Carnegie Investment Counsel Sells 22,600 Shares of Synopsys, Inc. $SNPS

Key Points

• Carnegie Investment Counsel trimmed its Synopsys stake by 58.1% in Q4, selling 22,600 shares and leaving 16,304 shares valued at $7,658,000.
• Major institutions including Vanguard, Victory, Coatue, Capital Research and State Street increased positions, leaving Synopsys with 85.47% institutional ownership.
• Synopsys beat quarterly estimates with $3.77 EPS and $2.41B revenue, issued FY2026 EPS guidance of 14.380–14.460, and carries a mixed analyst consensus target of $531 (8 Buy / 8 Hold / 1 Sell).

Carnegie Investment Counsel trimmed its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS - Free Report) by 58.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,304 shares of the semiconductor company's stock after selling 22,600 shares during the period. Carnegie Investment Counsel's holdings in Synopsys were worth $7,658,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in SNPS. Vanguard Group Inc. increased its holdings in Synopsys by 20.7% in the 3rd quarter. Vanguard Group Inc. now owns 18,181,185 shares of the semiconductor company's stock worth $8,970,415,000 after acquiring an additional 3,120,401 shares during the last quarter. Victory Capital Management Inc. increased its holdings in Synopsys by 238.8% in the 3rd quarter. Victory Capital Management Inc. now owns 2,824,349 shares of the semiconductor company's stock worth $1,393,506,000 after acquiring an additional 1,990,608 shares during the last quarter. Coatue Management LLC purchased a new stake in Synopsys in the 3rd quarter worth about $892,605,000. Capital Research Global Investors increased its holdings in Synopsys by 226.6% in the 3rd quarter. Capital Research Global Investors now owns 2,524,512 shares of the semiconductor company's stock worth $1,245,533,000 after acquiring an additional 1,751,432 shares during the last quarter. Finally, State Street Corp increased its holdings in Synopsys by 20.6% in the 3rd quarter. State Street Corp now owns 8,760,358 shares of the semiconductor company's stock worth $4,322,273,000 after acquiring an additional 1,493,912 shares during the last quarter. 85.47% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Synopsys

In other news, insider Janet Lee sold 250 shares of the company's stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $530.00, for a total transaction of $132,500.00. Following the sale, the insider directly owned 11,959 shares in the company, valued at $6,338,270. This represents a 2.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.56% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on SNPS. Needham & Company LLC reissued a "buy" rating on shares of Synopsys in a report on Thursday, February 26th. Morgan Stanley reissued an "equal weight" rating and issued a $480.00 price objective (down from $550.00) on shares of Synopsys in a report on Wednesday, February 25th. Rosenblatt Securities decreased their price objective on Synopsys from $560.00 to $530.00 and set a "buy" rating for the company in a report on Thursday, February 26th. Wall Street Zen raised Synopsys from a "sell" rating to a "hold" rating in a report on Saturday, December 13th. Finally, The Goldman Sachs Group set a $600.00 price objective on Synopsys and gave the stock a "buy" rating in a report on Wednesday, February 25th. Eight equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Synopsys presently has an average rating of "Hold" and a consensus target price of $531.00.

Synopsys Trading Down 3.1%

Shares of SNPS opened at $392.24 on Friday. The business's 50-day moving average price is $421.60 and its 200-day moving average price is $447.02. Synopsys, Inc. has a twelve month low of $376.18 and a twelve month high of $651.73. The stock has a market cap of $75.14 billion, a PE ratio of 60.91, a P/E/G ratio of 3.20 and a beta of 1.15. The company has a quick ratio of 1.26, a current ratio of 1.36 and a debt-to-equity ratio of 0.33.

Synopsys (NASDAQ:SNPS - Get Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, beating the consensus estimate of $3.56 by $0.21. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.The firm had revenue of $2.41 billion for the quarter, compared to analysts' expectations of $2.39 billion. During the same period in the prior year, the business posted $3.03 earnings per share. The company's revenue was up 65.6% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. On average, equities analysts forecast that Synopsys, Inc. will post 10.64 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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