Horizon Investments LLC Sells 3,710 Shares of Synopsys, Inc. $SNPS

Key Points

• Horizon Investments cut its stake in Synopsys by 35.8%, selling 3,710 shares and leaving 6,666 shares worth about $3.13 million per its latest SEC filing.
• Synopsys beat Q4 estimates with EPS of $3.77 (vs. $3.56 expected) and revenue of $2.41 billion (up 65.6% year‑over‑year), and issued FY2026 EPS guidance of 14.380–14.460 and Q2 guidance of 3.110–3.170.
• Wall Street is mixed: the consensus rating is a Hold with a $531 price target (8 Buy / 8 Hold / 1 Sell), while the stock trades around a $95.3 billion market cap with a P/E of ~77.25.

Horizon Investments LLC cut its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS - Free Report) by 35.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,666 shares of the semiconductor company's stock after selling 3,710 shares during the quarter. Horizon Investments LLC's holdings in Synopsys were worth $3,131,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. TFC Financial Management Inc. increased its holdings in shares of Synopsys by 1,250.0% during the third quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company's stock worth $27,000 after purchasing an additional 50 shares during the period. Millstone Evans Group LLC bought a new position in shares of Synopsys during the third quarter worth approximately $27,000. McIlrath & Eck LLC bought a new position in shares of Synopsys during the third quarter worth approximately $29,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Synopsys during the fourth quarter worth approximately $28,000. Finally, North Star Investment Management Corp. bought a new position in shares of Synopsys during the third quarter worth approximately $34,000. 85.47% of the stock is owned by institutional investors.

Synopsys Stock Performance

Shares of NASDAQ:SNPS opened at $497.50 on Tuesday. The company's 50 day simple moving average is $430.07 and its 200 day simple moving average is $445.71. The stock has a market capitalization of $95.30 billion, a price-to-earnings ratio of 77.25, a price-to-earnings-growth ratio of 3.99 and a beta of 1.25. 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, Inc. has a 1 year low of $376.18 and a 1 year high of $651.73.

Synopsys (NASDAQ:SNPS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.56 by $0.21. The business had revenue of $2.41 billion for the quarter, compared to analysts' expectations of $2.39 billion. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The firm's quarterly revenue was up 65.6% compared to the same quarter last year. During the same period last year, the firm posted $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. As a group, research analysts predict that Synopsys, Inc. will post 10.3 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on SNPS. Rosenblatt Securities lowered their target price on shares of Synopsys from $560.00 to $530.00 and set a "buy" rating on the stock in a report on Thursday, February 26th. Piper Sandler lowered their target price on shares of Synopsys from $520.00 to $430.00 and set a "neutral" rating on the stock in a report on Thursday, February 26th. Needham & Company LLC reissued a "buy" rating on shares of Synopsys in a research note on Thursday, February 26th. Weiss Ratings reissued a "hold (c)" rating on shares of Synopsys in a research note on Thursday, January 22nd. Finally, The Goldman Sachs Group set a $600.00 price objective on shares of Synopsys and gave the company a "buy" rating in a research note on Wednesday, February 25th. Eight analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $531.00.

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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