Level Four Advisory Services LLC Purchases 1,679 Shares of Synopsys, Inc. $SNPS

Level Four Advisory Services LLC raised its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS) by 187.4% during the third quarter, HoldingsChannel.com reports. The firm owned 2,575 shares of the semiconductor company’s stock after acquiring an additional 1,679 shares during the quarter. Level Four Advisory Services LLC’s holdings in Synopsys were worth $1,270,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Teachers Retirement System of The State of Kentucky lifted its holdings in Synopsys by 3.3% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 51,475 shares of the semiconductor company’s stock valued at $25,396,000 after buying an additional 1,643 shares during the period. Victory Capital Management Inc. grew its holdings in Synopsys by 238.8% during the 3rd quarter. Victory Capital Management Inc. now owns 2,824,349 shares of the semiconductor company’s stock worth $1,393,506,000 after acquiring an additional 1,990,608 shares during the period. Kingsview Wealth Management LLC raised its position in shares of Synopsys by 20.2% during the 3rd quarter. Kingsview Wealth Management LLC now owns 903 shares of the semiconductor company’s stock valued at $445,000 after acquiring an additional 152 shares during the last quarter. Elo Mutual Pension Insurance Co lifted its stake in shares of Synopsys by 10.1% in the 3rd quarter. Elo Mutual Pension Insurance Co now owns 12,115 shares of the semiconductor company’s stock valued at $5,977,000 after purchasing an additional 1,116 shares during the period. Finally, WASHINGTON TRUST Co bought a new position in shares of Synopsys in the 3rd quarter worth $274,000. Institutional investors own 85.47% of the company’s stock.

Synopsys Stock Up 2.6%

Synopsys stock opened at $442.30 on Friday. The company has a current ratio of 1.36, a quick ratio of 1.26 and a debt-to-equity ratio of 0.33. Synopsys, Inc. has a 1-year low of $365.74 and a 1-year high of $651.73. The company has a fifty day simple moving average of $467.50 and a 200 day simple moving average of $472.00. The company has a market cap of $84.73 billion, a P/E ratio of 68.68, a price-to-earnings-growth ratio of 3.51 and a beta of 1.15.

Synopsys (NASDAQ:SNPS) last issued its quarterly earnings results 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 firm had revenue of $2.41 billion during the quarter, compared to analysts’ expectations of $2.39 billion. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.The business’s quarterly revenue was up 65.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $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. Research analysts anticipate that Synopsys, Inc. will post 10.64 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CFO Shelagh Glaser sold 3,657 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $460.77, for a total value of $1,685,035.89. Following the transaction, the chief financial officer owned 17,842 shares of the company’s stock, valued at approximately $8,221,058.34. This represents a 17.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Janet Lee sold 250 shares of the company’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $530.00, for a total value of $132,500.00. Following the completion of the transaction, the insider directly owned 11,959 shares in the company, valued at approximately $6,338,270. This represents a 2.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 4,157 shares of company stock worth $1,945,036 over the last three months. 0.56% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts have weighed in on SNPS shares. Piper Sandler cut their target price on Synopsys from $520.00 to $430.00 and set a “neutral” rating on the stock in a research note on Thursday, February 26th. Needham & Company LLC reiterated a “buy” rating on shares of Synopsys in a research report on Thursday, February 26th. The Goldman Sachs Group set a $600.00 price objective on shares of Synopsys and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Citigroup started coverage on shares of Synopsys in a research note on Monday, November 24th. They issued a “buy” rating and a $580.00 target price for the company. Finally, HSBC lowered shares of Synopsys from a “buy” rating to a “hold” rating and set a $455.00 target price on the stock. in a report on Friday, February 20th. 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. Based on data from MarketBeat, Synopsys presently has a consensus 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.