Deutsche Bank AG Makes New $372.24 Million Investment in Synopsys, Inc. $SNPS

Key Points

• Deutsche Bank initiated a $372.24 million position in Synopsys during the second quarter, acquiring 834,494 shares, or approximately 0.44% of the company. Institutional investors collectively own 85.47% of Synopsys.
• Synopsys CEO Sassine Ghazi and CFO Shelagh Glaser sold shares under pre-arranged Rule 10b5-1 plans, primarily to cover tax obligations; insiders now own 0.56% of the stock.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $565.06 target price. Synopsys recently beat quarterly earnings and revenue estimates, reporting $3.35 EPS and $2.28 billion in revenue.

Deutsche Bank AG bought a new position in Synopsys, Inc. (NASDAQ:SNPS - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 834,494 shares of the semiconductor company's stock, valued at approximately $372,243,000. Deutsche Bank AG owned about 0.44% of Synopsys at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Synopsys in the 2nd quarter worth about $747,400,000. China Universal Asset Management Co. Ltd. increased its position in shares of Synopsys by 31.8% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 14,810 shares of the semiconductor company's stock valued at $6,957,000 after buying an additional 3,575 shares during the period. Norges Bank bought a new position in Synopsys in the fourth quarter worth about $730,197,000. SBI Okasan Asset Management Co.Ltd. bought a new position in Synopsys in the fourth quarter worth about $1,699,000. Finally, Mizuho Markets Americas LLC purchased a new stake in Synopsys in the first quarter worth about $20,182,000. Institutional investors own 85.47% of the company's stock.

Insiders Place Their Bets

In other news, CEO Sassine Ghazi sold 14,603 shares of Synopsys stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $458.96, for a total transaction of $6,702,192.88. Following the transaction, the chief executive officer directly owned 75,020 shares of the company's stock, valued at $34,431,179.20. The trade was a 16.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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. Also, CFO Shelagh Glaser sold 3,394 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $450.02, for a total transaction of $1,527,367.88. Following the completion of the sale, 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. 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. 0.56% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms recently weighed in on SNPS. Bank of America lifted their price target on Synopsys from $515.00 to $600.00 and gave the company a "buy" rating in a research report on Thursday, May 28th. KeyCorp reissued an "overweight" rating on shares of Synopsys in a research report on Thursday, May 28th. Weiss Ratings reissued a "hold (c-)" rating on shares of Synopsys in a research report on Monday, June 8th. Morgan Stanley boosted their target price on shares of Synopsys from $480.00 to $525.00 and gave the company an "equal weight" rating in a report on Thursday, May 28th. Finally, Berenberg Bank set a $633.00 target price on shares of Synopsys in a research report on Wednesday, May 27th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $565.06.

Synopsys Stock Down 2.0%

Synopsys stock opened at $413.22 on Tuesday. The firm has a market cap of $79.12 billion, a price-to-earnings ratio of 95.65, a PEG ratio of 2.48 and a beta of 1.23. The stock has a fifty day simple moving average of $424.42 and a two-hundred day simple moving average of $442.30. Synopsys, Inc. has a 12 month low of $366.00 and a 12 month high of $626.24. The company has a current ratio of 1.43, a quick ratio of 1.32 and a debt-to-equity ratio of 0.33.

Synopsys (NASDAQ:SNPS - Get Free Report) last posted its earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.15 by $0.20. The business had revenue of $2.28 billion for the quarter, compared to analysts' expectations of $2.25 billion. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The business's revenue for the quarter was up 41.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.67 EPS. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. Equities analysts predict that Synopsys, Inc. will post 10.65 EPS for the current fiscal year.

Synopsys Company 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.

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