Lisa Bodensteiner Sells 7,182 Shares of Synaptics (NASDAQ:SYNA) Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Lisa Bodensteiner sold 7,182 shares of the firm’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $78.68, for a total value of $565,079.76. Following the completion of the transaction, the insider directly owned 75,542 shares in the company, valued at $5,943,644.56. This trade represents a 8.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Synaptics Trading Down 0.9%

Shares of NASDAQ:SYNA opened at $80.53 on Friday. The stock has a 50 day moving average of $69.17 and a 200 day moving average of $67.49. The company has a market cap of $3.14 billion, a PE ratio of -69.42, a price-to-earnings-growth ratio of 3.41 and a beta of 1.76. Synaptics Incorporated has a 12-month low of $41.80 and a 12-month high of $89.81. The company has a current ratio of 2.86, a quick ratio of 2.31 and a debt-to-equity ratio of 0.60.

Synaptics (NASDAQ:SYNA) last issued its quarterly earnings results on Thursday, November 6th. The software maker reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.03. The business had revenue of $292.50 million for the quarter, compared to the consensus estimate of $289.93 million. Synaptics had a negative net margin of 4.08% and a positive return on equity of 4.35%. The company’s revenue for the quarter was up 13.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.81 earnings per share. Synaptics has set its Q2 2026 guidance at 1.000-1.300 EPS. As a group, equities research analysts expect that Synaptics Incorporated will post 0.96 EPS for the current year.

Institutional Trading of Synaptics

A number of large investors have recently added to or reduced their stakes in SYNA. Quarry LP raised its holdings in shares of Synaptics by 220.0% during the 1st quarter. Quarry LP now owns 528 shares of the software maker’s stock worth $34,000 after acquiring an additional 363 shares in the last quarter. Fifth Third Bancorp increased its position in Synaptics by 443.1% in the second quarter. Fifth Third Bancorp now owns 630 shares of the software maker’s stock worth $41,000 after purchasing an additional 514 shares during the last quarter. Hantz Financial Services Inc. raised its stake in Synaptics by 143.9% during the third quarter. Hantz Financial Services Inc. now owns 595 shares of the software maker’s stock valued at $41,000 after purchasing an additional 351 shares in the last quarter. Optiver Holding B.V. lifted its position in Synaptics by 40.2% during the third quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock valued at $41,000 after purchasing an additional 170 shares during the last quarter. Finally, Signaturefd LLC grew its stake in shares of Synaptics by 480.3% in the 2nd quarter. Signaturefd LLC now owns 708 shares of the software maker’s stock worth $46,000 after buying an additional 586 shares in the last quarter. Institutional investors own 99.43% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on SYNA shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Synaptics in a research note on Wednesday, October 8th. Northland Capmk raised Synaptics to a “strong-buy” rating in a research note on Tuesday, December 2nd. Deutsche Bank Aktiengesellschaft initiated coverage on Synaptics in a report on Thursday, September 11th. They issued a “buy” rating and a $85.00 price target on the stock. Barclays started coverage on shares of Synaptics in a report on Monday, August 18th. They set an “overweight” rating and a $78.00 price objective for the company. Finally, TD Cowen boosted their target price on shares of Synaptics from $80.00 to $90.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $87.88.

About Synaptics

Synaptics Incorporated develops, markets, and sells semiconductor products worldwide. The company offers AudioSmart for voice and audio processing; ConnectSmart for high-speed video/audio/data connectivity; DisplayLink for transmitting compressed video frames across low bandwidth connections; VideoSmart that enables set-top boxes, over-the-top, streaming devices, soundbars, surveillance cameras, and smart displays; and ImagingSmart solutions.