Cardinal Point Capital Management ULC Sells 1,000 Shares of Synopsys, Inc. $SNPS

Cardinal Point Capital Management ULC trimmed its stake in Synopsys, Inc. (NASDAQ:SNPS) by 28.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,507 shares of the semiconductor company’s stock after selling 1,000 shares during the quarter. Cardinal Point Capital Management ULC’s holdings in Synopsys were worth $1,178,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Millstone Evans Group LLC bought a new stake in Synopsys during the third quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Synopsys in the 4th quarter valued at about $28,000. Oakworth Capital Inc. increased its stake in shares of Synopsys by 3,700.0% during 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 last quarter. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Synopsys during the 3rd quarter worth about $38,000. Finally, WealthCollab LLC raised its holdings in shares of Synopsys by 110.8% in the 3rd quarter. WealthCollab LLC now owns 78 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 41 shares during the period. Institutional investors and hedge funds own 85.47% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on SNPS shares. The Goldman Sachs Group set a $600.00 target price on shares of Synopsys and gave the company a “buy” rating in a research note on Wednesday, February 25th. Rosenblatt Securities dropped their price objective on Synopsys from $560.00 to $530.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Synopsys in a research report on Thursday, January 22nd. Wells Fargo & Company decreased their target price on Synopsys from $500.00 to $450.00 and set an “equal weight” rating on the stock in a report on Thursday, February 26th. Finally, Piper Sandler cut their price target on Synopsys from $520.00 to $430.00 and set a “neutral” rating for the company in a report on Thursday, February 26th. Eight equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Synopsys currently has an average rating of “Hold” and an average price target of $532.33.

Synopsys Stock Performance

Shares of NASDAQ SNPS opened at $509.28 on Thursday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.36 and a quick ratio of 1.26. The stock’s fifty day moving average price is $441.11 and its two-hundred day moving average price is $448.68. Synopsys, Inc. has a one year low of $376.18 and a one year high of $651.73. The firm has a market cap of $97.56 billion, a price-to-earnings ratio of 79.08, a P/E/G ratio of 4.19 and a beta of 1.25.

Synopsys (NASDAQ:SNPS) last posted its earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, topping analysts’ consensus estimates of $3.56 by $0.21. Synopsys had a return on equity of 6.83% and a net margin of 13.76%.The company 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 earned $3.03 earnings per share. The company’s revenue was up 65.6% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. On average, equities analysts forecast that Synopsys, Inc. will post 10.3 EPS for the current year.

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.