Synopsys, Inc. $SNPS Shares Acquired by King Luther Capital Management Corp

King Luther Capital Management Corp boosted its position in Synopsys, Inc. (NASDAQ:SNPS) by 12.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,704 shares of the semiconductor company’s stock after acquiring an additional 2,977 shares during the period. King Luther Capital Management Corp’s holdings in Synopsys were worth $11,615,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Elevation Wealth Partners LLC raised its holdings in Synopsys by 96.4% during the 2nd quarter. Elevation Wealth Partners LLC now owns 55 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 27 shares during the last quarter. Osbon Capital Management LLC acquired a new position in Synopsys during the 2nd quarter valued at about $25,000. IMG Wealth Management Inc. bought a new position in shares of Synopsys in the 2nd quarter valued at about $28,000. GK Wealth Management LLC bought a new position in shares of Synopsys in the 3rd quarter valued at about $28,000. Finally, Geneos Wealth Management Inc. grew its position in shares of Synopsys by 151.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 83 shares of the semiconductor company’s stock worth $33,000 after buying an additional 50 shares during the period. 85.47% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Janet Lee sold 1,144 shares of the business’s stock in a transaction on Tuesday, October 6th. The shares were sold at an average price of $502.52, for a total value of $574,882.88. Following the completion of the transaction, the insider owned 16,534 shares of the company’s stock, valued at $8,308,665.68. The trade was a 6.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sassine Ghazi sold 14,604 shares of the business’s stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $462.84, for a total transaction of $6,759,315.36. Following the completion of the transaction, the chief executive officer directly owned 76,865 shares of the company’s stock, valued at $35,576,196.60. This trade 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. Insiders sold a total of 117,163 shares of company stock worth $51,366,457 over the last three months. Company insiders own 0.56% of the company’s stock.

Synopsys Stock Performance

Shares of SNPS stock opened at $462.69 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.34 and a quick ratio of 1.24. The stock has a market cap of $88.67 billion, a PE ratio of 81.75, a price-to-earnings-growth ratio of 1.47 and a beta of 1.18. The stock has a 50-day moving average of $444.38 and a 200-day moving average of $441.35. Synopsys, Inc. has a one year low of $362.55 and a one year high of $539.48.

Synopsys (NASDAQ:SNPS) last released its quarterly earnings data on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share for the quarter, topping the consensus estimate of $3.67 by $0.24. Synopsys had a net margin of 11.43% and a return on equity of 6.24%. The business had revenue of $2.48 billion for the quarter, compared to analyst estimates of $2.44 billion. During the same quarter last year, the firm earned $3.39 EPS. Synopsys’s quarterly 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. As a group, sell-side analysts expect that Synopsys, Inc. will post 11.01 earnings per share for the current year.

Synopsys declared that its board has initiated a share repurchase plan on Monday, October 5th that allows the company to repurchase $1 billion in shares. This repurchase authorization allows the semiconductor company to buy up to 1.1% of its shares through open market purchases. Share repurchase plans are often a sign that the company’s management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on SNPS shares. Roth Capital raised shares of Synopsys to a “buy” rating in a research note on Friday, September 25th. Rosenblatt Securities lifted their target price on shares of Synopsys from $575.00 to $620.00 and gave the stock a “buy” rating in a report on Thursday, October 1st. JPMorgan Chase & Co. dropped their target price on shares of Synopsys from $650.00 to $600.00 in a research report on Thursday, August 27th. UBS Group set a $570.00 price target on Synopsys in a research note on Thursday, August 27th. Finally, Wells Fargo & Company raised their price target on Synopsys from $475.00 to $540.00 and gave the stock an “overweight” rating in a research report on Thursday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $575.00.

Key Headlines Impacting Synopsys

Investors following SNPS have been watching these headlines:

• Positive Sentiment: Synopsys is positioning its electronic design automation (EDA) tools for continued demand by adding AI-powered chip design and verification capabilities and integrating Ansys. This could support growth as chip complexity and AI investment rise. Can AI-Driven EDA Accelerate Synopsys’ Next Growth Phase?
• Neutral Sentiment: One article frames Synopsys’ earnings strength against a cautious market tape, suggesting solid company fundamentals are not yet translating into consistently positive investor sentiment. Synopsys (SNPS) Stock Price Prediction: Earnings strength meets a cautious tape
• Negative Sentiment: Despite estimate beats, Synopsys shares have reportedly struggled to hold post-earnings gains. Coverage identifies debt and upcoming guidance as investor concerns ahead of the December earnings report, which could keep the shares volatile. Synopsys at $460: Appealing Ahead of Dec. 8 Earnings

Synopsys Profile

Synopsys, Inc. develops software, semiconductor intellectual property (IP) and services used to design and verify electronic systems. Its electronic design automation (EDA) tools help customers create, simulate, test and validate chips and other complex electronic products, while its IP portfolio provides reusable building blocks for semiconductor designs. The company also offers software security and quality tools that help developers identify vulnerabilities and assess applications throughout the software development process.