Synopsys, Inc. $SNPS Shares Purchased by Asset One Wealth Management LLC

Asset One Wealth Management LLC grew its holdings in Synopsys, Inc. (NASDAQ:SNPS) by 15.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,985 shares of the semiconductor company’s stock after purchasing an additional 1,337 shares during the quarter. Asset One Wealth Management LLC’s holdings in Synopsys were worth $4,343,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of SNPS. Elevation Wealth Partners LLC increased its holdings in Synopsys by 96.4% during the 2nd quarter. Elevation Wealth Partners LLC now owns 55 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 27 shares in the last quarter. Osbon Capital Management LLC bought a new position in Synopsys in the 2nd quarter valued at $25,000. IMG Wealth Management Inc. acquired a new position in shares of Synopsys in the 2nd quarter valued at $28,000. GK Wealth Management LLC bought a new stake in Synopsys in the third quarter valued at approximately $28,000. Finally, EFG International AG acquired a new stake in shares of Synopsys in the 2nd quarter valued at $34,000. 85.47% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. BNP Paribas Exane raised their price target on Synopsys from $420.00 to $475.00 and gave the stock a “neutral” rating in a research report on Thursday, October 1st. Sanford C. Bernstein assumed coverage on shares of Synopsys in a research report on Friday, September 25th. They set an “outperform” rating on the stock. Rosenblatt Securities upped their price objective on Synopsys from $575.00 to $620.00 and gave the stock a “buy” rating in a research report on Thursday, October 1st. Weiss Ratings downgraded shares of Synopsys from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, September 11th. Finally, Needham & Company LLC raised their price objective on Synopsys from $580.00 to $620.00 and gave the company a “buy” rating in a research report on Monday, October 12th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $575.00.

Insider Buying and Selling

In other Synopsys news, insider Janet Lee sold 1,144 shares of the firm’s stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $502.52, for a total transaction of $574,882.88. Following the completion of the transaction, the insider owned 16,534 shares in the company, valued at $8,308,665.68. This trade represents a 6.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Sassine Ghazi sold 14,604 shares of the firm’s stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $462.84, for a total transaction of $6,759,315.36. Following the completion of the transaction, the chief executive officer directly owned 76,865 shares of the company’s stock, valued at approximately $35,576,196.60. This trade represents a 15.97% 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. Insiders sold a total of 117,163 shares of company stock worth $51,366,457 in the last quarter. Corporate insiders own 0.56% of the company’s stock.

Synopsys Stock Up 2.3%

SNPS opened at $450.46 on Friday. The company’s 50-day moving average is $441.61 and its 200 day moving average is $442.27. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.34 and a quick ratio of 1.24. Synopsys, Inc. has a fifty-two week low of $362.55 and a fifty-two week high of $539.48. The firm has a market capitalization of $86.33 billion, a P/E ratio of 79.59, a PEG ratio of 1.48 and a beta of 1.18.

Synopsys (NASDAQ:SNPS) last released its quarterly earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.67 by $0.24. Synopsys had a return on equity of 6.24% and a net margin of 11.43%. The business had revenue of $2.48 billion during the quarter, compared to the consensus estimate of $2.44 billion. During the same period in the previous year, the company posted $3.39 EPS. The business’s quarterly revenue was up 42.4% compared to the same quarter last year. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. Research analysts expect that Synopsys, Inc. will post 11.01 earnings per share for the current fiscal year.

Synopsys declared that its board has authorized a share repurchase plan on Monday, October 5th that permits the company to buy back $1 billion in outstanding shares. This buyback authorization permits the semiconductor company to reacquire up to 1.1% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.

About Synopsys

Synopsys, Inc develops software, semiconductor intellectual property (IP) and services used to design and verify electronic systems. Its electronic design automation (EDA) tools help customers create, simulate, test and validate chips and other complex electronic products, while its IP portfolio provides reusable building blocks for semiconductor designs.

The company also offers software security and quality tools that help developers identify vulnerabilities and assess applications throughout the software development process.