Today it was reported that the Chairman of the Board & Co-CEO of Synopsys (SNPS – Research Report), Geus Aart De, exercised options to sell 168,924 SNPS shares at $42.43 a share, for a total transaction value of $25.31M.
Following Geus Aart De’s last SNPS Sell transaction on May 28, 2019, the stock climbed by 28.1%. In addition to Geus Aart De, 3 other SNPS executives reported Sell trades in the last month.
Based on Synopsys’ latest earnings report for the quarter ending January 31, the company posted quarterly revenue of $834 million and quarterly net profit of $104 million. In comparison, last year the company earned revenue of $820 million and had a net profit of $154 million. The company has a one-year high of $166.87 and a one-year low of $100.65. SNPS’s market cap is $21.92B and the company has a P/E ratio of 46.57.
The insider sentiment on Synopsys has been negative according to 57 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Synopsys, Inc. engages in the provision of software products and consulting services in the electronic design automation industry. The firm operates through the following segments: Semiconductor and System Design, and Software Integrity.