Synopsys (NASDAQ:SNPS) CFO Shelagh Glaser Sells 3,394 Shares

Synopsys, Inc. (NASDAQ:SNPSGet Free Report) CFO Shelagh Glaser sold 3,394 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $450.02, for a total value of $1,527,367.88. Following the transaction, the chief financial officer owned 14,358 shares of the company’s stock, valued at approximately $6,461,387.16. This represents a 19.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Synopsys Price Performance

SNPS traded up $1.64 during trading on Monday, reaching $455.53. The stock had a trading volume of 1,360,705 shares, compared to its average volume of 2,022,622. The firm has a market capitalization of $87.22 billion, a price-to-earnings ratio of 105.41, a price-to-earnings-growth ratio of 2.67 and a beta of 1.22. The company has a quick ratio of 1.32, a current ratio of 1.43 and a debt-to-equity ratio of 0.33. Synopsys, Inc. has a 1-year low of $376.18 and a 1-year high of $651.73. The stock has a 50 day moving average of $473.57 and a two-hundred day moving average of $460.82.

Synopsys (NASDAQ:SNPSGet Free Report) last released its earnings results 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 firm had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.25 billion. Synopsys had a return on equity of 5.83% and a net margin of 8.91%.The firm’s revenue for the quarter was up 41.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $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 analysts anticipate that Synopsys, Inc. will post 10.65 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SNPS. Sankala Group LLC bought a new position in shares of Synopsys in the fourth quarter valued at $25,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Synopsys during the 4th quarter valued at $28,000. Caitong International Asset Management Co. Ltd acquired a new stake in Synopsys during the 4th quarter valued at $28,000. IMG Wealth Management Inc. acquired a new stake in Synopsys during the 1st quarter valued at $30,000. Finally, Atlas Capital Advisors Inc. acquired a new stake in Synopsys during the 4th quarter valued at $32,000. Institutional investors own 85.47% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on SNPS shares. 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. Stifel Nicolaus upped their target price on Synopsys from $550.00 to $600.00 and gave the stock a “buy” rating in a research report on Thursday, May 28th. KeyCorp restated an “overweight” rating on shares of Synopsys in a research report on Thursday, May 28th. Needham & Company LLC reaffirmed a “buy” rating and issued a $580.00 price target on shares of Synopsys in a report on Thursday, May 28th. Finally, Robert W. Baird set a $558.00 price target on Synopsys in a report on Thursday, May 28th. Nine equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $563.81.

Get Our Latest Stock Report on SNPS

Synopsys Company Profile

(Get 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

Insider Buying and Selling by Quarter for Synopsys (NASDAQ:SNPS)

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