Security National Bank Boosts Holdings in Synopsys, Inc. $SNPS

Security National Bank raised its position in Synopsys, Inc. (NASDAQ:SNPS) by 17.2% in the 2nd quarter, Holdings Channel reports. The firm owned 15,082 shares of the semiconductor company’s stock after buying an additional 2,216 shares during the quarter. Security National Bank’s holdings in Synopsys were worth $6,728,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in SNPS. Tensor Edge Capital LLC boosted its stake in Synopsys by 127.7% during the second quarter. Tensor Edge Capital LLC now owns 210,000 shares of the semiconductor company’s stock valued at $93,675,000 after buying an additional 117,780 shares during the period. Gemmer Asset Management LLC bought a new position in Synopsys in the 2nd quarter worth about $224,000. Spire Wealth Management increased its stake in Synopsys by 21.7% in the 2nd quarter. Spire Wealth Management now owns 1,020 shares of the semiconductor company’s stock worth $455,000 after acquiring an additional 182 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Synopsys by 175.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 32,601 shares of the semiconductor company’s stock valued at $13,393,000 after acquiring an additional 20,786 shares in the last quarter. Finally, Salem Investment Counselors Inc. boosted its position in shares of Synopsys by 35,910.0% during the 2nd quarter. Salem Investment Counselors Inc. now owns 3,601 shares of the semiconductor company’s stock valued at $1,606,000 after acquiring an additional 3,591 shares during the last quarter. 85.47% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on SNPS shares. Benchmark started coverage on Synopsys in a report on Wednesday, July 15th. They set a “buy” rating and a $570.00 price objective for the company. KeyCorp reiterated an “overweight” rating on shares of Synopsys in a research report on Thursday, May 28th. Citigroup boosted their price target on shares of Synopsys from $600.00 to $610.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Zacks Research raised shares of Synopsys from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Synopsys in a research report on Monday, June 8th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Synopsys presently has a consensus rating of “Moderate Buy” and a consensus price target of $565.06.

Insiders Place Their Bets

In related news, CEO Sassine Ghazi sold 14,603 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $458.96, for a total transaction of $6,702,192.88. Following the transaction, the chief executive officer owned 75,020 shares of the company’s stock, valued at approximately $34,431,179.20. This trade represents a 16.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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. Also, CFO Shelagh Glaser sold 3,394 shares of Synopsys stock in a transaction on Friday, June 12th. The stock was sold at an average price of $450.02, for a total transaction of $1,527,367.88. Following the completion of the transaction, the chief financial officer owned 14,358 shares in the company, valued at approximately $6,461,387.16. The trade was a 19.12% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.56% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Synopsys

Here are the key news stories impacting Synopsys this week:

• Positive Sentiment: Synopsys’ AI initiatives across chip design, verification and simulation could improve customer productivity and reinforce its position in the semiconductor software market. This supports the long-term growth case, particularly as demand for AI chips expands. Can SNPS Leverage AI to Accelerate Chip Design and Drive Growth?
• Positive Sentiment: Recent coverage remains bullish on Synopsys’ potential to reach $650, citing approximately 42% revenue growth, raised guidance and the completed $35 billion acquisition. However, the price target is speculative and depends on investors assigning greater value to the company’s growth prospects. Prediction: Synopsys Will Hit $650 on This Date
• Positive Sentiment: Strength in memory and storage stocks, along with continued investor demand for semiconductor-focused ETFs, indicates that enthusiasm for AI and the broader chip ecosystem remains supportive for Synopsys’ electronic-design-automation business. Memory Stocks Stay Strong With SanDisk, SK Hynix, and Western Digital Leading the Storage Stack
• Neutral Sentiment: General Counsel Janet Lee is leaving the role but transitioning to an advisory position. The orderly handoff may limit disruption, although leadership changes can create near-term uncertainty. Synopsys Announces General Counsel Janet Lee’s Departure and Advisory Role Transition
• Negative Sentiment: Wells Fargo lowered its expectations for Synopsys’ stock, which can weigh on sentiment and reinforce concerns that the shares’ valuation does not yet reflect the company’s growth potential. Wells Fargo Has Lowered Expectations for Synopsys Stock Price
• Negative Sentiment: Fidelity’s warning that the semiconductor cycle may be nearing a peak introduces a broader sector risk. If chip spending or AI-related enthusiasm cools, high-growth suppliers such as Synopsys could face valuation pressure despite solid fundamentals. Semiconductor Flows Stay Sticky Despite Cycle-Peak Warning

Synopsys Stock Performance

Shares of NASDAQ SNPS opened at $411.75 on Friday. The stock has a market cap of $78.84 billion, a price-to-earnings ratio of 95.31, a P/E/G ratio of 2.42 and a beta of 1.23. The company has a current ratio of 1.43, a quick ratio of 1.32 and a debt-to-equity ratio of 0.33. Synopsys, Inc. has a 1-year low of $366.00 and a 1-year high of $626.24. The stock’s 50-day moving average is $426.49 and its 200 day moving average is $443.50.

Synopsys (NASDAQ:SNPS) last issued 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 return on equity of 5.83% and a net margin of 8.91%.The business had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.25 billion. During the same quarter in the prior year, the firm earned $3.67 earnings per share. Synopsys’s revenue for the quarter 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. On average, sell-side analysts anticipate 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.