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SBI Okasan Asset Management Co.Ltd. Makes New $1.70 Million Investment in Synopsys, Inc. $SNPS

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Key Points

  • SBI Okasan Asset Management disclosed a new position in Synopsys, buying 3,547 shares worth about $1.7 million in the fourth quarter.
  • Synopsys reported better-than-expected quarterly results, with EPS of $3.35 and revenue of $2.28 billion, and it also raised guidance for the full year and next quarter.
  • Wall Street remains divided, but several analysts raised price targets after the results; the stock currently has a Hold consensus and an average target price of about $563.81.
  • MarketBeat previews the top five stocks to own by June 1st.

SBI Okasan Asset Management Co.Ltd. purchased a new position in shares of Synopsys, Inc. (NASDAQ:SNPS - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 3,547 shares of the semiconductor company's stock, valued at approximately $1,699,000.

Several other hedge funds and other institutional investors have also made changes to their positions in SNPS. Brighton Jones LLC lifted its position in shares of Synopsys by 5.7% in the fourth quarter. Brighton Jones LLC now owns 921 shares of the semiconductor company's stock valued at $447,000 after acquiring an additional 50 shares in the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of Synopsys by 11.6% in the first quarter. Integrated Wealth Concepts LLC now owns 760 shares of the semiconductor company's stock valued at $326,000 after acquiring an additional 79 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Synopsys by 15.1% in the first quarter. NewEdge Advisors LLC now owns 3,010 shares of the semiconductor company's stock valued at $1,291,000 after acquiring an additional 395 shares in the last quarter. WINTON GROUP Ltd lifted its position in shares of Synopsys by 9.2% in the second quarter. WINTON GROUP Ltd now owns 758 shares of the semiconductor company's stock valued at $389,000 after acquiring an additional 64 shares in the last quarter. Finally, Treasurer of the State of North Carolina lifted its position in shares of Synopsys by 2.1% in the second quarter. Treasurer of the State of North Carolina now owns 72,095 shares of the semiconductor company's stock valued at $36,962,000 after acquiring an additional 1,505 shares in the last quarter. Hedge funds and other institutional investors own 85.47% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. KeyCorp restated an "overweight" rating on shares of Synopsys in a research report on Thursday. Morgan Stanley raised their target price on Synopsys from $480.00 to $525.00 and gave the company an "equal weight" rating in a research report on Thursday. Stifel Nicolaus raised their target price on Synopsys from $550.00 to $600.00 and gave the company a "buy" rating in a research report on Thursday. Wells Fargo & Company increased their price target on Synopsys from $505.00 to $535.00 and gave the company an "equal weight" rating in a report on Thursday. Finally, Berenberg Bank set a $633.00 price target on Synopsys in a report on Wednesday. Nine research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $563.81.

View Our Latest Research Report on SNPS

Synopsys Price Performance

NASDAQ:SNPS opened at $480.64 on Friday. Synopsys, Inc. has a one year low of $376.18 and a one year 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 stock has a market cap of $92.07 billion, a PE ratio of 111.26, a P/E/G ratio of 4.31 and a beta of 1.25. The stock has a 50 day moving average price of $458.59 and a 200 day moving average price of $454.30.

Synopsys (NASDAQ:SNPS - Get Free Report) last posted its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 EPS for the quarter, beating the consensus estimate of $3.15 by $0.20. Synopsys had a return on equity of 5.91% and a net margin of 8.91%.The firm had revenue of $2.28 billion during the quarter, compared to analysts' expectations of $2.25 billion. During the same quarter last year, the firm earned $3.67 earnings per share. The business's revenue for the quarter was up 41.9% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. Equities research analysts expect that Synopsys, Inc. will post 10.28 EPS for the current fiscal year.

Key Synopsys News

Here are the key news stories impacting Synopsys this week:

About Synopsys

(Free Report)

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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Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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.

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