Synopsys, Inc. (NASDAQ:SNPS) Experiences Lighter than Average Trading Volume

Lloyd Doyle
September 17, 2017

State Board Of Administration Of Florida Retirement System invested in 34,680 shares. This repurchase authorization permits the semiconductor company to purchase up to 4.5% of its stock through open market purchases.

About 5,764 shares traded. It has underperformed by 16.70% the S&P500. Alps Advisors Inc. now owns 6,767 shares of the semiconductor company's stock valued at $494,000 after acquiring an additional 18 shares in the last quarter. (SNPS) by 1.93% based on its latest 2016Q4 regulatory filing with the SEC. Livforsakringsbolaget Skandia Omsesidigt owns 0.03% invested in Synopsys, Inc. Federated Investors Pa has 86,564 shares. Mitsubishi Ufj Trust & Banking Corp who had been investing in Synopsys Inc. for a number of months, seems to be bullish on the $11.96B market cap company. The days to cover decreased to 2.0 and the short interest percentage is 0.01% as of August 15. Synopsys, Inc. (NASDAQ:SNPS) has risen 45.65% since September 14, 2016 and is uptrending. It has outperformed by 28.95% the S&P500. (NASDAQ:SNPS) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The Robeco Institutional Asset Management holds 1.06 million shares with $62.28 million value, up from 809,777 last quarter. (NASDAQ:SNPS). Ami Asset Management stated it has 1.82% of its portfolio in Synopsys, Inc. Pacer Advisors Inc. increased its position in Synopsys by 3.2% in the 1st quarter. (NASDAQ:SNPS) was released by: Prnewswire.com and their article: "Synopsys Announces Release 11.1 of CODE V Optical Design Software" with publication date: September 05, 2017. Equities analysts anticipate that Synopsys, Inc. will post $3.31 EPS for the current fiscal year. (NASDAQ:SNPS) was up +1.39% during the last trading session, with a day high of 80.46. Therefore 71% are positive. (NASDAQ:SNPS). Janus Cap Management Limited Liability Corp reported 830,486 shares stake. Benchmark initiated Synopsys, Inc. (NASDAQ:SNPS) on Wednesday, September 9 with "Hold" rating. Finally, Needham & Company LLC restated a "buy" rating and set a $83.00 price objective (up from $77.00) on shares of Synopsys in a research report on Thursday, August 17th. (NASDAQ:SNPS) has "Buy" rating given on Monday, June 19 by RBC Capital Markets. Credit Suisse initiated it with "Outperform" rating and $68 target in Wednesday, October 19 report. As per Thursday, August 18, the company rating was maintained by Benchmark. Zacks Investment Research downgraded Synopsys from a "strong-buy" rating to a "hold" rating in a research note on Monday, December 5th. The rating was initiated by Bank of America on Friday, August 28 with "Average".

Since May 19, 2017, it had 0 insider buys, and 5 selling transactions for $21.61 million activity. Another trade for 5,000 shares valued at $355,226 was sold by Logan Joseph W. 21,496 shares valued at $1.53 million were sold by SCHWARZ JOHN on Friday, May 19. Synopsys, Inc.'s ROA is rolling at 6.10%, following the ROI of 7.50%. 3,750 shares were sold by CHAN CHI-FOON, worth $266,088. About 1.22M shares traded or 41.84% up from the average.

Investors sentiment increased to 1.18 in 2016 Q4. Its down 0.55, from 1.39 in 2016Q3.

A number of other institutional investors have also recently modified their holdings of SNPS. 35 funds opened positions while 116 raised stakes. Pacer Advisors Inc. now owns 2,861 shares of the semiconductor company's stock worth $206,000 after purchasing an additional 88 shares during the period. C M Bidwell Assoc Limited invested 0.87% in Synopsys, Inc. Timessquare Capital Mngmt Llc has 0.19% invested in Pegasystems Inc. (NASDAQ:SNPS) to report earnings on November, 29. Pictet Asset Mgmt accumulated 847,665 shares or 0.19% of the stock. "(NASDAQ:SNPS)" was first published by StockNewsTimes and is the property of of StockNewsTimes.


Want to see what other hedge funds are holding SNPS? (NASDAQ:SNPS). Great West Life Assurance Can stated it has 255,148 shares.

Profund Advisors Limited Liability Company holds 0.05% or 19,995 shares in its portfolio. YorkBridge Wealth Partners LLC now owns 1,487 shares of the semiconductor company's stock valued at $110,000 after buying an additional 92 shares during the last quarter. Orrstown Financial Services holds 50 shares.

WARNING: "Capital Fund Management S.A. Buys Shares of 199,730 Synopsys, Inc". As of quarter end Swedbank had bought 195,582 shares growing its stake by 10.4%.

Among 4 analysts covering Total Energy Services (TSE:TOT), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 21% are positive. The firm has "Market Perform" rating by BMO Capital Markets given on Thursday, March 30. As per Thursday, July 20, the company rating was maintained by Morgan Stanley. The stock now has an average rating of "Buy" and an average target price of $83.38. The firm has "Buy" rating by RBC Capital Markets given on Monday, July 17.

Among 7 analysts covering TT Electronics PLC (LON:TTG), 7 have Buy rating, 0 Sell and 0 Hold. The company was downgraded on Tuesday, January 26 by Credit Suisse. Its down 0.03, from 0.99 in 2016Q3. It dropped, as 44 investors sold GWW shares while 197 reduced holdings. Thrivent Financial For Lutherans owns 637,920 shares.

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