Quantitative Investment Management LLC Decreases Position in Synopsys, Inc. $SNPS

Quantitative Investment Management LLC decreased its position in Synopsys, Inc. (NASDAQ:SNPS) by 58.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 4,251 shares of the semiconductor company’s stock after selling 6,009 shares during the period. Quantitative Investment Management LLC’s holdings in Synopsys were worth $1,896,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Synopsys during the 2nd quarter worth approximately $747,400,000. Norges Bank purchased a new stake in Synopsys in the 4th quarter valued at approximately $730,197,000. Man Group plc acquired a new stake in Synopsys during the 2nd quarter valued at $55,900,000. SBI Okasan Asset Management Co.Ltd. acquired a new stake in Synopsys during the 4th quarter valued at $1,699,000. Finally, Czech National Bank increased its position in Synopsys by 4.6% during the second quarter. Czech National Bank now owns 54,526 shares of the semiconductor company’s stock worth $24,322,000 after buying an additional 2,421 shares in the last quarter. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Insiders Place Their Bets

In other Synopsys 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 value of $6,702,192.88. Following the transaction, the chief executive officer owned 75,020 shares in the company, valued at $34,431,179.20. This trade represents a 16.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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, insider Geus Aart De sold 25,000 shares of the business’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $445.55, for a total transaction of $11,138,750.00. Following the sale, the insider directly owned 120,421 shares of the company’s stock, valued at $53,653,576.55. This represents a 17.19% decrease in their ownership of the stock. 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. Insiders have sold a total of 42,997 shares of company stock valued at $19,368,311 over the last quarter. Company insiders own 0.56% of the company’s stock.

Synopsys Stock Down 0.7%

Shares of NASDAQ:SNPS opened at $439.59 on Tuesday. The stock’s 50-day moving average price is $416.14 and its two-hundred day moving average price is $440.15. 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, Inc. has a 12-month low of $366.00 and a 12-month high of $615.79. The firm has a market cap of $84.24 billion, a price-to-earnings ratio of 77.67, a PEG ratio of 2.42 and a beta of 1.23.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings data on Wednesday, August 26th. The semiconductor company reported $3.91 EPS for the quarter, beating analysts’ consensus estimates of $3.67 by $0.24. The company had revenue of $2.48 billion during the quarter, compared to the consensus estimate of $2.44 billion. Synopsys had a net margin of 11.43% and a return on equity of 6.24%. The company’s quarterly revenue was up 42.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.39 EPS. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. On average, research analysts forecast that Synopsys, Inc. will post 11.03 EPS for the current year.

Analyst Ratings Changes

Several analysts have recently issued reports on SNPS shares. Needham & Company LLC restated a “buy” rating and issued a $580.00 price objective on shares of Synopsys in a research report on Thursday, August 27th. Robert W. Baird upgraded 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 report on Thursday. Citigroup upped their target price on shares of Synopsys from $600.00 to $610.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Stifel Nicolaus raised their price target 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. Finally, Wells Fargo & Company lowered their price target on shares of Synopsys from $535.00 to $450.00 and set an “equal weight” rating for the company in a report on Tuesday, August 11th. Twelve research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $561.28.

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.