State of Alaska Department of Revenue Sells 5,475 Shares of Synopsys, Inc. $SNPS

Key Points

• State of Alaska Department of Revenue reduced its Synopsys stake by 19.4%, selling 5,475 shares and retaining 22,747 shares valued at $10.684 million.
• Synopsys beat Q4 estimates — EPS $3.77 vs $3.56 and revenue $2.41B vs $2.39B — and issued FY2026 guidance of 14.38–14.46 EPS (Q2: 3.11–3.17).
• Institutional investors own 85.47% of SNPS, with major funds (Vanguard, State Street, Victory Capital, Capital Research) increasing stakes, while analysts are split and the consensus rating is "Hold" with an average target of $531.

State of Alaska Department of Revenue decreased its position in Synopsys, Inc. (NASDAQ:SNPS - Free Report) by 19.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,747 shares of the semiconductor company's stock after selling 5,475 shares during the quarter. State of Alaska Department of Revenue's holdings in Synopsys were worth $10,684,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. grew its stake 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 buying an additional 3,120,401 shares in the last quarter. State Street Corp grew its stake in shares of Synopsys by 20.6% in the 3rd quarter. State Street Corp now owns 8,760,358 shares of the semiconductor company's stock valued at $4,322,273,000 after buying an additional 1,493,912 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of Synopsys by 238.8% in the 3rd quarter. Victory Capital Management Inc. now owns 2,824,349 shares of the semiconductor company's stock valued at $1,393,506,000 after buying an additional 1,990,608 shares in the last quarter. Capital Research Global Investors grew its stake in shares of Synopsys by 226.6% in the 3rd quarter. Capital Research Global Investors now owns 2,524,512 shares of the semiconductor company's stock valued at $1,245,533,000 after buying an additional 1,751,432 shares in the last quarter. Finally, Van ECK Associates Corp grew its stake in shares of Synopsys by 15.3% in the 3rd quarter. Van ECK Associates Corp now owns 2,216,908 shares of the semiconductor company's stock valued at $1,093,800,000 after buying an additional 293,784 shares in the last quarter. Institutional investors own 85.47% of the company's stock.

Analysts Set New Price Targets

SNPS has been the subject of several recent research reports. The Goldman Sachs Group set a $600.00 price target on Synopsys and gave the company a "buy" rating in a research note on Wednesday, February 25th. Morgan Stanley restated 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. Needham & Company LLC restated a "buy" rating on shares of Synopsys in a report on Thursday, February 26th. Weiss Ratings restated a "hold (c)" rating on shares of Synopsys in a report on Thursday, January 22nd. Finally, HSBC lowered Synopsys from a "buy" rating to a "hold" rating and set a $455.00 target price for the company. in a report on Friday, February 20th. Eight equities 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.com, the company has an average rating of "Hold" and a consensus target price of $531.00.

Synopsys Stock Up 6.5%

SNPS opened at $417.77 on Tuesday. The business has a 50 day moving average price of $420.80 and a 200 day moving average price of $446.38. Synopsys, Inc. has a twelve month low of $376.18 and a twelve month 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 cap of $80.03 billion, a P/E ratio of 64.87, a price-to-earnings-growth ratio of 3.20 and a beta of 1.15.

Synopsys (NASDAQ:SNPS - Get Free Report) last posted its 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. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.The firm had revenue of $2.41 billion during the quarter, compared to analyst estimates of $2.39 billion. During the same period in the previous year, the company earned $3.03 EPS. The company's revenue for the quarter 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. Research analysts forecast that Synopsys, Inc. will post 10.64 EPS for the current year.

Synopsys Company 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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