Swiss National Bank reduced its stake in shares of Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 4.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 508,975 shares of the semiconductor company’s stock after selling 25,400 shares during the period. Swiss National Bank owned 0.27% of Synopsys worth $239,076,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of SNPS. Brighton Jones LLC lifted its holdings 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 acquiring an additional 50 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in shares of 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 acquiring an additional 79 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Synopsys by 15.1% during the 1st quarter. NewEdge Advisors LLC now owns 3,010 shares of the semiconductor company’s stock worth $1,291,000 after acquiring an additional 395 shares during the period. WINTON GROUP Ltd lifted its holdings in shares of Synopsys by 9.2% during the 2nd quarter. WINTON GROUP Ltd now owns 758 shares of the semiconductor company’s stock worth $389,000 after acquiring an additional 64 shares during the period. Finally, Treasurer of the State of North Carolina lifted its holdings in shares of Synopsys by 2.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 72,095 shares of the semiconductor company’s stock worth $36,962,000 after acquiring an additional 1,505 shares during the period. 85.47% of the stock is currently owned by hedge funds and other institutional investors.
Synopsys Stock Down 0.9%
Shares of NASDAQ:SNPS opened at $456.29 on Friday. 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, Inc. has a 52-week low of $376.18 and a 52-week high of $651.73. The company has a 50 day moving average of $472.42 and a two-hundred day moving average of $460.47. The company has a market capitalization of $87.37 billion, a price-to-earnings ratio of 105.62, a price-to-earnings-growth ratio of 2.71 and a beta of 1.22.
Analysts Set New Price Targets
Several research analysts recently commented on SNPS shares. Robert W. Baird set a $558.00 price target on shares of Synopsys in a report on Thursday, May 28th. Berenberg Bank set a $633.00 price target on shares of Synopsys in a report on Wednesday, May 27th. KeyCorp restated an “overweight” rating on shares of Synopsys in a report on Thursday, May 28th. Stifel Nicolaus raised their price target on shares of Synopsys from $550.00 to $600.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, Needham & Company LLC restated a “buy” rating and issued a $580.00 price target on shares of Synopsys in a report on Thursday, May 28th. Nine investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $563.81.
Read Our Latest Analysis on Synopsys
About Synopsys
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.
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