Beacon Pointe Advisors LLC Takes Position in Synopsys, Inc. $SNPS

Key Points

• Beacon Pointe Advisors acquired 2,316 Synopsys shares worth approximately $1.03 million in the second quarter. Institutional investors collectively own 85.47% of SNPS.
• Synopsys exceeded quarterly expectations, reporting $3.91 in EPS and $2.48 billion in revenue, with revenue rising 42.4% year over year. The company issued fiscal 2026 EPS guidance of $15.04–$15.10.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and a $561.28 price target versus the stock’s $439.59 opening price. However, insiders sold approximately $19.4 million of shares over the past 90 days.

Beacon Pointe Advisors LLC acquired a new position in Synopsys, Inc. (NASDAQ:SNPS - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,316 shares of the semiconductor company's stock, valued at approximately $1,033,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Pin Oak Investment Advisors Inc. purchased a new stake in shares of Synopsys in the 2nd quarter worth $39,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in shares of Synopsys during the second quarter valued at $524,000. Rakuten Investment Management Inc. bought a new stake in shares of Synopsys in the second quarter valued at about $20,393,000. North Star Asset Management Inc. bought a new stake in shares of Synopsys in the second quarter valued at about $29,075,000. Finally, Empowered Funds LLC purchased a new stake in Synopsys in the second quarter worth about $12,238,000. 85.47% of the stock is owned by institutional investors.

Insider Activity at Synopsys

In other Synopsys news, CFO Shelagh Glaser sold 3,394 shares of Synopsys stock in a transaction on Friday, June 12th. The shares were sold at an average price of $450.02, for a total value 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. The trade was a 19.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Geus Aart De sold 25,000 shares of the company's stock in a transaction on Friday, August 28th. The stock was sold at an average price of $445.55, for a total value of $11,138,750.00. Following the transaction, the insider directly owned 120,421 shares in the company, valued at approximately $53,653,576.55. The trade was a 17.19% decrease in their ownership of the stock. 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. Insiders sold 42,997 shares of company stock valued at $19,368,311 over the last 90 days. Insiders own 0.56% of the company's stock.

Synopsys Price Performance

SNPS opened at $439.59 on Tuesday. The firm has a market capitalization of $84.24 billion, a PE ratio of 77.67, a price-to-earnings-growth ratio of 2.42 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. The business's 50-day moving average is $416.14 and its two-hundred day moving average is $440.15. Synopsys, Inc. has a 1 year low of $366.00 and a 1 year high of $615.79.

Synopsys (NASDAQ:SNPS - Get Free Report) last released its quarterly earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 EPS for the quarter, beating the consensus estimate of $3.67 by $0.24. Synopsys had a net margin of 11.43% and a return on equity of 6.24%. The business had revenue of $2.48 billion during the quarter, compared to analyst estimates of $2.44 billion. During the same period in the prior year, the firm posted $3.39 earnings per share. The company's quarterly revenue was up 42.4% on a year-over-year basis. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. Research analysts anticipate that Synopsys, Inc. will post 11.03 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

SNPS has been the topic of several recent research reports. Zacks Research cut shares of Synopsys from a "strong-buy" rating to a "hold" rating in a report on Friday, August 21st. Citigroup boosted their price target on shares of Synopsys from $600.00 to $610.00 and gave the company a "buy" rating in a report on Thursday, May 28th. Bank of America increased their price objective on shares of Synopsys from $515.00 to $600.00 and gave the company a "buy" rating in a research note on Thursday, May 28th. KeyCorp reissued an "overweight" rating on shares of Synopsys in a report on Wednesday, August 19th. Finally, Piper Sandler raised shares of Synopsys from a "neutral" rating to an "overweight" rating and boosted their price objective for the stock from $450.00 to $550.00 in a research note on Tuesday, June 23rd. Twelve research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $561.28.

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.

Want to see what other hedge funds are holding SNPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Synopsys, Inc. (NASDAQ:SNPS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source