Comerica Bank Sells 2,858 Shares of Synopsys, Inc. $SNPS

Comerica Bank lessened its position in Synopsys, Inc. (NASDAQ:SNPS - Free Report) by 8.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 30,913 shares of the semiconductor company's stock after selling 2,858 shares during the period. Comerica Bank's holdings in Synopsys were worth $14,520,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of SNPS. Anchyra Partners LLC acquired a new position in shares of Synopsys in the fourth quarter valued at approximately $379,000. D.A. Davidson & CO. boosted its holdings in shares of Synopsys by 21.5% in the fourth quarter. D.A. Davidson & CO. now owns 6,943 shares of the semiconductor company's stock valued at $3,261,000 after buying an additional 1,228 shares during the period. Nichols & Pratt Advisers LLP MA boosted its holdings in shares of Synopsys by 108.4% in the fourth quarter. Nichols & Pratt Advisers LLP MA now owns 35,411 shares of the semiconductor company's stock valued at $16,633,000 after buying an additional 18,420 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Synopsys by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 18,464,862 shares of the semiconductor company's stock valued at $8,673,315,000 after buying an additional 283,677 shares during the period. Finally, Concurrent Investment Advisors LLC boosted its holdings in shares of Synopsys by 29.2% in the fourth quarter. Concurrent Investment Advisors LLC now owns 2,033 shares of the semiconductor company's stock valued at $954,000 after buying an additional 460 shares during the period. Institutional investors own 85.47% of the company's stock.

Synopsys Price Performance

Shares of SNPS opened at $483.89 on Wednesday. The firm has a market capitalization of $92.69 billion, a PE ratio of 75.14, a PEG ratio of 4.07 and a beta of 1.15. The company's 50-day moving average is $428.49 and its 200-day moving average is $445.21. Synopsys, Inc. has a fifty-two week low of $376.18 and a fifty-two week high of $651.73. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.36 and a quick ratio of 1.26.

Synopsys (NASDAQ:SNPS - Get Free Report) last issued its quarterly earnings data 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. The company had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.39 billion. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The company's revenue was up 65.6% on a year-over-year basis. During the same period in the prior year, the firm earned $3.03 earnings per share. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. Equities analysts forecast that Synopsys, Inc. will post 10.3 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on SNPS shares. Piper Sandler cut their price objective on shares of Synopsys from $520.00 to $430.00 and set a "neutral" rating on the stock in a research report on Thursday, February 26th. Rosenblatt Securities cut their price objective on shares of Synopsys from $560.00 to $530.00 and set a "buy" rating on the stock in a research report on Thursday, February 26th. HSBC lowered shares of Synopsys from a "buy" rating to a "hold" rating and set a $455.00 price objective on the stock. in a research report on Friday, February 20th. Weiss Ratings reissued a "hold (c)" rating on shares of Synopsys in a research report on Thursday, January 22nd. Finally, The Goldman Sachs Group set a $600.00 price objective on shares of Synopsys and gave the stock a "buy" rating in a research report on Wednesday, February 25th. Eight research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Synopsys currently has a consensus rating of "Hold" and a consensus target price of $531.00.

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.

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