Synopsys, Inc. $SNPS Shares Bought by Riverbridge Partners LLC

Riverbridge Partners LLC grew its position in Synopsys, Inc. (NASDAQ:SNPS) by 20.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,118 shares of the semiconductor company’s stock after buying an additional 8,431 shares during the quarter. Riverbridge Partners LLC’s holdings in Synopsys were worth $19,474,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SNPS. Brighton Jones LLC raised its position in shares of Synopsys by 5.7% during the 4th quarter. Brighton Jones LLC now owns 921 shares of the semiconductor company’s stock worth $447,000 after purchasing an additional 50 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in Synopsys by 11.6% during the 1st quarter. Integrated Wealth Concepts LLC now owns 760 shares of the semiconductor company’s stock worth $326,000 after purchasing an additional 79 shares in the last quarter. NewEdge Advisors LLC raised its stake in Synopsys by 15.1% in the 1st quarter. NewEdge Advisors LLC now owns 3,010 shares of the semiconductor company’s stock valued at $1,291,000 after purchasing an additional 395 shares during the last quarter. WINTON GROUP Ltd lifted its holdings in Synopsys by 9.2% in the 2nd quarter. WINTON GROUP Ltd now owns 758 shares of the semiconductor company’s stock valued at $389,000 after purchasing an additional 64 shares in the last quarter. Finally, Treasurer of the State of North Carolina lifted its holdings in Synopsys by 2.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 72,095 shares of the semiconductor company’s stock valued at $36,962,000 after purchasing an additional 1,505 shares in the last quarter. Institutional investors and hedge funds own 85.47% of the company’s stock.

Key Synopsys News

Here are the key news stories impacting Synopsys this week:

• Positive Sentiment: Piper Sandler upgraded Synopsys to Overweight and lifted its price target, citing stronger IP business prospects and potential tailwinds from Intel foundry activity and Apple-related opportunities. Synopsys upgraded at Piper Sandler on Intel foundry momentum, Apple opportunity
• Positive Sentiment: Commentary continues to highlight Synopsys as a strong AI-era semiconductor software name, with recurring revenue, expanding AI-driven design tools, and IP licensing viewed as competitive advantages. Synopsys vs. Applied Digital: Which AI Stock Has an Edge Right Now?
• Positive Sentiment: Several recent articles frame the stock’s pullback as potentially attractive, with some analysts/model-driven commentary suggesting meaningful upside from current levels. Synopsys Eyes 23% Upside Despite Recent Pullback
• Neutral Sentiment: Additional coverage focused on broader Wall Street research-call roundups and general analyst optimism for Synopsys, which reinforces sentiment but does not add a new company-specific catalyst. Here Are Tuesday’s Best Wall Street Analyst Research Calls: Centene, Darden Restaurants, Flutter Entertainment, GE Healthcare, IBM, Nike, SpaceX, Synopsys, Target, and More

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. BNP Paribas Exane lifted their price target on shares of Synopsys from $425.00 to $450.00 and gave the stock an “underperform” rating in a report on Thursday, May 28th. Robert W. Baird set a $558.00 price objective on shares of Synopsys in a research note on Thursday, May 28th. Wells Fargo & Company lifted their target price on shares of Synopsys from $505.00 to $535.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 28th. Needham & Company LLC reiterated a “buy” rating and issued a $580.00 price target on shares of Synopsys in a report on Thursday, May 28th. Finally, Citigroup increased their price target on Synopsys from $600.00 to $610.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Ten investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $570.06.

Synopsys Trading Down 0.7%

NASDAQ SNPS opened at $461.50 on Wednesday. The company has a market cap of $88.37 billion, a P/E ratio of 106.83, a P/E/G ratio of 2.73 and a beta of 1.22. Synopsys, Inc. has a 12 month low of $376.18 and a 12 month high of $651.73. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.43 and a quick ratio of 1.32. The company has a 50-day moving average of $481.71 and a 200-day moving average of $462.29.

Synopsys (NASDAQ:SNPS) last released its earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.15 by $0.20. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The business had revenue of $2.28 billion for the quarter, compared to analysts’ expectations of $2.25 billion. During the same period last year, the company earned $3.67 earnings per share. The company’s quarterly revenue was up 41.9% on a year-over-year basis. 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 predict that Synopsys, Inc. will post 10.65 earnings per share for the current year.

Insiders Place Their Bets

In related news, CFO Shelagh Glaser sold 3,394 shares of the stock in a transaction 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 directly owned 14,358 shares of the company’s stock, valued at approximately $6,461,387.16. This trade represents a 19.12% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,603 shares of Synopsys stock in a transaction on Monday, June 15th. The shares were sold at an average price of $458.96, for a total value of $6,702,192.88. Following the completion of the transaction, the chief executive officer owned 75,020 shares in the company, valued at $34,431,179.20. The trade was a 16.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.56% of the stock is owned by company insiders.

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.