Synopsys, Inc. $SNPS Shares Bought by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. raised its stake in Synopsys, Inc. (NASDAQ:SNPS) by 11,016.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 34,462 shares of the semiconductor company’s stock after purchasing an additional 34,152 shares during the period. Rakuten Investment Management Inc.’s holdings in Synopsys were worth $16,506,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of SNPS. Vanguard Group Inc. boosted its stake in Synopsys by 20.7% in the third quarter. Vanguard Group Inc. now owns 18,181,185 shares of the semiconductor company’s stock valued at $8,970,415,000 after acquiring an additional 3,120,401 shares in the last quarter. Victory Capital Management Inc. raised its holdings in shares of Synopsys by 238.8% in the third quarter. Victory Capital Management Inc. now owns 2,824,349 shares of the semiconductor company’s stock valued at $1,393,506,000 after buying an additional 1,990,608 shares during the last quarter. Coatue Management LLC purchased a new stake in shares of Synopsys in the third quarter valued at about $892,605,000. Capital Research Global Investors raised its holdings in shares of Synopsys by 226.6% in the third quarter. Capital Research Global Investors now owns 2,524,512 shares of the semiconductor company’s stock valued at $1,245,533,000 after buying an additional 1,751,432 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Synopsys in the fourth quarter valued at about $730,197,000. Institutional investors and hedge funds own 85.47% of the company’s stock.

Insider Buying and Selling

In related news, CFO Shelagh Glaser sold 3,394 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $450.02, for a total value of $1,527,367.88. Following the completion of the sale, the chief financial officer owned 14,358 shares in the company, valued at $6,461,387.16. This trade represents a 19.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.56% of the stock is currently owned by insiders.

Synopsys Price Performance

Shares of NASDAQ:SNPS opened at $454.38 on Tuesday. The company has a quick ratio of 1.32, a current ratio of 1.43 and a debt-to-equity ratio of 0.33. The company has a market cap of $87.00 billion, a P/E ratio of 105.18, a PEG ratio of 2.67 and a beta of 1.22. Synopsys, Inc. has a 52 week low of $376.18 and a 52 week high of $651.73. The company has a 50-day moving average price of $474.73 and a 200 day moving average price of $461.19.

Synopsys (NASDAQ:SNPS) last announced its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $3.35 EPS for the quarter, beating analysts’ consensus estimates of $3.15 by $0.20. The firm had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.25 billion. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The firm’s revenue was up 41.9% compared to the same quarter last year. During the same quarter last year, the firm earned $3.67 earnings per share. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. Research analysts predict that Synopsys, Inc. will post 10.65 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently commented on SNPS. The Goldman Sachs Group set a $600.00 target price on shares of Synopsys and gave the company a “buy” rating in a report on Wednesday, February 25th. Robert W. Baird set a $558.00 target price on shares of Synopsys in a report on Thursday, May 28th. Citigroup upped their target price on shares of Synopsys from $600.00 to $610.00 and gave the company a “buy” rating in a report on Thursday, May 28th. KeyCorp reaffirmed an “overweight” rating on shares of Synopsys in a report on Thursday, May 28th. Finally, Stifel Nicolaus upped their target price on shares of Synopsys from $550.00 to $600.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Nine equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $563.81.

Synopsys Company 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.