Synopsys (SNPS) Chief Revenue Officer Ellow Buys 5,128 Shares

Michael Ellow, the Chief Revenue Officer of Synopsys, Inc. (NASDAQ: SNPS), acquired 5,128 shares of the company on June 15, 2026. This insider transaction did not involve a planned purchase under Rule 10b5-1, reflecting a direct acquisition by Ellow.

Insider Buying and Selling at Synopsys, Inc.

Ellow's purchase on June 15 wasn't the only insider activity. On the same day, Kankanwadi Sudhindra, Deputy CFO & CAO, also bought 720 shares. However, there were sales as well, with Sudhindra selling 249 shares at $454.38 each, and CEO Sassine Ghazi selling 14,603 shares. Executive Chair Aart de Geus also sold 449 shares.

Other Institutional Activity in Synopsys

Several major funds have adjusted their positions in Synopsys recently. BlackRock, Inc. increased its holdings by 725,174 shares, bringing its total to 15,865,780 shares valued at approximately $6.29 billion. FMR LLC added 873,487 shares, ending with 8,365,655 shares worth around $3.32 billion. Meanwhile, State Street Corp grew its position by 110,133 shares to 8,899,023 shares, valued at $3.53 billion.

Synopsys, Inc. Stock Down 6.6%

Shares of Synopsys traded at $454.38 as of the latest close. The company has a market capitalization of approximately $87 billion, with a P/E ratio of 104.2 and a forward P/E of 26.3. Its beta is 1.214, indicating moderate volatility. Over the past year, the stock has ranged from $376.18 to $651.73, with a 50-day moving average of $476.05 and a 200-day moving average of $461.68.

Analysts Set New Price Targets

Analyst sentiment remains favorable for Synopsys. On May 28, 2026, Citigroup maintained its 'buy' rating with a price target of $610. BNP Paribas, however, maintained a 'sell' rating with a target of $450. Other firms like Stifel and B of A Securities also reiterated 'buy' ratings with targets of $600. The consensus rating is 'buy', with a mean price target of $560.38 based on 26 analyst opinions.

Recent Earnings

In its recent earnings report, Synopsys posted revenue of $8.68 billion, reflecting a growth rate of 41.9%. The company's net margin stood at 8.9%, with a return on equity of 3.8%. Earnings per share were $4.36. The next earnings report is expected on September 8, 2026.

About Synopsys

Synopsys, Inc., headquartered in Sunnyvale, California, provides software solutions for the semiconductor and electronics industries. It operates in Design Automation and Design IP segments, offering products for IC design, verification, and FPGA programming. The company, led by CEO Sassine Ghazi, collaborates with firms like Arm Holdings to enhance its technology offerings. Synopsys employs around 28,000 people globally.

Bottom Line

Michael Ellow's recent purchase of Synopsys shares adds to the insider activity spotlighting the company. With a robust market position and favorable analyst ratings, Synopsys continues to be a key player in the technology sector. Investors often track such insider transactions for potential insights, though these filings are reflective of past actions and may not indicate current positions.