Sassine Ghazi Sells 14,603 Shares of Synopsys (NASDAQ:SNPS) Stock

Synopsys, Inc. (NASDAQ:SNPS) CEO Sassine Ghazi sold 14,603 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $458.96, for a total transaction of $6,702,192.88. Following the transaction, the chief executive officer owned 75,020 shares in the company, valued at $34,431,179.20. The trade was a 16.29% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 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.

Synopsys Stock Performance

Synopsys stock traded down $6.12 during mid-day trading on Tuesday, reaching $448.26. 1,725,327 shares of the company traded hands, compared to its average volume of 2,029,813. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.43 and a quick ratio of 1.32. Synopsys, Inc. has a fifty-two week low of $376.18 and a fifty-two week high of $651.73. The company has a market capitalization of $85.83 billion, a price-to-earnings ratio of 103.76, a price-to-earnings-growth ratio of 2.67 and a beta of 1.22. The firm’s fifty day moving average is $474.73 and its two-hundred day moving average is $461.19.

Synopsys (NASDAQ:SNPS) last issued its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share (EPS) for the quarter, beating 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 business had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.25 billion. During the same quarter in the prior year, the business posted $3.67 EPS. Synopsys’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.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Sankala Group LLC purchased a new position in shares of Synopsys during the fourth quarter worth $25,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Synopsys in the fourth quarter valued at $28,000. Caitong International Asset Management Co. Ltd purchased a new position in Synopsys in the fourth quarter valued at $28,000. IMG Wealth Management Inc. purchased a new position in Synopsys in the first quarter valued at $30,000. Finally, Atlas Capital Advisors Inc. purchased a new position in Synopsys in the fourth quarter valued at $32,000. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Analyst Ratings Changes

SNPS has been the topic of a number of recent analyst reports. Bank of America upped their price target on shares of Synopsys from $515.00 to $600.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. KeyCorp restated an “overweight” rating on shares of Synopsys in a research note on Thursday, May 28th. Citigroup raised their target price on shares of Synopsys from $600.00 to $610.00 and gave the stock a “buy” rating in a report on Thursday, May 28th. Rosenblatt Securities raised their target price on shares of Synopsys from $530.00 to $575.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Finally, Berenberg Bank set a $633.00 target price on shares of Synopsys in a report on Wednesday, May 27th. Nine equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $563.81.

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.