National Bank of Canada FI Buys 58,295 Shares of Synopsys, Inc. $SNPS

National Bank of Canada FI raised its stake in Synopsys, Inc. (NASDAQ:SNPS) by 64.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 148,570 shares of the semiconductor company’s stock after purchasing an additional 58,295 shares during the period. National Bank of Canada FI owned 0.10% of Synopsys worth $76,169,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of SNPS. Saudi Central Bank acquired a new stake in shares of Synopsys in the 1st quarter worth $26,000. Independence Bank of Kentucky grew its position in Synopsys by 120.0% during the 2nd quarter. Independence Bank of Kentucky now owns 55 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 30 shares during the last quarter. Princeton Global Asset Management LLC increased its stake in Synopsys by 481.8% during the 2nd quarter. Princeton Global Asset Management LLC now owns 64 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 53 shares in the last quarter. WPG Advisers LLC acquired a new stake in shares of Synopsys during the first quarter worth $34,000. Finally, AlphaQuest LLC raised its stake in Synopsys by 423.1% in the 2nd quarter. AlphaQuest LLC now owns 68 shares of the semiconductor company’s stock worth $35,000 after acquiring an additional 55 shares during the last quarter. Institutional investors own 85.47% of the company’s stock.

Analyst Ratings Changes

SNPS has been the subject of several research analyst reports. KeyCorp raised their price objective on Synopsys from $575.00 to $600.00 and gave the stock an “overweight” rating in a research note on Thursday. Zacks Research raised shares of Synopsys from a “strong sell” rating to a “hold” rating in a report on Monday, November 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Synopsys in a report on Wednesday, October 8th. Needham & Company LLC upped their target price on Synopsys from $550.00 to $580.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Wells Fargo & Company raised their target price on Synopsys from $445.00 to $500.00 and gave the stock an “equal weight” rating in a report on Thursday. Eleven analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $562.13.

Synopsys Trading Down 5.1%

Shares of Synopsys stock opened at $452.95 on Monday. The company has a current ratio of 1.62, a quick ratio of 1.52 and a debt-to-equity ratio of 0.48. Synopsys, Inc. has a twelve month low of $365.74 and a twelve month high of $651.73. The firm has a market capitalization of $84.14 billion, a PE ratio of 56.69, a P/E/G ratio of 3.78 and a beta of 1.16. The firm’s 50-day moving average price is $435.71 and its 200 day moving average price is $504.41.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings data on Wednesday, December 10th. The semiconductor company reported $2.90 EPS for the quarter, topping the consensus estimate of $2.79 by $0.11. The company had revenue of $2.25 billion during the quarter, compared to analyst estimates of $2.25 billion. Synopsys had a return on equity of 7.89% and a net margin of 18.89%.Synopsys’s quarterly revenue was up 37.8% on a year-over-year basis. During the same period in the previous year, the business earned $3.40 EPS. 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, sell-side analysts predict that Synopsys, Inc. will post 10.64 EPS for the current fiscal year.

Insider Transactions at Synopsys

In other news, CAO Sudhindra Kankanwadi sold 9,873 shares of the company’s stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $500.90, for a total transaction 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 represents a 32.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.62% of the stock is currently owned by company insiders.

About Synopsys

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.