WealthPlan Investment Management LLC Cuts Stake in Synopsys, Inc. $SNPS

WealthPlan Investment Management LLC cut its stake in Synopsys, Inc. (NASDAQ:SNPS) by 54.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,212 shares of the semiconductor company’s stock after selling 2,674 shares during the quarter. WealthPlan Investment Management LLC’s holdings in Synopsys were worth $1,039,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in SNPS. Millstone Evans Group LLC purchased a new stake in shares of Synopsys during the third quarter valued at approximately $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Synopsys during the fourth quarter valued at approximately $28,000. Oakworth Capital Inc. raised its stake in shares of Synopsys by 3,700.0% during the fourth quarter. Oakworth Capital Inc. now owns 76 shares of the semiconductor company’s stock valued at $36,000 after purchasing an additional 74 shares during the period. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Synopsys during the third quarter valued at approximately $38,000. Finally, WealthCollab LLC raised its stake in shares of Synopsys by 110.8% during the third quarter. WealthCollab LLC now owns 78 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 41 shares during the period. 85.47% of the stock is owned by hedge funds and other institutional investors.

Synopsys Price Performance

Shares of NASDAQ:SNPS opened at $502.42 on Monday. The company has a current ratio of 1.36, a quick ratio of 1.26 and a debt-to-equity ratio of 0.33. The company has a fifty day simple moving average of $444.25 and a 200 day simple moving average of $449.26. The firm has a market cap of $96.24 billion, a PE ratio of 78.02, a price-to-earnings-growth ratio of 4.10 and a beta of 1.25. Synopsys, Inc. has a 12-month low of $376.18 and a 12-month high of $651.73.

Synopsys (NASDAQ:SNPS) last issued its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.56 by $0.21. The business had revenue of $2.41 billion during the quarter, compared to analyst estimates of $2.39 billion. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The business’s revenue was up 65.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.03 earnings per share. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. On average, equities research analysts anticipate that Synopsys, Inc. will post 10.3 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on SNPS. Rosenblatt Securities dropped their price objective on shares of Synopsys from $560.00 to $530.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Needham & Company LLC reaffirmed a “buy” rating on shares of Synopsys in a research report on Thursday, February 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Synopsys in a research report on Thursday, January 22nd. The Goldman Sachs Group set a $600.00 target price on Synopsys and gave the stock a “buy” rating in a research report on Wednesday, February 25th. Finally, HSBC lowered Synopsys from a “buy” rating to a “hold” rating and set a $455.00 target price on the stock. in a research report on Friday, February 20th. Eight equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $536.00.

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.