Synopsys, Inc. $SNPS Stock: Fulcrum Asset Management LLP Increases Holdings

Fulcrum Asset Management LLP lifted its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS - Free Report) by 55.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,705 shares of the semiconductor company's stock after acquiring an additional 3,118 shares during the quarter. Fulcrum Asset Management LLP's holdings in Synopsys were worth $3,613,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Elevation Wealth Partners LLC boosted its stake in shares of Synopsys by 96.4% during the 2nd quarter. Elevation Wealth Partners LLC now owns 55 shares of the semiconductor company's stock valued at $25,000 after buying an additional 27 shares during the last quarter. Osbon Capital Management LLC acquired a new stake in shares of Synopsys during the second quarter worth approximately $25,000. IMG Wealth Management Inc. bought a new stake in shares of Synopsys in the second quarter worth $28,000. GK Wealth Management LLC bought a new stake in shares of Synopsys in the third quarter worth $28,000. Finally, EFG International AG bought a new stake in shares of Synopsys in the second quarter worth $34,000. Institutional investors and hedge funds own 85.47% of the company's stock.

Insiders Place Their Bets

In related news, insider Aart de Geus sold 24,641 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $419.44, for a total value of $10,335,421.04. Following the completion of the transaction, the insider directly owned 120,443 shares of the company's stock, valued at $50,518,611.92. This represents a 16.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Sudhindra Kankanwadi sold 9,170 shares of the firm's stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $500.00, for a total value of $4,585,000.00. Following the completion of the sale, the chief financial officer owned 22,717 shares in the company, valued at approximately $11,358,500. This represents a 28.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 117,163 shares of company stock worth $51,366,457. 0.56% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

SNPS has been the topic of several recent analyst reports. HSBC cut shares of Synopsys from a "buy" rating to a "reduce" rating in a report on Friday, September 25th. KeyCorp raised their price objective on shares of Synopsys from $600.00 to $605.00 and gave the stock an "overweight" rating in a report on Thursday, October 1st. Barclays initiated coverage on shares of Synopsys in a research report on Friday, September 25th. They issued an "overweight" rating for the company. Sanford C. Bernstein assumed coverage on shares of Synopsys in a research report on Friday, September 25th. They set an "outperform" rating on the stock. Finally, Robert W. Baird raised shares of Synopsys from a "neutral" rating to an "outperform" rating and increased their price target for the stock from $558.00 to $560.00 in a research report on Thursday, August 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Synopsys presently has a consensus rating of "Moderate Buy" and an average price target of $575.00.

Synopsys Stock Up 3.7%

SNPS stock opened at $466.97 on Tuesday. The stock has a market cap of $89.49 billion, a PE ratio of 47.05, a price-to-earnings-growth ratio of 1.47 and a beta of 1.18. The firm's 50-day simple moving average is $442.10 and its 200 day simple moving average is $442.00. Synopsys, Inc. has a fifty-two week low of $362.55 and a fifty-two week high of $539.48. The company has a quick ratio of 1.24, a current ratio of 1.34 and a debt-to-equity ratio of 0.29.

Synopsys (NASDAQ:SNPS - Get Free Report) last posted its earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.67 by $0.24. Synopsys had a net margin of 11.43% and a return on equity of 6.24%. The firm had revenue of $2.48 billion during the quarter, compared to analyst estimates of $2.44 billion. During the same period in the previous year, the business posted $3.39 EPS. Synopsys's revenue was up 42.4% on a year-over-year basis. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. As a group, sell-side analysts predict that Synopsys, Inc. will post 11.01 EPS for the current year.

Synopsys declared that its board has initiated a stock buyback program on Monday, October 5th that allows the company to repurchase $1 billion in outstanding shares. This repurchase authorization allows the semiconductor company to reacquire up to 1.1% of its shares through open market purchases. Share repurchase programs are generally an indication that the company's management believes its shares are undervalued.

Synopsys Profile

Synopsys, Inc develops software, semiconductor intellectual property (IP) and services used to design and verify electronic systems. Its electronic design automation (EDA) tools help customers create, simulate, test and validate chips and other complex electronic products, while its IP portfolio provides reusable building blocks for semiconductor designs.

The company also offers software security and quality tools that help developers identify vulnerabilities and assess applications throughout the software development process.

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