Hunter Associates Investment Management LLC Takes Position in Synopsys, Inc. $SNPS

Hunter Associates Investment Management LLC purchased a new stake in shares of Synopsys, Inc. (NASDAQ:SNPS) in the third quarter, Holdings Channel.com reports. The firm purchased 3,564 shares of the semiconductor company’s stock, valued at approximately $1,755,000.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new stake in shares of Synopsys in the 2nd quarter valued at about $647,964,000. Ameriprise Financial Inc. raised its holdings in shares of Synopsys by 29.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,598,874 shares of the semiconductor company’s stock valued at $1,333,095,000 after buying an additional 585,494 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in Synopsys by 177.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 865,987 shares of the semiconductor company’s stock worth $427,269,000 after buying an additional 553,924 shares during the last quarter. Ninety One UK Ltd purchased a new stake in Synopsys in the third quarter worth approximately $249,851,000. Finally, Aspex Management HK Ltd boosted its stake in Synopsys by 106.0% in the second quarter. Aspex Management HK Ltd now owns 645,895 shares of the semiconductor company’s stock worth $331,137,000 after buying an additional 332,364 shares in the last quarter. Institutional investors own 85.47% of the company’s stock.

Analyst Ratings Changes

SNPS has been the subject of several analyst reports. KeyCorp upped their price target on shares of Synopsys from $575.00 to $600.00 and gave the company an “overweight” rating in a research report on Thursday, December 11th. Needham & Company LLC increased their target price on Synopsys from $550.00 to $580.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Synopsys in a research note on Thursday. Morgan Stanley increased their price objective on Synopsys from $510.00 to $550.00 and gave the company an “overweight” rating in a research note on Friday, December 12th. Finally, JPMorgan Chase & Co. raised their target price on shares of Synopsys from $600.00 to $650.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th. Nine analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $553.57.

Synopsys Trading Down 1.6%

NASDAQ:SNPS opened at $501.39 on Friday. The company has a 50-day moving average price of $466.97 and a 200-day moving average price of $504.27. The stock has a market cap of $95.93 billion, a price-to-earnings ratio of 62.75, a P/E/G ratio of 4.24 and a beta of 1.12. 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, Inc. has a 12 month low of $365.74 and a 12 month high of $651.73.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings data on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share for the quarter, beating analysts’ consensus estimates of $2.79 by $0.11. The company had revenue of $2.25 billion during the quarter, compared to analyst estimates of $2.25 billion. Synopsys had a return on equity of 7.89% and a net margin of 18.89%.The firm’s revenue for the quarter was up 37.8% on a year-over-year basis. During the same quarter last year, the company earned $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. Equities analysts predict that Synopsys, Inc. will post 10.64 EPS for the current year.

Insider Activity at Synopsys

In related news, insider Janet Lee sold 250 shares of the stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $530.00, for a total transaction of $132,500.00. Following the transaction, the insider owned 11,959 shares in the company, valued at $6,338,270. This represents a 2.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Shelagh Glaser sold 3,657 shares of the firm’s 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 completion of the sale, the chief financial officer owned 17,842 shares in the company, valued at $8,221,058.34. This represents a 17.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 4,157 shares of company stock valued at $1,945,036 over the last three months. 0.62% of the stock is owned by corporate insiders.

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.