Hardy Reed LLC Invests $1.36 Million in Synopsys, Inc. $SNPS

Key Points

• Hardy Reed LLC acquired 3,048 Synopsys shares worth approximately $1.36 million in the second quarter, while institutional investors collectively own 85.47% of the stock.
• Synopsys reported quarterly EPS of $3.35, beating estimates by $0.20, and revenue of $2.28 billion, up 41.9% year over year. The company issued FY 2026 EPS guidance of $14.72–$14.80.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $565.06 price target versus the reported share price of $421.50; however, the CEO and CFO recently sold shares under pre-arranged plans.

Hardy Reed LLC bought a new stake in Synopsys, Inc. (NASDAQ:SNPS - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 3,048 shares of the semiconductor company's stock, valued at approximately $1,360,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC boosted its position in shares of Synopsys by 5.7% in the fourth quarter. Brighton Jones LLC now owns 921 shares of the semiconductor company's stock worth $447,000 after buying an additional 50 shares during the period. Integrated Wealth Concepts LLC raised its holdings in shares of Synopsys by 11.6% during the 1st quarter. Integrated Wealth Concepts LLC now owns 760 shares of the semiconductor company's stock valued at $326,000 after buying an additional 79 shares during the period. NewEdge Advisors LLC raised its holdings in shares of Synopsys by 15.1% during the 1st quarter. NewEdge Advisors LLC now owns 3,010 shares of the semiconductor company's stock valued at $1,291,000 after buying an additional 395 shares during the period. WINTON GROUP Ltd lifted its position in Synopsys by 9.2% during the 2nd quarter. WINTON GROUP Ltd now owns 758 shares of the semiconductor company's stock worth $389,000 after acquiring an additional 64 shares in the last quarter. Finally, Treasurer of the State of North Carolina boosted its holdings in Synopsys by 2.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 72,095 shares of the semiconductor company's stock worth $36,962,000 after acquiring an additional 1,505 shares during the period. 85.47% of the stock is owned by hedge funds and other institutional investors.

Synopsys Trading Up 2.4%

SNPS opened at $421.50 on Friday. Synopsys, Inc. has a 12-month low of $366.00 and a 12-month high of $626.24. 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 stock has a market capitalization of $80.71 billion, a PE ratio of 97.57, a P/E/G ratio of 2.42 and a beta of 1.23. The firm's fifty day moving average price is $425.63 and its 200 day moving average price is $443.35.

Synopsys (NASDAQ:SNPS - Get Free Report) last announced its quarterly earnings data 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 analyst estimates of $2.25 billion. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The firm's revenue for the quarter was up 41.9% compared to the same quarter last year. During the same period last 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. As a group, research analysts expect that Synopsys, Inc. will post 10.65 EPS for the current fiscal year.

Synopsys News Roundup

Here are the key news stories impacting Synopsys this week:

• Positive Sentiment: A discounted-cash-flow analysis suggests Synopsys may be undervalued by approximately 26%, offering potential upside if the company converts strong AI and semiconductor-design demand into sustained cash-flow growth. Synopsys Stock May Be Cheap As Shares Fell 33%
• Positive Sentiment: Analysts and market commentators point to 42% revenue growth, raised guidance and Synopsys’ completed $35 billion acquisition as catalysts that could eventually support a recovery toward substantially higher price levels. These forecasts are speculative and depend on successful integration and continued AI-silicon spending. Prediction: Synopsys Will Hit $650 on This Date

Insiders Place Their Bets

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 completion of the transaction, the chief financial officer owned 14,358 shares of the company's stock, valued at $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 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 business's stock in a transaction on Monday, June 15th. The shares were sold at an average price of $458.96, for a total transaction of $6,702,192.88. Following the sale, the chief executive officer owned 75,020 shares of the company's stock, valued at approximately $34,431,179.20. The trade was 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. Insiders own 0.56% of the company's stock.

Analyst Ratings Changes

SNPS has been the subject of several recent research reports. Stifel Nicolaus increased their price objective on shares of Synopsys from $550.00 to $600.00 and gave the company a "buy" rating in a research report on Thursday, May 28th. Morgan Stanley upped their target price on shares of Synopsys from $480.00 to $525.00 and gave the company an "equal weight" rating in a research note on Thursday, May 28th. Piper Sandler raised shares of Synopsys from a "neutral" rating to an "overweight" rating and raised their price target for the company from $450.00 to $550.00 in a report on Tuesday, June 23rd. Benchmark initiated coverage on shares of Synopsys in a research note on Wednesday, July 15th. They set a "buy" rating and a $570.00 price target on the stock. Finally, Citigroup boosted their price objective on shares of Synopsys from $600.00 to $610.00 and gave the stock a "buy" rating in a report on Thursday, May 28th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $565.06.

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.

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