752 Shares in Synopsys, Inc. $SNPS Bought by Nwam LLC

Nwam LLC purchased a new stake in Synopsys, Inc. (NASDAQ:SNPS) in the 2nd quarter, HoldingsChannel reports. The fund purchased 752 shares of the semiconductor company’s stock, valued at approximately $386,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Brighton Jones LLC raised its stake in 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 buying an additional 50 shares during the period. Stephens Inc. AR raised its position in shares of Synopsys by 23.4% during the first quarter. Stephens Inc. AR now owns 2,053 shares of the semiconductor company’s stock worth $880,000 after purchasing an additional 389 shares during the period. Edgestream Partners L.P. bought a new position in shares of Synopsys in the 1st quarter worth $4,759,000. Apollon Wealth Management LLC grew its position in Synopsys by 12.3% in the 1st quarter. Apollon Wealth Management LLC now owns 4,486 shares of the semiconductor company’s stock valued at $1,924,000 after purchasing an additional 492 shares during the period. Finally, Dakota Wealth Management grew its position in Synopsys by 7.5% in the 1st quarter. Dakota Wealth Management now owns 961 shares of the semiconductor company’s stock valued at $412,000 after purchasing an additional 67 shares during the period. Institutional investors own 85.47% of the company’s stock.

Analyst Upgrades and Downgrades

SNPS has been the topic of a number of recent research reports. Baird R W lowered shares of Synopsys from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 10th. Robert W. Baird reissued a “neutral” rating and set a $535.00 target price (down previously from $670.00) on shares of Synopsys in a research report on Wednesday, September 10th. Rosenblatt Securities reaffirmed a “neutral” rating and issued a $605.00 target price (down from $650.00) on shares of Synopsys in a report on Wednesday, September 10th. Morgan Stanley decreased their price target on Synopsys from $715.00 to $510.00 and set an “overweight” rating for the company in a research report on Thursday, September 11th. Finally, Bank of America reissued an “underperform” rating and issued a $525.00 price objective (down previously from $625.00) on shares of Synopsys in a research report on Wednesday, September 10th. Nine analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $562.14.

Insider Transactions at Synopsys

In other Synopsys news, CEO Sassine Ghazi sold 11,366 shares of the stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $589.01, for a total transaction of $6,694,687.66. Following the completion of the transaction, the chief executive officer owned 71,615 shares in the company, valued at $42,181,951.15. This trade represents a 13.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Shelagh Glaser sold 3,655 shares of Synopsys stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $609.77, for a total transaction of $2,228,709.35. Following the completion of the transaction, the chief financial officer owned 15,317 shares of the company’s stock, valued at $9,339,847.09. The trade was a 19.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 30,894 shares of company stock worth $16,760,783. Insiders own 0.62% of the company’s stock.

Synopsys Trading Up 0.8%

NASDAQ:SNPS opened at $398.81 on Thursday. Synopsys, Inc. has a 12 month low of $365.74 and a 12 month high of $651.73. The company has a current ratio of 1.62, a quick ratio of 1.51 and a debt-to-equity ratio of 0.52. The firm’s 50 day moving average is $463.30 and its 200 day moving average is $514.08. The stock has a market capitalization of $74.08 billion, a PE ratio of 31.30, a price-to-earnings-growth ratio of 5.02 and a beta of 1.10.

Synopsys (NASDAQ:SNPS) last announced its quarterly earnings data on Tuesday, September 9th. The semiconductor company reported $2.30 earnings per share for the quarter, missing the consensus estimate of $3.75 by ($1.45). Synopsys had a net margin of 31.04% and a return on equity of 10.82%. The firm had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.77 billion. During the same period last year, the company posted $3.43 earnings per share. Synopsys’s revenue for the quarter was up 14.0% on a year-over-year basis. Synopsys has set its FY 2025 guidance at 12.760-12.800 EPS. Q4 2025 guidance at 2.760-2.80 EPS. Sell-side analysts expect that Synopsys, Inc. will post 10.64 earnings per share for the current year.

Synopsys Company Profile

Synopsys, Inc provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions.