Park Avenue Securities LLC Sells 4,250 Shares of Synopsys, Inc. $SNPS

Key Points

• Park Avenue Securities LLC trimmed its Synopsys (SNPS) stake by 31% in Q4, selling 4,250 shares and leaving it with 9,452 shares valued at about $4.44 million.
• Synopsys beat expectations in its latest quarter with $3.77 EPS vs. $3.56 expected and $2.41B in revenue (up 65.6% YoY), and set FY2026 guidance of $14.38–14.46 EPS and Q2 guidance of $3.11–3.17.
• Analysts are mixed: MarketBeat's consensus is a Hold with an average target of $531, while Morgan Stanley and Wells Fargo recently lowered their targets to $480 and $450 respectively, and institutional investors own about 85% of the stock.

Park Avenue Securities LLC reduced its holdings in Synopsys, Inc. (NASDAQ:SNPS - Free Report) by 31.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,452 shares of the semiconductor company's stock after selling 4,250 shares during the period. Park Avenue Securities LLC's holdings in Synopsys were worth $4,440,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of Synopsys by 20.7% in the 3rd quarter. Vanguard Group Inc. now owns 18,181,185 shares of the semiconductor company's stock valued at $8,970,415,000 after acquiring an additional 3,120,401 shares during the last quarter. State Street Corp grew its position in Synopsys by 20.6% in the third quarter. State Street Corp now owns 8,760,358 shares of the semiconductor company's stock worth $4,322,273,000 after acquiring an additional 1,493,912 shares in the last quarter. Victory Capital Management Inc. increased its stake in Synopsys by 238.8% during the third quarter. Victory Capital Management Inc. now owns 2,824,349 shares of the semiconductor company's stock worth $1,393,506,000 after acquiring an additional 1,990,608 shares during the last quarter. Ameriprise Financial Inc. raised its position in Synopsys by 29.1% during the second quarter. Ameriprise Financial Inc. now owns 2,598,874 shares of the semiconductor company's stock valued at $1,333,095,000 after purchasing an additional 585,494 shares during the period. Finally, Capital Research Global Investors raised its position in Synopsys by 226.6% during the third quarter. Capital Research Global Investors now owns 2,524,512 shares of the semiconductor company's stock valued at $1,245,533,000 after purchasing an additional 1,751,432 shares during the period. 85.47% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Morgan Stanley reiterated an "equal weight" rating and issued a $480.00 target price (down from $550.00) on shares of Synopsys in a report on Wednesday, February 25th. Wells Fargo & Company decreased their price target on Synopsys from $500.00 to $450.00 and set an "equal weight" rating on the stock in a report on Thursday, February 26th. Weiss Ratings restated a "hold (c)" rating on shares of Synopsys in a research report on Thursday, January 22nd. Needham & Company LLC reaffirmed a "buy" rating on shares of Synopsys in a research note on Thursday, February 26th. Finally, Citigroup started coverage on shares of Synopsys in a research report on Monday, November 24th. They set a "buy" rating and a $580.00 price objective on the stock. Eight equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $531.00.

Synopsys Price Performance

Shares of SNPS stock opened at $420.32 on Friday. Synopsys, Inc. has a 52-week low of $365.74 and a 52-week high of $651.73. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.26 and a current ratio of 1.36. The firm has a market capitalization of $80.52 billion, a P/E ratio of 65.27, a P/E/G ratio of 3.42 and a beta of 1.15. The stock has a 50 day moving average price of $453.33 and a 200 day moving average price of $457.49.

Synopsys (NASDAQ:SNPS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The semiconductor company reported $3.77 EPS for the quarter, beating the consensus estimate of $3.56 by $0.21. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.The company had revenue of $2.41 billion for the quarter, compared to the consensus estimate of $2.39 billion. During the same quarter in the prior year, the company posted $3.03 EPS. Synopsys's quarterly revenue was up 65.6% on a year-over-year basis. 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, sell-side analysts predict that Synopsys, Inc. will post 10.64 earnings per share for the current year.

Insider Activity at Synopsys

In other news, insider Janet Lee sold 250 shares of the company's stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $530.00, for a total value of $132,500.00. Following the transaction, the insider directly owned 11,959 shares in the company, valued at approximately $6,338,270. This represents a 2.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.56% of the company's stock.

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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