Neuberger Berman Group LLC Increases Stock Holdings in Synopsys, Inc. $SNPS

Neuberger Berman Group LLC lifted its position in shares of Synopsys, Inc. (NASDAQ:SNPS) by 6.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 660,598 shares of the semiconductor company’s stock after acquiring an additional 39,957 shares during the period. Neuberger Berman Group LLC’s holdings in Synopsys were worth $325,932,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in SNPS. Lionshead Wealth Management LLC increased its holdings in Synopsys by 1.9% during the 2nd quarter. Lionshead Wealth Management LLC now owns 914 shares of the semiconductor company’s stock valued at $469,000 after acquiring an additional 17 shares in the last quarter. YANKCOM Partnership raised its position in Synopsys by 3.3% during the second quarter. YANKCOM Partnership now owns 537 shares of the semiconductor company’s stock worth $275,000 after acquiring an additional 17 shares during the last quarter. Manchester Capital Management LLC lifted its holdings in shares of Synopsys by 5.3% in the second quarter. Manchester Capital Management LLC now owns 340 shares of the semiconductor company’s stock valued at $174,000 after purchasing an additional 17 shares in the last quarter. Advisors Capital Management LLC grew its position in shares of Synopsys by 2.3% in the second quarter. Advisors Capital Management LLC now owns 862 shares of the semiconductor company’s stock valued at $442,000 after purchasing an additional 19 shares during the last quarter. Finally, Rothschild Investment LLC grew its position in shares of Synopsys by 15.9% in the second quarter. Rothschild Investment LLC now owns 153 shares of the semiconductor company’s stock valued at $78,000 after purchasing an additional 21 shares during the last quarter. 85.47% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on SNPS. Citigroup initiated coverage on Synopsys in a research report on Monday, November 24th. They set a “buy” rating and a $580.00 price objective for the company. Zacks Research upgraded Synopsys from a “strong sell” rating to a “hold” rating in a report on Monday, November 10th. The Goldman Sachs Group set a $600.00 price target on Synopsys and gave the stock a “buy” rating in a report on Wednesday, February 25th. Weiss Ratings restated a “hold (c)” rating on shares of Synopsys in a research report on Thursday, January 22nd. Finally, Wall Street Zen raised Synopsys from a “sell” rating to a “hold” rating in a research note on Saturday, December 13th. Eight analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $531.00.

Insiders Place Their Bets

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

Synopsys Stock Performance

NASDAQ:SNPS opened at $437.41 on Friday. The company has a market cap of $83.79 billion, a P/E ratio of 67.92, a P/E/G ratio of 3.60 and a beta of 1.15. The firm’s 50 day moving average is $466.71 and its two-hundred day moving average is $470.69. Synopsys, Inc. has a fifty-two week low of $365.74 and a fifty-two week high of $651.73. The company has a quick ratio of 1.26, a current ratio of 1.36 and a debt-to-equity ratio of 0.33.

Synopsys (NASDAQ:SNPS) last announced its quarterly earnings data on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.56 by $0.21. The company had revenue of $2.41 billion during the quarter, compared to analysts’ expectations of $2.39 billion. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The business’s quarterly revenue was up 65.6% compared to the same quarter last year. During the same period in the previous year, the company earned $3.03 EPS. 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 expect that Synopsys, Inc. will post 10.64 EPS for the current year.

About Synopsys

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.