Nvidia among investors in xAI’s $20 bln capital raise- Bloomberg
Synopsys (NASDAQ:SNPS) President and CEO Ghazi Sassine sold 11,366 shares of common stock on September 2, 2025, at an average price of $589.0133, for a total of $6.69 million. The sales were executed in multiple transactions with prices ranging from $585.19 to $591.265. The transaction comes as Synopsys, with its impressive $109.4 billion market cap and industry-leading 81.4% gross profit margins, continues to demonstrate strong financial performance. According to InvestingPro analysis, the stock is currently trading slightly above its Fair Value.
On the same day, Ghazi Sassine also exercised options to acquire 11,366 shares of Synopsys common stock at a price of $89.76, for a total value of $1.02 million.
Additionally, on August 29, 2025, Sassine acquired 26 shares of common stock under the Synopsys, Inc Employee Stock Purchase Plan at $376.771, for a total of $9796.
In other recent news, Synopsys has completed its acquisition of Ansys, creating a combined entity with a $10 billion run-rate. This merger aims to expand Synopsys’ engineering solutions, integrating Ansys’ simulation and analysis capabilities with Synopsys’ expertise in silicon design. The company is now positioned to compete in an expanded $31 billion total addressable market. Additionally, Synopsys has announced expanded generative AI capabilities for its semiconductor design solutions through Synopsys.ai Copilot, which has shown significant productivity gains in early trials.
In anticipation of Synopsys’ upcoming third-quarter earnings report, KeyBanc has raised its price target for the company to $660, maintaining an Overweight rating. Piper Sandler has also increased its price target to $660, following the Ansys acquisition. Meanwhile, Goldman Sachs has reiterated its Buy rating with a price target of $700, although it cautions about potential volatility related to the Ansys integration. These developments reflect ongoing investor interest and analyst confidence in Synopsys’ growth trajectory.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.