Synopsys (NASDAQ:SNPS) CEO Sassine Ghazi Sells 14,604 Shares of Stock

Synopsys, Inc. (NASDAQ:SNPS) CEO Sassine Ghazi sold 14,604 shares of the business’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $374.88, for a total transaction of $5,474,747.52. Following the transaction, the chief executive officer owned 76,865 shares in the company, valued at $28,815,151.20. The trade was a 15.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Synopsys Stock Up 2.9%

Shares of NASDAQ SNPS opened at $378.47 on Thursday. The company has a quick ratio of 1.24, a current ratio of 1.34 and a debt-to-equity ratio of 0.29. The firm has a market cap of $72.53 billion, a PE ratio of 66.87, a P/E/G ratio of 2.02 and a beta of 1.23. The company’s fifty day simple moving average is $403.58 and its 200 day simple moving average is $436.79. Synopsys, Inc. has a 12-month low of $362.55 and a 12-month high of $539.48.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share for the quarter, beating the consensus estimate of $3.67 by $0.24. The firm had revenue of $2.48 billion during the quarter, compared to the consensus estimate of $2.44 billion. Synopsys had a net margin of 11.43% and a return on equity of 6.24%. The business’s revenue was up 42.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.39 earnings per share. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. As a group, sell-side analysts forecast that Synopsys, Inc. will post 10.97 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

SNPS has been the topic of several recent research reports. Benchmark reiterated a “buy” rating and issued a $570.00 price target on shares of Synopsys in a report on Thursday, August 27th. Bank of America upped their target price on Synopsys from $515.00 to $600.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. Morgan Stanley cut their target price on Synopsys from $525.00 to $500.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 19th. Rosenblatt Securities reissued a “buy” rating and issued a $575.00 price target on shares of Synopsys in a research report on Tuesday, August 25th. Finally, Berenberg Bank set a $633.00 price target on shares of Synopsys in a research note on Wednesday, May 27th. Thirteen analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $562.67.

Institutional Investors Weigh In On Synopsys

Several institutional investors have recently bought and sold shares of SNPS. Sequoia Financial Advisors LLC grew its stake in shares of Synopsys by 19.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 14,866 shares of the semiconductor company’s stock worth $6,631,000 after acquiring an additional 2,377 shares in the last quarter. Gemmer Asset Management LLC purchased a new stake in shares of Synopsys in the second quarter valued at about $224,000. National Pension Service lifted its position in shares of Synopsys by 1.9% during the second quarter. National Pension Service now owns 470,136 shares of the semiconductor company’s stock valued at $209,714,000 after purchasing an additional 8,748 shares in the last quarter. Engineers Gate Manager LP boosted its holdings in Synopsys by 172.7% during the second quarter. Engineers Gate Manager LP now owns 16,365 shares of the semiconductor company’s stock worth $7,300,000 after purchasing an additional 10,363 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC grew its position in Synopsys by 30.4% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 1,236 shares of the semiconductor company’s stock worth $551,000 after purchasing an additional 288 shares in the last quarter. Institutional investors own 85.47% of the company’s stock.

Synopsys Company Profile

Synopsys, Inc is a technology company that develops electronic design automation (EDA) software, semiconductor intellectual property (IP), and related services. Its products help semiconductor and electronics companies design, verify, test and manufacture integrated circuits and complex electronic systems.

The company’s EDA portfolio includes tools for digital and analog design, simulation, verification, physical implementation, signoff and manufacturing preparation. Synopsys also provides reusable semiconductor IP, including processor cores, interface technologies, embedded memories and security-related components, which customers can incorporate into system-on-chip designs.

Synopsys additionally offers software integrity and application security solutions that help organizations identify and manage vulnerabilities and risks in the software development lifecycle.