Norway Savings Bank Acquires Shares of 1,448 Synopsys, Inc. $SNPS

Norway Savings Bank acquired a new position in shares of Synopsys, Inc. (NASDAQ:SNPS) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,448 shares of the semiconductor company’s stock, valued at approximately $574,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Victory Capital Management Inc. raised its stake in shares of Synopsys by 238.8% in the 3rd quarter. Victory Capital Management Inc. now owns 2,824,349 shares of the semiconductor company’s stock valued at $1,393,506,000 after purchasing an additional 1,990,608 shares in the last quarter. Coatue Management LLC acquired a new position in Synopsys in the third quarter worth about $892,605,000. Capital Research Global Investors grew its stake in Synopsys by 226.6% in the third quarter. Capital Research Global Investors now owns 2,524,512 shares of the semiconductor company’s stock worth $1,245,533,000 after purchasing an additional 1,751,432 shares in the last quarter. Norges Bank bought a new stake in Synopsys in the fourth quarter valued at about $730,197,000. Finally, State Street Corp increased its holdings in Synopsys by 20.6% in the third quarter. State Street Corp now owns 8,760,358 shares of the semiconductor company’s stock valued at $4,322,273,000 after buying an additional 1,493,912 shares during the last quarter. Institutional investors own 85.47% of the company’s stock.

Key Synopsys News

Here are the key news stories impacting Synopsys this week:

• Positive Sentiment: Piper Sandler upgraded Synopsys to Overweight from Neutral and raised its price target to $550 from $450, citing improving prospects for its intellectual property business as Intel’s foundry momentum builds and Apple-related opportunities expand. Synopsys upgraded at Piper Sandler on Intel foundry momentum, Apple opportunity
• Positive Sentiment: Analysts and commentators continue to highlight Synopsys’ recurring revenue model, expanding AI-driven design tools, and IP licensing as a strong way to participate in the AI semiconductor buildout. Synopsys vs. Applied Digital: Which AI Stock Has an Edge Right Now?
• Positive Sentiment: New coverage argues Synopsys’ AI-driven Multiphysics Fusion platform and the Ansys integration could deepen its role in chip design workflows and support a higher long-term earnings base. Does Synopsys’ AI-Driven Multiphysics Fusion Platform Redefine the Bull Case for Synopsys (SNPS)?
• Neutral Sentiment: Several pieces note that Synopsys has pulled back over the past month, which has made valuation look more reasonable to some investors, but these articles are mainly framing the stock’s setup rather than pointing to a new catalyst. Synopsys (SNPS) Stock After Recent Pullback Is The Valuation Now More Reasonable
• Neutral Sentiment: Synopsys co-founder Alberto Sangiovanni-Vincentelli being shortlisted for a lifetime achievement award is a positive reputational headline, but it is unlikely to move the stock on its own. Synopsys (SNPS) Co Founder Shortlisted For Lifetime Achievement Award
• Negative Sentiment: No major negative company-specific news was reported in these articles; the main headwind remains that Synopsys has recently cooled off from prior highs, leaving investors focused on whether growth can justify the valuation. Synopsys: Ansys, AI, And The Case For A Higher Earnings Base

Synopsys Stock Performance

SNPS stock opened at $463.62 on Thursday. Synopsys, Inc. has a 1 year low of $376.18 and a 1 year high of $651.73. The stock has a market capitalization of $88.77 billion, a price-to-earnings ratio of 107.32, a PEG ratio of 2.71 and a beta of 1.22. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.32 and a current ratio of 1.43. The stock’s fifty day moving average is $482.63 and its two-hundred day moving average is $462.29.

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

Analyst Upgrades and Downgrades

A number of research firms have commented on SNPS. Bank of America increased their target price on Synopsys from $515.00 to $600.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Robert W. Baird set a $558.00 price target on Synopsys in a report on Thursday, May 28th. Morgan Stanley upped their price target on Synopsys from $480.00 to $525.00 and gave the company an “equal weight” rating in a research report on Thursday, May 28th. Wells Fargo & Company raised their price objective on Synopsys from $505.00 to $535.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 28th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $580.00 price objective on shares of Synopsys in a report on Thursday, May 28th. Ten equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $570.06.

Insider Transactions at Synopsys

In other Synopsys news, CFO Shelagh Glaser sold 3,394 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $450.02, for a total value of $1,527,367.88. Following the completion of the transaction, the chief financial officer owned 14,358 shares in the company, valued at approximately $6,461,387.16. This represents a 19.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,603 shares of the company’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 completion of the transaction, the chief executive officer owned 75,020 shares of the company’s stock, valued at approximately $34,431,179.20. This trade represents a 16.29% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 0.56% of the company’s stock.

Synopsys 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.