Synopsys, Inc. $SNPS Shares Acquired by Lazard Asset Management LLC

Lazard Asset Management LLC grew its position in shares of Synopsys, Inc. (NASDAQ:SNPS) by 1.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 390,010 shares of the semiconductor company’s stock after buying an additional 4,086 shares during the period. Lazard Asset Management LLC’s holdings in Synopsys were worth $154,631,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Norges Bank acquired a new stake in Synopsys during the fourth quarter valued at $730,197,000. State Street Corp increased its holdings 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 buying an additional 1,493,912 shares in the last quarter. Farallon Capital Management LLC acquired a new position in shares of Synopsys in the fourth quarter worth about $469,344,000. Primecap Management Co. CA raised its position in shares of Synopsys by 743.6% in the fourth quarter. Primecap Management Co. CA now owns 734,800 shares of the semiconductor company’s stock worth $345,150,000 after acquiring an additional 647,700 shares during the period. Finally, Employees Provident Fund Board purchased a new stake in shares of Synopsys during the 4th quarter worth about $302,661,000. 85.47% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Synopsys

In other news, CFO Shelagh Glaser sold 3,394 shares of Synopsys 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 sale, the chief financial officer directly owned 14,358 shares of the company’s stock, valued at $6,461,387.16. The trade was a 19.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,603 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $458.96, for a total value of $6,702,192.88. Following the sale, the chief executive officer owned 75,020 shares of the company’s stock, valued at $34,431,179.20. The trade was a 16.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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 currently owned by insiders.

Analyst Upgrades and Downgrades

SNPS has been the topic of a number of analyst reports. Benchmark assumed coverage on Synopsys in a research report on Wednesday, July 15th. They set a “buy” rating and a $570.00 target price on the stock. Rosenblatt Securities increased their price target on Synopsys from $530.00 to $575.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Berenberg Bank set a $633.00 price objective on Synopsys in a report on Wednesday, May 27th. Weiss Ratings restated a “hold (c-)” rating on shares of Synopsys in a research report on Monday, June 8th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $580.00 target price on shares of Synopsys in a research note on Thursday, May 28th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $570.06.

Synopsys Price Performance

Shares of NASDAQ SNPS opened at $373.47 on Monday. The company’s 50-day simple moving average is $456.13 and its 200-day simple moving average is $454.98. Synopsys, Inc. has a 52-week low of $366.00 and a 52-week high of $651.73. The firm has a market cap of $71.51 billion, a price-to-earnings ratio of 86.45, a price-to-earnings-growth ratio of 2.19 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 (NASDAQ:SNPS) last released its earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $2.25 billion. During the same quarter in the previous 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. Equities analysts predict that Synopsys, Inc. will post 10.65 EPS for the current fiscal year.

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.