Nicholas Company Inc. Buys 8,615 Shares of Synopsys, Inc. $SNPS

Key Points

• Nicholas Company Inc. increased its Synopsys stake by 6.8% in the fourth quarter, buying 8,615 shares and bringing its total holding to 135,317 shares worth about $63.6 million.
• Other institutional investors also adjusted positions in Synopsys, and overall institutional ownership stands at 85.47% of the company’s shares.
• Analyst sentiment is mixed: Synopsys has a consensus Hold rating with an average price target of $531, even as the company recently beat earnings and revenue estimates for the quarter.

Nicholas Company Inc. boosted its stake in shares of Synopsys, Inc. (NASDAQ:SNPS - Free Report) by 6.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 135,317 shares of the semiconductor company's stock after buying an additional 8,615 shares during the period. Synopsys makes up about 1.1% of Nicholas Company Inc.'s investment portfolio, making the stock its 28th largest holding. Nicholas Company Inc. owned 0.07% of Synopsys worth $63,561,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Sowell Financial Services LLC increased its position in Synopsys by 2.0% during the 4th quarter. Sowell Financial Services LLC now owns 1,056 shares of the semiconductor company's stock valued at $496,000 after buying an additional 21 shares in the last quarter. Natural Investments LLC increased its position in Synopsys by 4.6% during the 4th quarter. Natural Investments LLC now owns 482 shares of the semiconductor company's stock valued at $226,000 after buying an additional 21 shares in the last quarter. Financial Management Professionals Inc. boosted its stake in Synopsys by 7.0% during the 4th quarter. Financial Management Professionals Inc. now owns 335 shares of the semiconductor company's stock valued at $157,000 after purchasing an additional 22 shares during the last quarter. Foronjy Financial LLC boosted its stake in Synopsys by 5.2% during the 4th quarter. Foronjy Financial LLC now owns 446 shares of the semiconductor company's stock valued at $210,000 after purchasing an additional 22 shares during the last quarter. Finally, Barden Capital Management Inc. boosted its stake in Synopsys by 1.2% during the 4th quarter. Barden Capital Management Inc. now owns 1,868 shares of the semiconductor company's stock valued at $877,000 after purchasing an additional 23 shares during the last quarter. Institutional investors own 85.47% of the company's stock.

Analysts Set New Price Targets

SNPS has been the topic of several recent analyst reports. Needham & Company LLC reiterated a "buy" rating on shares of Synopsys in a research note on Thursday, February 26th. Rosenblatt Securities cut their target price on Synopsys from $560.00 to $530.00 and set a "buy" rating on the stock in a research note on Thursday, February 26th. The Goldman Sachs Group set a $600.00 target price on Synopsys and gave the company a "buy" rating in a research note on Wednesday, February 25th. Wells Fargo & Company cut their target price on Synopsys from $500.00 to $450.00 and set an "equal weight" rating on the stock in a research note on Thursday, February 26th. Finally, Piper Sandler cut their target price on Synopsys from $520.00 to $430.00 and set a "neutral" rating on the stock in a research note on Thursday, February 26th. Eight investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $531.00.

Synopsys Stock Performance

SNPS stock opened at $516.48 on Monday. The company has a market cap of $98.94 billion, a P/E ratio of 80.20, a price-to-earnings-growth ratio of 4.22 and a beta of 1.25. Synopsys, Inc. has a 1 year low of $376.18 and a 1 year high of $651.73. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.36 and a quick ratio of 1.26. The stock's fifty day moving average price is $434.28 and its 200-day moving average price is $447.04.

Synopsys (NASDAQ:SNPS - Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.56 by $0.21. The firm had revenue of $2.41 billion for the quarter, compared to the consensus estimate of $2.39 billion. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.The company's revenue for the quarter was up 65.6% on a year-over-year basis. During the same period last year, the business posted $3.03 EPS. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. On average, equities analysts forecast that Synopsys, Inc. will post 10.3 earnings per share for the current year.

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.

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.