Rational Advisors Inc. trimmed its position in Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 96.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 58 shares of the semiconductor company’s stock after selling 1,558 shares during the period. Rational Advisors Inc.’s holdings in Synopsys were worth $27,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of the company. Natixis Advisors LLC boosted its holdings in Synopsys by 30.2% in the 4th quarter. Natixis Advisors LLC now owns 320,359 shares of the semiconductor company’s stock valued at $150,479,000 after purchasing an additional 74,234 shares during the period. New Mexico Educational Retirement Board boosted its holdings in Synopsys by 1.2% in the 4th quarter. New Mexico Educational Retirement Board now owns 8,426 shares of the semiconductor company’s stock valued at $3,958,000 after purchasing an additional 100 shares during the period. Ellevest Inc. boosted its holdings in Synopsys by 19.5% in the 4th quarter. Ellevest Inc. now owns 675 shares of the semiconductor company’s stock valued at $317,000 after purchasing an additional 110 shares during the period. SCS Capital Management LLC raised its position in Synopsys by 1.8% in the 4th quarter. SCS Capital Management LLC now owns 2,204 shares of the semiconductor company’s stock worth $1,035,000 after purchasing an additional 38 shares during the period. Finally, Peapack Gladstone Financial Corp raised its position in Synopsys by 666.7% in the 4th quarter. Peapack Gladstone Financial Corp now owns 7,391 shares of the semiconductor company’s stock worth $3,472,000 after purchasing an additional 6,427 shares during the period. 85.47% of the stock is owned by institutional investors.
Synopsys Price Performance
SNPS stock opened at $508.35 on Wednesday. The firm’s 50-day moving average price is $460.81 and its two-hundred day moving average price is $455.51. Synopsys, Inc. has a 12-month low of $376.18 and a 12-month high of $651.73. The stock has a market capitalization of $97.34 billion, a price-to-earnings ratio of 117.67, a PEG ratio of 3.89 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.
Analyst Ratings Changes
A number of equities analysts recently commented on SNPS shares. Robert W. Baird set a $558.00 target price on shares of Synopsys in a research report on Thursday, May 28th. Berenberg Bank set a $633.00 target price on shares of Synopsys in a research report on Wednesday, May 27th. Morgan Stanley lifted their target price 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. BNP Paribas Exane boosted their price objective on shares of Synopsys from $425.00 to $450.00 and gave the company an “underperform” rating in a research report on Thursday, May 28th. Finally, Bank of America boosted their price objective on shares of Synopsys from $515.00 to $600.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Nine analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $563.81.
Check Out Our Latest Stock Analysis on SNPS
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.
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