10,600 Synopsys, Inc. $SNPS Shares Acquired by Robeco Schweiz AG

Robeco Schweiz AG raised its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 40.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,800 shares of the semiconductor company’s stock after purchasing an additional 10,600 shares during the period. Robeco Schweiz AG’s holdings in Synopsys were worth $16,006,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. purchased a new position in Synopsys during the 2nd quarter valued at approximately $7,228,099,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Synopsys in the 2nd quarter worth approximately $747,400,000. Bank of New York Mellon Corp bought a new stake in Synopsys in the 2nd quarter worth approximately $692,074,000. Bank of America Corp DE bought a new stake in Synopsys in the 2nd quarter worth approximately $539,986,000. Finally, Legal & General Group Plc purchased a new stake in shares of Synopsys during the 2nd quarter worth approximately $491,923,000. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Synopsys Stock Up 1.8%

NASDAQ:SNPS opened at $430.14 on Friday. Synopsys, Inc. has a twelve month low of $362.55 and a twelve month high of $539.48. The company has a market cap of $82.43 billion, a price-to-earnings ratio of 76.00, a price-to-earnings-growth ratio of 1.75 and a beta of 1.21. The stock has a fifty day simple moving average of $430.32 and a 200-day simple moving average of $443.18. The company has a current ratio of 1.34, a quick ratio of 1.24 and a debt-to-equity ratio of 0.29.

Synopsys (NASDAQ:SNPS) last issued its 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 net margin of 11.43% and a return on equity of 6.24%. The firm had revenue of $2.48 billion during the quarter, compared to analyst estimates of $2.44 billion. During the same period in the previous year, the firm earned $3.39 earnings per share. The business’s revenue was up 42.4% on a year-over-year basis. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. Analysts anticipate that Synopsys, Inc. will post 11.01 EPS for the current year.

Synopsys declared that its board has approved a stock repurchase program on Monday, October 5th that permits the company to buy back $1.00 billion in shares. This buyback authorization permits the semiconductor company to repurchase up to 1.1% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board of directors believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on SNPS shares. Bank of America boosted their price target on shares of Synopsys from $500.00 to $600.00 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 note on Friday, September 11th. HSBC lowered shares of Synopsys from a “buy” rating to a “reduce” rating in a research report on Friday, September 25th. Robert W. Baird raised shares of Synopsys from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $558.00 to $560.00 in a research note on Thursday, August 27th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Synopsys from $650.00 to $600.00 in a report on Thursday, August 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $575.00.

Insider Activity at Synopsys

In other news, CEO Sassine Ghazi sold 14,604 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $374.88, for a total transaction of $5,474,747.52. Following the transaction, the chief executive officer directly owned 76,865 shares of the company’s stock, valued at approximately $28,815,151.20. This trade represents a 15.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Janet Lee sold 1,144 shares of the firm’s stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $502.52, for a total transaction of $574,882.88. Following the transaction, the insider directly owned 16,534 shares in the company, valued at approximately $8,308,665.68. This trade represents a 6.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 117,163 shares of company stock valued at $51,366,457 over the last 90 days. 0.56% of the stock is currently owned by insiders.

Synopsys Profile

Synopsys, Inc is an electronic design automation (EDA) and semiconductor intellectual property company serving the global semiconductor and electronics industries. Its software helps engineers design, verify, test and manufacture advanced integrated circuits and electronic systems.

The company’s products and services support digital and analog design, functional verification, design-for-test, manufacturing and semiconductor engineering workflows. Synopsys also provides reusable semiconductor IP, including processor cores, interface technologies, security solutions and other components used in system-on-chip designs.

In addition to its semiconductor design offerings, Synopsys provides software development and application security tools intended to help organizations identify and manage vulnerabilities and risks across the software development lifecycle.