Synopsys, Inc. $SNPS Stock Bought by Quintet Private Bank Europe S.A.

Quintet Private Bank Europe S.A. raised its position in Synopsys, Inc. (NASDAQ:SNPS) by 64.4% in the 3rd quarter, Holdings Channel.com reports. The fund owned 104,165 shares of the semiconductor company’s stock after acquiring an additional 40,812 shares during the quarter. Synopsys makes up approximately 2.1% of Quintet Private Bank Europe S.A.’s portfolio, making the stock its 13th biggest position. Quintet Private Bank Europe S.A.’s holdings in Synopsys were worth $45,306,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sankala Group LLC acquired a new position in shares of Synopsys during the fourth quarter worth $25,000. Elevation Wealth Partners LLC grew its stake in 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 last quarter. Osbon Capital Management LLC purchased a new stake in Synopsys in the second quarter valued at about $25,000. IMG Wealth Management Inc. purchased a new stake in Synopsys in the second quarter valued at about $28,000. Finally, Phillip James Consulting Co. acquired a new stake in Synopsys in the fourth quarter worth about $36,000. 85.47% of the stock is owned by hedge funds and other institutional investors.

Synopsys News Roundup

Here are the key news stories impacting Synopsys this week:

• Positive Sentiment: AI partnerships strengthen the growth outlook. Synopsys announced chip-design and verification collaborations with OpenAI and Amazon. The expanded Amazon relationship could represent a potential $1 billion opportunity, while Nvidia’s $2 billion investment and planned agentic-AI workflows reinforce Synopsys’ role in increasingly complex AI-chip development. Synopsys AI chip-design alliances
• Positive Sentiment: Share buyback provides support. Synopsys’ board authorized a $1 billion repurchase program, allowing the company to reacquire up to approximately 1.1% of its outstanding shares. The buyback could modestly lift earnings per share and signals management’s confidence in the stock’s long-term value. Synopsys stock repurchase program
• Positive Sentiment: Recent financial results support investor optimism. Synopsys reported quarterly adjusted EPS of $3.91 versus the $3.67 consensus estimate, while revenue reached $2.48 billion versus $2.44 billion expected. Revenue grew 42.4% year over year, underscoring strong demand for its electronic-design-automation software and semiconductor IP.
• Neutral Sentiment: Analysts remain broadly constructive but divided on valuation. The consensus rating is Moderate Buy, with an average price target of $584.11 and targets as high as $640. However, HSBC has a Reduce rating, and the stock trades at roughly 89 times earnings, leaving limited room for execution disappointments.
• Negative Sentiment: Multiple insiders sold shares. CFO Sudhindra Kankanwadi sold 9,170 shares for approximately $4.59 million on October 6 and 3,000 shares for about $1.45 million on October 5. Janet Lee separately sold 1,144 shares valued at approximately $575,000. The sales reduce insider ownership and may create a near-term sentiment overhang, although they do not necessarily indicate weakening business conditions. Synopsys insider selling
• Negative Sentiment: Expectations remain high. Commentary notes that SNPS has sometimes declined after earnings beats, suggesting that its elevated valuation and strong AI expectations may already be reflected in the share price.

Insiders Place Their Bets

In other news, CFO Sudhindra Kankanwadi sold 9,170 shares of the business’s stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $500.00, for a total value of $4,585,000.00. Following the completion of the sale, the chief financial officer directly owned 22,717 shares in the company, valued at $11,358,500. The trade was a 28.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Janet Lee sold 1,144 shares of the company’s stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $502.52, for a total value of $574,882.88. Following the transaction, the insider directly owned 16,534 shares of the company’s stock, valued at approximately $8,308,665.68. The trade was a 6.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 102,559 shares of company stock valued at $44,607,141 in the last three months. 0.56% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Robert W. Baird upgraded Synopsys from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $558.00 to $560.00 in a research note on Thursday, August 27th. Piper Sandler upgraded shares of Synopsys from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $450.00 to $550.00 in a research note on Tuesday, June 23rd. UBS Group set a $570.00 target price on shares of Synopsys in a research report on Thursday, August 27th. Sanford C. Bernstein began coverage on shares of Synopsys in a research note on Friday, September 25th. They set an “outperform” rating on the stock. Finally, Wells Fargo & Company raised their price target on shares of Synopsys from $475.00 to $540.00 and gave the stock an “overweight” rating in a report on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $584.11.

Synopsys Stock Performance

Shares of SNPS traded up $0.14 during mid-day trading on Thursday, reaching $502.81. The company had a trading volume of 736,282 shares, compared to its average volume of 2,029,857. Synopsys, Inc. has a 52-week low of $362.55 and a 52-week high of $539.48. The company has a quick ratio of 1.24, a current ratio of 1.34 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $96.36 billion, a P/E ratio of 89.10, a PEG ratio of 2.06 and a beta of 1.21. The stock has a 50 day moving average of $415.01 and a two-hundred day moving average of $437.96.

Synopsys (NASDAQ:SNPS) last released its quarterly earnings data on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share for the quarter, beating analysts’ consensus estimates of $3.67 by $0.24. Synopsys had a net margin of 11.43% and a return on equity of 6.24%. The company had revenue of $2.48 billion during the quarter, compared to analysts’ expectations of $2.44 billion. During the same quarter in the previous year, the company earned $3.39 earnings per share. The firm’s revenue for the quarter was up 42.4% on a year-over-year basis. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. On average, analysts expect that Synopsys, Inc. will post 10.97 earnings per share for the current year.

Synopsys declared that its board has initiated a stock buyback plan on Monday, October 5th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the semiconductor company to purchase up to 1.1% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Synopsys Profile

Synopsys, Inc is a technology company that develops electronic design automation (EDA) software, semiconductor intellectual property (IP), and software tools used to design, verify, and manufacture advanced electronic systems. Its solutions support the development of semiconductors, systems-on-chip, and electronic products across the design cycle, from initial specification and architecture through testing and production.

The company’s offerings include digital and custom integrated-circuit design tools, simulation and verification software, physical design and signoff products, and semiconductor IP such as processor cores, interface technologies, and foundational components.