Teachers Retirement System of The State of Kentucky Purchases 1,643 Shares of Synopsys, Inc. $SNPS

Teachers Retirement System of The State of Kentucky raised its position in Synopsys, Inc. (NASDAQ:SNPS) by 3.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 51,475 shares of the semiconductor company’s stock after acquiring an additional 1,643 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Synopsys were worth $25,396,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Victory Capital Management Inc. increased its holdings in Synopsys by 238.8% during the 3rd quarter. Victory Capital Management Inc. now owns 2,824,349 shares of the semiconductor company’s stock valued at $1,393,506,000 after purchasing an additional 1,990,608 shares during the period. Kingsview Wealth Management LLC increased its stake in shares of Synopsys by 20.2% during the third quarter. Kingsview Wealth Management LLC now owns 903 shares of the semiconductor company’s stock valued at $445,000 after buying an additional 152 shares during the period. Elo Mutual Pension Insurance Co raised its holdings in shares of Synopsys by 10.1% during the third quarter. Elo Mutual Pension Insurance Co now owns 12,115 shares of the semiconductor company’s stock valued at $5,977,000 after acquiring an additional 1,116 shares in the last quarter. WASHINGTON TRUST Co purchased a new stake in Synopsys in the third quarter worth $274,000. Finally, Davis R M Inc. purchased a new stake in shares of Synopsys in the 3rd quarter worth about $2,146,000. 85.47% of the stock is owned by institutional investors.

Analyst Ratings Changes

SNPS has been the subject of a number of research analyst reports. HSBC cut Synopsys from a “buy” rating to a “hold” rating and set a $455.00 target price for the company. in a research note on Friday, February 20th. Zacks Research upgraded shares of Synopsys from a “strong sell” rating to a “hold” rating in a research note on Monday, November 10th. JPMorgan Chase & Co. upped their price target on Synopsys from $600.00 to $650.00 and gave the company an “overweight” rating in a report on Thursday, December 11th. Rosenblatt Securities dropped their price objective on Synopsys from $560.00 to $530.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Finally, Needham & Company LLC reiterated a “buy” rating on shares of Synopsys in a report on Thursday, February 26th. Eight investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Synopsys has a consensus rating of “Hold” and a consensus target price of $531.00.

Synopsys Price Performance

Shares of NASDAQ:SNPS opened at $424.32 on Wednesday. The company has a quick ratio of 1.26, a current ratio of 1.36 and a debt-to-equity ratio of 0.33. The stock has a market capitalization of $81.28 billion, a PE ratio of 65.89, a price-to-earnings-growth ratio of 3.45 and a beta of 1.15. The firm’s 50 day moving average price is $469.06 and its 200-day moving average price is $472.50. Synopsys, Inc. has a twelve month low of $365.74 and a twelve month high of $651.73.

Synopsys (NASDAQ:SNPS) last issued its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $3.77 earnings per share for the quarter, topping the consensus estimate of $3.56 by $0.21. Synopsys had a net margin of 13.76% and a return on equity of 6.83%. The business had revenue of $2.41 billion for the quarter, compared to analysts’ expectations of $2.39 billion. During the same quarter last year, the company posted $3.03 EPS. The company’s revenue was up 65.6% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.380-14.460 EPS and its Q2 2026 guidance at 3.110-3.170 EPS. Equities research analysts expect that Synopsys, Inc. will post 10.64 EPS for the current year.

Insider Activity

In other news, insider Janet Lee sold 250 shares of Synopsys stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $530.00, for a total transaction of $132,500.00. Following the transaction, the insider directly owned 11,959 shares of the company’s stock, valued at $6,338,270. The trade was a 2.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 in the company, 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. Insiders sold 4,157 shares of company stock worth $1,945,036 in the last ninety days. Corporate insiders own 0.56% of the company’s stock.

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.