NEOS Investment Management LLC significantly increased its stake in Synopsys, Inc. (NASDAQ:SNPS) by 105.3% in the third quarter, acquiring an additional 39,353 shares. The firm now holds 76,713 shares of the semiconductor company, valued at approximately $37.85 million. Other hedge funds have also adjusted their positions, and Synopsys reported strong Q4 earnings, beating analyst estimates with revenue up 37.8% year-over-year.
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NEOS Investment Management LLC Buys 39,353 Shares of Synopsys, Inc. $SNPS
NEOS Investment Management LLC significantly increased its stake in Synopsys, Inc. (NASDAQ:SNPS) by 105.3% in the third quarter, acquiring an additional 39,353 shares. The firm now holds 76,713 shares of the semiconductor company, valued at approximately $37.85 million. Other hedge funds have also adjusted their positions, and Synopsys reported strong Q4 earnings, beating analyst estimates with revenue up 37.8% year-over-year.