In a filing, Synopsys, Inc revealed its Officer SASSINE E GHAZI acquired Company’s shares for reported $5.27 million on Mar 03 ’25. In the deal valued at $463.75 per share,11,366 shares were bought.
Then, MAHONEY RICHARD S. sold 20,838 shares, generating $10,544,205 in total proceeds. Upon selling the shares at $506.01, the Chief Revenue Officer now owns 1,460 shares.
Before that, RICHARD S. MAHONEY bought 20,838 shares. Synopsys, Inc shares valued at $10,544,205 were divested by the Officer at a price of $506.01 per share.
Redburn Atlantic initiated its Synopsys, Inc [SNPS] rating to a Buy in a research note published on January 13, 2025; the price target was $600. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in late November with a ‘”an Equal weight”‘ rating. Loop Capital began covering SNPS with “Buy” recommendation on November 12, 2024. Mizuho started covering the stock on October 22, 2024. It rated SNPS as “an Outperform”.
Price Performance Review of SNPS
On Monday, Synopsys, Inc [NASDAQ:SNPS] saw its stock fall -3.07% to $443.26. Over the last five days, the stock has lost -5.71%. Synopsys, Inc shares have fallen nearly -8.67% since the year began. Nevertheless, the stocks have fallen -22.27% over the past one year. While a 52-week high of $624.80 was reached on 01/23/25, a 52-week low of $448.11 was recorded on 03/03/25. SMA at 50 days reached $504.10, while 200 days put it at $533.66.
Levels Of Support And Resistance For SNPS Stock
The 24-hour chart illustrates a support level at 434.46, which if violated will result in even more drops to 425.65. On the upside, there is a resistance level at 459.90. A further resistance level may holdings at 476.53. The Relative Strength Index (RSI) on the 14-day chart is 30.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -36.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.89%. Stochastics %K at 4.08% indicates the stock is a buying.
The most recent change occurred on October 15, 2024 when Berenberg began covering the stock and recommended ‘”a Buy”‘ rating along with a $660 price target.
