New York State Teachers Retirement System Boosts Position in Synopsys, Inc. $SNPS

New York State Teachers Retirement System lifted its position in Synopsys, Inc. (NASDAQ:SNPSFree Report) by 23.9% in the third quarter, HoldingsChannel reports. The firm owned 144,652 shares of the semiconductor company’s stock after buying an additional 27,859 shares during the period. New York State Teachers Retirement System’s holdings in Synopsys were worth $71,370,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SNPS. Norges Bank acquired a new position in Synopsys in the 2nd quarter valued at about $647,964,000. Ameriprise Financial Inc. raised its position in shares of Synopsys by 29.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,598,874 shares of the semiconductor company’s stock valued at $1,333,095,000 after buying an additional 585,494 shares during the period. Ninety One UK Ltd acquired a new position in Synopsys in the third quarter valued at approximately $249,851,000. Aspex Management HK Ltd grew its position in Synopsys by 106.0% in the second quarter. Aspex Management HK Ltd now owns 645,895 shares of the semiconductor company’s stock worth $331,137,000 after acquiring an additional 332,364 shares during the period. Finally, Vanguard Group Inc. grew its position in Synopsys by 1.6% in the second quarter. Vanguard Group Inc. now owns 15,060,784 shares of the semiconductor company’s stock worth $7,721,363,000 after acquiring an additional 231,014 shares during the period. 85.47% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Janet Lee sold 250 shares of Synopsys stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $510.00, for a total value of $127,500.00. Following the completion of the transaction, the insider directly owned 12,209 shares in the company, valued at approximately $6,226,590. This trade represents a 2.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Shelagh Glaser sold 3,657 shares of the business’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $460.77, for a total value of $1,685,035.89. Following the transaction, the chief financial officer directly owned 17,842 shares of the company’s stock, valued at approximately $8,221,058.34. This represents a 17.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.62% of the stock is owned by corporate insiders.

Synopsys Stock Performance

Shares of Synopsys stock opened at $525.18 on Friday. The stock has a market capitalization of $100.48 billion, a price-to-earnings ratio of 65.73, a price-to-earnings-growth ratio of 4.37 and a beta of 1.12. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.62 and a quick ratio of 1.52. The business has a 50-day moving average of $445.06 and a 200 day moving average of $504.57. Synopsys, Inc. has a 12 month low of $365.74 and a 12 month high of $651.73.

Synopsys (NASDAQ:SNPSGet Free Report) last issued its quarterly earnings results on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.79 by $0.11. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. The company had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.25 billion. During the same period in the prior year, the firm earned $3.40 earnings per share. The business’s revenue for the quarter was up 37.8% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.320-14.400 EPS and its Q1 2026 guidance at 3.520-3.580 EPS. As a group, sell-side analysts forecast that Synopsys, Inc. will post 10.64 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have commented on SNPS. JPMorgan Chase & Co. lifted their target price on Synopsys from $600.00 to $650.00 and gave the company an “overweight” rating in a research report on Thursday, December 11th. Needham & Company LLC raised their price objective on Synopsys from $550.00 to $580.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Bank of America upgraded shares of Synopsys from an “underperform” rating to a “neutral” rating and reduced their price objective for the company from $525.00 to $500.00 in a report on Monday, December 8th. BNP Paribas initiated coverage on shares of Synopsys in a research note on Thursday, October 2nd. They set an “underperform” rating and a $425.00 target price for the company. Finally, Morgan Stanley lifted their price target on shares of Synopsys from $510.00 to $550.00 and gave the company an “overweight” rating in a research report on Friday, December 12th. Eleven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Synopsys presently has a consensus rating of “Moderate Buy” and an average target price of $562.13.

Check Out Our Latest Research Report on Synopsys

Synopsys Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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