Robeco Institutional Asset Management B.V. Sells 204,461 Shares of Synopsys, Inc. $SNPS

Robeco Institutional Asset Management B.V. lowered its stake in shares of Synopsys, Inc. (NASDAQ:SNPS) by 43.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 265,777 shares of the semiconductor company’s stock after selling 204,461 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Synopsys were worth $115,597,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in Synopsys in the 2nd quarter worth approximately $7,228,099,000. Van ECK Associates Corp grew its position in Synopsys by 19.7% during the 2nd quarter. Van ECK Associates Corp now owns 3,457,249 shares of the semiconductor company’s stock worth $1,542,175,000 after purchasing an additional 569,687 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Synopsys by 40.7% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,087,349 shares of the semiconductor company’s stock worth $1,377,174,000 after purchasing an additional 892,736 shares during the last quarter. Assenagon Asset Management S.A. increased its stake in Synopsys by 11.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 2,729,988 shares of the semiconductor company’s stock valued at $1,187,381,000 after purchasing an additional 274,586 shares in the last quarter. Finally, Amundi increased its stake in Synopsys by 3.6% during the 1st quarter. Amundi now owns 1,761,983 shares of the semiconductor company’s stock valued at $698,591,000 after purchasing an additional 61,077 shares in the last quarter. 85.47% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Synopsys

In other news, CEO Sassine Ghazi sold 14,604 shares of the stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $462.84, for a total value of $6,759,315.36. Following the sale, the chief executive officer owned 76,865 shares in the company, valued at $35,576,196.60. This represents a 15.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Janet Lee sold 1,144 shares of the firm’s stock in a transaction on Tuesday, October 6th. The stock was sold at an average price of $502.52, for a total transaction 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. This trade represents a 6.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 117,163 shares of company stock valued at $51,366,457. 0.56% of the stock is currently owned by insiders.

Synopsys Trading Up 0.8%

Synopsys stock opened at $451.19 on Thursday. The company has a quick ratio of 1.24, a current ratio of 1.34 and a debt-to-equity ratio of 0.29. Synopsys, Inc. has a 52 week low of $362.55 and a 52 week high of $539.48. The company has a market capitalization of $86.46 billion, a price-to-earnings ratio of 79.72, a price-to-earnings-growth ratio of 1.82 and a beta of 1.21. The stock has a 50-day moving average price of $429.93 and a 200 day moving average price of $443.08.

Synopsys (NASDAQ:SNPS) last issued its earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 EPS for the quarter, beating analysts’ consensus estimates of $3.67 by $0.24. Synopsys had a return on equity of 6.24% and a net margin of 11.43%. The firm had revenue of $2.48 billion for the quarter, compared to analyst estimates of $2.44 billion. During the same quarter in the prior year, the firm earned $3.39 earnings per share. Synopsys’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. Sell-side analysts anticipate that Synopsys, Inc. will post 11.00 EPS for the current year.

Synopsys announced that its board has approved a stock repurchase plan on Monday, October 5th that allows the company to buy back $1.00 billion in shares. This repurchase authorization allows the semiconductor company to reacquire up to 1.1% of its shares through open market purchases. Share repurchase plans are generally a sign that the company’s leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

SNPS has been the subject of a number of research analyst reports. Morgan Stanley raised their price target on shares of Synopsys from $500.00 to $574.00 and gave the stock an “overweight” rating in a report on Tuesday. KeyCorp boosted their price objective on shares of Synopsys from $600.00 to $605.00 and gave the company an “overweight” rating in a report on Thursday, October 1st. JPMorgan Chase & Co. dropped their price objective on shares of Synopsys from $650.00 to $600.00 in a report on Thursday, August 27th. Roth Capital raised Synopsys to a “buy” rating in a research report on Friday, September 25th. Finally, HSBC lowered Synopsys from a “buy” rating to a “reduce” rating in a research note on Friday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $575.00.

Synopsys Profile

Synopsys, Inc is an electronic design automation (EDA) and semiconductor intellectual property company serving the global semiconductor and electronics industries. Its software helps engineers design, verify, test and manufacture advanced integrated circuits and electronic systems.

The company’s products and services support digital and analog design, functional verification, design-for-test, manufacturing and semiconductor engineering workflows. Synopsys also provides reusable semiconductor IP, including processor cores, interface technologies, security solutions and other components used in system-on-chip designs.

In addition to its semiconductor design offerings, Synopsys provides software development and application security tools intended to help organizations identify and manage vulnerabilities and risks across the software development lifecycle.