51,916 Shares in Synopsys, Inc. $SNPS Acquired by Nykredit A S

Key Points

• Nykredit A S acquired 51,916 Synopsys shares during the second quarter, valued at approximately $23.2 million. Institutional investors collectively own 85.47% of the company.
• Synopsys reported quarterly earnings of $3.91 per share and revenue of $2.48 billion, exceeding analyst expectations; revenue rose 42.4% year over year.
• SNPS shares opened at $384.97, well below their 12-month high of $539.48. Analysts maintain a “Moderate Buy” consensus with an average price target of $562.67, while insiders have sold nearly $38 million of stock over the past three months.

Nykredit A S bought a new stake in Synopsys, Inc. (NASDAQ:SNPS - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 51,916 shares of the semiconductor company's stock, valued at approximately $23,158,000.

Other hedge funds have also recently added to or reduced their stakes in the company. AGH Wealth Advisors LLC increased its holdings in shares of Synopsys by 4.4% during the first quarter. AGH Wealth Advisors LLC now owns 569 shares of the semiconductor company's stock valued at $226,000 after purchasing an additional 24 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its stake 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 purchasing an additional 26 shares in the last quarter. MCF Advisors LLC lifted its holdings in Synopsys by 17.8% in the fourth quarter. MCF Advisors LLC now owns 172 shares of the semiconductor company's stock worth $81,000 after purchasing an additional 26 shares during the period. CYBER HORNET ETFs LLC grew its position in Synopsys by 5.5% in the 4th quarter. CYBER HORNET ETFs LLC now owns 522 shares of the semiconductor company's stock valued at $245,000 after buying an additional 27 shares in the last quarter. Finally, Sumitomo Life Insurance Co. increased its stake in Synopsys by 0.4% during the 4th quarter. Sumitomo Life Insurance Co. now owns 6,742 shares of the semiconductor company's stock valued at $3,167,000 after buying an additional 27 shares during the period. Institutional investors own 85.47% of the company's stock.

Synopsys Stock Performance

Shares of SNPS opened at $384.97 on Friday. The firm's 50 day moving average is $401.13 and its 200-day moving average is $436.20. The stock has a market capitalization of $73.78 billion, a P/E ratio of 68.02, a P/E/G ratio of 2.11 and a beta of 1.23. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.34 and a quick ratio of 1.24. Synopsys, Inc. has a 12-month low of $362.55 and a 12-month high of $539.48.

Synopsys (NASDAQ:SNPS - Get Free Report) last issued its earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share for the quarter, topping analysts' consensus estimates of $3.67 by $0.24. The firm had revenue of $2.48 billion during the quarter, compared to analysts' expectations of $2.44 billion. Synopsys had a net margin of 11.43% and a return on equity of 6.24%. The firm's revenue for the quarter was up 42.4% compared to the same quarter last year. During the same period last year, the firm posted $3.39 earnings per share. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. Equities research analysts anticipate that Synopsys, Inc. will post 10.97 EPS for the current fiscal year.

Insider Buying and Selling at Synopsys

In other news, CEO Sassine Ghazi sold 14,604 shares of the company's stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $374.88, for a total transaction of $5,474,747.52. Following the completion of the sale, the chief executive officer directly owned 76,865 shares of the company's stock, valued at $28,815,151.20. This represents a 15.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Aart de Geus sold 24,641 shares of the stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $419.44, for a total value of $10,335,421.04. Following the completion of the transaction, the insider owned 120,443 shares of the company's stock, valued at $50,518,611.92. This trade represents a 16.98% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 89,245 shares of company stock valued at $37,992,919. Corporate insiders own 0.56% of the company's stock.

Wall Street Analyst Weigh In

SNPS has been the topic of a number of recent analyst reports. Berenberg Bank set a $633.00 price target on shares of Synopsys in a research report on Wednesday, May 27th. Weiss Ratings cut shares of Synopsys from a "hold (c)" rating to a "hold (c-)" rating in a report on Friday, September 11th. Bank of America upped 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. Needham & Company LLC reaffirmed a "buy" rating and set a $580.00 price target on shares of Synopsys in a research note on Thursday, August 27th. Finally, Morgan Stanley lowered their price target on Synopsys from $525.00 to $500.00 and set an "equal weight" rating on the stock in a research report on Wednesday, August 19th. Thirteen investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $562.67.

About Synopsys

Synopsys, Inc is a technology company that develops electronic design automation (EDA) software, semiconductor intellectual property (IP), and related services. Its products help semiconductor and electronics companies design, verify, test and manufacture integrated circuits and complex electronic systems.

The company's EDA portfolio includes tools for digital and analog design, simulation, verification, physical implementation, signoff and manufacturing preparation. Synopsys also provides reusable semiconductor IP, including processor cores, interface technologies, embedded memories and security-related components, which customers can incorporate into system-on-chip designs.

Synopsys additionally offers software integrity and application security solutions that help organizations identify and manage vulnerabilities and risks in the software development lifecycle.

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