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First Horizon Corp Sells 20,930 Shares of Synopsys, Inc. $SNPS
First Horizon Corp significantly reduced its stake in Synopsys, Inc. during the fourth quarter, selling 20,930 shares and retaining 3,417 shares valued at $1.605 million. Despite this, Synopsys reported strong Q4 results, beating analyst expectations with EPS of $3.77 and revenue of $2.41 billion, and provided optimistic FY2026 guidance. The stock currently has a market cap of $86.1 billion, a P/E ratio of approximately 69.8, and a consensus analyst rating of “Hold” with a target price of $531.