MASTERINVEST Kapitalanlage GmbH purchased a new stake in shares of Synopsys, Inc. (NASDAQ:SNPS – Free Report) during the second quarter, Holdings Channel.com reports. The institutional investor purchased 4,832 shares of the semiconductor company’s stock, valued at approximately $2,477,000.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Independence Bank of Kentucky grew its position in Synopsys by 120.0% in the 2nd quarter. Independence Bank of Kentucky now owns 55 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 30 shares in the last quarter. Saudi Central Bank acquired a new stake in shares of Synopsys in the 1st quarter worth approximately $26,000. Princeton Global Asset Management LLC lifted its stake in shares of Synopsys by 481.8% in the 2nd quarter. Princeton Global Asset Management LLC now owns 64 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 53 shares during the period. AlphaQuest LLC boosted its holdings in shares of Synopsys by 423.1% in the second quarter. AlphaQuest LLC now owns 68 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 55 shares in the last quarter. Finally, WPG Advisers LLC acquired a new position in shares of Synopsys during the first quarter valued at approximately $34,000. 85.47% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
SNPS has been the subject of a number of research analyst reports. Morgan Stanley upped their target price on Synopsys from $510.00 to $550.00 and gave the stock an “overweight” rating in a research report on Friday. Citigroup assumed coverage on Synopsys in a report on Monday, November 24th. They issued a “buy” rating and a $580.00 price objective for the company. Rosenblatt Securities raised Synopsys from a “neutral” rating to a “buy” rating and decreased their target price for the company from $605.00 to $560.00 in a research note on Tuesday, December 9th. KeyCorp boosted their price target on shares of Synopsys from $575.00 to $600.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Baird R W downgraded shares of Synopsys from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 10th. Eleven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $562.13.
Synopsys Stock Performance
Shares of SNPS opened at $452.95 on Friday. The company has a 50-day moving average of $435.71 and a two-hundred day moving average of $504.12. The stock has a market cap of $84.14 billion, a price-to-earnings ratio of 56.69, a PEG ratio of 5.62 and a beta of 1.16. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.62 and a quick ratio of 1.51. Synopsys, Inc. has a one year low of $365.74 and a one year high of $651.73.
Synopsys (NASDAQ:SNPS – Get Free Report) last issued its quarterly earnings results on Wednesday, December 10th. The semiconductor company reported $2.90 EPS for the quarter, beating the consensus estimate of $2.79 by $0.11. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. The business had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.25 billion. During the same quarter in the prior year, the firm earned $3.40 EPS. The firm’s quarterly revenue was up 37.8% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.320-14.400 EPS and its Q1 2026 guidance at 3.520-3.580 EPS. On average, equities research analysts expect that Synopsys, Inc. will post 10.64 earnings per share for the current year.
Insider Activity
In other news, CAO Sudhindra Kankanwadi sold 9,873 shares of the firm’s stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $500.90, for a total value of $4,945,385.70. Following the completion of the sale, the chief accounting officer owned 20,520 shares of the company’s stock, valued at $10,278,468. This trade represents a 32.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.62% of the stock is owned by insiders.
Synopsys Profile
Synopsys, Inc provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions.
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