Rockefeller Capital Management L.P. Sells 335,516 Shares of Synopsys, Inc. $SNPS

Rockefeller Capital Management L.P. trimmed its position in shares of Synopsys, Inc. (NASDAQ:SNPS) by 92.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 28,699 shares of the semiconductor company’s stock after selling 335,516 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Synopsys were worth $13,481,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. Sankala Group LLC bought a new stake in shares of Synopsys in the 4th quarter worth about $25,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Synopsys during the 4th quarter worth about $28,000. Caitong International Asset Management Co. Ltd bought a new position in Synopsys during the 4th quarter valued at about $28,000. Atlas Capital Advisors Inc. purchased a new stake in Synopsys in the 4th quarter worth about $32,000. Finally, Phillip James Consulting Co. purchased a new stake in Synopsys in the 4th quarter worth about $36,000. Institutional investors own 85.47% of the company’s stock.

Synopsys Stock Performance

Shares of Synopsys stock opened at $463.62 on Thursday. The firm has a market cap of $88.77 billion, a P/E ratio of 107.32, a P/E/G ratio of 2.71 and a beta of 1.22. The company has a current ratio of 1.43, a quick ratio of 1.32 and a debt-to-equity ratio of 0.33. Synopsys, Inc. has a 12 month low of $376.18 and a 12 month high of $651.73. The stock’s fifty day moving average price is $482.63 and its 200-day moving average price is $462.29.

Synopsys (NASDAQ:SNPS) last released its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share for the quarter, topping analysts’ consensus estimates of $3.15 by $0.20. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The company had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.25 billion. During the same period in the prior year, the firm earned $3.67 earnings per share. The firm’s revenue for the quarter was up 41.9% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. On average, equities research analysts expect that Synopsys, Inc. will post 10.65 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Bank of America boosted their target price on Synopsys from $515.00 to $600.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Piper Sandler upgraded Synopsys from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $450.00 to $550.00 in a report on Tuesday. Citigroup raised their price target on Synopsys from $600.00 to $610.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Weiss Ratings restated a “hold (c-)” rating on shares of Synopsys in a report on Monday, June 8th. Finally, The Goldman Sachs Group set a $600.00 price objective on Synopsys and gave the company a “buy” rating in a research report on Wednesday, February 25th. Ten equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $570.06.

Key Stories Impacting Synopsys

Here are the key news stories impacting Synopsys this week:

• Positive Sentiment: Piper Sandler upgraded Synopsys to Overweight from Neutral and raised its price target to $550 from $450, citing improving prospects for its intellectual property business as Intel’s foundry momentum builds and Apple-related opportunities expand. Synopsys upgraded at Piper Sandler on Intel foundry momentum, Apple opportunity
• Positive Sentiment: Analysts and commentators continue to highlight Synopsys’ recurring revenue model, expanding AI-driven design tools, and IP licensing as a strong way to participate in the AI semiconductor buildout. Synopsys vs. Applied Digital: Which AI Stock Has an Edge Right Now?
• Positive Sentiment: New coverage argues Synopsys’ AI-driven Multiphysics Fusion platform and the Ansys integration could deepen its role in chip design workflows and support a higher long-term earnings base. Does Synopsys’ AI-Driven Multiphysics Fusion Platform Redefine the Bull Case for Synopsys (SNPS)?
• Neutral Sentiment: Several pieces note that Synopsys has pulled back over the past month, which has made valuation look more reasonable to some investors, but these articles are mainly framing the stock’s setup rather than pointing to a new catalyst. Synopsys (SNPS) Stock After Recent Pullback Is The Valuation Now More Reasonable
• Neutral Sentiment: Synopsys co-founder Alberto Sangiovanni-Vincentelli being shortlisted for a lifetime achievement award is a positive reputational headline, but it is unlikely to move the stock on its own. Synopsys (SNPS) Co Founder Shortlisted For Lifetime Achievement Award
• Negative Sentiment: No major negative company-specific news was reported in these articles; the main headwind remains that Synopsys has recently cooled off from prior highs, leaving investors focused on whether growth can justify the valuation. Synopsys: Ansys, AI, And The Case For A Higher Earnings Base

Insider Activity

In other news, CEO Sassine Ghazi sold 14,603 shares of the business’s stock in a transaction dated 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 completion of the sale, the chief executive officer owned 75,020 shares in the company, valued at approximately $34,431,179.20. The trade was a 16.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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, CFO Shelagh Glaser sold 3,394 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $450.02, for a total transaction of $1,527,367.88. Following the completion of the sale, the chief financial officer directly owned 14,358 shares of the company’s stock, valued at $6,461,387.16. The trade was a 19.12% decrease in their position. 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 own 0.56% of the company’s stock.

Synopsys Company 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.