Synopsys, Inc. $SNPS Shares Purchased by Maryland State Retirement & Pension System

Maryland State Retirement & Pension System boosted its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS) by 12.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,276 shares of the semiconductor company’s stock after acquiring an additional 1,246 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Synopsys were worth $4,904,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in SNPS. Elevation Wealth Partners LLC increased its stake in Synopsys by 96.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 55 shares of the semiconductor company’s stock worth $25,000 after buying an additional 27 shares during the period. Osbon Capital Management LLC bought a new position in Synopsys in the 2nd quarter worth about $25,000. IMG Wealth Management Inc. purchased a new position in shares of Synopsys during the second quarter worth approximately $28,000. GK Wealth Management LLC purchased a new position in shares of Synopsys during the third quarter worth approximately $28,000. Finally, EFG International AG purchased a new position in shares of Synopsys during the second quarter worth approximately $34,000. 85.47% of the stock is currently owned by institutional investors.

Insider Activity

In other Synopsys news, insider Aart de Geus sold 24,641 shares of Synopsys stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $419.44, for a total value of $10,335,421.04. Following the transaction, the insider directly owned 120,443 shares of the company’s stock, valued at approximately $50,518,611.92. The trade was a 16.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,604 shares of Synopsys stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $462.84, for a total transaction of $6,759,315.36. Following the completion of the transaction, the chief executive officer directly owned 76,865 shares in the company, valued at $35,576,196.60. This represents a 15.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 117,163 shares of company stock valued at $51,366,457 over the last 90 days. 0.56% of the stock is currently owned by corporate insiders.

Synopsys News Roundup

Here’s some of the latest news about SNPS:

• Positive Sentiment: Synopsys is positioning its electronic design automation (EDA) tools for continued demand by adding AI-powered chip design and verification capabilities and integrating Ansys. This could support growth as chip complexity and AI investment rise. Can AI-Driven EDA Accelerate Synopsys’ Next Growth Phase?
• Positive Sentiment: Commentary highlights Synopsys’ recent run of earnings beats and its strategic role in the AI chip ecosystem, where chip designers rely on EDA software. That backdrop supports the long-term growth case, although it has not prevented recent share-price weakness. The AI Chip Race Is Getting Crowded. This Company Has Another Advantage
• Negative Sentiment: Despite estimate beats, Synopsys shares have reportedly struggled to hold post-earnings gains. Coverage identifies debt and upcoming guidance as investor concerns ahead of the December earnings report, which could keep the shares volatile. Synopsys at $460: Appealing Ahead of Dec. 8 Earnings

Synopsys Stock Performance

Shares of SNPS stock opened at $462.69 on Friday. The firm has a market cap of $88.67 billion, a price-to-earnings ratio of 81.75, a PEG ratio of 1.47 and a beta of 1.18. Synopsys, Inc. has a 52-week low of $362.55 and a 52-week high of $539.48. The company has a quick ratio of 1.24, a current ratio of 1.34 and a debt-to-equity ratio of 0.29. The company’s 50 day moving average is $444.38 and its 200 day moving average is $441.35.

Synopsys (NASDAQ:SNPS) last posted its earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share for the quarter, topping analysts’ consensus estimates of $3.67 by $0.24. The company had revenue of $2.48 billion during the quarter, compared to analyst estimates of $2.44 billion. Synopsys had a return on equity of 6.24% and a net margin of 11.43%. Synopsys’s revenue was up 42.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.39 earnings per share. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. On average, sell-side analysts anticipate that Synopsys, Inc. will post 11.01 EPS for the current fiscal year.

Synopsys declared that its Board of Directors has authorized a stock buyback program on Monday, October 5th that allows the company to buy back $1 billion in shares. This buyback authorization allows the semiconductor company to buy up to 1.1% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

SNPS has been the subject of several research analyst reports. Weiss Ratings downgraded shares of Synopsys from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, September 11th. Zacks Research raised Synopsys from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 2nd. Needham & Company LLC raised their price objective on Synopsys from $580.00 to $620.00 and gave the stock a “buy” rating in a report on Monday, October 12th. Mizuho decreased their target price on Synopsys from $600.00 to $550.00 and set an “outperform” rating for the company in a research report on Thursday, August 27th. Finally, Benchmark reiterated a “buy” rating and issued a $570.00 target price on shares of Synopsys in a report on Thursday, August 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $575.00.

Synopsys Profile

Synopsys, Inc. develops software, semiconductor intellectual property (IP) and services used to design and verify electronic systems. Its electronic design automation (EDA) tools help customers create, simulate, test and validate chips and other complex electronic products, while its IP portfolio provides reusable building blocks for semiconductor designs. The company also offers software security and quality tools that help developers identify vulnerabilities and assess applications throughout the software development process.