Days-to-cover ratio for SNPS surges to 3.4 due to rise in short interest

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Synopsys, Inc shares valued at $4,245,645 were sold by MAHONEY RICHARD S. on Jun 18 ’25. At $471.21 per share, MAHONEY RICHARD S. sold 9,010 shares. The insider’s holdings dropped to 1,485 shares worth approximately $0.74 million following the completion of this transaction.

Also, RICHARD S. MAHONEY purchased 9,010 shares, netting a total of over 4,245,645 in proceeds.

Before that, MARC CASPER had added 3,397 shares to its account. In a trade valued at $1,688,780, the Director bought Synopsys, Inc shares for $497.14 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

On last trading session,, Synopsys, Inc [NASDAQ: SNPS] rose 1.73% to $495.7. The stock’s lowest price that day was $486.055, but it reached a high of $495.96 in the same session. During the last five days, there has been a surge of approximately 4.66%. Over the course of the year, Synopsys, Inc shares have dropped approximately -16.77%. 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 488.93, which, if violated, would cause prices to drop to 482.17. In the upper region, resistance lies at 499.59. The next price resistance is at 503.48. RSI (Relative Strength Index) is 57.94 on the 14-day chart, showing neutral technical sentiment.

Is Synopsys, Inc subject to short interest?

Stocks of Synopsys, Inc saw a sharp rise in short interest on 2025-06-13 jumping by 13966.0 shares to 4.9 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 4.89 million shares. A jump of 0.28% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.4 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.4.

Which companies own the most shares of Synopsys, Inc (SNPS)?

In terms of Synopsys, Inc share price expectations, FactSet research, analysts set an average price target of 545 in the next 12 months, up nearly 11.85% from the previous closing price of $487.27. Analysts anticipate Synopsys, Inc stock to reach 550 by 2025, with the lowest price target being 540. In spite of this, 13 analysts ranked Synopsys, Inc stock as Buy at the end of 2025. On October 15, 2024, Berenberg assigned a price target of “a Buy” to the stock and initiated coverage with a $660.

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