Arizona State Retirement System Purchases 9,018 Shares of Synopsys, Inc. $SNPS

Arizona State Retirement System raised its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS) by 20.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 54,144 shares of the semiconductor company’s stock after acquiring an additional 9,018 shares during the period. Arizona State Retirement System’s holdings in Synopsys were worth $26,714,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in SNPS. Valley Wealth Managers Inc. boosted its stake in shares of Synopsys by 17.0% in the 3rd quarter. Valley Wealth Managers Inc. now owns 3,420 shares of the semiconductor company’s stock valued at $1,687,000 after purchasing an additional 497 shares in the last quarter. Tandem Investment Advisors Inc. purchased a new position in Synopsys in the 3rd quarter worth $2,932,000. Capital Investment Services of America Inc. lifted its stake in Synopsys by 285.8% in the third quarter. Capital Investment Services of America Inc. now owns 31,321 shares of the semiconductor company’s stock worth $15,453,000 after purchasing an additional 23,202 shares during the last quarter. Foundations Investment Advisors LLC boosted its position in Synopsys by 2.0% during the third quarter. Foundations Investment Advisors LLC now owns 1,399 shares of the semiconductor company’s stock valued at $690,000 after buying an additional 27 shares during the period. Finally, Strategic Advisors LLC grew its stake in shares of Synopsys by 76.3% during the third quarter. Strategic Advisors LLC now owns 7,578 shares of the semiconductor company’s stock valued at $3,739,000 after buying an additional 3,279 shares during the last quarter. 85.47% of the stock is currently owned by institutional investors.

Synopsys Price Performance

Shares of SNPS stock opened at $465.11 on Friday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.52 and a current ratio of 1.62. Synopsys, Inc. has a fifty-two week low of $365.74 and a fifty-two week high of $651.73. The firm has a market cap of $88.98 billion, a P/E ratio of 58.21, a P/E/G ratio of 4.00 and a beta of 1.12. The business’s 50 day moving average price is $477.53 and its 200-day moving average price is $502.08.

Synopsys (NASDAQ:SNPS) last released its quarterly earnings results on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share for the quarter, beating the consensus estimate of $2.79 by $0.11. The business had revenue of $2.25 billion for the quarter, compared to analysts’ expectations of $2.25 billion. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. The firm’s revenue for the quarter was up 37.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.40 earnings per share. 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 anticipate that Synopsys, Inc. will post 10.64 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. boosted their target price on Synopsys from $600.00 to $650.00 and gave the company an “overweight” rating in a research note on Thursday, December 11th. KeyCorp lifted their price target on Synopsys from $575.00 to $600.00 and gave the stock an “overweight” rating in a research note on Thursday, December 11th. Morgan Stanley boosted their price objective on Synopsys from $510.00 to $550.00 and gave the company an “overweight” rating in a research report on Friday, December 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Synopsys in a research note on Thursday, January 22nd. Finally, Citigroup initiated coverage on shares of Synopsys in a research note on Monday, November 24th. They issued a “buy” rating and a $580.00 target price on the stock. Nine analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $553.57.

Insider Activity

In related news, CFO Shelagh Glaser sold 3,657 shares of the stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $460.77, for a total value of $1,685,035.89. Following the completion of the transaction, the chief financial officer directly owned 17,842 shares of the company’s stock, valued at $8,221,058.34. This represents a 17.01% decrease in their ownership of the stock. The transaction 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 firm’s stock in a transaction dated 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 $6,338,270. This trade represents a 2.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 4,157 shares of company stock worth $1,945,036 in the last quarter. 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.