UNIVEST FINANCIAL Corp Sells 4,586 Shares of Synopsys, Inc. $SNPS

UNIVEST FINANCIAL Corp cut its stake in Synopsys, Inc. (NASDAQ:SNPS) by 23.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,725 shares of the semiconductor company’s stock after selling 4,586 shares during the period. UNIVEST FINANCIAL Corp’s holdings in Synopsys were worth $6,917,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Empirical Asset Management LLC bought a new stake in Synopsys during the 3rd quarter worth about $773,000. Strategic Advisors LLC boosted its stake in shares of Synopsys by 76.3% in the 3rd quarter. Strategic Advisors LLC now owns 7,578 shares of the semiconductor company’s stock valued at $3,739,000 after purchasing an additional 3,279 shares during the last quarter. China Universal Asset Management Co. Ltd. grew its position in shares of Synopsys by 31.8% during the 4th quarter. China Universal Asset Management Co. Ltd. now owns 14,810 shares of the semiconductor company’s stock worth $6,957,000 after buying an additional 3,575 shares during the period. OVERSEA CHINESE BANKING Corp Ltd grew its position in shares of Synopsys by 24.8% during the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 23,970 shares of the semiconductor company’s stock worth $11,827,000 after buying an additional 4,759 shares during the period. Finally, Principal Financial Group Inc. raised its stake in shares of Synopsys by 57.7% during the third quarter. Principal Financial Group Inc. now owns 412,766 shares of the semiconductor company’s stock worth $203,654,000 after buying an additional 150,973 shares during the last quarter. 85.47% of the stock is currently owned by institutional investors and hedge funds.

Synopsys Stock Up 2.2%

Shares of SNPS stock opened at $516.48 on Friday. Synopsys, Inc. has a 12-month low of $376.18 and a 12-month high of $651.73. The company has a quick ratio of 1.26, a current ratio of 1.36 and a debt-to-equity ratio of 0.33. The firm has a fifty day moving average of $434.28 and a 200-day moving average of $447.04. The company has a market capitalization of $98.94 billion, a price-to-earnings ratio of 80.20, a P/E/G ratio of 4.22 and a beta of 1.25.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings data on Wednesday, February 25th. The semiconductor company reported $3.77 EPS for the quarter, beating the consensus estimate of $3.56 by $0.21. The business had revenue of $2.41 billion for the quarter, compared to analysts’ expectations of $2.39 billion. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The firm’s revenue was up 65.6% compared to the same quarter last year. During the same period in the previous year, the firm 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 10.3 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on SNPS. Piper Sandler reduced their price objective on shares of Synopsys from $520.00 to $430.00 and set a “neutral” rating on the stock in a research note on Thursday, February 26th. HSBC cut shares of Synopsys from a “buy” rating to a “hold” rating and set a $455.00 target price for the company. in a research report on Friday, February 20th. Rosenblatt Securities reduced their price target on Synopsys from $560.00 to $530.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Wells Fargo & Company decreased their price objective on Synopsys from $500.00 to $450.00 and set an “equal weight” rating for the company in a research note on Thursday, February 26th. Finally, The Goldman Sachs Group set a $600.00 price objective on Synopsys and gave the company a “buy” rating in a report on Wednesday, February 25th. Eight equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Synopsys presently has an average rating of “Hold” and an average target price of $531.00.

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.