Synopsys, Inc. $SNPS Shares Purchased by GFG Capital LLC

GFG Capital LLC increased its holdings in shares of Synopsys, Inc. (NASDAQ:SNPS) by 23.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,909 shares of the semiconductor company’s stock after buying an additional 1,523 shares during the quarter. GFG Capital LLC’s holdings in Synopsys were worth $3,440,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Sankala Group LLC purchased a new stake in shares of Synopsys during the 4th quarter worth about $25,000. Elevation Wealth Partners LLC grew its stake in shares of Synopsys by 96.4% in the 2nd quarter. Elevation Wealth Partners LLC now owns 55 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 27 shares in the last quarter. Osbon Capital Management LLC bought a new stake in shares of Synopsys in the 2nd quarter valued at approximately $25,000. IMG Wealth Management Inc. acquired a new position in Synopsys in the second quarter worth approximately $28,000. Finally, GK Wealth Management LLC acquired a new position in Synopsys in the third quarter worth approximately $28,000. Hedge funds and other institutional investors own 85.47% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on SNPS shares. Rosenblatt Securities lifted their price objective on shares of Synopsys from $575.00 to $620.00 and gave the company a “buy” rating in a research note on Thursday, October 1st. Morgan Stanley lowered their target price on shares of Synopsys from $525.00 to $500.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 19th. Roth Capital raised Synopsys to a “buy” rating in a research report on Friday, September 25th. Wells Fargo & Company upped their price target on Synopsys from $475.00 to $540.00 and gave the stock an “overweight” rating in a research note on Thursday, October 1st. Finally, Benchmark restated a “buy” rating and issued a $570.00 target price on shares of Synopsys in a report on Thursday, August 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Synopsys currently has a consensus rating of “Moderate Buy” and a consensus target price of $571.78.

Synopsys Trading Down 2.9%

Shares of NASDAQ SNPS opened at $454.63 on Friday. Synopsys, Inc. has a 1-year low of $362.55 and a 1-year high of $539.48. The company has a 50-day moving average of $427.56 and a two-hundred day moving average of $441.51. The company has a market cap of $87.13 billion, a PE ratio of 80.32, a P/E/G ratio of 1.91 and a beta of 1.21. The company has a current ratio of 1.34, a quick ratio of 1.24 and a debt-to-equity ratio of 0.29.

Synopsys (NASDAQ:SNPS) last posted its quarterly earnings results on Wednesday, August 26th. The semiconductor company reported $3.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.67 by $0.24. Synopsys had a return on equity of 6.24% and a net margin of 11.43%. The business had revenue of $2.48 billion for the quarter, compared to analysts’ expectations of $2.44 billion. During the same quarter last year, the business earned $3.39 earnings per share. The firm’s quarterly revenue was up 42.4% compared to the same quarter last year. 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, equities analysts expect that Synopsys, Inc. will post 10.97 earnings per share for the current fiscal year.

Synopsys declared that its Board of Directors has authorized a share repurchase program on Monday, October 5th that allows the company to buy back $1.00 billion in outstanding shares. This buyback authorization allows the semiconductor company to buy up to 1.1% of its shares through open market purchases. Share buyback programs are typically a sign that the company’s board believes its shares are undervalued.

Insiders Place Their Bets

In other news, CEO Sassine Ghazi sold 14,604 shares of the business’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $374.88, for a total value of $5,474,747.52. Following the sale, the chief executive officer owned 76,865 shares of the company’s stock, valued at $28,815,151.20. The trade was a 15.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Aart de Geus sold 25,000 shares of the stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $441.76, for a total transaction of $11,044,000.00. Following the transaction, the insider owned 120,421 shares of the company’s stock, valued at approximately $53,197,180.96. This represents a 17.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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. Company insiders own 0.56% of the company’s stock.

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.