ARK Invest Expands Portfolio with New Positions in Velo3D and Synopsys
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: seekingalpha
- Portfolio Adjustment: ARK Invest has added a new position in Velo3D (VELO) to its ARK Autonomous Technology & Robotics ETF (ARKQ), indicating its ongoing strategy to optimize its investment portfolio and enhance exposure to emerging technologies.
- Semiconductor Software Increase: On January 20, 2026, ARK Invest added a new position in Synopsys (SNPS) to its $PRNT fund, highlighting its focus on the semiconductor software sector and further strengthening the fund's technology investment portfolio.
- Share Count and Value: ARK Invest acquired 6,608 shares of Synopsys (SNPS), representing 4.59% of the Autonomous Technology & Robotics ETF, with a transaction value of approximately $3.41 million, reflecting confidence in the company's growth potential.
- Market Reaction and Strategic Implications: This increase not only strengthens ARK Invest's market position in the semiconductor software sector but may also attract more investor attention to its funds, further solidifying its leadership in technology investments.
Analyst Views on SNPS
Wall Street analysts forecast SNPS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SNPS is 565.64 USD with a low forecast of 500.00 USD and a high forecast of 602.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
10 Buy
2 Hold
0 Sell
Strong Buy
Current: 516.310
Low
500.00
Averages
565.64
High
602.00
Current: 516.310
Low
500.00
Averages
565.64
High
602.00
About SNPS
Synopsys, Inc. is engaged in providing engineering solutions from silicon to systems, enabling customers to innovate artificial intelligence (AI)-powered products. It delivers silicon design, intellectual property (IP), simulation and analysis solutions, and design services. It supplies mission-critical electronic design automation (EDA) software that engineers use to design and test integrated circuits (ICs). Its Design Automation segment includes its advanced silicon design, verification products and services and system integration products. This segment also includes digital, custom and field programmable gate arrays, integrated circuit design software, verification software and hardware products, system integration products and services, and manufacturing software products. Its Design IP segment includes its interface, foundation, security, and embedded processor IP, IP subsystems, and IP implementation services that serve companies in the semiconductor and electronics industries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
