Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Synopsys, Inc shares valued at $5,204,786 were sold by Ghazi Sassine on Jun 02 ’25. At $457.93 per share, Ghazi Sassine sold 11,366 shares. The insider’s holdings dropped to 71,589 shares worth approximately $34.52 million following the completion of this transaction.
Also, SASSINE E GHAZI purchased 11,366 shares, netting a total of over 5,204,785 in proceeds.
Before that, DE GEUS AART had sold 15,705 shares from its account. In a trade valued at $6,979,652, the EXECUTIVE CHAIR traded Synopsys, Inc shares for $444.42 each. Upon closing the transaction, the insider’s holdings decreased to 15,705 shares, worth approximately $56.26 million.
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 surge of approximately 5.98%. Over the course of the year, Synopsys, Inc shares have dropped approximately -0.65%. Shares of the company reached a 52-week high of $556.31 on 01/23/25 and a 52-week low of $365.74 on 04/07/25.
Support And Resistance Levels for Synopsys, Inc (SNPS)
According to the 24-hour chart, there is a support level at 473.16, which, if violated, would cause prices to drop to 464.13. In the upper region, resistance lies at 490.95. The next price resistance is at 499.71. RSI (Relative Strength Index) is 52.12 on the 14-day chart, showing neutral technical sentiment.
