Nordea Investment Management AB Sells 82,541 Shares of Synopsys, Inc. $SNPS
by Tristan Rich · The Markets DailyNordea Investment Management AB cut its stake in Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 7.8% in the third quarter, Holdings Channel reports. The institutional investor owned 976,023 shares of the semiconductor company’s stock after selling 82,541 shares during the period. Nordea Investment Management AB’s holdings in Synopsys were worth $479,637,000 at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in Synopsys by 5.7% in the fourth quarter. Brighton Jones LLC now owns 921 shares of the semiconductor company’s stock worth $447,000 after purchasing an additional 50 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in Synopsys by 11.6% during the 1st quarter. Integrated Wealth Concepts LLC now owns 760 shares of the semiconductor company’s stock valued at $326,000 after buying an additional 79 shares in the last quarter. NewEdge Advisors LLC boosted its position in Synopsys by 15.1% in the 1st quarter. NewEdge Advisors LLC now owns 3,010 shares of the semiconductor company’s stock valued at $1,291,000 after buying an additional 395 shares during the period. Voya Investment Management LLC boosted its stake in shares of Synopsys by 23.4% during the first quarter. Voya Investment Management LLC now owns 59,467 shares of the semiconductor company’s stock valued at $25,502,000 after purchasing an additional 11,260 shares in the last quarter. Finally, Gradient Investments LLC raised its stake in Synopsys by 28.8% in the second quarter. Gradient Investments LLC now owns 41,237 shares of the semiconductor company’s stock worth $21,141,000 after buying an additional 9,215 shares in the last quarter. 85.47% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Synopsys
In other Synopsys news, CFO Shelagh Glaser sold 3,657 shares of Synopsys stock in a transaction dated 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 transaction, the chief financial officer owned 17,842 shares in the company, valued at approximately $8,221,058.34. This trade represents a 17.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Janet Lee sold 250 shares of the business’s stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $510.00, for a total value of $127,500.00. Following the completion of the transaction, the insider directly owned 12,209 shares of the company’s stock, valued at approximately $6,226,590. This trade represents a 2.01% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.62% of the company’s stock.
Analyst Ratings Changes
Several analysts have commented on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Synopsys in a research report on Wednesday, October 8th. Morgan Stanley raised their target price on shares of Synopsys from $510.00 to $550.00 and gave the company an “overweight” rating in a research note on Friday, December 12th. Wall Street Zen raised Synopsys from a “sell” rating to a “hold” rating in a research report on Saturday, December 13th. Piper Sandler lowered Synopsys from an “overweight” rating to a “neutral” rating and set a $520.00 price objective for the company. in a report on Tuesday. Finally, Wells Fargo & Company boosted their target price on Synopsys from $445.00 to $500.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 11th. Nine equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $553.57.
Read Our Latest Analysis on Synopsys
Synopsys Stock Up 1.6%
Synopsys stock opened at $533.42 on Tuesday. The business’s 50-day simple moving average is $446.82 and its two-hundred day simple moving average is $504.96. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.52 and a current ratio of 1.62. The company has a market cap of $102.05 billion, a PE ratio of 66.76, a PEG ratio of 4.37 and a beta of 1.12. Synopsys, Inc. has a fifty-two week low of $365.74 and a fifty-two week high of $651.73.
Synopsys (NASDAQ:SNPS – Get Free Report) last released its earnings results 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 firm had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.25 billion. During the same quarter in the previous year, the company posted $3.40 earnings per share. The company’s revenue was up 37.8% compared to the same quarter last year. Synopsys has set its FY 2026 guidance at 14.320-14.400 EPS and its Q1 2026 guidance at 3.520-3.580 EPS. Equities analysts anticipate that Synopsys, Inc. will post 10.64 EPS for the current year.
Synopsys Profile
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.
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