nd. JPMorgan Chase & Co. dropped their price objective on shares of Synopsys from $650.00 to $600.00 in a research note on Thursday, August 27th. Finally, Piper Sandler upgraded shares of Synopsys from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $450.00 to $550.00 in a research note on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $571.78.

Synopsys Stock Performance

Shares of Synopsys stock traded up $3.93 during midday trading on Monday, hitting $458.56. The company had a trading volume of 1,145,909 shares, compared to its average volume of 2,053,737. The company has a fifty day simple moving average of $427.56 and a 200 day simple moving average of $441.93. The stock has a market cap of $87.88 billion, a price-to-earnings ratio of 81.06, a PEG ratio of 1.85 and a beta of 1.21. The company has a quick ratio of 1.24, a current ratio of 1.34 and a debt-to-equity ratio of 0.29. Synopsys, Inc. has a 12-month low of $362.55 and a 12-month high of $539.48.

Synopsys (NASDAQ:SNPS) last released its earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.67 by $0.24. The firm had revenue of $2.48 billion for the quarter, compared to the consensus estimate of $2.44 billion. Synopsys had a return on equity of 6.24% and a net margin of 11.43%. The firm’s revenue was up 42.4% on a year-over-year basis. During the same period in the prior year, the firm earned $3.39 EPS. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. As a group, analysts predict that Synopsys, Inc. will post 10.97 earnings per share for the current fiscal year.

Synopsys announced that its Board of Directors has initiated a share buyback program on Monday, October 5th that permits the company to buy back $1.00 billion in shares. This buyback authorization permits the semiconductor company to repurchase up to 1.1% of its shares through open market purchases. Share buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling

In other Synopsys news, insider Janet Lee sold 1,144 shares of the company’s stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $502.52, for a total value of $574,882.88. Following the sale, the insider owned 16,534 shares in the company, valued at approximately $8,308,665.68. This represents a 6.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Sassine Ghazi sold 14,604 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $462.84, for a total transaction of $6,759,315.36. Following the sale, the chief executive officer directly owned 76,865 shares in the company, valued at $35,576,196.60. The trade was a 15.97% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 117,163 shares of company stock worth $51,366,457 over the last ninety days. 0.56% of the stock is owned by corporate insiders.

About Synopsys

Synopsys, Inc is an electronic design automation (EDA) and semiconductor intellectual property company serving the global semiconductor and electronics industries. Its software helps engineers design, verify, test and manufacture advanced integrated circuits and electronic systems.

The company’s products and services support digital and analog design, functional verification, design-for-test, manufacturing and semiconductor engineering workflows. Synopsys also provides reusable semiconductor IP, including processor cores, interface technologies, security solutions and other components used in system-on-chip designs.

In addition to its semiconductor design offerings, Synopsys provides software development and application security tools intended to help organizations identify and manage vulnerabilities and risks across the software development lifecycle.