Van ECK Associates Corp Acquires 293,784 Shares of Synopsys, Inc. $SNPS

Key Points

• Van ECK raised its stake in Synopsys by 15.3% in Q3, buying 293,784 shares to hold 2,216,908 shares valued at about $1.094 billion, representing roughly 1.19% of Synopsys and ~1.0% of Van ECK’s portfolio (its 25th largest position).
• Recent results: Synopsys beat quarterly estimates with $3.77 EPS vs. $3.56 expected and $2.41B revenue vs. $2.39B, with revenue up 65.6% year‑over‑year and FY2026 guidance of $14.38–$14.46 EPS.
• Analyst and valuation snapshot: Ratings are mixed (average rating "Hold", average target $531) while the stock trades at a P/E of 67.89 and a market cap of about $83.8 billion, amid notable institutional ownership (~85%).

Van ECK Associates Corp boosted its stake in shares of Synopsys, Inc. (NASDAQ:SNPS - Free Report) by 15.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,216,908 shares of the semiconductor company's stock after acquiring an additional 293,784 shares during the quarter. Synopsys comprises about 1.0% of Van ECK Associates Corp's investment portfolio, making the stock its 25th biggest position. Van ECK Associates Corp owned 1.19% of Synopsys worth $1,093,800,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in SNPS. Alpine Bank Wealth Management lifted its stake in Synopsys by 89.3% in the third quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 25 shares during the last quarter. TFC Financial Management Inc. grew its stake in Synopsys by 1,250.0% in the third quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company's stock valued at $27,000 after purchasing an additional 50 shares during the last quarter. Millstone Evans Group LLC purchased a new stake in Synopsys during the third quarter valued at approximately $27,000. SOA Wealth Advisors LLC. acquired a new position in shares of Synopsys during the third quarter worth $28,000. Finally, McIlrath & Eck LLC acquired a new stake in Synopsys in the third quarter worth about $29,000. 85.47% of the stock is currently owned by institutional investors.

Synopsys Stock Performance

Shares of SNPS stock opened at $437.22 on Tuesday. The firm has a market cap of $83.75 billion, a P/E ratio of 67.89, a P/E/G ratio of 3.56 and a beta of 1.15. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.26 and a current ratio of 1.36. Synopsys, Inc. has a one year low of $365.74 and a one year high of $651.73. The firm's 50 day moving average price is $465.87 and its 200-day moving average price is $467.64.

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

Analysts Set New Price Targets

SNPS has been the topic of a number of research reports. Morgan Stanley reissued an "equal weight" rating and issued a $480.00 price objective (down from $550.00) on shares of Synopsys in a report on Wednesday, February 25th. Citigroup started coverage on Synopsys in a research report on Monday, November 24th. They issued a "buy" rating and a $580.00 price objective for the company. Wells Fargo & Company reduced their price objective on shares of Synopsys from $500.00 to $450.00 and set an "equal weight" rating for the company in a research report on Thursday, February 26th. Rosenblatt Securities lowered their price objective on Synopsys from $560.00 to $530.00 and set a "buy" rating on the stock in a report on Thursday, February 26th. Finally, Piper Sandler reduced their price objective on Synopsys from $520.00 to $430.00 and set a "neutral" rating for the company in a research note on Thursday, February 26th. Eight equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Synopsys presently has an average rating of "Hold" and an average target price of $531.00.

Insider Activity at Synopsys

In related news, CFO Shelagh Glaser sold 3,657 shares of the business's stock in a transaction that occurred 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 sale, the chief financial officer owned 17,842 shares in the company, valued at $8,221,058.34. The trade was a 17.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Janet Lee sold 250 shares of the stock in a transaction on Monday, January 12th. The shares were sold at an average price of $530.00, for a total transaction of $132,500.00. Following the completion of the transaction, the insider directly owned 11,959 shares in the company, valued at $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. In the last ninety days, insiders sold 4,157 shares of company stock worth $1,945,036. 0.56% of the stock is owned by corporate insiders.

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.

Want to see what other hedge funds are holding SNPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Synopsys, Inc. (NASDAQ:SNPS - Free Report).

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.