ProShare Advisors LLC Buys 90,583 Shares of Synopsys, Inc. $SNPS

ProShare Advisors LLC grew its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS) by 37.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 330,503 shares of the semiconductor company’s stock after purchasing an additional 90,583 shares during the quarter. ProShare Advisors LLC’s holdings in Synopsys were worth $155,244,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Millstone Evans Group LLC bought a new stake in shares of Synopsys in the 3rd quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Synopsys during the fourth quarter worth $28,000. Oakworth Capital Inc. boosted its stake in Synopsys by 3,700.0% during the fourth quarter. Oakworth Capital Inc. now owns 76 shares of the semiconductor company’s stock worth $36,000 after acquiring an additional 74 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in Synopsys during the third quarter worth $38,000. Finally, WealthCollab LLC boosted its stake in Synopsys by 110.8% during the third quarter. WealthCollab LLC now owns 78 shares of the semiconductor company’s stock worth $38,000 after acquiring an additional 41 shares in the last quarter. Institutional investors own 85.47% of the company’s stock.

Synopsys Stock Performance

NASDAQ SNPS opened at $498.43 on Tuesday. The company has a fifty day simple moving average of $445.38 and a 200 day simple moving average of $449.55. Synopsys, Inc. has a 12-month low of $376.18 and a 12-month high of $651.73. The company has a current ratio of 1.36, a quick ratio of 1.26 and a debt-to-equity ratio of 0.33. The company has a market cap of $95.48 billion, a P/E ratio of 77.40, a PEG ratio of 4.10 and a beta of 1.25.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.56 by $0.21. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The business had revenue of $2.41 billion during the quarter, compared to the consensus estimate of $2.39 billion. During the same quarter last year, the firm posted $3.03 EPS. Synopsys’s revenue was up 65.6% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. Sell-side analysts predict that Synopsys, Inc. will post 10.3 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on SNPS shares. Piper Sandler cut their target price on shares of Synopsys from $520.00 to $430.00 and set a “neutral” rating on the stock in a research note on Thursday, February 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Synopsys in a research note on Thursday, January 22nd. Needham & Company LLC reissued a “buy” rating on shares of Synopsys in a research note on Thursday, February 26th. Citigroup increased their target price on shares of Synopsys from $580.00 to $600.00 and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Finally, HSBC lowered shares of Synopsys from a “buy” rating to a “hold” rating and set a $455.00 target price on the stock. in a research note on Friday, February 20th. Eight equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $536.00.

Synopsys Company 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.