Synovus Financial Corp Sells 8,629 Shares of Synopsys, Inc. $SNPS

NodeGuardian · 2026-03-04T15:33:35+00:00

Synovus Financial Corp cut its Synopsys stake by 85.2%, retaining 1,493 shares valued at $737,000, despite Synopsys reporting strong earnings and revenue growth. Institutional activity is mixed, with NVIDIA increasing its stake while some insiders sold shares.

NodeGuardian

2026-03-04 15:33:35

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Synovus Financial Corp significantly reduced its stake in Synopsys, Inc. by 85.2% in the third quarter, selling 8,629 shares and retaining 1,493 shares valued at approximately $737,000. This move comes as Synopsys reported strong quarterly earnings, beating EPS estimates and showing a 37.8% year-over-year revenue increase. Institutional activity in Synopsys is mixed, with NVIDIA acquiring a substantial stake, but some insiders selling shares.

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