Synopsys, Inc. is one of the suppliers of electronic design
automation software to the global electronics industry. Synopsys
Inc has a market cap of $4.18 billion; its shares were traded at
around $29.25 with a P/E ratio of 16.3 and P/S ratio of 2.7.
Synopsys Inc had an annual average earnings growth of 12.3% over
the past 10 years.
On June 7, 2012, Chairman of the Board & co-CEO of Synopsys
) Geus Aart De sold 95,302 shares at an average price of $29.46.
The total transaction amount is $2,807,597.
Geus Aart De co-founded Synopsys Inc in 1986, and has received
many honors including the Top 10 Most Influential Executives" in
2005, the IEEE Robert N. Noyce Medal and the Silicon Valley
Leadership Group (SVLG) "Spirit of the Valley" Lifetime
Achievement Award in 2007," and the GSA "Morris Chang Exemplary
Leadership Award" in 2009. In 2002, he was also Electronic
Business Magazine's "CEO of the Year".
In February, Gues Aart De has also sold 66,000 shares. CFO Brian
M. Beattie has sold 130,333 shares of SNPS stock in February,
March and May. Other director or officers, such as VP, controller
Esfandiar Naddaf and President and COO Chi-foon Chan, have also
sold many shares of SNPS stock.
Two Gurufocus gurus,
Dodge & Cox
, has kept their position in Synopsys Inc. unchanged or slightly
adjusted. As of March 31, Dodge & Cox owns 22,668,461 shares
owns 247,166 shares as of the first quarter of 2012. No gurus
have increased or reduced their amount of shares.
On May 23, 2012, Synopsys Inc. announced their financial results
for their 2012 second quarter fiscal year. The Company has
reported that revenue was $432.6 million, a 10% increase compared
to the $393.7 million for the 2011 second quarter fiscal. Net
income for this quarter was $21.0 million, or $0.14 per share.
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