UNIVEST FINANCIAL Corp bought a new stake in shares of Synopsys, Inc. (NASDAQ:SNPS – Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 32,936 shares of the semiconductor company’s stock, valued at approximately $14,692,000. Synopsys comprises approximately 0.7% of UNIVEST FINANCIAL Corp’s portfolio, making the stock its 28th largest holding.
A number of other large investors also recently made changes to their positions in SNPS. Sankala Group LLC bought a new stake in Synopsys in the fourth quarter valued at about $25,000. Elevation Wealth Partners LLC grew its position in shares of Synopsys by 96.4% during the 2nd quarter. Elevation Wealth Partners LLC now owns 55 shares of the semiconductor company’s stock worth $25,000 after buying an additional 27 shares during the period. IMG Wealth Management Inc. bought a new stake in shares of Synopsys in the 2nd quarter valued at about $28,000. Caitong International Asset Management Co. Ltd bought a new position in Synopsys during the 4th quarter worth approximately $28,000. Finally, Atlas Capital Advisors Inc. acquired a new position in Synopsys during the fourth quarter valued at approximately $32,000. Institutional investors and hedge funds own 85.47% of the company’s stock.
Analyst Upgrades and Downgrades
SNPS has been the topic of several analyst reports. Zacks Research upgraded shares of Synopsys from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Bank of America boosted their price target on shares of Synopsys from $515.00 to $600.00 and gave the company a “buy” rating in a report on Thursday, May 28th. Weiss Ratings restated a “hold (c-)” rating on shares of Synopsys in a research report on Monday, June 8th. Benchmark started coverage on Synopsys in a research note on Wednesday, July 15th. They set a “buy” rating and a $570.00 price objective on the stock. Finally, Needham & Company LLC reiterated a “buy” rating and set a $580.00 target price on shares of Synopsys in a report on Thursday, May 28th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Synopsys currently has an average rating of “Moderate Buy” and a consensus price target of $565.06.
Synopsys Stock Performance
Shares of SNPS opened at $413.22 on Tuesday. The firm has a market cap of $79.12 billion, a P/E ratio of 95.65, a PEG ratio of 2.48 and a beta of 1.23. Synopsys, Inc. has a twelve month low of $366.00 and a twelve month high of $626.24. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.32 and a current ratio of 1.43. The firm’s 50 day moving average price is $424.42 and its two-hundred day moving average price is $442.30.
Synopsys (NASDAQ:SNPS – Get Free Report) last issued its quarterly earnings data on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.15 by $0.20. Synopsys had a net margin of 8.91% and a return on equity of 5.83%. The company had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.25 billion. During the same quarter in the prior year, the firm earned $3.67 earnings per share. The firm’s revenue was up 41.9% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. On average, analysts forecast that Synopsys, Inc. will post 10.65 EPS for the current fiscal year.
Insider Transactions at Synopsys
In other Synopsys news, CFO Shelagh Glaser sold 3,394 shares of Synopsys stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $450.02, for a total value of $1,527,367.88. Following the sale, the chief financial officer owned 14,358 shares of the company’s stock, valued at $6,461,387.16. This trade represents a 19.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,603 shares of Synopsys stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $458.96, for a total value of $6,702,192.88. Following the completion of the sale, the chief executive officer directly owned 75,020 shares in the company, valued at $34,431,179.20. This represents a 16.29% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.56% of the stock is currently owned by corporate insiders.
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.
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