Synopsys, Inc. $SNPS Shares Bought by Lazard Asset Management LLC

Lazard Asset Management LLC lifted its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS) by 21.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 303,046 shares of the semiconductor company’s stock after buying an additional 52,561 shares during the quarter. Lazard Asset Management LLC’s holdings in Synopsys were worth $155,365,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Synopsys by 1.6% during the second quarter. Vanguard Group Inc. now owns 15,060,784 shares of the semiconductor company’s stock valued at $7,721,363,000 after purchasing an additional 231,014 shares in the last quarter. State Street Corp increased its stake in shares of Synopsys by 1.2% during the second quarter. State Street Corp now owns 7,266,446 shares of the semiconductor company’s stock worth $3,725,362,000 after purchasing an additional 85,662 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Synopsys by 1.5% during the 2nd quarter. Geode Capital Management LLC now owns 3,545,892 shares of the semiconductor company’s stock worth $1,810,214,000 after purchasing an additional 51,043 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in Synopsys by 29.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,598,874 shares of the semiconductor company’s stock valued at $1,333,095,000 after buying an additional 585,494 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in Synopsys by 10.9% in the 2nd quarter. Alliancebernstein L.P. now owns 1,913,001 shares of the semiconductor company’s stock worth $980,757,000 after buying an additional 187,790 shares during the last quarter. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Insiders Place Their Bets

In other news, CAO Sudhindra Kankanwadi sold 9,873 shares of the stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $500.90, for a total value of $4,945,385.70. Following the completion of the sale, the chief accounting officer owned 20,520 shares of the company’s stock, valued at $10,278,468. This represents a 32.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.62% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on SNPS. Wall Street Zen raised Synopsys from a “sell” rating to a “hold” rating in a report on Saturday. The Goldman Sachs Group reduced their price objective on Synopsys from $700.00 to $600.00 and set a “buy” rating for the company in a research note on Wednesday, September 10th. Zacks Research upgraded Synopsys from a “strong sell” rating to a “hold” rating in a report on Monday, November 10th. Stifel Nicolaus dropped their target price on shares of Synopsys from $650.00 to $550.00 and set a “buy” rating for the company in a report on Wednesday, September 10th. Finally, JPMorgan Chase & Co. raised their price target on shares of Synopsys from $600.00 to $650.00 and gave the stock an “overweight” rating in a research note on Thursday. Eleven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Synopsys presently has an average rating of “Moderate Buy” and an average price target of $562.13.

Synopsys Stock Down 5.1%

Shares of NASDAQ:SNPS opened at $452.95 on Friday. Synopsys, Inc. has a 52-week low of $365.74 and a 52-week high of $651.73. The stock has a market cap of $84.14 billion, a P/E ratio of 56.69, a PEG ratio of 5.93 and a beta of 1.16. The business has a fifty day moving average of $435.71 and a two-hundred day moving average of $504.17. The company has a quick ratio of 1.51, a current ratio of 1.62 and a debt-to-equity ratio of 0.48.

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. Synopsys had a net margin of 18.89% and a return on equity of 7.89%. The firm had revenue of $2.25 billion for the quarter, compared to analysts’ expectations of $2.25 billion. During the same quarter in the previous year, the company posted $3.40 EPS. The company’s revenue was up 37.8% compared to the same quarter last year. 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, research analysts expect that Synopsys, Inc. will post 10.64 earnings per share for the current year.

Synopsys Company Profile

Synopsys, Inc provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity. The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions.