Tensor Edge Capital LLC Buys 117,780 Shares of Synopsys, Inc. $SNPS

Key Points

• Tensor Edge Capital increased its Synopsys stake by 127.7% in the second quarter, purchasing 117,780 additional shares for a total of 210,000 shares valued at approximately $93.7 million.
• Institutional investors and hedge funds own 85.47% of Synopsys. CEO Sassine Ghazi and CFO Shelagh Glaser sold shares under pre-arranged Rule 10b5-1 plans to cover tax obligations.
• Synopsys beat quarterly earnings and revenue expectations, with revenue rising 41.9% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of about $565.06.

Tensor Edge Capital LLC grew its stake in Synopsys, Inc. (NASDAQ:SNPS - Free Report) by 127.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 210,000 shares of the semiconductor company's stock after buying an additional 117,780 shares during the period. Synopsys accounts for 6.2% of Tensor Edge Capital LLC's holdings, making the stock its 5th biggest position. Tensor Edge Capital LLC owned 0.11% of Synopsys worth $93,675,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Synopsys by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 18,464,862 shares of the semiconductor company's stock valued at $8,673,315,000 after buying an additional 283,677 shares during the last quarter. State Street Corp raised its stake in Synopsys by 0.3% in the 4th quarter. State Street Corp now owns 8,788,890 shares of the semiconductor company's stock worth $4,128,317,000 after acquiring an additional 28,532 shares during the last quarter. Morgan Stanley lifted its position in Synopsys by 2.5% during the 4th quarter. Morgan Stanley now owns 4,573,980 shares of the semiconductor company's stock worth $2,148,491,000 after acquiring an additional 109,917 shares during the period. Geode Capital Management LLC lifted its position in Synopsys by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 4,310,846 shares of the semiconductor company's stock worth $2,017,256,000 after acquiring an additional 54,329 shares during the period. Finally, Van ECK Associates Corp grew its stake in Synopsys by 17.0% during the 4th quarter. Van ECK Associates Corp now owns 2,593,619 shares of the semiconductor company's stock valued at $1,218,275,000 after purchasing an additional 376,711 shares during the last quarter. 85.47% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Synopsys

In related news, CEO Sassine Ghazi sold 14,603 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $458.96, for a total transaction of $6,702,192.88. Following the sale, the chief executive officer directly owned 75,020 shares of the company's stock, valued at approximately $34,431,179.20. This represents a 16.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at 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 the firm's 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 owned 14,358 shares in the company, valued at approximately $6,461,387.16. This 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 insiders.

Synopsys Stock Up 0.3%

Shares of SNPS opened at $412.32 on Thursday. The company has a market capitalization of $78.95 billion, a price-to-earnings ratio of 95.44, a PEG ratio of 2.41 and a beta of 1.23. Synopsys, Inc. has a 52 week low of $366.00 and a 52 week high of $628.89. The stock's 50-day moving average price is $428.15 and its 200-day moving average price is $444.13. The company has a quick ratio of 1.32, a current ratio of 1.43 and a debt-to-equity ratio of 0.33.

Synopsys (NASDAQ:SNPS - Get Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share for the quarter, beating the consensus estimate of $3.15 by $0.20. Synopsys had a return on equity of 5.83% and a net margin of 8.91%.The company had revenue of $2.28 billion during the quarter, compared to analysts' expectations of $2.25 billion. During the same period last year, the business earned $3.67 earnings per share. Synopsys's quarterly revenue 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. On average, sell-side analysts predict that Synopsys, Inc. will post 10.65 EPS for the current year.

Wall Street Analyst Weigh In

SNPS has been the topic of a number of research reports. Bank of America increased their price objective on Synopsys from $515.00 to $600.00 and gave the company a "buy" rating in a report on Thursday, May 28th. Benchmark assumed coverage on Synopsys in a research report on Wednesday, July 15th. They issued a "buy" rating and a $570.00 target price on the stock. Citigroup increased their price target on shares of Synopsys from $600.00 to $610.00 and gave the stock a "buy" rating in a report on Thursday, May 28th. Zacks Research upgraded shares of Synopsys from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, June 30th. Finally, Robert W. Baird set a $558.00 price objective on shares of Synopsys in a report on Thursday, May 28th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $565.06.

Synopsys News Roundup

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 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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