1 week Ago By ABMN Staff
New York Life Investment Management LLC decreased its stake in shares of Synopsys, Inc. ( NASDAQ:SNPS – Free Report ) by 0.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.
The firm owned 22,973 shares of the semiconductor company’s stock after selling 144 shares during the period. New York Life Investment Management LLC’s holdings in Synopsys were worth $13,670,000 as of its most recent SEC filing. Other large investors have also recently bought and sold shares of the company.
ORG Partners LLC grew its stake in shares of Synopsys by 600.0% in the 2nd quarter. ORG Partners LLC now owns 42 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 36 shares during the last quarter.
University of Texas Texas AM Investment Managment Co. acquired a new position in shares of Synopsys in the 4th quarter worth approximately $28,000. Jones Financial Companies Lllp grew its stake in shares of Synopsys by 233.
3% in the 4th quarter. Jones Financial Companies Lllp now owns 60 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 42 shares during the last quarter. Activest Wealth Management acquired a new position in shares of Synopsys in the 1st quarter worth approximately $35,000.
Finally, Fortitude Family Office LLC grew its stake in shares of Synopsys by 66.7% in the 2nd quarter. Fortitude Family Office LLC now owns 60 shares of the semiconductor company’s stock worth $36,000 after purchasing an additional 24 shares during the last quarter.
Institutional investors and hedge funds own 85.47% of the company’s stock. Insider Buying and Selling at Synopsys In other Synopsys news, CEO Sassine Ghazi sold 10,293 shares of Synopsys stock in a transaction that occurred on Friday, August 23rd.
The shares were sold at an average price of $553.89, for a total value of $5,701,189.77.
Following the completion of the sale, the chief executive officer now directly owns 62,568 shares in the company, valued at $34,655,789.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink .
In other Synopsys news, insider Geus Aart De sold 493 shares of Synopsys stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $620.60, for a total value of $305,955.
80. Following the completion of the sale, the insider now directly owns 106,983 shares in the company, valued at $66,393,649.80.
The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink . Also, CEO Sassine Ghazi sold 10,293 shares of Synopsys stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $553.
89, for a total transaction of $5,701,189.77. Following the completion of the transaction, the chief executive officer now directly owns 62,568 shares in the company, valued at approximately $34,655,789.
52. The disclosure for this sale can be found here . Insiders sold 74,623 shares of company stock worth $45,147,321 over the last ninety days.
0.66% of the stock is currently owned by insiders. Analysts Set New Price Targets Read Our Latest Stock Report on SNPS Synopsys Stock Performance SNPS stock opened at $463.
97 on Friday. The stock has a market cap of $71.27 billion, a P/E ratio of 50.
43, a P/E/G ratio of 3.15 and a beta of 1.08.
The firm has a 50 day simple moving average of $550.05 and a 200 day simple moving average of $562.51.
Synopsys, Inc. has a 52 week low of $440.62 and a 52 week high of $629.
38. Synopsys ( NASDAQ:SNPS – Get Free Report ) last posted its quarterly earnings results on Wednesday, August 21st. The semiconductor company reported $3.
43 EPS for the quarter, topping the consensus estimate of $3.28 by $0.15.
The business had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.52 billion.
Synopsys had a net margin of 24.06% and a return on equity of 22.09%.
The firm’s quarterly revenue was up 12.7% compared to the same quarter last year. During the same period last year, the company posted $2.
17 earnings per share. Sell-side analysts predict that Synopsys, Inc. will post 9.
45 EPS for the current year. Synopsys Profile ( Free Report ) Synopsys, Inc provides electronic design automation software products used to design and test integrated circuits. It operates in three segments: Design Automation, Design IP, and Software Integrity.
The company offers Digital and Custom IC Design solution that provides digital design implementation solutions; Verification solution that offers virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions. Featured Articles Want to see what other hedge funds are holding SNPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Synopsys, Inc.
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