Schwartz Investment Counsel Inc. Buys Shares of 37,685 Synopsys, Inc. $SNPS

by · The Markets Daily

Schwartz Investment Counsel Inc. purchased a new position in Synopsys, Inc. (NASDAQ:SNPS – Free Report) during the third quarter, Holdings Channel.com reports. The firm purchased 37,685 shares of the semiconductor company’s stock, valued at approximately $18,593,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Alpine Bank Wealth Management grew its stake in Synopsys by 89.3% in the third quarter. Alpine Bank Wealth Management now owns 53 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 25 shares in the last quarter. TFC Financial Management Inc. raised its stake in shares of Synopsys by 1,250.0% during the 3rd quarter. TFC Financial Management Inc. now owns 54 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 50 shares in the last quarter. Independence Bank of Kentucky lifted its holdings in shares of Synopsys by 120.0% during the 2nd quarter. Independence Bank of Kentucky now owns 55 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 30 shares during the last quarter. SOA Wealth Advisors LLC. bought a new stake in shares of Synopsys in the 3rd quarter valued at approximately $28,000. Finally, McIlrath & Eck LLC acquired a new position in Synopsys in the third quarter worth approximately $29,000. 85.47% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Janet Lee sold 250 shares of the company’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $530.00, for a total transaction of $132,500.00. Following the completion of the transaction, the insider directly owned 11,959 shares in the company, valued at $6,338,270. This represents a 2.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Shelagh Glaser sold 3,657 shares of the firm’s stock in a transaction on Friday, December 19th. The stock was sold at an average price of $460.77, for a total transaction of $1,685,035.89. Following the completion of the sale, the chief financial officer owned 17,842 shares in the company, valued at $8,221,058.34. This represents a 17.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 4,157 shares of company stock valued at $1,945,036. Corporate insiders own 0.62% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Wall Street Zen upgraded shares of Synopsys from a “sell” rating to a “hold” rating in a research note on Saturday, December 13th. Wells Fargo & Company lifted their price objective on shares of Synopsys from $445.00 to $500.00 and gave the company an “equal weight” rating in a research note on Thursday, December 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Synopsys in a report on Wednesday, October 8th. Bank of America upgraded Synopsys from an “underperform” rating to a “neutral” rating and cut their target price for the company from $525.00 to $500.00 in a report on Monday, December 8th. Finally, JPMorgan Chase & Co. upped their price target on Synopsys from $600.00 to $650.00 and gave the stock an “overweight” rating in a research note on Thursday, December 11th. Nine analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Synopsys presently has a consensus rating of “Hold” and a consensus price target of $553.57.

View Our Latest Stock Analysis on Synopsys

Synopsys Stock Up 1.6%

SNPS stock opened at $516.31 on Monday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.62 and a quick ratio of 1.52. Synopsys, Inc. has a 52-week low of $365.74 and a 52-week high of $651.73. The company has a 50-day moving average of $455.35 and a two-hundred day moving average of $504.83. The stock has a market capitalization of $98.78 billion, a price-to-earnings ratio of 64.62, a price-to-earnings-growth ratio of 4.30 and a beta of 1.12.

Synopsys (NASDAQ:SNPS – Get Free Report) last posted its quarterly earnings data on Wednesday, December 10th. The semiconductor company reported $2.90 EPS for the quarter, topping analysts’ consensus estimates of $2.79 by $0.11. Synopsys had a return on equity of 7.89% and a net margin of 18.89%.The business had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.25 billion. During the same period in the previous year, the company posted $3.40 earnings per share. The firm’s revenue for the quarter was up 37.8% on a year-over-year basis. Synopsys has set its FY 2026 guidance at 14.320-14.400 EPS and its Q1 2026 guidance at 3.520-3.580 EPS. As a group, equities research analysts anticipate that Synopsys, Inc. will post 10.64 EPS for the current year.

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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