Portfolio Design Labs LLC Purchases Shares of 2,085 Synopsys, Inc. $SNPS

Portfolio Design Labs LLC purchased a new position in shares of Synopsys, Inc. (NASDAQ:SNPS) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,085 shares of the semiconductor company’s stock, valued at approximately $930,000.

Other large investors also recently modified their holdings of the company. Advisors Capital Management LLC acquired a new position in shares of Synopsys in the 2nd quarter valued at about $4,070,000. MJP Associates Inc. ADV acquired a new stake in Synopsys during the 2nd quarter worth approximately $273,000. PCM Encore LLC purchased a new position in Synopsys in the second quarter valued at approximately $371,000. Vise Technologies Inc. purchased a new position in Synopsys in the second quarter valued at approximately $1,973,000. Finally, OVERSEA CHINESE BANKING Corp Ltd acquired a new position in Synopsys during the second quarter valued at approximately $12,813,000. 85.47% of the stock is currently owned by hedge funds and other institutional investors.

Synopsys Stock Down 0.8%

NASDAQ SNPS opened at $397.92 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 fifty-two week low of $366.00 and a fifty-two week high of $615.79. The business has a 50 day moving average price of $420.85 and a two-hundred day moving average price of $440.51. The stock has a market cap of $76.19 billion, a PE ratio of 92.11, a P/E/G ratio of 2.36 and a beta of 1.23.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.15 by $0.20. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The company had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.25 billion. During the same quarter last year, the firm posted $3.67 earnings per share. The business’s quarterly revenue was up 41.9% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. As a group, sell-side analysts predict that Synopsys, Inc. will post 10.65 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Sassine Ghazi sold 14,603 shares of Synopsys stock in a transaction on Monday, June 15th. The shares were sold at an average price of $458.96, for a total transaction of $6,702,192.88. Following the sale, the chief executive officer owned 75,020 shares of the company’s stock, valued at $34,431,179.20. The trade was a 16.29% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Shelagh Glaser sold 3,394 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $450.02, for a total transaction of $1,527,367.88. Following the completion of the transaction, the chief financial officer owned 14,358 shares in the company, valued at $6,461,387.16. This represents a 19.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.56% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on SNPS shares. Stifel Nicolaus boosted their price objective on shares of Synopsys from $550.00 to $600.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. KeyCorp restated an “overweight” rating on shares of Synopsys in a report on Wednesday. Wells Fargo & Company decreased their price target on shares of Synopsys from $535.00 to $450.00 and set an “equal weight” rating for the company in a research report on Tuesday, August 11th. Citigroup increased their price target on Synopsys from $600.00 to $610.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $580.00 price objective on shares of Synopsys in a research report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $563.59.

Synopsys 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.