Synopsys Inc (SNPS): Chi-foon Chan , Co-CEO & President of Synopsys Inc sold 2,000 shares on May 20, 2016. The Insider selling transaction was reported by the company on May 20, 2016 to the Securities and Exchange Commission. The shares were sold at $49.65 per share for a total value of $99,305.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Mar 21, 2016, Chi-foon Chan (Co-CEO & President) sold 35,000 shares at $47.52 per share price.On Oct 9, 2015, Joseph W Logan (EVP, Sales & Corp Marketing) sold 3,674 shares at $47.61 per share price.Also, On Jul 7, 2015, Steven Walske (director) sold 6,709 shares at $49.77 per share price.On Jun 18, 2015, Esfandiar Naddaf (VP, Controller) sold 7,923 shares at $50.00 per share price.
Synopsys: On Thursday, May 19, 2016 heightened volatility was witnessed in Synopsys which led to swings in the share price. The shares opened for trading at $49.19 and hit $49.43 on the upside , eventually ending the session at $48.74, with a gain of 0.79% or 0.38 points. The heightened volatility saw the trading volume jump to 12,56,320 shares. The 52-week high of the share price is $52.78 and the company has a market cap of $7,385 M . The 52-week low of the share price is at $39.26.
Synopsys Inc. provides software intellectual property (IP) and services. The Company supplies the electronic design automation (EDA) software that engineers use to design and test integrated circuits also known as chips. It also offers IP products which are pre-designed circuits that engineers use as components of larger chip designs rather than designing those circuits themselves. It provides software and hardware used to develop the electronic systems that incorporate chips and the software that runs on them. It provides technical services to support its solutions and help its customers develop chips and electronic systems. It is also a provider of software tools that developers use to develop software code in a range of industries including electronics financial services energy and industrials. It offers products and services in four categories: core EDA; IP Systems and Software Integrity; Manufacturing Solutions and Professional Services and Other.