Synaptics (NASDAQ:SYNA) Shares Down 6.4% – Time to Sell?

Synaptics Incorporated (NASDAQ:SYNA)’s share price fell 6.4% during trading on Wednesday . The company traded as low as $81.31 and last traded at $81.35. 414,031 shares traded hands during trading, a decline of 41% from the average session volume of 701,213 shares. The stock had previously closed at $86.89.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on SYNA shares. Weiss Ratings reissued a “sell (d)” rating on shares of Synaptics in a research report on Wednesday, October 8th. Wells Fargo & Company initiated coverage on shares of Synaptics in a research note on Friday, December 19th. They issued an “overweight” rating and a $95.00 price objective on the stock. Zacks Research upgraded shares of Synaptics from a “strong sell” rating to a “hold” rating in a research report on Monday, September 15th. Northland Securities upped their price target on shares of Synaptics from $85.00 to $106.00 and gave the company an “outperform” rating in a report on Monday, December 29th. Finally, Wall Street Zen lowered Synaptics from a “buy” rating to a “hold” rating in a research note on Monday. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Synaptics presently has an average rating of “Moderate Buy” and an average price target of $91.00.

Synaptics Price Performance

The company has a current ratio of 2.86, a quick ratio of 2.31 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $3.19 billion, a price-to-earnings ratio of -70.44, a PEG ratio of 3.32 and a beta of 1.71. The stock has a 50-day moving average price of $71.46 and a 200 day moving average price of $69.25.

Synaptics (NASDAQ:SYNA) last released its quarterly earnings results on Thursday, November 6th. The software maker reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.06 by $0.03. Synaptics had a positive return on equity of 4.35% and a negative net margin of 4.08%.The company had revenue of $292.50 million during the quarter, compared to analysts’ expectations of $289.93 million. During the same quarter in the prior year, the firm posted $0.81 EPS. Synaptics’s quarterly revenue was up 13.5% compared to the same quarter last year. 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 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Lisa Bodensteiner sold 336 shares of Synaptics 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 sale, the insider 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Vikram Gupta sold 694 shares of the stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $75.00, for a total transaction of $52,050.00. Following the transaction, the insider directly owned 100,082 shares in the company, valued at approximately $7,506,150. The trade was a 0.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 8,906 shares of company stock worth $698,177 in the last three months. 0.50% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Synaptics

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC lifted its stake in shares of Synaptics by 21.9% in the fourth quarter. GAMMA Investing LLC now owns 1,414 shares of the software maker’s stock worth $105,000 after buying an additional 254 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Synaptics by 51.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 544,973 shares of the software maker’s stock valued at $37,243,000 after acquiring an additional 184,303 shares during the last quarter. CIBC Bancorp USA Inc. purchased a new position in Synaptics in the 3rd quarter worth approximately $280,000. Dark Forest Capital Management LP boosted its holdings in shares of Synaptics by 66.6% during the 3rd quarter. Dark Forest Capital Management LP now owns 89,338 shares of the software maker’s stock worth $6,105,000 after purchasing an additional 35,705 shares during the last quarter. Finally, XTX Topco Ltd acquired a new position in shares of Synaptics during the 3rd quarter worth approximately $700,000. Institutional investors and hedge funds own 99.43% of the company’s stock.

Synaptics Company Profile

Synaptics Incorporated is a global developer and supplier of human interface solutions for computing, networking, communications, and entertainment devices. The company specializes in the design, development and integration of custom chips and software that enable intuitive, natural user interactions. Synaptics solutions support touch, display, audio and biometrics functions, facilitating seamless human-to-machine interfaces across a broad range of end markets.

Key product offerings include touch controllers for laptops and tablets, capacitive touchscreens and display drivers for mobile devices, fingerprint sensors and secure authentication modules, as well as advanced audio processing and voice enhancement technologies.