Dream Peak Capital Ltd Takes Position in Synopsys, Inc. $SNPS

Dream Peak Capital Ltd bought a new position in shares of Synopsys, Inc. (NASDAQ:SNPSFree Report) during the 2nd quarter, HoldingsChannel reports. The fund bought 297,244 shares of the semiconductor company’s stock, valued at approximately $132,592,000. Synopsys accounts for approximately 13.1% of Dream Peak Capital Ltd’s holdings, making the stock its 6th largest holding.

A number of other hedge funds also recently modified their holdings of SNPS. Vanguard Group Inc. lifted its position in Synopsys by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 18,464,862 shares of the semiconductor company’s stock worth $8,673,315,000 after purchasing an additional 283,677 shares during the period. BlackRock Inc. acquired a new stake in Synopsys during the second quarter worth about $7,228,099,000. State Street Corp increased its holdings in Synopsys by 0.3% in the 4th quarter. State Street Corp now owns 8,788,890 shares of the semiconductor company’s stock valued at $4,128,317,000 after buying an additional 28,532 shares during the period. Morgan Stanley raised its position in shares of Synopsys by 2.5% in the 4th quarter. Morgan Stanley now owns 4,573,980 shares of the semiconductor company’s stock valued at $2,148,491,000 after buying an additional 109,917 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Synopsys by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 4,310,846 shares of the semiconductor company’s stock valued at $2,017,256,000 after buying an additional 54,329 shares in the last quarter. Institutional investors own 85.47% of the company’s stock.

Synopsys Stock Down 0.0%

Shares of NASDAQ SNPS opened at $397.87 on Friday. The company has a market cap of $76.18 billion, a price-to-earnings ratio of 92.10, a PEG ratio of 2.34 and a beta of 1.23. The company has a current ratio of 1.43, a quick ratio of 1.32 and a debt-to-equity ratio of 0.33. Synopsys, Inc. has a 12 month low of $366.00 and a 12 month high of $615.79. The stock has a 50-day moving average price of $419.73 and a two-hundred day moving average price of $440.22.

Synopsys (NASDAQ:SNPSGet Free Report) last posted its quarterly earnings results on Wednesday, May 27th. The semiconductor company reported $3.35 earnings per share for the quarter, beating analysts’ consensus estimates of $3.15 by $0.20. The company had revenue of $2.28 billion for 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 quarterly revenue was up 41.9% compared to the same quarter last year. During the same period last year, the company posted $3.67 EPS. Synopsys has set its FY 2026 guidance at 14.720-14.800 EPS and its Q3 2026 guidance at 3.630-3.690 EPS. As a group, analysts forecast that Synopsys, Inc. will post 10.65 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Robert W. Baird set a $558.00 price target on shares of Synopsys in a research report on Thursday, May 28th. Wells Fargo & Company lowered their price objective on shares of Synopsys from $535.00 to $450.00 and set an “equal weight” rating for the company in a research report on Tuesday, August 11th. Piper Sandler upgraded Synopsys from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $450.00 to $550.00 in a research note on Tuesday, June 23rd. BNP Paribas Exane upped their target price on Synopsys from $425.00 to $450.00 and gave the stock an “underperform” rating in a research note on Thursday, May 28th. Finally, Rosenblatt Securities raised their target price on Synopsys from $530.00 to $575.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Synopsys currently has an average rating of “Moderate Buy” and an average price target of $563.59.

Get Our Latest Stock Report on Synopsys

Insider Buying and Selling

In other news, CFO Shelagh Glaser sold 3,394 shares of the stock in a transaction on 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 completion of the transaction, the chief financial officer directly owned 14,358 shares in the company, valued at approximately $6,461,387.16. This represents a 19.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sassine Ghazi sold 14,603 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer directly owned 75,020 shares in the company, valued at approximately $34,431,179.20. This trade 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. Company insiders own 0.56% of the company’s stock.

Synopsys Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Synopsys (NASDAQ:SNPS)

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