Swiss National Bank grew its stake in shares of Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 10.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 561,455 shares of the semiconductor company’s stock after acquiring an additional 52,480 shares during the period. Swiss National Bank’s holdings in Synopsys were worth $222,606,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of the stock. Norges Bank purchased a new stake in shares of Synopsys during the fourth quarter worth $730,197,000. State Street Corp grew its stake in Synopsys by 20.6% in the third quarter. State Street Corp now owns 8,760,358 shares of the semiconductor company’s stock valued at $4,322,273,000 after purchasing an additional 1,493,912 shares in the last quarter. Farallon Capital Management LLC purchased a new position in Synopsys in the fourth quarter valued at about $469,344,000. Assenagon Asset Management S.A. increased its position in Synopsys by 390.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,186,879 shares of the semiconductor company’s stock worth $557,501,000 after purchasing an additional 944,973 shares during the last quarter. Finally, Primecap Management Co. CA raised its stake in shares of Synopsys by 743.6% during the 4th quarter. Primecap Management Co. CA now owns 734,800 shares of the semiconductor company’s stock worth $345,150,000 after purchasing an additional 647,700 shares in the last quarter. 85.47% of the stock is owned by institutional investors and hedge funds.
Key Stories Impacting Synopsys
Here are the key news stories impacting Synopsys this week:
- Positive Sentiment: Benchmark upgraded Synopsys (SNPS) to strong-buy, reinforcing a bullish long-term view on AI-driven demand for electronic design automation software. Zacks.com
- Positive Sentiment: Synopsys continues to have strong analyst support overall, with brokerage ratings averaging Moderate Buy and several recent price targets well above the current share price. American Banking News
- Neutral Sentiment: New commentary suggests the recent pullback may be a “buy the dip” opportunity, but that view is still based on technical support levels rather than a new fundamental catalyst. Trefis
- Negative Sentiment: SNPS is falling alongside a broader chip and tech selloff, which is weighing on sentiment across the semiconductor group. Benzinga
- Negative Sentiment: Investors are also worried about muted growth in Synopsys’s Design IP business and export-control headwinds, which may be limiting enthusiasm despite the earnings beat. Quiver Quantitative
Insider Buying and Selling
Synopsys Stock Performance
SNPS opened at $384.27 on Monday. The company has a market cap of $73.58 billion, a PE ratio of 88.95, a price-to-earnings-growth ratio of 2.26 and a beta of 1.22. The stock has a 50-day moving average of $469.31 and a 200-day moving average of $458.48. Synopsys, Inc. has a 52-week low of $366.00 and a 52-week high of $651.73. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.32 and a current ratio of 1.43.
Synopsys (NASDAQ:SNPS – Get Free Report) last issued its quarterly earnings data 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 business had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.25 billion. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. Synopsys’s revenue for the quarter was up 41.9% on a year-over-year basis. During the same period in the previous year, the company earned $3.67 earnings per share. 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 research analysts forecast that Synopsys, Inc. will post 10.65 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on SNPS shares. Citigroup lifted their price target on Synopsys from $600.00 to $610.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Needham & Company LLC restated a “buy” rating and issued a $580.00 price objective on shares of Synopsys in a report on Thursday, May 28th. Zacks Research upgraded shares of Synopsys from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. KeyCorp reiterated an “overweight” rating on shares of Synopsys in a research note on Thursday, May 28th. Finally, Stifel Nicolaus boosted their target price 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. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Synopsys has a consensus rating of “Moderate Buy” and an average price target of $570.06.
Read Our Latest Analysis on SNPS
About Synopsys
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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