Linden Thomas Advisory Services LLC cut its stake in Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 34.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,332 shares of the semiconductor company’s stock after selling 1,241 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in Synopsys were worth $1,040,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of SNPS. Union Bancaire Privee UBP SA increased its position in Synopsys by 28.4% during the second quarter. Union Bancaire Privee UBP SA now owns 23,105 shares of the semiconductor company’s stock valued at $9,656,000 after acquiring an additional 5,115 shares during the last quarter. Aaron Wealth Advisors LLC lifted its holdings in shares of Synopsys by 3.5% in the 2nd quarter. Aaron Wealth Advisors LLC now owns 1,556 shares of the semiconductor company’s stock worth $694,000 after acquiring an additional 53 shares during the last quarter. MBL Wealth LLC purchased a new position in shares of Synopsys during the 2nd quarter worth about $277,000. Bar Harbor Wealth Management grew its holdings in Synopsys by 3.4% during the 2nd quarter. Bar Harbor Wealth Management now owns 4,324 shares of the semiconductor company’s stock valued at $1,929,000 after purchasing an additional 143 shares during the last quarter. Finally, Waddell & Associates LLC purchased a new stake in Synopsys in the 2nd quarter worth about $813,000. 85.47% of the stock is owned by hedge funds and other institutional investors.
Synopsys Price Performance
Shares of SNPS stock opened at $411.75 on Friday. The stock’s 50-day moving average is $426.49 and its 200 day moving average is $443.50. Synopsys, Inc. has a 1-year low of $366.00 and a 1-year high of $626.24. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.43 and a quick ratio of 1.32. The company has a market cap of $78.84 billion, a P/E ratio of 95.31, a PEG ratio of 2.42 and a beta of 1.23.
Key Headlines Impacting Synopsys
Here are the key news stories impacting Synopsys this week:
- Positive Sentiment: Synopsys’ AI initiatives across chip design, verification and simulation could improve customer productivity and reinforce its position in the semiconductor software market. This supports the long-term growth case, particularly as demand for AI chips expands. Can SNPS Leverage AI to Accelerate Chip Design and Drive Growth?
- Positive Sentiment: Recent coverage remains bullish on Synopsys’ potential to reach $650, citing approximately 42% revenue growth, raised guidance and the completed $35 billion acquisition. However, the price target is speculative and depends on investors assigning greater value to the company’s growth prospects. Prediction: Synopsys Will Hit $650 on This Date
- Positive Sentiment: Strength in memory and storage stocks, along with continued investor demand for semiconductor-focused ETFs, indicates that enthusiasm for AI and the broader chip ecosystem remains supportive for Synopsys’ electronic-design-automation business. Memory Stocks Stay Strong With SanDisk, SK Hynix, and Western Digital Leading the Storage Stack
- Neutral Sentiment: General Counsel Janet Lee is leaving the role but transitioning to an advisory position. The orderly handoff may limit disruption, although leadership changes can create near-term uncertainty. Synopsys Announces General Counsel Janet Lee’s Departure and Advisory Role Transition
- Negative Sentiment: Wells Fargo lowered its expectations for Synopsys’ stock, which can weigh on sentiment and reinforce concerns that the shares’ valuation does not yet reflect the company’s growth potential. Wells Fargo Has Lowered Expectations for Synopsys Stock Price
- Negative Sentiment: Fidelity’s warning that the semiconductor cycle may be nearing a peak introduces a broader sector risk. If chip spending or AI-related enthusiasm cools, high-growth suppliers such as Synopsys could face valuation pressure despite solid fundamentals. Semiconductor Flows Stay Sticky Despite Cycle-Peak Warning
Insider Activity at Synopsys
In other news, CEO Sassine Ghazi sold 14,603 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $458.96, for a total transaction of $6,702,192.88. Following the sale, the chief executive officer owned 75,020 shares in the company, valued at approximately $34,431,179.20. The trade was a 16.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through 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 business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $450.02, for a total transaction of $1,527,367.88. Following the sale, the chief financial officer directly owned 14,358 shares in the company, valued at approximately $6,461,387.16. This represents a 19.12% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.56% of the company’s stock.
Analyst Ratings Changes
SNPS has been the subject of several analyst reports. Wells Fargo & Company decreased their price objective on shares of Synopsys from $535.00 to $450.00 and set an “equal weight” rating for the company in a research note on Tuesday. Robert W. Baird set a $558.00 target price on Synopsys in a research note on Thursday, May 28th. Piper Sandler raised Synopsys from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $450.00 to $550.00 in a research report on Tuesday, June 23rd. Zacks Research upgraded Synopsys from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Finally, Citigroup raised their price target on shares of Synopsys from $600.00 to $610.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $565.06.
View Our Latest Stock Report on Synopsys
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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