Westover Capital Advisors LLC Sells 1,194 Shares of Synopsys, Inc. $SNPS

Westover Capital Advisors LLC decreased its position in shares of Synopsys, Inc. (NASDAQ:SNPS) by 47.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,303 shares of the semiconductor company’s stock after selling 1,194 shares during the quarter. Westover Capital Advisors LLC’s holdings in Synopsys were worth $643,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SNPS. Alpine Bank Wealth Management raised its holdings in Synopsys by 89.3% in the 3rd quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 25 shares during the last quarter. TFC Financial Management Inc. increased its holdings in Synopsys by 1,250.0% in the third quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company’s stock valued at $27,000 after purchasing an additional 50 shares during the period. Millstone Evans Group LLC acquired a new stake in Synopsys in the third quarter valued at $27,000. SOA Wealth Advisors LLC. bought a new position in Synopsys during the 3rd quarter worth $28,000. Finally, McIlrath & Eck LLC acquired a new position in Synopsys during the 3rd quarter worth about $29,000. Institutional investors and hedge funds own 85.47% of the company’s stock.

Insider Activity

In other Synopsys news, insider Janet Lee sold 250 shares of the company’s stock in a transaction on Monday, January 12th. The stock was sold at an average price of $530.00, for a total value of $132,500.00. Following the completion of the transaction, the insider owned 11,959 shares in the company, valued at $6,338,270. This represents a 2.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Shelagh Glaser sold 3,657 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $460.77, for a total transaction of $1,685,035.89. Following the sale, the chief financial officer owned 17,842 shares of the company’s stock, valued at approximately $8,221,058.34. The trade was a 17.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 4,157 shares of company stock worth $1,945,036. 0.62% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several analysts recently commented on the company. JPMorgan Chase & Co. upped their target price on Synopsys from $600.00 to $650.00 and gave the company an “overweight” rating in a report on Thursday, December 11th. Citigroup initiated coverage on shares of Synopsys in a research note on Monday, November 24th. They issued a “buy” rating and a $580.00 price objective for the company. Piper Sandler lowered shares of Synopsys from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $602.00 to $520.00 in a research note on Tuesday, January 13th. Needham & Company LLC raised their price target on shares of Synopsys from $550.00 to $580.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Finally, KeyCorp lifted their price target on shares of Synopsys from $575.00 to $600.00 and gave the company an “overweight” rating in a research note on Thursday, December 11th. Nine investment 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. Based on data from MarketBeat.com, Synopsys has a consensus rating of “Moderate Buy” and a consensus target price of $553.57.

Synopsys Stock Up 0.2%

Shares of NASDAQ SNPS opened at $438.21 on Thursday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.62 and a quick ratio of 1.52. The company has a 50-day moving average price of $478.54 and a 200-day moving average price of $492.32. The stock has a market capitalization of $83.84 billion, a P/E ratio of 54.84, a P/E/G ratio of 3.64 and a beta of 1.12. Synopsys, Inc. has a 1 year low of $365.74 and a 1 year high of $651.73.

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

Synopsys 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.