Synopsys, Inc. $SNPS Stock Position Increased by MBL Wealth LLC

MBL Wealth LLC raised its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 292.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,440 shares of the semiconductor company’s stock after purchasing an additional 1,818 shares during the period. MBL Wealth LLC’s holdings in Synopsys were worth $1,061,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. BlackRock Inc. bought a new stake in shares of Synopsys in the second quarter worth about $7,228,099,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Synopsys during the second quarter valued at approximately $747,400,000. Bank of New York Mellon Corp bought a new position in Synopsys during the second quarter valued at approximately $692,074,000. Bank of America Corp DE bought a new position in Synopsys during the second quarter valued at approximately $539,986,000. Finally, Legal & General Group Plc purchased a new position in Synopsys during the 2nd quarter valued at approximately $491,923,000. Institutional investors own 85.47% of the company’s stock.

Analysts Set New Price Targets

SNPS has been the topic of a number of research reports. Needham & Company LLC lifted their price objective on Synopsys from $580.00 to $620.00 and gave the stock a “buy” rating in a research note on Monday, October 12th. Mizuho lowered 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. BNP Paribas Exane raised their target price on shares of Synopsys from $420.00 to $475.00 and gave the company a “neutral” rating in a report on Thursday, October 1st. Roth Capital raised shares of Synopsys to a “buy” rating in a report on Friday, September 25th. Finally, Sanford C. Bernstein assumed coverage on shares of Synopsys in a research report on Friday, September 25th. They issued an “outperform” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $575.00.

Insider Buying and Selling

In related news, CFO Sudhindra Kankanwadi sold 9,170 shares of the firm’s stock in a transaction on Tuesday, October 6th. The stock was sold at an average price of $500.00, for a total value of $4,585,000.00. Following the completion of the sale, the chief financial officer directly owned 22,717 shares in the company, valued at $11,358,500. This trade represents a 28.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 transaction, the chief executive officer directly owned 76,865 shares of the company’s stock, valued at $35,576,196.60. The trade was a 15.97% 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. Insiders have sold 117,163 shares of company stock valued at $51,366,457 in the last three months. Corporate insiders own 0.56% of the company’s stock.

Synopsys Trading Up 1.8%

Shares of SNPS stock opened at $430.14 on Friday. Synopsys, Inc. has a 1 year low of $362.55 and a 1 year high of $539.48. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.34 and a quick ratio of 1.24. The stock’s 50 day simple moving average is $430.32 and its two-hundred day simple moving average is $443.18. The company has a market cap of $82.43 billion, a PE ratio of 76.00, a price-to-earnings-growth ratio of 1.72 and a beta of 1.21.

Synopsys (NASDAQ:SNPS) last announced its earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 EPS for the quarter, topping analysts’ consensus estimates of $3.67 by $0.24. The firm had revenue of $2.48 billion during the quarter, compared to analysts’ expectations of $2.44 billion. Synopsys had a return on equity of 6.24% and a net margin of 11.43%. The company’s quarterly revenue was up 42.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.39 EPS. 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 11.01 earnings per share for the current year.

Synopsys declared that its board has approved a share repurchase program on Monday, October 5th that permits the company to repurchase $1.00 billion in shares. This buyback authorization permits the semiconductor company to reacquire up to 1.1% of its stock through open market purchases. Share buyback programs are often a sign that the company’s leadership believes its stock is undervalued.

Synopsys Company Profile

Synopsys, Inc is an electronic design automation (EDA) and semiconductor intellectual property company serving the global semiconductor and electronics industries. Its software helps engineers design, verify, test and manufacture advanced integrated circuits and electronic systems.

The company’s products and services support digital and analog design, functional verification, design-for-test, manufacturing and semiconductor engineering workflows. Synopsys also provides reusable semiconductor IP, including processor cores, interface technologies, security solutions and other components used in system-on-chip designs.

In addition to its semiconductor design offerings, Synopsys provides software development and application security tools intended to help organizations identify and manage vulnerabilities and risks across the software development lifecycle.