Banque Transatlantique SA Purchases 16,271 Shares of Synopsys, Inc. $SNPS

Banque Transatlantique SA lifted its position in shares of Synopsys, Inc. (NASDAQ:SNPS) by 13.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 140,333 shares of the semiconductor company’s stock after purchasing an additional 16,271 shares during the period. Synopsys accounts for approximately 2.0% of Banque Transatlantique SA’s portfolio, making the stock its 13th largest position. Banque Transatlantique SA owned 0.09% of Synopsys worth $72,392,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Lionshead Wealth Management LLC raised its position in Synopsys by 1.9% during the 2nd quarter. Lionshead Wealth Management LLC now owns 914 shares of the semiconductor company’s stock valued at $469,000 after purchasing an additional 17 shares during the last quarter. YANKCOM Partnership increased its stake in shares of Synopsys by 3.3% during the second quarter. YANKCOM Partnership now owns 537 shares of the semiconductor company’s stock valued at $275,000 after buying an additional 17 shares during the period. Manchester Capital Management LLC raised its holdings in shares of Synopsys by 5.3% during the second quarter. Manchester Capital Management LLC now owns 340 shares of the semiconductor company’s stock valued at $174,000 after acquiring an additional 17 shares in the last quarter. Hemington Wealth Management raised its holdings in shares of Synopsys by 10.1% during the second quarter. Hemington Wealth Management now owns 197 shares of the semiconductor company’s stock valued at $100,000 after acquiring an additional 18 shares in the last quarter. Finally, Concord Asset Management LLC VA lifted its stake in Synopsys by 0.8% in the second quarter. Concord Asset Management LLC VA now owns 2,379 shares of the semiconductor company’s stock worth $1,220,000 after acquiring an additional 18 shares during the period. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Morgan Stanley boosted their price objective on shares of Synopsys from $510.00 to $550.00 and gave the company an “overweight” rating in a research report on Friday. The Goldman Sachs Group cut their target price on shares of Synopsys from $700.00 to $600.00 and set a “buy” rating on the stock in a research note on Wednesday, September 10th. Stifel Nicolaus reduced their price target on shares of Synopsys from $650.00 to $550.00 and set a “buy” rating on the stock in a research report on Wednesday, September 10th. Zacks Research upgraded shares of Synopsys from a “strong sell” rating to a “hold” rating in a report on Monday, November 10th. Finally, Needham & Company LLC lifted their price objective on Synopsys from $550.00 to $580.00 and gave the company a “buy” rating in a research report on Thursday. Eleven research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Synopsys has an average rating of “Moderate Buy” and a consensus price target of $562.13.

Synopsys Price Performance

SNPS stock opened at $452.95 on Friday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.51 and a current ratio of 1.62. The firm has a 50 day moving average price of $435.71 and a 200-day moving average price of $504.17. Synopsys, Inc. has a 52-week low of $365.74 and a 52-week high of $651.73. The firm has a market capitalization of $84.14 billion, a price-to-earnings ratio of 56.69, a PEG ratio of 5.93 and a beta of 1.16.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings results on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share for the quarter, topping the consensus estimate of $2.79 by $0.11. The company had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.25 billion. Synopsys had a return on equity of 7.89% and a net margin of 18.89%.The firm’s quarterly 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. Equities research analysts forecast that Synopsys, Inc. will post 10.64 EPS for the current fiscal year.

Insider Buying and Selling

In other Synopsys news, CAO Sudhindra Kankanwadi sold 9,873 shares of Synopsys stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $500.90, for a total value of $4,945,385.70. Following the completion of the sale, the chief accounting officer owned 20,520 shares of the company’s stock, valued at approximately $10,278,468. This trade represents a 32.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.62% of the company’s stock.

Synopsys Company Profile

Synopsys, Inc provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions.