Gibbs Wealth Management Purchases Shares of 2,165 Synopsys, Inc. $SNPS

Gibbs Wealth Management acquired a new position in shares of Synopsys, Inc. (NASDAQ:SNPS) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,165 shares of the semiconductor company’s stock, valued at approximately $1,068,000.

A number of other hedge funds also recently modified their holdings of the stock. Westfuller Advisors LLC acquired a new stake in shares of Synopsys in the 3rd quarter valued at $395,000. Teacher Retirement System of Texas grew its holdings in shares of Synopsys by 5.6% during the 3rd quarter. Teacher Retirement System of Texas now owns 28,605 shares of the semiconductor company’s stock valued at $14,113,000 after purchasing an additional 1,516 shares during the last quarter. Grandfield & Dodd LLC lifted its stake in Synopsys by 1.8% in the 3rd quarter. Grandfield & Dodd LLC now owns 65,834 shares of the semiconductor company’s stock valued at $32,482,000 after purchasing an additional 1,142 shares during the last quarter. UNIVEST FINANCIAL Corp boosted its position in Synopsys by 133.8% in the third quarter. UNIVEST FINANCIAL Corp now owns 19,311 shares of the semiconductor company’s stock valued at $9,528,000 after buying an additional 11,053 shares in the last quarter. Finally, Wendell David Associates Inc. grew its stake in shares of Synopsys by 78.0% during the third quarter. Wendell David Associates Inc. now owns 2,638 shares of the semiconductor company’s stock worth $1,302,000 after buying an additional 1,156 shares during the last quarter. Institutional investors own 85.47% of the company’s stock.

Synopsys Stock Down 1.6%

Synopsys stock opened at $501.39 on Friday. The firm has a market capitalization of $95.93 billion, a price-to-earnings ratio of 62.75, a price-to-earnings-growth ratio of 4.24 and a beta of 1.12. The firm’s fifty day moving average price is $466.97 and its two-hundred day moving average price is $504.27. Synopsys, Inc. has a 1-year low of $365.74 and a 1-year high of $651.73. The company has a current ratio of 1.62, a quick ratio of 1.52 and a debt-to-equity ratio of 0.48.

Synopsys (NASDAQ:SNPS) last posted its earnings results on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share for the quarter, topping analysts’ consensus estimates of $2.79 by $0.11. The company had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.25 billion. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. The firm’s revenue was up 37.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.40 EPS. Synopsys has set its FY 2026 guidance at 14.320-14.400 EPS and its Q1 2026 guidance at 3.520-3.580 EPS. On average, equities research analysts predict that Synopsys, Inc. will post 10.64 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Shelagh Glaser sold 3,657 shares of Synopsys stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $460.77, for a total transaction of $1,685,035.89. Following the transaction, the chief financial officer owned 17,842 shares of the company’s stock, valued at $8,221,058.34. The trade was a 17.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Janet Lee sold 250 shares of the company’s stock in a transaction on Monday, January 12th. The stock was sold at an average price of $530.00, for a total transaction of $132,500.00. Following the completion of the sale, the insider owned 11,959 shares of the company’s stock, valued at approximately $6,338,270. The trade was a 2.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 4,157 shares of company stock worth $1,945,036 in the last 90 days. Corporate insiders own 0.62% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on SNPS shares. Bank of America upgraded Synopsys from an “underperform” rating to a “neutral” rating and dropped their price target for the company from $525.00 to $500.00 in a research note on Monday, December 8th. Needham & Company LLC raised their price objective on shares of Synopsys from $550.00 to $580.00 and gave the company a “buy” rating in a report on Thursday, December 11th. BNP Paribas Exane assumed coverage on shares of Synopsys in a report on Thursday, October 2nd. They set an “underperform” rating and a $425.00 target price on the stock. JPMorgan Chase & Co. lifted their price target on shares of Synopsys from $600.00 to $650.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th. Finally, KeyCorp increased their price objective on Synopsys from $575.00 to $600.00 and gave the company an “overweight” rating in a report on Thursday, December 11th. Nine research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Synopsys currently has an average rating of “Moderate Buy” and an average target price of $553.57.

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.