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Riverbridge Partners LLC Sells 13,394 Shares of Synopsys, Inc. $SNPS
Riverbridge Partners LLC reduced its holdings in Synopsys, Inc. by 24.8% during the fourth quarter, selling 13,394 shares and retaining 40,687 shares valued at $19.11 million. Despite this, institutional ownership of Synopsys remains high at 85.47%, with major increases from Vanguard, State Street, and others. Synopsys surpassed Q4 earnings estimates with $3.77 EPS and $2.41 billion in revenue, providing optimistic FY2026 and Q2 guidance, while analysts hold a consensus “Hold” rating with an average price target of $531.00.