Grove Bank & Trust cuts Synopsys shares by 66.4% amid mixed analyst ratings and strong quarterly earnings.

Grove Bank & Trust reduced its holdings in Synopsys, Inc. by 66.4% in Q4, selling 1,616 shares and retaining 819 shares valued at $385,000. Despite this, Synopsys reported strong Q4 earnings with $3.77 EPS beating estimates and revenue growth of 65.6% year-over-year. Analyst opinions are mixed, with price targets ranging from $430 to $600 and a consensus 'Hold' rating. Synopsys projects FY 2026 EPS between 14.38 and 14.46, maintaining a positive outlook amid active institutional trading and insider selling.