Synopsys, Inc. $SNPS Shares Acquired by Wealth Enhancement Advisory Services LLC

Key Points

• Wealth Enhancement Advisory Services LLC increased its Synopsys stake by 175.9% in the second quarter, adding 20,786 shares to hold 32,601 shares valued at approximately $13.4 million. Institutional investors collectively own 85.47% of SNPS.
• Synopsys reported quarterly EPS of $3.35, beating estimates of $3.15, while revenue rose 41.9% year over year to $2.28 billion. The company is also expanding its AI-focused chip-design and engineering software offerings.
• Analyst sentiment remains generally positive, with a “Moderate Buy” consensus and an average price target of $565.06, although Wells Fargo cut its target to $450 and CEO Sassine Ghazi and CFO Shelagh Glaser sold shares under pre-arranged trading plans.

Wealth Enhancement Advisory Services LLC boosted its holdings in Synopsys, Inc. (NASDAQ:SNPS - Free Report) by 175.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 32,601 shares of the semiconductor company's stock after buying an additional 20,786 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in Synopsys were worth $13,393,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of SNPS. Norges Bank bought a new stake in shares of Synopsys during the 4th quarter worth $730,197,000. State Street Corp raised its position in shares of Synopsys by 20.6% during the third quarter. State Street Corp now owns 8,760,358 shares of the semiconductor company's stock worth $4,322,273,000 after purchasing an additional 1,493,912 shares during the period. Farallon Capital Management LLC acquired a new stake in shares of Synopsys during the fourth quarter worth $469,344,000. Assenagon Asset Management S.A. lifted its holdings in shares of Synopsys by 39.5% during the second quarter. Assenagon Asset Management S.A. now owns 2,455,402 shares of the semiconductor company's stock valued at $1,095,281,000 after purchasing an additional 695,146 shares during the last quarter. Finally, Primecap Management Co. CA lifted its holdings in shares of Synopsys by 743.6% during the fourth quarter. Primecap Management Co. CA now owns 734,800 shares of the semiconductor company's stock valued at $345,150,000 after purchasing an additional 647,700 shares during the last quarter. Institutional investors own 85.47% of the company's stock.

Insider Buying and Selling

In other Synopsys news, CEO Sassine Ghazi sold 14,603 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $458.96, for a total value of $6,702,192.88. Following the completion of the sale, the chief executive officer owned 75,020 shares in the company, valued at $34,431,179.20. This represents a 16.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Shelagh Glaser sold 3,394 shares of Synopsys stock in a transaction on Friday, June 12th. The shares were sold at an average price of $450.02, for a total transaction of $1,527,367.88. Following the sale, the chief financial officer directly owned 14,358 shares of the company's stock, valued at $6,461,387.16. This trade represents a 19.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.56% of the stock is owned by corporate insiders.

Synopsys News Summary

Here are the key news stories impacting Synopsys this week:

• Positive Sentiment: Synopsys is expanding its use of AI in chip design, verification and simulation. These tools can improve engineering productivity and reinforce the company’s role in the semiconductor supply chain as demand for AI chips grows. Can SNPS Leverage AI to Accelerate Chip Design and Drive Growth?
• Positive Sentiment: The company is making a major push into agentic AI engineering software, developed in collaboration with Nvidia. The technology could create new growth opportunities by automating portions of chip-to-system development and strengthening Synopsys’ exposure to AI infrastructure. Synopsys Bets Big on Agentic AI
• Positive Sentiment: Despite a recent decline in the shares, analysts and market commentary continue to point to Synopsys’ recurring revenue base, AI exposure and Ansys acquisition as supports for longer-term growth. Its latest reported quarter also included revenue growth of 41.9% year over year and an earnings beat.
• Positive Sentiment: The broader Nvidia-led AI ecosystem remains a potential tailwind for Synopsys because the company provides software used to design and validate advanced chips. Nvidia’s expanding influence in AI investment and data centers could increase demand for semiconductor design tools. Nvidia Will Be the World’s First $10 Trillion Company
• Neutral Sentiment: Synopsys announced that General Counsel Janet Lee will step down, with Cor... identified as part of the transition. The leadership change may receive limited market attention unless additional details indicate an operational or governance concern. Synopsys Announces Transition of General Counsel Role
• Neutral Sentiment: An average analyst price target of $570.06 suggests substantial potential upside, but the figure does not represent a new rating or estimate revision and therefore may have limited immediate impact.
• Negative Sentiment: Wells Fargo lowered its price target from $535 to $450 and maintained an “equal weight” rating. Although the revised target remains above the recent trading level, the cut signals more cautious expectations and may weigh on sentiment. Wells Fargo Price Target Update

Synopsys Trading Up 0.3%

Shares of NASDAQ SNPS opened at $412.32 on Thursday. The company has a current ratio of 1.43, a quick ratio of 1.32 and a debt-to-equity ratio of 0.33. Synopsys, Inc. has a one year low of $366.00 and a one year high of $628.89. The business has a 50-day moving average price of $428.15 and a two-hundred day moving average price of $444.13. The firm has a market capitalization of $78.95 billion, a PE ratio of 95.44, a PEG ratio of 2.41 and a beta of 1.23.

Synopsys (NASDAQ:SNPS - Get Free Report) last posted its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.15 by $0.20. The business had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.25 billion. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The firm's revenue was up 41.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.67 earnings per share. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. As a group, analysts predict that Synopsys, Inc. will post 10.65 earnings per share for the current fiscal year.

Analysts Set New Price Targets

SNPS has been the topic of a number of analyst reports. Needham & Company LLC reissued a "buy" rating and issued a $580.00 price target on shares of Synopsys in a research note on Thursday, May 28th. Bank of America raised their target price on shares of Synopsys from $515.00 to $600.00 and gave the stock a "buy" rating in a report on Thursday, May 28th. Zacks Research raised shares of Synopsys from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, June 30th. Wells Fargo & Company cut their price target on shares of Synopsys from $535.00 to $450.00 and set an "equal weight" rating on the stock in a report on Tuesday. Finally, Robert W. Baird set a $558.00 price objective on shares of Synopsys in a research note on Thursday, May 28th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Synopsys currently has an average rating of "Moderate Buy" and an average target price of $565.06.

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.

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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