Korea Investment CORP Takes $62.26 Million Position in Synopsys, Inc. $SNPS

Korea Investment CORP bought a new stake in Synopsys, Inc. (NASDAQ:SNPS) during the second quarter, Holdings Channel reports. The institutional investor bought 139,583 shares of the semiconductor company’s stock, valued at approximately $62,264,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Synopsys in the second quarter valued at approximately $747,400,000. China Universal Asset Management Co. Ltd. boosted its position in shares of Synopsys by 31.8% during the 4th quarter. China Universal Asset Management Co. Ltd. now owns 14,810 shares of the semiconductor company’s stock valued at $6,957,000 after acquiring an additional 3,575 shares in the last quarter. Norges Bank acquired a new stake in Synopsys during the fourth quarter valued at approximately $730,197,000. SBI Okasan Asset Management Co.Ltd. acquired a new stake in Synopsys in the 4th quarter valued at $1,699,000. Finally, Atreides Management LP acquired a new stake in shares of Synopsys in the 1st quarter valued at $54,288,000. 85.47% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CFO Shelagh Glaser sold 3,394 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were 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 in the company, valued at approximately $6,461,387.16. This represents a 19.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 the company’s stock in a transaction that occurred 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 directly owned 75,020 shares in the company, valued at $34,431,179.20. The trade was a 16.29% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 0.56% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on SNPS. Wells Fargo & Company decreased their price target on Synopsys from $535.00 to $450.00 and set an “equal weight” rating on the stock in a research report on Tuesday, August 11th. Benchmark reiterated a “buy” rating on shares of Synopsys in a research report on Wednesday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Synopsys in a research note on Monday, June 8th. Robert W. Baird set a $558.00 target price on shares of Synopsys in a research note on Thursday, May 28th. Finally, Stifel Nicolaus increased their price target on Synopsys from $550.00 to $600.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $563.59.

Synopsys Stock Performance

SNPS opened at $397.87 on Friday. The firm has a market capitalization of $76.18 billion, a PE ratio of 92.10, a PEG ratio of 2.34 and a beta of 1.23. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.32 and a current ratio of 1.43. Synopsys, Inc. has a 52-week low of $366.00 and a 52-week high of $615.79. The business’s 50-day simple moving average is $419.73 and its 200 day simple moving average is $440.22.

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

Synopsys Company 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.