Vanguard Maintains 8.4% Stake in Synopsys (SNPS)

TL;DR

**Vanguard still owns 8.4% of Synopsys, showing long-term confidence.**

AI Summary

The Vanguard Group, a major investment firm, has updated its ownership stake in Synopsys Inc. (SNPS) as of December 29, 2023. This amendment (SC 13G/A) shows Vanguard now beneficially owns 12,987,838 shares of Synopsys common stock, representing 8.4% of the company. While Vanguard holds no sole voting power, it has shared voting power over 203,096 shares and sole dispositive power over 12,784,742 shares. This matters to investors because Vanguard is a passive institutional investor, and its continued significant stake indicates a long-term, stable belief in Synopsys's value, which can reassure current and potential shareholders.

Why It Matters

Vanguard's continued significant ownership signals institutional confidence in Synopsys, which can be a positive indicator for other investors considering the stock.

Risk Assessment

Risk Level: low — This filing indicates a stable, passive institutional ownership, which generally reduces volatility and risk.

Analyst Insight

This filing confirms Vanguard's continued, stable, passive investment in Synopsys. Investors should view this as a baseline institutional holding and focus on Synopsys's operational performance and market trends for investment decisions, rather than expecting major shifts from this ownership update.

Key Numbers

• 12,987,838 — Total Shares Beneficially Owned (Represents Vanguard's total stake in Synopsys common stock.)
• 8.4% — Percentage of Class (Indicates Vanguard's significant ownership proportion of Synopsys.)
• 203,096 — Shared Voting Power (The number of shares Vanguard can vote in conjunction with others.)
• 12,784,742 — Sole Dispositive Power (The number of shares Vanguard can decide to sell or hold independently.)

Key Players & Entities

• The Vanguard Group (company) — reporting person and major institutional investor
• Synopsys Inc. (company) — the issuer of the securities
• December 29, 2023 (date) — date of event requiring the filing
• 8.4% (dollar_amount) — percentage of Synopsys common stock beneficially owned by Vanguard
• 12,987,838 (dollar_amount) — total shares beneficially owned by Vanguard
• 203,096 (dollar_amount) — shares with shared voting power
• 12,784,742 (dollar_amount) — shares with sole dispositive power

Forward-Looking Statements

• Vanguard will maintain a significant, passive stake in Synopsys for the foreseeable future. (The Vanguard Group) — high confidence, target: Next 12-24 months
• Synopsys's stock price will likely not experience significant volatility directly due to this filing. (Synopsys Inc.) — high confidence, target: Next 1-3 months

FAQ

Filing Documents

• tv02029-synopsysinc.htm (SC 13G/A) — 11KB
• 0001104659-24-022052.txt ( ) — 13KB

(a) - Name of Issuer

Item 1(a) - Name of Issuer: Synopsys Inc

(b) - Address of Issuer's Principal Executive Offices

Item 1(b) - Address of Issuer's Principal Executive Offices: 675 Almanor Avenue Sunnyvale, CA 94085

(a) - Name of Person Filing

Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930

(b) – Address of Principal Business Office or, if none, residence

Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355

(c) – Citizenship

Item 2(c) – Citizenship: Pennsylvania

(d) - Title of Class of Securities

Item 2(d) - Title of Class of Securities: Common Stock

(e) - CUSIP Number

Item 2(e) - CUSIP Number 871607107

- Type of Filing

Item 3 - Type of Filing: This statement is being filed pursuant to Rule 13d-1. An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E).

- Ownership

Item 4 - Ownership: (a) Amount Beneficially Owned: (b) Percent of Class: (c) Number of shares as to which such person has: (i) sole power to vote or direct to vote: (ii) shared power to vote or direct to vote: (iii) sole power to dispose of or to direct the disposition of: (iv) shared power to dispose or to direct the disposition of: Comments: The responses to questions 5 through 9 and 11 on the cover page(s) are incorporated by reference into this Item 4.

- Ownership of Five Percent or Less of a Class

Item 5 - Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following

- Ownership of More Than Five Percent on Behalf of Another Person

Item 6 - Ownership of More Than Five Percent on Behalf of Another Person: The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. No one other person's interest in the securities reported herein is more than 5%. Item 7 - Identification and Classification of the Subsidiary Which Acquired The Security Being Reported on by the Parent Holding Company: Not applicable

- Identification and Classification of Members of Group

Item 8 - Identification and Classification of Members of Group: Not applicable

- Notice of Dissolution of Group

Item 9 - Notice of Dissolution of Group: Not applicable

- Certification

Item 10 - Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 13, 2024 By /s/ Ashley Grim Name: Ashley Grim Title: Head of Global Fund Administration