SEC Form SC 13G/A filed

2/16/21 12:23:39 PM ET

Computer Software: Prepackaged Software

Technology

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SC 13G/A 1 snps13gadec20.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2) SYNOPSYS INC (Name of Issuer) COMMON STOCK (Title of Class of Securities) 871607107 (CUSIP NUMBER) December 31, 2020 (Date of Event which Requires Filing of Statement) Check the appropriate box to designate the Rule pursuant to which this Schedule is filed: [x] Rule 13d - 1(b) Rule 13d - 1(c) Rule 13d - 1(d) 1. Name of Reporting Person T. ROWE PRICE ASSOCIATES, INC. 52-0556948 2. Check the Appropriate Box if a Member of a Group NOT APPLICABLE 3. SEC Use Only 4. Citizenship or Place of Organization Maryland Number of Shares Beneficially Owned by Each Reporting Person With 5. Sole Voting Power* 3,965,666 6. Shared Voting Power* 0 7. Sole Dispositive Power* 10,575,131 8. Shared Dispositive Power 0 9. Aggregate Amount Beneficially Owned by Each Reporting Person 10,575,131 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares NOT APPLICABLE 11. Percent of Class Represented by Amount in Row 9 6.9% 12. Type of Reporting Person IA *Any shares reported in Items 5 and 6 are also reported in Item 7. Item 1(a) Name of Issuer: SYNOPSYS INC Item 1(b) Address of Issuer's Principal Executive Offices: 690 E MIDDLEFIELD RD, MOUNTAIN VIEW, CALIFORNIA 94043 Item 2(a) Name of Person(s) Filing: (1) T. ROWE PRICE ASSOCIATES, INC. ("Price Associates") Item 2(b) Address of Principal Business Office: 100 E. Pratt Street, Baltimore, MD 21202 Item 2(c) Citizenship or Place of Organization: (1) Maryland Item 2(d) Title of Class of Securities: COMMON STOCK Item 2(e) Cusip Number: 871607107 Item 3: The person filing this Schedule 13G is an: X Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940 Item 4: Reference is made to Items 5-11 on the preceding pages of this Schedule 13G. Item 5: Ownership of Five Percent or Less of a Class Not Applicable Item 6: Ownership of More than Five Percent on Behalf of Another Person (1) Price Associates does not serve as custodian of the assets of any of its clients; accordingly, in each instance only the client or the client's custodian or trustee bank has the right to receive dividends paid with respect to, and proceeds from the sale of, such securities. The ultimate power to direct the receipt of dividends paid with respect to, and the proceeds from the sale of, such securities, is vested in the individual and institutional clients which Price Associates serves as investment adviser. Any and all discretionary authority which has been delegated to Price Associates may be revoked in whole or in part at any time. Except as may be indicated if this is a joint filing with one of the registered investment companies sponsored by Price Associates which it also serves as investment adviser ("T. Rowe Price Funds"), not more than 5% of the class of such securities is owned by any one client subject to the investment advice of Price Associates. (2) With respect to securities owned by any one of the T. Rowe Price Funds, only the custodian for each of such Funds, has the right to receive dividends paid with respect to, and proceeds from the sale of, such securities. No other person is known to have such right, except that the shareholders of each such Fund participate proportionately in any dividends and distributions so paid. Item 7: Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not Applicable Item 8: Identification and Classification of Members of the Group Not Applicable Item 9: Notice of Dissolution of Group Not Applicable Item 10: Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. T. Rowe Price Associates, Inc. hereby declares and affirms that the filing of Schedule 13G shall not be construed as an admission that Price Associates is the beneficial owner of the securities referred to, which beneficial ownership is expressly denied. Signature. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. T. ROWE PRICE ASSOCIATES, INC. Date: February 16, 2021 Signature: /s/ David Oestreicher Name & Title: David Oestreicher, Executive Vice President 12/31/2020

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Recent Analyst Ratings for

$SNPS

Date	Price Target	Rating	Analyst
2/27/2026	$480.00	Overweight → Equal-Weight	Morgan Stanley
2/20/2026	$455.00	Buy → Hold	HSBC Securities
1/13/2026	$520.00	Overweight → Neutral	Piper Sandler
12/11/2025	$560.00	Neutral → Buy	BofA Securities
12/9/2025	$560.00	Neutral → Buy	Rosenblatt
12/8/2025	$500.00	Underperform → Neutral	BofA Securities
11/24/2025	$580.00	Buy	Citigroup
9/10/2025	$605.00	Buy → Neutral	Rosenblatt

More analyst ratings

SEC Form SC 13G/A filed

2/16/21 12:23:39 PM ET

$SNPS

Computer Software: Prepackaged Software

Technology

Get the next $SNPS alert in real time by email

Recent Analyst Ratings for

$SNPS

Date	Price Target	Rating	Analyst
2/27/2026	$480.00	Overweight → Equal-Weight	Morgan Stanley
2/20/2026	$455.00	Buy → Hold	HSBC Securities
1/13/2026	$520.00	Overweight → Neutral	Piper Sandler
12/11/2025	$560.00	Neutral → Buy	BofA Securities
12/9/2025	$560.00	Neutral → Buy	Rosenblatt
12/8/2025	$500.00	Underperform → Neutral	BofA Securities
11/24/2025	$580.00	Buy	Citigroup
9/10/2025	$605.00	Buy → Neutral	Rosenblatt

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SEC Form SC 13G/A filed

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Insider Trading

GC & Corporate Secretary Lee Janet covered exercise/tax liability with 304 shares and converted options into 699 shares, increasing direct ownership by 3% to 15,277 units (SEC Form 4) (tax withholding)

Director Cohn Jesse was granted 1,082 shares (SEC Form 4)

SEC Form 3 filed by new insider Cohn Jesse

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SEC Filings

SEC Form SD filed by Synopsys Inc.

SEC Form 10-Q filed by Synopsys Inc.

Synopsys Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Leadership Update, Regulation FD Disclosure

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Analyst Ratings

Synopsys downgraded by Morgan Stanley with a new price target

Synopsys downgraded by HSBC Securities with a new price target

Synopsys downgraded by Piper Sandler with a new price target

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Press Releases

Synopsys Advances Power and Performance for AI and Multi-Die Designs on Latest Samsung Foundry Processes at SAFE Forum 2026

Synopsys Appoints Jesse Cohn to Board of Directors

Synopsys Posts Financial Results for Second Quarter Fiscal Year 2026

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Insider Purchases

Director Painter Robert G bought $148,904 worth of shares (350 units at $425.44), increasing direct ownership by 18% to 2,291 units (SEC Form 4)

Casper Marc N bought $439,087 worth of shares (750 units at $585.45), increasing direct ownership by 76% to 1,736 units (SEC Form 4)

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Leadership Updates

Synopsys Appoints Jesse Cohn to Board of Directors

Synopsys Appoints Former Deloitte Executive Peter Shimer to Board of Directors and Announces Board Transitions

Edgewater Wireless Issues 2026 Corporate Update

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Financials

Synopsys Posts Financial Results for Second Quarter Fiscal Year 2026

Synopsys Announces Earnings Release Date for Second Quarter Fiscal Year 2026

Synopsys Posts Financial Results for First Quarter Fiscal Year 2026

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Large Ownership Changes