Synopsys (NASDAQ:SNPS) CEO Sassine Ghazi Sells 14,604 Shares of Stock

Key Points

• CEO Sassine Ghazi sold 14,604 Synopsys shares at an average price of $374.88, generating approximately $5.47 million. The transaction, conducted under a pre-arranged Rule 10b5-1 plan, reduced his ownership by 15.97% to 76,865 shares.
• Synopsys reported quarterly EPS of $3.91 and revenue of $2.48 billion, exceeding analyst expectations, while revenue increased 42.4% year over year.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $562.67; institutional investors own 85.47% of the company.

Synopsys, Inc. (NASDAQ:SNPS - Get Free Report) CEO Sassine Ghazi sold 14,604 shares of Synopsys stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $374.88, for a total transaction of $5,474,747.52. Following the completion of the sale, the chief executive officer owned 76,865 shares of the company's stock, valued at approximately $28,815,151.20. The trade was a 15.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Synopsys Price Performance

Shares of SNPS stock traded up $10.77 during trading on Wednesday, hitting $378.47. The company had a trading volume of 1,719,622 shares, compared to its average volume of 1,990,852. The firm has a market capitalization of $72.53 billion, a P/E ratio of 66.87, a price-to-earnings-growth ratio of 2.09 and a beta of 1.23. Synopsys, Inc. has a one year low of $362.55 and a one year high of $539.48. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.24 and a current ratio of 1.34. The stock's 50-day moving average price is $404.70 and its 200 day moving average price is $437.13.

Synopsys (NASDAQ:SNPS - Get Free Report) last posted its quarterly earnings data on Wednesday, August 26th. The semiconductor company reported $3.91 EPS for the quarter, topping analysts' consensus estimates of $3.67 by $0.24. The firm had revenue of $2.48 billion for the quarter, compared to analyst estimates of $2.44 billion. Synopsys had a return on equity of 6.24% and a net margin of 11.43%.The company's revenue was up 42.4% on a year-over-year basis. During the same quarter last year, the company earned $3.39 EPS. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. Equities analysts expect that Synopsys, Inc. will post 10.97 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in SNPS. Sequoia Financial Advisors LLC boosted its stake in shares of Synopsys by 19.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 14,866 shares of the semiconductor company's stock valued at $6,631,000 after purchasing an additional 2,377 shares in the last quarter. Gemmer Asset Management LLC acquired a new position in Synopsys during the 2nd quarter worth approximately $224,000. National Pension Service lifted its stake in Synopsys by 1.9% in the 2nd quarter. National Pension Service now owns 470,136 shares of the semiconductor company's stock valued at $209,714,000 after purchasing an additional 8,748 shares during the last quarter. Engineers Gate Manager LP lifted its stake in Synopsys by 172.7% in the 2nd quarter. Engineers Gate Manager LP now owns 16,365 shares of the semiconductor company's stock valued at $7,300,000 after purchasing an additional 10,363 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC boosted its position in Synopsys by 30.4% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 1,236 shares of the semiconductor company's stock valued at $551,000 after buying an additional 288 shares in the last quarter. Institutional investors own 85.47% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Needham & Company LLC reiterated a "buy" rating and set a $580.00 price objective on shares of Synopsys in a research note on Thursday, August 27th. Stifel Nicolaus upped their price target on shares of Synopsys from $550.00 to $600.00 and gave the stock a "buy" rating in a report on Thursday, May 28th. Weiss Ratings lowered shares of Synopsys from a "hold (c)" rating to a "hold (c-)" rating in a research report on Friday. Mizuho decreased their price objective on shares of Synopsys from $600.00 to $550.00 and set an "outperform" rating on the stock in a research note on Thursday, August 27th. Finally, Bank of America upped their target price on Synopsys from $515.00 to $600.00 and gave the stock a "buy" rating in a research note on Thursday, May 28th. Thirteen research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $562.67.

About Synopsys

Synopsys, Inc is a technology company that develops electronic design automation (EDA) software, semiconductor intellectual property (IP), and related services. Its products help semiconductor and electronics companies design, verify, test and manufacture integrated circuits and complex electronic systems.

The company's EDA portfolio includes tools for digital and analog design, simulation, verification, physical implementation, signoff and manufacturing preparation. Synopsys also provides reusable semiconductor IP, including processor cores, interface technologies, embedded memories and security-related components, which customers can incorporate into system-on-chip designs.

Synopsys additionally offers software integrity and application security solutions that help organizations identify and manage vulnerabilities and risks in the software development lifecycle.

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