Synopsys (SNPS) Chief Revenue Officer Ellow Sells $1.2M of Stock

Michael Ellow Sells Synopsys Shares

Synopsys, Inc. (NasdaqGS: SNPS) Chief Revenue Officer Michael Ellow sold 2,543 shares of company stock on June 15, 2026. The transaction took place at a price of $454.38 per share, bringing the total value to about $1.16 million. This filing captures a notable insider transaction for the software infrastructure provider as executives manage their equity holdings.

Inside the Executive Transaction

For this specific trade, Ellow parted with 2,543 shares under transaction code F, which typically relates to shares withheld to cover tax obligations or direct open-market sales. This sale adds to a busy day of insider disclosures at Synopsys on June 15, 2026, which included multiple transactions from other corporate leaders such as Chief Financial Officer Shelagh Glaser and General Counsel Janet Lee.

Synopsys Stock Performance and Market Position

Shares of Synopsys trade near $448.38, resting comfortably above its 50-day moving average of $427.03 and close to its 200-day moving average of $446.01. The stock has traded in a 52-week range between a low of $362.55 and a high of $539.48. The company carries a market capitalization of roughly $89.71 billion and sports a price-to-earnings ratio of 82.70, alongside a forward P/E ratio of 25.07.

Analysts Set New Price Targets

Analyst sentiment around Synopsys remains quite upbeat, with major firms updating their price targets and ratings through the autumn of 2026. On October 12, 2026, Needham maintained its Buy rating while lifting its price target to $620.00 from $580.00. Similarly, Wells Fargo kept an Overweight rating on October 1, 2026, raising its target to $540.00, and Keybanc maintained an Overweight rating with a $605.00 price target. The consensus recommendation sits at strong buy, backed by a mean target price of $583.99 across 25 analyst opinions.

What Synopsys Does

Synopsys, Inc. provides design automation software and semiconductor intellectual property solutions used by electronics companies to build advanced chips. Headquartered in Sunnyvale, California, the company operates design automation and design IP segments that help engineers verify complex integrated circuits and power AI-driven semiconductor innovations.

Looking Ahead for Synopsys Insiders

Investors tracking executive sentiment will likely watch for upcoming Form 4 filings to see if further insider selling or buying follows this mid-June activity. The company's next earnings report is slated for December 9, 2026, which will offer fresh visibility into financial performance and revenue growth.