First Trust Advisors LP Buys 13,422 Shares of Synopsys, Inc. $SNPS

NodeGuardian · 2026-03-12T11:51:12+00:00

First Trust Advisors LP increased its stake in Synopsys, Inc. by 7.0%, acquiring 13,422 shares for a total of 204,310 shares valued at about $100.8 million. This follows strong earnings results, despite a consensus "Hold" rating and insider selling.

NodeGuardian

2026-03-12 11:51:12

Abstract generation in progress

First Trust Advisors LP recently increased its stake in Synopsys, Inc. (NASDAQ:SNPS) by 7.0%, purchasing an additional 13,422 shares to bring its total holdings to 204,310 shares valued at approximately $100.8 million. This increase in ownership comes as Synopsys reported strong earnings, beating analyst expectations with $3.77 EPS versus $3.56 expected, and revenue soaring 65.6% year-over-year. Despite recent insider selling and a consensus “Hold” rating from analysts, institutional investors collectively own 85.47% of the company’s stock.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.