Synaptics (NASDAQ:SYNA) Insider Lisa Bodensteiner Sells 336 Shares

Synaptics Incorporated (NASDAQ:SYNAGet Free Report) insider Lisa Bodensteiner sold 336 shares of the stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $75.83, for a total value of $25,478.88. Following the transaction, the insider directly owned 74,425 shares of the company’s stock, valued at approximately $5,643,647.75. This trade represents a 0.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Lisa Bodensteiner also recently made the following trade(s):

  • On Tuesday, December 9th, Lisa Bodensteiner sold 7,182 shares of Synaptics stock. The stock was sold at an average price of $78.68, for a total value of $565,079.76.

Synaptics Stock Performance

Shares of SYNA traded down $0.18 during trading hours on Thursday, hitting $73.66. The company’s stock had a trading volume of 620,496 shares, compared to its average volume of 491,383. Synaptics Incorporated has a 52-week low of $41.80 and a 52-week high of $89.81. The company has a market cap of $2.87 billion, a price-to-earnings ratio of -63.50, a PEG ratio of 3.09 and a beta of 1.76. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.86 and a quick ratio of 2.31. The business has a 50 day simple moving average of $69.88 and a two-hundred day simple moving average of $68.03.

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

Hedge Funds Weigh In On Synaptics

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Quarry LP raised its stake in shares of Synaptics by 220.0% in the first quarter. Quarry LP now owns 528 shares of the software maker’s stock worth $34,000 after purchasing an additional 363 shares during the last quarter. Fifth Third Bancorp boosted its holdings in shares of Synaptics by 443.1% during the 2nd quarter. Fifth Third Bancorp now owns 630 shares of the software maker’s stock valued at $41,000 after acquiring an additional 514 shares during the last quarter. Hantz Financial Services Inc. grew its stake in shares of Synaptics by 143.9% in the third quarter. Hantz Financial Services Inc. now owns 595 shares of the software maker’s stock worth $41,000 after acquiring an additional 351 shares during the period. 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 period. Finally, Signaturefd LLC boosted its holdings in Synaptics by 480.3% in the second quarter. Signaturefd LLC now owns 708 shares of the software maker’s stock worth $46,000 after purchasing an additional 586 shares during the last quarter. 99.43% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on SYNA shares. Wall Street Zen raised Synaptics from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. TD Cowen upped their price objective on shares of Synaptics from $80.00 to $90.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Synaptics in a report on Thursday, September 11th. They set a “buy” rating and a $85.00 target price for the company. Rosenblatt Securities reiterated a “buy” rating and issued a $95.00 price objective on shares of Synaptics in a report on Tuesday, November 11th. Finally, Oppenheimer restated a “market perform” rating on shares of Synaptics in a report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $87.88.

View Our Latest Stock Report on SYNA

Synaptics Company Profile

(Get Free Report)

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.

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