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Swedbank AB Lowers Position in Synopsys, Inc. $SNPS
Swedbank AB reduced its stake in Synopsys, Inc. by 28.6% in the fourth quarter, selling 429,089 shares and now owning 1,073,166 shares worth $504,088,000. Other institutional investors increased their positions in Synopsys, and hedge funds collectively own 85.47% of the company’s stock. Synopsys recently reported strong quarterly earnings, beating analyst estimates, and provided positive FY 2026 and Q2 2026 guidance, though some analysts have downgraded their ratings and lowered price targets.