Chief Accounting Officer of company $SNPS sells 6,000 shares in insider sale

Sudhindra Kankanwadi, the Chief Accounting Officer of $SNPS, recently divested 6,000 shares of the company on 09-19-2025, fetching an estimated $2,892,000. According to a recent SEC filing, this sale represented approximately 22.6% of their holdings in this category of stock, leaving them with 20,520 shares of this class of $SNPS stock.

Over the past six months, $SNPS insiders have engaged in 12 transactions involving $SNPS stock. Among these transactions, one involved a purchase, while the remaining 11 were sales. Here is a breakdown of recent insider trading activity regarding $SNPS stock:

– SASSINE GHAZI (PRESIDENT AND CEO) conducted no purchases but executed 2 sales, offloading 22,732 shares for an estimated $11,899,510.
– SUDHINDRA KANKANWADI (Chief Accounting Officer) did not make any purchases but engaged in 2 sales, selling 15,873 shares for roughly $7,837,408.
– SHELAGH GLASER (CFO) made no purchases but conducted 4 sales, disposing of 10,965 shares for around $5,779,318.
– RICHARD S. MAHONEY (Chief Revenue Officer) did not make any purchases either but carried out 3 sales, selling 9,010 shares for an estimated $4,245,645.
– ROBERT G PAINTER purchased 350 shares for approximately $148,903.

Tracking insider transactions can be easily done through Quiver Quantitative’s insider trading dashboard.

In terms of $SNPS hedge fund activity, 706 institutional investors increased their holdings of $SNPS stock, while 652 decreased their positions in the most recent quarter. Notable recent moves in hedge fund activity include ARISTOTLE CAPITAL MANAGEMENT, LLC adding 1,315,763 shares (+500.6%) to their portfolio in Q2 2025, amounting to an estimated $674,565,374. Conversely, GAMMA INVESTING LLC removed 1,193,199 shares (-99.7%) from their portfolio in the same quarter, totaling an estimated $611,729,263.

Moreover, $SNPS stock has seen congressional trading activity, with members of Congress engaging in 5 trades over the past 6 months – including 2 purchases and 3 sales. Notable congressional figures like REPRESENTATIVE LISA C. MCCLAIN and REPRESENTATIVE JEFFERSON SHREVE have executed trades involving $SNPS stock. Tracking congressional stock trading can be managed through Quiver Quantitative’s congressional trading dashboard.

Stay informed about $SNPS stock by checking out analyst ratings and price targets. Wall Street analysts have issued various reports on $SNPS, with 8 firms assigning buy ratings and 1 firm issuing sell ratings. Noteworthy recent analyst ratings include Mizuho issuing an “Outperform” rating and Morgan Stanley issuing an “Overweight” rating. Additionally, multiple analysts have offered price targets for $SNPS, with a median target of $570.0. Analysts like Siti Panigrahi from Mizuho and Lee Simpson from Morgan Stanley have set target prices of $600.0 and $510.0, respectively.

In conclusion, it’s important to note that this article does not constitute financial advice, and readers are encouraged to refer to Quiver Quantitative’s disclaimers for more information.