Park Avenue Securities cuts Synopsys stake by 31% amid mixed analyst ratings and solid earnings.

Park Avenue Securities LLC sold 4,250 shares of Synopsys, reducing its holdings by 31% to 9,452 shares worth $4.44 million. Despite this, major investors like Vanguard and State Street increased their stakes significantly. Synopsys recently reported strong quarterly earnings beating estimates, with revenue up 65.6% year-over-year. Analysts remain mixed, with a consensus 'Hold' rating and price targets ranging from $450 to $580. The company projects steady earnings growth for 2026, maintaining investor interest amid fluctuating stock prices.