Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Synopsys, Inc shares valued at $6,979,652 were purchased by DE GEUS AART on Mar 06 ’25. At $444.42 per share, DE GEUS AART acquired 15,705 shares.
Also, Ghazi Sassine sold 11,366 shares, netting a total of over 5,270,969 in proceeds. Following the sale of shares at $463.75 each, the insider now holds 70,922 shares.
Before that, SASSINE E GHAZI had added 11,366 shares to its account. In a trade valued at $5,270,969, the Officer bought Synopsys, Inc shares for $463.75 each.
As published in their initiating research note from Redburn Atlantic on January 13, 2025, Synopsys, Inc [SNPS] has been a Buy and the price target has been revised to $600. Analysts at Wells Fargo started covering the stock with ‘”an Equal weight”‘ outlook in a report released in late November. As of November 12, 2024, Loop Capital has initiated its “Buy” rating for SNPS. Earlier on October 22, 2024, Mizuho initiated its rating. Their recommendation was “an Outperform” for SNPS stock.
Analyzing SNPS Stock Performance
During the last five days, there has been a drop of approximately -1.97%. Over the course of the year, Synopsys, Inc shares have dropped approximately -8.17%. Shares of the company reached a 52-week high of $556.31 on 01/23/25 and a 52-week low of $429.77 on 03/04/25. A 50-day SMA is recorded $500.89, while a 200-day SMA reached $531.81.
Support And Resistance Levels for Synopsys, Inc (SNPS)
According to the 24-hour chart, there is a support level at 437.59, which, if violated, would cause prices to drop to 429.46. In the upper region, resistance lies at 452.11. The next price resistance is at 458.50. RSI (Relative Strength Index) is 32.79 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -25.77, which suggests the price will decrease in the coming days. Percent R is at 83.75%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
