Formuepleje A S Buys 1,136 Shares of Synopsys, Inc. $SNPS

Formuepleje A S grew its position in shares of Synopsys, Inc. (NASDAQ:SNPS) by 18.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,428 shares of the semiconductor company’s stock after buying an additional 1,136 shares during the quarter. Formuepleje A S’s holdings in Synopsys were worth $3,231,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Synopsys in the second quarter worth approximately $747,400,000. Man Group plc bought a new stake in Synopsys during the second quarter valued at approximately $55,900,000. Nykredit A S purchased a new stake in Synopsys during the second quarter valued at approximately $23,158,000. Bank of America Corp DE purchased a new stake in Synopsys during the second quarter valued at approximately $539,986,000. Finally, Integrated Wealth Concepts LLC raised its position in Synopsys by 88.6% in the second quarter. Integrated Wealth Concepts LLC now owns 6,816 shares of the semiconductor company’s stock worth $3,040,000 after acquiring an additional 3,202 shares during the period. 85.47% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Aart de Geus sold 24,641 shares of Synopsys stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $419.44, for a total transaction of $10,335,421.04. Following the transaction, the insider owned 120,443 shares in the company, valued at approximately $50,518,611.92. The trade was a 16.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,604 shares of the company’s stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $374.88, for a total transaction of $5,474,747.52. Following the completion of the transaction, the chief executive officer directly owned 76,865 shares of the company’s stock, valued at $28,815,151.20. This represents a 15.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 102,559 shares of company stock valued at $44,607,141. 0.56% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several brokerages have recently weighed in on SNPS. Needham & Company LLC lifted their price target on shares of Synopsys from $580.00 to $620.00 and gave the stock a “buy” rating in a research note on Monday. Benchmark restated a “buy” rating and issued a $570.00 price objective on shares of Synopsys in a research note on Thursday, August 27th. Barclays initiated coverage on Synopsys in a research note on Friday, September 25th. They issued an “overweight” rating for the company. Sanford C. Bernstein began coverage on Synopsys in a report on Friday, September 25th. They issued an “outperform” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $640.00 target price (up from $590.00) on shares of Synopsys in a research report on Thursday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Synopsys currently has an average rating of “Moderate Buy” and a consensus target price of $571.78.

Synopsys Stock Performance

Synopsys stock traded down $15.14 during midday trading on Thursday, hitting $464.79. The stock had a trading volume of 1,493,167 shares, compared to its average volume of 2,047,488. The firm’s fifty day moving average is $425.55 and its two-hundred day moving average is $440.80. The company has a market capitalization of $89.07 billion, a PE ratio of 81.94, a P/E/G ratio of 2.02 and a beta of 1.21. Synopsys, Inc. has a 52-week low of $362.55 and a 52-week high of $539.48. The company has a current ratio of 1.34, a quick ratio of 1.24 and a debt-to-equity ratio of 0.29.

Synopsys (NASDAQ:SNPS) last released its earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 EPS for the quarter, topping analysts’ consensus estimates of $3.67 by $0.24. Synopsys had a net margin of 11.43% and a return on equity of 6.24%. The company had revenue of $2.48 billion for the quarter, compared to analysts’ expectations of $2.44 billion. During the same quarter last year, the business earned $3.39 EPS. The firm’s revenue was up 42.4% compared to the same quarter last year. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. On average, research analysts forecast that Synopsys, Inc. will post 10.97 EPS for the current year.

Synopsys announced that its board has approved a share buyback plan on Monday, October 5th that allows the company to buy back $1.00 billion in shares. This buyback authorization allows the semiconductor company to buy up to 1.1% of its shares through open market purchases. Share buyback plans are typically a sign that the company’s board believes its shares are undervalued.

About Synopsys

Synopsys, Inc is a technology company that develops electronic design automation (EDA) software, semiconductor intellectual property (IP), and software tools used to design, verify, and manufacture advanced electronic systems. Its solutions support the development of semiconductors, systems-on-chip, and electronic products across the design cycle, from initial specification and architecture through testing and production.

The company’s offerings include digital and custom integrated-circuit design tools, simulation and verification software, physical design and signoff products, and semiconductor IP such as processor cores, interface technologies, and foundational components.