Synopsys, Inc. $SNPS Shares Sold by Westfield Capital Management Co. LP

Westfield Capital Management Co. LP cut its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 3.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 121,649 shares of the semiconductor company’s stock after selling 4,932 shares during the period. Westfield Capital Management Co. LP’s holdings in Synopsys were worth $57,141,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of SNPS. Daiwa Securities Group Inc. lifted its holdings in Synopsys by 5.3% in the fourth quarter. Daiwa Securities Group Inc. now owns 80,268 shares of the semiconductor company’s stock valued at $37,703,000 after acquiring an additional 4,009 shares during the period. Cibc World Market Inc. lifted its holdings in Synopsys by 4.2% in the fourth quarter. Cibc World Market Inc. now owns 24,526 shares of the semiconductor company’s stock valued at $11,520,000 after acquiring an additional 992 shares during the period. Lido Advisors LLC lifted its holdings in Synopsys by 5.2% in the fourth quarter. Lido Advisors LLC now owns 5,886 shares of the semiconductor company’s stock valued at $2,871,000 after acquiring an additional 293 shares during the period. CIBC Asset Management Inc lifted its holdings in Synopsys by 19.8% in the fourth quarter. CIBC Asset Management Inc now owns 100,059 shares of the semiconductor company’s stock valued at $47,000,000 after acquiring an additional 16,548 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in Synopsys by 2.7% in the fourth quarter. Bank of New York Mellon Corp now owns 1,556,056 shares of the semiconductor company’s stock valued at $730,911,000 after acquiring an additional 41,184 shares during the period. 85.47% of the stock is owned by institutional investors and hedge funds.

Synopsys Price Performance

NASDAQ:SNPS opened at $464.85 on Friday. The firm has a market cap of $89.01 billion, a price-to-earnings ratio of 107.60, a price-to-earnings-growth ratio of 3.01 and a beta of 1.22. The company has a current ratio of 1.43, a quick ratio of 1.32 and a debt-to-equity ratio of 0.33. The company’s 50-day moving average is $466.55 and its two-hundred day moving average is $457.80. Synopsys, Inc. has a 12-month low of $376.18 and a 12-month high of $651.73.

Synopsys (NASDAQ:SNPS) last released its earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.15 by $0.20. The company had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.25 billion. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The firm’s quarterly revenue was up 41.9% on a year-over-year basis. During the same period in the prior year, the firm earned $3.67 EPS. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. Research analysts expect that Synopsys, Inc. will post 10.28 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on SNPS shares. Needham & Company LLC reissued a “buy” rating and issued a $580.00 target price on shares of Synopsys in a report on Thursday, May 28th. Wells Fargo & Company raised their target price on Synopsys from $505.00 to $535.00 and gave the company an “equal weight” rating in a report on Thursday, May 28th. HSBC downgraded Synopsys from a “buy” rating to a “hold” rating and set a $455.00 price target for the company. in a research note on Friday, February 20th. Morgan Stanley boosted their price objective on shares of Synopsys from $480.00 to $525.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 28th. Finally, Stifel Nicolaus boosted their price objective on shares of Synopsys from $550.00 to $600.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Nine investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $563.81.

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.