Synopsys, Inc. $SNPS Stock Bought by Grandfield & Dodd LLC

Grandfield & Dodd LLC grew its position in Synopsys, Inc. (NASDAQ:SNPS) by 3.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 74,648 shares of the semiconductor company’s stock after buying an additional 2,673 shares during the period. Synopsys accounts for approximately 1.7% of Grandfield & Dodd LLC’s investment portfolio, making the stock its 14th largest holding. Grandfield & Dodd LLC’s holdings in Synopsys were worth $32,467,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Invera Wealth Advisors LLC lifted its position in Synopsys by 45.2% in the 3rd quarter. Invera Wealth Advisors LLC now owns 3,086 shares of the semiconductor company’s stock valued at $1,342,000 after acquiring an additional 960 shares in the last quarter. Arta Finance Wealth Management LLC boosted its holdings in shares of Synopsys by 15.9% in the 3rd quarter. Arta Finance Wealth Management LLC now owns 1,338 shares of the semiconductor company’s stock valued at $582,000 after buying an additional 184 shares during the last quarter. Glenview Trust Co bought a new position in shares of Synopsys in the 3rd quarter valued at about $228,000. Parcion Private Wealth LLC raised its stake in Synopsys by 33.8% in the third quarter. Parcion Private Wealth LLC now owns 2,204 shares of the semiconductor company’s stock valued at $959,000 after buying an additional 557 shares during the period. Finally, Soltis Investment Advisors LLC raised its stake in Synopsys by 56.1% in the 3rd quarter. Soltis Investment Advisors LLC now owns 1,723 shares of the semiconductor company’s stock valued at $749,000 after acquiring an additional 619 shares during the period. 85.47% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Synopsys news, CFO Sudhindra Kankanwadi sold 9,170 shares of the company’s stock in a transaction dated 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 sale, the chief financial officer owned 22,717 shares in the company, valued at approximately $11,358,500. The trade was a 28.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Sassine Ghazi sold 14,604 shares of the stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 76,865 shares of the company’s stock, valued at approximately $35,576,196.60. The trade was a 15.97% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 117,163 shares of company stock worth $51,366,457. Corporate insiders own 0.56% of the company’s stock.

Synopsys Trading Down 4.6%

Shares of SNPS stock opened at $467.61 on Friday. The firm has a market capitalization of $89.61 billion, a P/E ratio of 82.62, a P/E/G ratio of 1.90 and a beta of 1.21. Synopsys, Inc. has a twelve month low of $362.55 and a twelve month 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’s fifty day simple moving average is $437.48 and its 200 day simple moving average is $443.62.

Synopsys (NASDAQ:SNPS) last released its quarterly earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share for the quarter, topping the consensus estimate of $3.67 by $0.24. The company had revenue of $2.48 billion for the quarter, compared to analysts’ expectations of $2.44 billion. Synopsys had a return on equity of 6.24% and a net margin of 11.43%. The business’s quarterly revenue was up 42.4% compared to the same quarter last year. During the same period in the previous year, the business posted $3.39 earnings per share. Synopsys has set its Q4 2026 guidance at 4.100-4.160 EPS and its FY 2026 guidance at 15.040-15.100 EPS. As a group, sell-side analysts predict that Synopsys, Inc. will post 11.01 EPS for the current fiscal year.

Synopsys declared that its Board of Directors has initiated a share repurchase plan on Monday, October 5th that allows the company to buy back $1 billion in shares. This repurchase authorization allows the semiconductor company to repurchase up to 1.1% of its stock through open market purchases. Share repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

SNPS has been the topic of several research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $640.00 price target (up from $590.00) on shares of Synopsys in a research note on Thursday, October 1st. Benchmark reissued a “buy” rating and set a $570.00 price target on shares of Synopsys in a report on Thursday, August 27th. Sanford C. Bernstein initiated coverage on Synopsys in a research report on Friday, September 25th. They issued an “outperform” rating on the stock. Barclays began coverage on Synopsys in a research note on Friday, September 25th. They set an “overweight” rating for the company. Finally, Zacks Research raised shares of Synopsys from a “hold” rating to a “strong-buy” rating in a report on Friday, October 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $575.00.

About Synopsys

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.