Financial Management Professionals Inc. Increases Stock Holdings in Synopsys, Inc. $SNPS

Key Points

• Financial Management Professionals Inc. increased its Synopsys stake by 859.5% in the second quarter, bringing its holdings to 3,032 shares valued at approximately $1.35 million. Institutional investors collectively own 85.47% of Synopsys.
• Synopsys reported quarterly adjusted earnings of $3.35 per share and revenue of $2.28 billion, exceeding analyst estimates, while revenue rose 41.9% year over year. The stock recently traded at $411.68, down 1.0%.
• Analysts maintain a generally positive view, with a “Moderate Buy” consensus rating and an average price target of $570.06. Meanwhile, the CEO and CFO sold shares under pre-arranged Rule 10b5-1 plans, primarily for tax-related obligations.

Financial Management Professionals Inc. increased its stake in shares of Synopsys, Inc. (NASDAQ:SNPS - Free Report) by 859.5% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 3,032 shares of the semiconductor company's stock after acquiring an additional 2,716 shares during the period. Financial Management Professionals Inc.'s holdings in Synopsys were worth $1,352,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Legacy Wealth Asset Management LLC raised its stake in shares of Synopsys by 1.4% during the second quarter. Legacy Wealth Asset Management LLC now owns 3,623 shares of the semiconductor company's stock valued at $1,616,000 after purchasing an additional 51 shares during the period. Arista Wealth Management LLC purchased a new position in shares of Synopsys in the second quarter valued at $446,000. Everhart Financial Group Inc. grew its holdings in Synopsys by 4.9% during the 2nd quarter. Everhart Financial Group Inc. now owns 2,307 shares of the semiconductor company's stock valued at $1,029,000 after purchasing an additional 107 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its stake in Synopsys by 9.7% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 7,445 shares of the semiconductor company's stock worth $3,321,000 after buying an additional 657 shares during the period. Finally, Norway Savings Bank increased its stake in Synopsys by 42.3% during the 2nd quarter. Norway Savings Bank now owns 2,061 shares of the semiconductor company's stock worth $919,000 after buying an additional 613 shares during the period. Hedge funds and other institutional investors own 85.47% of the company's stock.

Synopsys Trading Down 1.0%

NASDAQ SNPS opened at $411.68 on Tuesday. Synopsys, Inc. has a 12 month low of $366.00 and a 12 month high of $628.89. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.43 and a quick ratio of 1.32. The company has a market capitalization of $78.83 billion, a price-to-earnings ratio of 95.30, a price-to-earnings-growth ratio of 2.44 and a beta of 1.23. The company's fifty day moving average price is $431.81 and its two-hundred day moving average price is $445.60.

Synopsys (NASDAQ:SNPS - Get Free Report) last released its earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share for the quarter, topping the consensus estimate of $3.15 by $0.20. The company had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.25 billion. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The company's revenue was up 41.9% on a year-over-year basis. During the same quarter in the previous year, the firm 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. As a group, research analysts predict that Synopsys, Inc. will post 10.65 earnings per share for the current fiscal year.

Analysts Set New Price Targets

SNPS has been the subject of a number of analyst reports. Benchmark initiated coverage on shares of Synopsys in a research report on Wednesday, July 15th. They issued a "buy" rating and a $570.00 price objective for the company. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Synopsys in a research report on Monday, June 8th. Robert W. Baird set a $558.00 price target on Synopsys in a research note on Thursday, May 28th. Morgan Stanley increased their price target on Synopsys from $480.00 to $525.00 and gave the company an "equal weight" rating in a report on Thursday, May 28th. Finally, Wells Fargo & Company raised their price objective on Synopsys from $505.00 to $535.00 and gave the company an "equal weight" rating in a research note on Thursday, May 28th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Synopsys has an average rating of "Moderate Buy" and an average price target of $570.06.

Insider Transactions at Synopsys

In other Synopsys news, CFO Shelagh Glaser sold 3,394 shares of the company's stock in a transaction that occurred 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 sale, the chief financial officer owned 14,358 shares in the company, valued at $6,461,387.16. This represents a 19.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available 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 the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $458.96, for a total value of $6,702,192.88. Following the transaction, the chief executive officer directly owned 75,020 shares in the company, valued at approximately $34,431,179.20. This represents a 16.29% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 currently owned by company 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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