Meeder Advisory Services Inc. Invests $2.17 Million in Synopsys, Inc. $SNPS

Meeder Advisory Services Inc. purchased a new stake in Synopsys, Inc. (NASDAQ:SNPS) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 4,859 shares of the semiconductor company’s stock, valued at approximately $2,167,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Meeder Asset Management Inc. acquired a new position in shares of Synopsys during the second quarter valued at about $56,000. Tiemann Investment Advisors LLC bought a new stake in shares of Synopsys during the second quarter worth about $359,000. Citizens Financial Group Inc. RI acquired a new stake in shares of Synopsys in the 2nd quarter worth about $1,290,000. Buckland Partners Management Co LLC acquired a new stake in shares of Synopsys in the 2nd quarter worth about $14,720,000. Finally, UNIVEST FINANCIAL Corp bought a new position in Synopsys in the 2nd quarter valued at about $14,692,000. Institutional investors own 85.47% of the company’s stock.

Insider Buying and Selling at Synopsys

In other Synopsys news, CFO Shelagh Glaser sold 3,394 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $450.02, for a total value of $1,527,367.88. Following the transaction, the chief financial officer owned 14,358 shares of the company’s stock, valued at approximately $6,461,387.16. The trade was a 19.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,603 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $458.96, for a total value of $6,702,192.88. Following the completion of the transaction, the chief executive officer owned 75,020 shares of the company’s stock, valued at $34,431,179.20. This trade represents a 16.29% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.56% of the stock is currently owned by insiders.

Synopsys Trading Down 2.1%

Shares of SNPS stock opened at $404.41 on Wednesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.32 and a current ratio of 1.43. The company has a market capitalization of $77.44 billion, a price-to-earnings ratio of 93.61, a PEG ratio of 2.48 and a beta of 1.23. Synopsys, Inc. has a 52-week low of $366.00 and a 52-week high of $624.82. The company has a 50-day simple moving average of $423.21 and a two-hundred day simple moving average of $441.54.

Synopsys (NASDAQ:SNPS) last announced its earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share for the quarter, topping analysts’ consensus estimates of $3.15 by $0.20. The firm had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.25 billion. Synopsys had a return on equity of 5.83% and a net margin of 8.91%.The company’s revenue was up 41.9% compared to the same quarter last year. During the same quarter in the previous year, the business 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 anticipate that Synopsys, Inc. will post 10.65 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have commented on SNPS. Piper Sandler raised Synopsys from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $450.00 to $550.00 in a report on Tuesday, June 23rd. BNP Paribas Exane increased their price objective on Synopsys from $425.00 to $450.00 and gave the stock an “underperform” rating in a research note on Thursday, May 28th. Needham & Company LLC restated a “buy” rating and issued a $580.00 target price on shares of Synopsys in a report on Thursday, May 28th. Stifel Nicolaus lifted their target price on Synopsys from $550.00 to $600.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Finally, Robert W. Baird set a $558.00 price target on Synopsys in a report on Thursday, May 28th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $565.06.

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.