Victory Capital Management Inc. Sells 93,706 Shares of Synopsys, Inc. $SNPS

Victory Capital Management Inc. decreased its position in shares of Synopsys, Inc. (NASDAQ:SNPS) by 3.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,730,643 shares of the semiconductor company’s stock after selling 93,706 shares during the quarter. Synopsys makes up 0.7% of Victory Capital Management Inc.’s investment portfolio, making the stock its 20th largest position. Victory Capital Management Inc. owned approximately 1.43% of Synopsys worth $1,282,666,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Synopsys during the 4th quarter worth about $28,000. Caitong International Asset Management Co. Ltd bought a new position in Synopsys in the 4th quarter worth about $28,000. Oakworth Capital Inc. boosted its stake in Synopsys by 3,700.0% in the 4th quarter. Oakworth Capital Inc. now owns 76 shares of the semiconductor company’s stock worth $36,000 after purchasing an additional 74 shares during the period. WealthCollab LLC boosted its stake in Synopsys by 110.8% in the 3rd quarter. WealthCollab LLC now owns 78 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 41 shares during the period. Finally, KERR FINANCIAL PLANNING Corp bought a new position in Synopsys in the 3rd quarter worth about $38,000. Institutional investors own 85.47% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on SNPS. BNP Paribas Exane raised their target price on Synopsys from $425.00 to $450.00 and gave the stock an “underperform” rating in a research note on Thursday, May 28th. Wells Fargo & Company raised their target price on Synopsys from $505.00 to $535.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 28th. Morgan Stanley raised their target price on Synopsys from $480.00 to $525.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 28th. The Goldman Sachs Group set a $600.00 target price on Synopsys and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Finally, Needham & Company LLC restated a “buy” rating and issued a $580.00 target price on shares of Synopsys in a research note on Thursday, May 28th. Nine analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $563.81.

Synopsys Stock Performance

NASDAQ:SNPS opened at $453.89 on Friday. The business’s 50-day moving average price is $473.57 and its two-hundred day moving average price is $460.43. Synopsys, Inc. has a twelve month low of $376.18 and a twelve month high of $651.73. The stock has a market cap of $86.91 billion, a P/E ratio of 105.07, a PEG ratio of 2.68 and a beta of 1.22. The company has a quick ratio of 1.32, a current ratio of 1.43 and a debt-to-equity ratio of 0.33.

Synopsys (NASDAQ:SNPS) last released its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share for the quarter, beating the consensus estimate of $3.15 by $0.20. Synopsys had a return on equity of 5.83% and a net margin of 8.91%.The firm had revenue of $2.28 billion for the quarter, compared to analysts’ expectations of $2.25 billion. During the same quarter last year, the firm posted $3.67 EPS. The company’s revenue was up 41.9% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. As a group, equities analysts predict that Synopsys, Inc. will post 10.65 EPS for the current fiscal year.

Synopsys 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.