The Signals are Green Now for Synopsys, Inc. (SNPS) and JPMorgan Chase & Co. (JPM)

On Sep 15, Kankanwadi Sudhindra, VP and Corporate Controller exercised an option 410 shares of Synopsys, Inc. (NASDAQ:SNPS), with the average selling price of the stock being $0.00 per share. The total amount realized from this exercised an option $0. A document was filed with the Securities and Exchange Commission to notify the public about the exercised an option of the shares.

In addition to that, VP and Corporate Controller – Kankanwadi Sudhindra exercised an option an extra 8,011 shares of this stock in a transaction that took place a day before, on Sep 05, with a share exercised an option at an average of $45.38 and a total of $363,572 was realized from this transaction. After the transaction, the VP and Corporate Controller – Kankanwadi Sudhindra was left with 13,663 shares of the company’s stock, which is currently worth around $620026.94.

The recent price movement of SNPS means that it is now down by -9.10% from its 52-week high and 68.45% up against its 52-week low prices. Over the past one week, the price volatility of SNPS stands at 2.64% while the volatility over the past one month is 2.63%. The beta score for this stock is 1.21. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 08/21/2019 published its latest quarterly earnings, with the report showing that the company recorded 0.78 earnings per share (EPS) during that period. This report was met the expectations of analysts of 0.78 by 0. The revenue by the firm was 847.33M for the quarter.

The shares of Synopsys, Inc. (SNPS) dropped by -1.97%, leading to a loss of -$2.68 per share, and saw SNPS end the trading session at $133.31 on Wednesday 10/02/19. SNPS started the trading session at $134.90, before reaching a daily high of $135.35. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $131.59.

The trading volume on Wednesday stood at 1,066,105, which was below the stock’s 3-month average volume of 1.02 million shares, out of a total 149.32M shares. As the price of the stock dipped, the market valuation of the company dropped to 20.70 billion.

The shares of JPMorgan Chase & Co. (NYSE:JPM) went down by -1.99% by the end of the recent trading session. This movement saw its price plunge to close at $113.25, which was lower than the previous closing price of $115.55. Over the past one week, the price of JPM has slipped by -4.03%, while it has recorded a gain of 4.32% over the past one month. Its three-month performance saw JPM gain 0.38% while its six-month performance saw it surge by 7.50%. The situation is different though over the past one year, as the stock price went down by -0.22%, while its year-to-date (YTD) price performance jumped by 16.01%.

Several brokerage firms sent out their reports JPM stock not long ago. In its report sent out on Sep-16-19, Buckingham Research lowered its ratings on JPM from a Buy to a Neutral. In an earlier report on Jan-08-19, Jefferies Downgrade the stock from a Buy to a Hold. Barclays meanwhile in its report on Jan-02-19 Reiterated its rating of the stock to “Overweight”.

In related news to the company’s stock, around 74.80% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 2702 institutions currently hold the JPM stock. In the last quarter, a 2,367,636,165 JPM shares were in the possession of institutions. On the other hand, the company recorded 136 new institutions who bought it their stock, while 73 institutions sold their entire JPM reserve. Of the current institutions investing in the stock, 1,302 increased their investment while 1,117 decreased their investment in the stock.