AssuredPartners Investment Advisors LLC Makes New $2.74 Million Investment in Synopsys, Inc. $SNPS

Key Points

• AssuredPartners Investment Advisors acquired 6,149 Synopsys shares worth approximately $2.74 million in the second quarter. Institutional investors collectively own 85.47% of the company.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $563.59; Bank of America and Piper Sandler recently raised their targets.
• Synopsys reported quarterly revenue of $2.28 billion, up 41.9% year over year, and adjusted EPS of $3.35, exceeding expectations. The stock opened at $401.24, below its 50-day and 200-day moving averages.

AssuredPartners Investment Advisors LLC acquired a new stake in shares of Synopsys, Inc. (NASDAQ:SNPS - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 6,149 shares of the semiconductor company's stock, valued at approximately $2,743,000.

A number of other institutional investors have also recently made changes to their positions in SNPS. Johnson Financial Group Inc. bought a new position in Synopsys during the second quarter valued at approximately $296,000. West Family Investments Inc. bought a new position in shares of Synopsys during the 2nd quarter valued at approximately $565,000. NewEdge Wealth LLC purchased a new position in shares of Synopsys in the second quarter valued at $1,085,000. Great Lakes Advisors LLC purchased a new position in shares of Synopsys in the second quarter valued at $468,000. Finally, Danica Pension Livsforsikringsaktieselskab bought a new stake in Synopsys in the second quarter worth $3,716,000. Hedge funds and other institutional investors own 85.47% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have commented on SNPS shares. Benchmark reiterated a "buy" rating on shares of Synopsys in a research report on Wednesday. Weiss Ratings restated a "hold (c-)" rating on shares of Synopsys in a report on Monday, June 8th. Bank of America upped their target price on shares of Synopsys from $515.00 to $600.00 and gave the company a "buy" rating in a research report on Thursday, May 28th. Piper Sandler raised shares of Synopsys from a "neutral" rating to an "overweight" rating and increased their price target for the company from $450.00 to $550.00 in a report on Tuesday, June 23rd. Finally, KeyCorp reiterated an "overweight" rating on shares of Synopsys in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $563.59.

Synopsys Stock Down 0.8%

NASDAQ:SNPS opened at $401.24 on Thursday. The company has a market cap of $76.83 billion, a price-to-earnings ratio of 92.88, a price-to-earnings-growth ratio of 2.38 and a beta of 1.23. Synopsys, Inc. has a twelve month low of $366.00 and a twelve month high of $615.79. 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 stock has a fifty day simple moving average of $422.02 and a 200-day simple moving average of $440.99.

Synopsys (NASDAQ:SNPS - Get Free Report) last posted its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 EPS for the quarter, topping 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 firm had revenue of $2.28 billion for the quarter, compared to analysts' expectations of $2.25 billion. During the same period in the prior year, the business posted $3.67 earnings per share. The business's revenue for the quarter 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. Analysts anticipate that Synopsys, Inc. will post 10.65 EPS for the current year.

Insider Transactions at Synopsys

In other news, CFO Shelagh Glaser sold 3,394 shares of the firm's stock in a transaction that occurred on Friday, June 12th. The shares were 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 legal filing with the SEC, which can be accessed through this link. 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 that occurred on 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 directly owned 75,020 shares of the company's stock, valued at $34,431,179.20. This represents a 16.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 corporate insiders.

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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