Linden Thomas Advisory Services LLC Decreases Stock Position in Synopsys, Inc. $SNPS

Linden Thomas Advisory Services LLC cut its stake in Synopsys, Inc. (NASDAQ:SNPSFree 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.

Synopsys (NASDAQ:SNPSGet Free Report) last announced its earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 EPS for the quarter, topping analysts’ consensus estimates of $3.15 by $0.20. The business had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.25 billion. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The firm’s revenue was up 41.9% on a year-over-year basis. During the same period in the previous year, the company posted $3.67 earnings per share. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. Research analysts predict that Synopsys, Inc. will post 10.65 earnings per share for the current fiscal year.

Key Headlines Impacting Synopsys

Here are the key news stories impacting Synopsys this week:

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

(Free Report)

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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Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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