In a filing, Synopsys, Inc revealed its EXECUTIVE CHAIR DE GEUS AART unloaded Company’s shares for reported $6.98 million on Mar 06 ’25. In the deal valued at $444.42 per share,15,705 shares were sold. As a result of this transaction, DE GEUS AART now holds 116,671 shares worth roughly $52.91 million.
Then, DE GEUS AART bought 15,705 shares, generating $6,979,652 in total proceeds.
Before that, Ghazi Sassine sold 11,366 shares. Synopsys, Inc shares valued at $5,270,969 were divested by the PRESIDENT AND CEO at a price of $463.75 per share. As a result of the transaction, Ghazi Sassine now holds 70,922 shares, worth roughly $32.16 million.
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 jump 1.63% to $453.51. Over the last five days, the stock has gained 5.50%. Synopsys, Inc shares have fallen nearly -6.56% since the year began. Nevertheless, the stocks have fallen -19.19% over the past one year. While a 52-week high of $624.80 was reached on 01/23/25, a 52-week low of $425.73 was recorded on 03/13/25. SMA at 50 days reached $493.46, while 200 days put it at $526.94.
Levels Of Support And Resistance For SNPS Stock
The 24-hour chart illustrates a support level at 442.07, which if violated will result in even more drops to 430.63. On the upside, there is a resistance level at 462.88. A further resistance level may holdings at 472.25. The Relative Strength Index (RSI) on the 14-day chart is 44.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.39%. Stochastics %K at 27.37% indicates the stock is a holding.
How much short interest is there in Synopsys, Inc?
A steep rise in short interest was recorded in Synopsys, Inc stocks on 2025-02-28, growing by 0.29 million shares to a total of 3.8 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.51 million shares. There was a rise of 7.54%, which implies that there is a positive sentiment for the stock.
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.
