Synaptics Inc. (NASDAQ:SYNA)’s share price traded up 3.7% during trading on Monday . The company traded as high as $52.96 and last traded at $52.22, with a volume of 400,265 shares traded. The stock had previously closed at $50.38.

A number of equities analysts have commented on the stock. Mizuho reaffirmed a “hold” rating on shares of Synaptics in a research note on Saturday, June 18th. Needham & Company LLC reaffirmed a “buy” rating on shares of Synaptics in a research note on Friday, April 29th. KeyCorp reaffirmed a “hold” rating on shares of Synaptics in a research note on Wednesday, July 6th. Zacks Investment Research downgraded shares of Synaptics from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 5th. Finally, Craig Hallum reaffirmed a “buy” rating and set a $85.00 target price (down from $90.00) on shares of Synaptics in a research note on Friday, April 29th. Ten research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $80.38.

The firm’s 50-day moving average price is $57.00 and its 200 day moving average price is $70.75. The firm has a market capitalization of $1.94 billion and a PE ratio of 18.20.

Synaptics (NASDAQ:SYNA) last issued its quarterly earnings data on Thursday, April 28th. The company reported $1.21 EPS for the quarter, missing the Zacks’ consensus estimate of $1.51 by $0.30. During the same quarter last year, the firm posted $1.65 earnings per share. The company had revenue of $402.50 million for the quarter, compared to analysts’ expectations of $450.69 million. The company’s revenue was down 15.7% compared to the same quarter last year. On average, equities analysts expect that Synaptics Inc. will post $4.77 EPS for the current fiscal year.

In other Synaptics news, CEO Rick Bergman sold 10,000 shares of the company’s stock in a transaction dated Wednesday, June 1st. The shares were sold at an average price of $67.11, for a total value of $671,100.00. Following the transaction, the chief executive officer now directly owns 82,491 shares in the company, valued at approximately $5,535,971.01. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Other hedge funds and institutional investors have recently added to or reduced their stakes in the company. State of Tennessee Treasury Department raised its position in Synaptics by 19.4% in the fourth quarter. State of Tennessee Treasury Department now owns 1,039,996 shares of the company’s stock worth $83,553,000 after buying an additional 169,312 shares during the period. Dimensional Fund Advisors LP raised its position in Synaptics by 4.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 788,630 shares of the company’s stock worth $63,360,000 after buying an additional 30,925 shares during the period. Hodges Capital Management Inc. raised its position in Synaptics by 0.4% in the fourth quarter. Hodges Capital Management Inc. now owns 312,733 shares of the company’s stock worth $25,125,000 after buying an additional 1,383 shares during the period. Morgan Stanley raised its position in Synaptics by 1.1% in the fourth quarter. Morgan Stanley now owns 171,321 shares of the company’s stock worth $13,764,000 after buying an additional 1,910 shares during the period. Finally, Russell Frank Co raised its position in Synaptics by 11.0% in the fourth quarter. Russell Frank Co now owns 130,319 shares of the company’s stock worth $10,600,000 after buying an additional 12,917 shares during the period.

Synaptics Incorporated developer and supplier of custom-designed human interface solutions that enable people to interact more easily and intuitively with a wide variety of mobile computing, communications, entertainment, and other electronic devices. The portfolio includes Display Driver ICs (DDICs) which drive high-performance displays for smartphones and tablets.

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