Intellectus Partners LLC Invests $1.03 Million in Synopsys, Inc. $SNPS

Intellectus Partners LLC bought a new stake in Synopsys, Inc. (NASDAQ:SNPSFree Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 2,077 shares of the semiconductor company’s stock, valued at approximately $1,025,000.

Several other large investors have also modified their holdings of SNPS. Alpine Bank Wealth Management grew its stake in Synopsys by 89.3% in the third quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 25 shares in the last quarter. TFC Financial Management Inc. raised its stake in Synopsys by 1,250.0% during the third quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 50 shares in the last quarter. Millstone Evans Group LLC acquired a new stake in Synopsys during the third quarter valued at approximately $27,000. SOA Wealth Advisors LLC. bought a new position in Synopsys during the 3rd quarter worth approximately $28,000. Finally, McIlrath & Eck LLC bought a new position in Synopsys during the 3rd quarter worth approximately $29,000. Institutional investors own 85.47% of the company’s stock.

Synopsys Stock Down 1.1%

NASDAQ:SNPS opened at $437.41 on Friday. The firm has a market capitalization of $83.79 billion, a PE ratio of 67.92, a price-to-earnings-growth ratio of 3.60 and a beta of 1.15. The stock has a 50 day moving average of $466.71 and a 200-day moving average of $470.69. Synopsys, Inc. has a 52 week low of $365.74 and a 52 week high of $651.73. 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 (NASDAQ:SNPSGet Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, topping analysts’ consensus estimates of $3.56 by $0.21. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.The business had revenue of $2.41 billion for the quarter, compared to analysts’ expectations of $2.39 billion. During the same period in the prior year, the firm earned $3.03 EPS. The business’s quarterly revenue was up 65.6% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. Analysts predict that Synopsys, Inc. will post 10.64 EPS for the current year.

Wall Street Analysts Forecast Growth

SNPS has been the subject of several research reports. Wells Fargo & Company decreased their target price on Synopsys from $500.00 to $450.00 and set an “equal weight” rating for the company in a research report on Thursday, February 26th. Wall Street Zen upgraded Synopsys from a “sell” rating to a “hold” rating in a research note on Saturday, December 13th. Bank of America raised shares of Synopsys from an “underperform” rating to a “neutral” rating and decreased their price objective for the stock from $525.00 to $500.00 in a report on Monday, December 8th. Needham & Company LLC reiterated a “buy” rating on shares of Synopsys in a research note on Thursday, February 26th. Finally, Rosenblatt Securities lowered their target price on shares of Synopsys from $560.00 to $530.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Eight equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $531.00.

Check Out Our Latest Stock Report on SNPS

Insider Buying and Selling at Synopsys

In other news, CFO Shelagh Glaser sold 3,657 shares of the business’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $460.77, for a total transaction of $1,685,035.89. Following the completion of the transaction, the chief financial officer owned 17,842 shares of the company’s stock, valued at approximately $8,221,058.34. The trade was a 17.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Janet Lee sold 250 shares of the company’s stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $530.00, for a total transaction of $132,500.00. Following the transaction, the insider owned 11,959 shares of the company’s stock, valued at $6,338,270. This represents a 2.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 4,157 shares of company stock worth $1,945,036 over the last ninety days. 0.56% of the stock is owned by corporate insiders.

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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