National Pension Service Raises Position in Synopsys, Inc. $SNPS

National Pension Service boosted its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS - Free Report) by 1.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 470,136 shares of the semiconductor company's stock after buying an additional 8,748 shares during the period. National Pension Service owned approximately 0.25% of Synopsys worth $209,714,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

SNPS has been the topic of several research reports. Berenberg Bank set a $633.00 price objective on shares of Synopsys in a research report on Wednesday, May 27th. Piper Sandler raised Synopsys from a "neutral" rating to an "overweight" rating and increased their target price for the company from $450.00 to $550.00 in a research note on Tuesday, June 23rd. Morgan Stanley lowered their price target on Synopsys from $525.00 to $500.00 and set an "equal weight" rating on the stock in a research report on Wednesday, August 19th. Zacks Research lowered Synopsys from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 21st. Finally, Weiss Ratings upgraded Synopsys from a "hold (c-)" rating to a "hold (c)" rating in a research report on Thursday, August 27th. Thirteen equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Synopsys has a consensus rating of "Moderate Buy" and a consensus target price of $562.67.

Insider Buying and Selling

In other Synopsys news, CEO Sassine Ghazi sold 14,603 shares of the company's stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer owned 75,020 shares of the company's stock, valued at $34,431,179.20. This represents a 16.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 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, insider Aart de Geus sold 25,000 shares of the stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $441.76, for a total value of $11,044,000.00. Following the completion of the sale, the insider owned 120,421 shares of the company's stock, valued at approximately $53,197,180.96. This trade represents a 17.19% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 89,244 shares of company stock valued at $39,220,364 in the last ninety days. 0.56% of the stock is currently owned by corporate insiders.

Synopsys Price Performance

Shares of Synopsys stock opened at $397.17 on Friday. The firm has a market cap of $76.11 billion, a PE ratio of 70.17, a price-to-earnings-growth ratio of 2.16 and a beta of 1.23. Synopsys, Inc. has a 12-month low of $366.00 and a 12-month high of $539.48. The company has a quick ratio of 1.24, a current ratio of 1.34 and a debt-to-equity ratio of 0.29. The company's fifty day simple moving average is $408.09 and its two-hundred day simple moving average is $438.28.

Synopsys (NASDAQ:SNPS - Get Free Report) last issued its quarterly earnings data on Wednesday, August 26th. The semiconductor company reported $3.91 EPS for the quarter, beating the consensus estimate of $3.67 by $0.24. The firm had revenue of $2.48 billion during the quarter, compared to the consensus estimate of $2.44 billion. Synopsys had a net margin of 11.43% and a return on equity of 6.24%. The company's quarterly revenue was up 42.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.39 earnings per share. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. As a group, equities analysts expect that Synopsys, Inc. will post 10.97 EPS for the current year.

Synopsys Profile

Synopsys, Inc is a technology company that develops electronic design automation (EDA) software, semiconductor intellectual property (IP), and related services. Its products help semiconductor and electronics companies design, verify, test and manufacture integrated circuits and complex electronic systems.

The company's EDA portfolio includes tools for digital and analog design, simulation, verification, physical implementation, signoff and manufacturing preparation. Synopsys also provides reusable semiconductor IP, including processor cores, interface technologies, embedded memories and security-related components, which customers can incorporate into system-on-chip designs.

Synopsys additionally offers software integrity and application security solutions that help organizations identify and manage vulnerabilities and risks in the software development lifecycle.

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