Pictet Asset Management Holding SA Sells 1,332,153 Shares of Synopsys, Inc. $SNPS

Key Points

• Pictet Asset Management cut its Synopsys stake by 56.7%, selling 1,332,153 shares in Q4 and now holds 1,017,686 shares (~0.53% of the company) valued at about $478.17 million.
• Synopsys beat Q4 estimates with $3.77 EPS (vs. $3.56 expected) and $2.41B revenue (up 65.6% YoY), and issued FY2026 guidance of EPS 14.38–14.46 and Q2 guidance of 3.11–3.17.
• Analysts are mixed: MarketBeat's consensus is a "Hold" with an average target of $531, and recent broker notes show several price-target cuts alongside a split of 8 Buy, 8 Hold and 1 Sell ratings.

Pictet Asset Management Holding SA lowered its stake in shares of Synopsys, Inc. (NASDAQ:SNPS - Free Report) by 56.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,017,686 shares of the semiconductor company's stock after selling 1,332,153 shares during the period. Pictet Asset Management Holding SA owned approximately 0.53% of Synopsys worth $478,165,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Alpine Bank Wealth Management boosted its stake in Synopsys by 89.3% during the third quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company's stock worth $26,000 after acquiring an additional 25 shares in the last quarter. TFC Financial Management Inc. grew its stake in Synopsys by 1,250.0% in the third quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company's stock valued at $27,000 after acquiring an additional 50 shares during the period. Millstone Evans Group LLC acquired a new position in shares of Synopsys during the third quarter worth approximately $27,000. SOA Wealth Advisors LLC. bought a new position in shares of Synopsys in the 3rd quarter worth $28,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Synopsys in the 4th quarter worth $28,000. 85.47% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

SNPS has been the subject of a number of recent research reports. Needham & Company LLC restated a "buy" rating on shares of Synopsys in a research note on Thursday, February 26th. Piper Sandler dropped their price objective on shares of Synopsys from $520.00 to $430.00 and set a "neutral" rating on the stock in a research note on Thursday, February 26th. Morgan Stanley reiterated an "equal weight" rating and set a $480.00 price objective (down from $550.00) on shares of Synopsys in a report on Wednesday, February 25th. 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. Finally, HSBC downgraded Synopsys from a "buy" rating to a "hold" rating and set a $455.00 price target for the company. in a research note on Friday, February 20th. Eight research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $531.00.

Synopsys Stock Performance

SNPS stock opened at $500.82 on Monday. Synopsys, Inc. has a 1 year low of $376.18 and a 1 year high of $651.73. The stock's fifty day moving average price is $426.02 and its 200-day moving average price is $444.79. 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 company has a market cap of $95.94 billion, a P/E ratio of 77.77, a price-to-earnings-growth ratio of 4.09 and a beta of 1.15.

Synopsys (NASDAQ:SNPS - Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, topping the consensus estimate 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 company's revenue was up 65.6% compared to the same quarter last year. During the same quarter last year, the company 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.

About Synopsys

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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