Byrne Asset Management LLC Raises Position in Synopsys, Inc. $SNPS

Byrne Asset Management LLC lifted its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS) by 10,693.3% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,619 shares of the semiconductor company’s stock after buying an additional 1,604 shares during the period. Byrne Asset Management LLC’s holdings in Synopsys were worth $704,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of SNPS. Rockland Trust Co. bought a new position in shares of Synopsys in the third quarter worth about $244,000. Polaris Financial Partners bought a new position in Synopsys in the 3rd quarter valued at approximately $41,000. Sequoia Financial Advisors LLC boosted its position in Synopsys by 19.0% in the second quarter. Sequoia Financial Advisors LLC now owns 14,866 shares of the semiconductor company’s stock valued at $6,631,000 after buying an additional 2,377 shares in the last quarter. Gemmer Asset Management LLC bought a new stake in shares of Synopsys during the second quarter worth $224,000. Finally, National Pension Service increased its holdings in shares of Synopsys by 1.9% during the second quarter. National Pension Service now owns 470,136 shares of the semiconductor company’s stock worth $209,714,000 after buying an additional 8,748 shares in the last quarter. 85.47% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Synopsys

In other Synopsys news, CEO Sassine Ghazi sold 14,604 shares of the company’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $374.88, for a total transaction of $5,474,747.52. Following the sale, the chief executive officer owned 76,865 shares of the company’s stock, valued at approximately $28,815,151.20. This represents a 15.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Aart de Geus sold 25,000 shares of the stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $441.76, for a total value of $11,044,000.00. Following the sale, the insider owned 120,421 shares of the company’s stock, valued at approximately $53,197,180.96. The trade was 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. In the last 90 days, insiders sold 89,245 shares of company stock worth $37,992,919. 0.56% of the stock is owned by company insiders.

Synopsys Trading Up 2.5%

SNPS stock traded up $12.32 during trading on Tuesday, hitting $500.79. The company had a trading volume of 982,238 shares, compared to its average volume of 2,029,421. The stock has a market cap of $95.97 billion, a PE ratio of 88.53, a PEG ratio of 2.00 and a beta of 1.21. The business has a 50-day moving average of $410.00 and a 200-day moving average of $436.90. 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 one year low of $362.55 and a one year high of $539.48.

Synopsys (NASDAQ:SNPS) last released its quarterly earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.67 by $0.24. Synopsys had a net margin of 11.43% and a return on equity of 6.24%. The firm had revenue of $2.48 billion during the quarter, compared to analyst estimates of $2.44 billion. During the same quarter last year, the business earned $3.39 EPS. The company’s revenue was up 42.4% compared to the same quarter last year. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. Research analysts predict that Synopsys, Inc. will post 10.97 earnings per share for the current fiscal year.

Synopsys declared that its Board of Directors has initiated a stock buyback plan on Monday, October 5th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the semiconductor company to repurchase up to 1.1% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

Key Headlines Impacting Synopsys

Here are the key news stories impacting Synopsys this week:

• Positive Sentiment: $1 billion accelerated share repurchase: Synopsys entered an agreement with JPMorgan Chase to repurchase approximately $1 billion of its shares, representing up to 1.1% of shares outstanding. The buyback may support earnings per share and signals that management views the stock as attractively valued. Synopsys Initiates $1 Billion Accelerated Share Repurchase Agreement
• Positive Sentiment: Expanded Amazon relationship: Coverage points to a fresh $1 billion catalyst tied to Synopsys’ expanded agreement with Amazon, reinforcing investor interest in the company’s semiconductor-design software and strategic customer relationships. A $1 Billion Reason to Buy Synopsys Stock
• Neutral Sentiment: Strong fundamentals versus valuation: Synopsys has beaten earnings estimates three times this year, and its latest reported quarter showed substantial revenue growth. However, with the stock trading well above its 50-day moving average and at a high earnings multiple, investors are weighing growth prospects against valuation risk. Synopsys is Hot Again But a Pattern Has Emerged
• Negative Sentiment: Recurring post-earnings weakness: A technical review notes that shareholders have often seen the stock decline after earnings reports despite results exceeding estimates. This pattern raises concern that elevated expectations may already be reflected in the share price.
• Neutral Sentiment: Value-investor comparison: A comparison with Progress Software (PRGS) highlights the question of whether Synopsys offers sufficient value at its current valuation; the article does not establish a clear fundamental advantage for SNPS. PRGS vs. SNPS: Which Stock Should Value Investors Buy Now?

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Weiss Ratings cut Synopsys from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, September 11th. BNP Paribas Exane raised Synopsys from an “underperform” rating to a “neutral” rating and set a $420.00 target price for the company in a report on Thursday, September 24th. Morgan Stanley dropped their target price on Synopsys from $525.00 to $500.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 19th. HSBC lowered Synopsys from a “buy” rating to a “reduce” rating in a research note on Friday, September 25th. Finally, Benchmark reaffirmed a “buy” rating and issued a $570.00 price objective on shares of Synopsys in a research note on Thursday, August 27th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $584.11.

Synopsys Company Profile

Synopsys, Inc is a technology company that develops electronic design automation (EDA) software, semiconductor intellectual property (IP), and software tools used to design, verify, and manufacture advanced electronic systems. Its solutions support the development of semiconductors, systems-on-chip, and electronic products across the design cycle, from initial specification and architecture through testing and production.

The company’s offerings include digital and custom integrated-circuit design tools, simulation and verification software, physical design and signoff products, and semiconductor IP such as processor cores, interface technologies, and foundational components.