Red Door Wealth Management LLC Acquires 13,605 Shares of Synopsys, Inc. $SNPS

Red Door Wealth Management LLC grew its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS) by 384.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 17,146 shares of the semiconductor company’s stock after purchasing an additional 13,605 shares during the period. Red Door Wealth Management LLC’s holdings in Synopsys were worth $8,460,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SNPS. Trust Point Inc. raised its stake in Synopsys by 99.2% during the third quarter. Trust Point Inc. now owns 984 shares of the semiconductor company’s stock valued at $485,000 after buying an additional 490 shares during the last quarter. Natural Investments LLC purchased a new stake in shares of Synopsys in the third quarter worth $227,000. CCM Investment Advisers LLC bought a new position in shares of Synopsys during the third quarter valued at $9,534,000. Bowman & Co S.C. raised its position in shares of Synopsys by 21.1% in the 3rd quarter. Bowman & Co S.C. now owns 975 shares of the semiconductor company’s stock worth $481,000 after purchasing an additional 170 shares during the last quarter. Finally, Quotient Wealth Partners LLC raised its position in shares of Synopsys by 18.4% in the 3rd quarter. Quotient Wealth Partners LLC now owns 619 shares of the semiconductor company’s stock worth $305,000 after purchasing an additional 96 shares during the last quarter. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on SNPS. JPMorgan Chase & Co. increased their price objective on shares of Synopsys from $600.00 to $650.00 and gave the company an “overweight” rating in a research report on Thursday, December 11th. BNP Paribas began coverage on shares of Synopsys in a research note on Thursday, October 2nd. They issued an “underperform” rating and a $425.00 target price on the stock. Rosenblatt Securities upgraded shares of Synopsys from a “neutral” rating to a “buy” rating and cut their price target for the company from $605.00 to $560.00 in a report on Tuesday, December 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Synopsys in a research report on Wednesday, October 8th. Finally, The Goldman Sachs Group lowered their price objective on Synopsys from $700.00 to $600.00 and set a “buy” rating on the stock in a research report on Wednesday, September 10th. Eleven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $562.13.

Synopsys Stock Performance

Shares of SNPS stock opened at $463.73 on Friday. The company has a quick ratio of 1.52, a current ratio of 1.62 and a debt-to-equity ratio of 0.48. The company has a 50 day moving average price of $434.19 and a 200-day moving average price of $504.00. 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 $86.14 billion, a PE ratio of 58.04, a P/E/G ratio of 3.86 and a beta of 1.16.

Synopsys (NASDAQ:SNPS) last issued its quarterly earnings data on Wednesday, December 10th. The semiconductor company reported $2.90 earnings per share for the quarter, beating analysts’ consensus estimates of $2.79 by $0.11. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. The company had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.25 billion. During the same quarter in the prior year, the firm earned $3.40 earnings per share. The firm’s revenue for the quarter was up 37.8% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.320-14.400 EPS and its Q1 2026 guidance at 3.520-3.580 EPS. As a group, equities research analysts expect that Synopsys, Inc. will post 10.64 earnings per share for the current year.

Key Synopsys News

Here are the key news stories impacting Synopsys this week:

• Positive Sentiment: KeyCorp reiterated bullish coverage and published multi‑year EPS projections and a $600 price target, which supports upside expectations for SNPS and likely helped buying interest. KeyCorp estimates and MarketBeat summary
• Neutral Sentiment: Zacks and other outlets note elevated investor attention in SNPS; increased retail/institutional focus can amplify moves in either direction but does not by itself change fundamentals. Zacks: Investor Attention
• Neutral Sentiment: MarketWatch flagged that SNPS underperformed peers on a relative basis despite daily gains — a reminder that sector rotation and peer performance are constraining factors. MarketWatch: Relative Performance
• Negative Sentiment: Multiple securities‑fraud class‑action notices and law‑firm solicitations have been filed or distributed, alleging material misstatements for purchases made between Dec. 4, 2024 and Sept. 9, 2025; the widely publicized Dec. 30, 2025 lead‑plaintiff deadline increases headline risk and potential legal exposure. GlobeNewswire: Class Action Filed
• Negative Sentiment: Several plaintiff firms (Rosen, Levi & Korsinsky, Faruqi & Faruqi, Bleichmar Fonti & Auld, Schall, Gross, etc.) are soliciting lead‑plaintiff applications — this broad outreach typically precedes contested litigation phases that can drive volatility and potentially settlement costs or reputational damage. Example notice: Rosen Law Firm: Final Deadline Notice

Insider Activity

In other news, CAO Sudhindra Kankanwadi sold 9,873 shares of the firm’s 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 transaction, the chief accounting officer directly owned 20,520 shares in the company, valued at $10,278,468. This trade represents a 32.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.62% of the stock is currently owned by company 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.