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Orion Porfolio Solutions LLC Increases Holdings in Synopsys, Inc. $SNPS
Orion Portfolio Solutions LLC significantly increased its stake in Synopsys (NASDAQ:SNPS) by 16.3% during Q3, now holding 29,903 shares valued at approximately $14.75 million. This aligns with a broader trend of institutional investors, who collectively own 85.47% of the company, increasing their positions. Despite recent insider selling, Synopsys recently surpassed earnings and revenue estimates and provided positive FY2026 guidance, while analysts maintain a “Hold” rating with a $531 target price.