Synopsys, Inc. $SNPS Shares Sold by Sienna Gestion

Key Points

• Sienna Gestion cut its Synopsys stake by 94.9% in Q3, selling 8,198 shares and leaving 442 shares worth about $199,000.
• Synopsys beat quarterly estimates with EPS of $3.77 (vs. $3.56) and revenue of $2.41B (up 65.6% YoY), and issued FY2026 EPS guidance of 14.38–14.46 (Q2 guidance 3.11–3.17).
• Insiders sold 4,157 shares (~$1.95M) in the last 90 days, including CFO Shelagh Glaser's $1.69M sale, while analysts are mixed—consensus rating "Hold" with an average target of $531 and price targets ranging roughly $430–$650.

Sienna Gestion lowered its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS - Free Report) by 94.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 442 shares of the semiconductor company's stock after selling 8,198 shares during the period. Sienna Gestion's holdings in Synopsys were worth $199,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of SNPS. Alpine Bank Wealth Management raised its holdings in shares of Synopsys by 89.3% in the third quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company's stock valued at $26,000 after buying an additional 25 shares during the last quarter. TFC Financial Management Inc. lifted its position in Synopsys by 1,250.0% during the 3rd quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company's stock worth $27,000 after acquiring an additional 50 shares during the period. Millstone Evans Group LLC purchased a new position in shares of Synopsys in the 3rd quarter valued at approximately $27,000. SOA Wealth Advisors LLC. acquired a new position in shares of Synopsys in the third quarter valued at approximately $28,000. Finally, McIlrath & Eck LLC acquired a new stake in shares of Synopsys during the third quarter worth $29,000. 85.47% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

SNPS has been the subject of a number of analyst reports. The Goldman Sachs Group set a $600.00 price objective on shares of Synopsys and gave the stock a "buy" rating in a research report on Wednesday, February 25th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Synopsys in a report on Thursday, January 22nd. Morgan Stanley reiterated an "equal weight" rating and set a $480.00 price target (down from $550.00) on shares of Synopsys in a research note on Wednesday, February 25th. JPMorgan Chase & Co. lifted their price objective on Synopsys from $600.00 to $650.00 and gave the company an "overweight" rating in a report on Thursday, December 11th. Finally, Piper Sandler dropped their target price on Synopsys from $520.00 to $430.00 and set a "neutral" rating on the stock in a research report on Thursday, February 26th. Eight investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $531.00.

Insider Activity at Synopsys

In other Synopsys news, CFO Shelagh Glaser sold 3,657 shares of the firm's stock in a transaction on Friday, December 19th. The stock was sold at an average price of $460.77, for a total transaction of $1,685,035.89. Following the completion of the transaction, the chief financial officer owned 17,842 shares of the company's stock, valued at approximately $8,221,058.34. This trade represents a 17.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Janet Lee sold 250 shares of the business's stock in a transaction on Monday, January 12th. The stock was sold at an average price of $530.00, for a total value of $132,500.00. Following the completion of the transaction, the insider directly owned 11,959 shares of the company's stock, valued at approximately $6,338,270. This trade represents a 2.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 4,157 shares of company stock valued at $1,945,036 over the last 90 days. Insiders own 0.56% of the company's stock.

Synopsys Price Performance

Shares of NASDAQ SNPS opened at $437.41 on Monday. The company has a current ratio of 1.36, a quick ratio of 1.26 and a debt-to-equity ratio of 0.33. The company's 50-day moving average price is $466.71 and its 200 day moving average price is $468.77. Synopsys, Inc. has a 52 week low of $365.74 and a 52 week high of $651.73. The stock has a market cap of $83.79 billion, a price-to-earnings ratio of 67.92, a PEG ratio of 3.56 and a beta of 1.15.

Synopsys (NASDAQ:SNPS - Get Free Report) last announced its earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.56 by $0.21. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The company had revenue of $2.41 billion during the quarter, compared to analysts' expectations of $2.39 billion. During the same quarter in the previous year, the business posted $3.03 earnings per share. The firm's quarterly revenue was up 65.6% compared to the same quarter last year. 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, research analysts forecast that Synopsys, Inc. will post 10.64 earnings per share for the current fiscal year.

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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