NEOS Investment Management LLC Buys 17,443 Shares of Synopsys, Inc. $SNPS

NEOS Investment Management LLC increased its stake in Synopsys, Inc. (NASDAQ:SNPS) by 13.7% in the second quarter, now holding 144,623 shares valued at $64.5 million. This comes as Synopsys exceeded quarterly expectations with strong EPS and revenue growth, despite insiders selling over 92,000 shares. Analyst sentiment for Synopsys remains positive, with a "Moderate Buy" consensus rating and an average price target of $561.28.