Synaptics (NASDAQ:SYNA) Given New $105.00 Price Target at Susquehanna

Synaptics (NASDAQ:SYNAGet Free Report) had its target price boosted by equities researchers at Susquehanna from $95.00 to $105.00 in a note issued to investors on Thursday, MarketBeat reports. The brokerage presently has a “positive” rating on the software maker’s stock. Susquehanna’s target price suggests a potential upside of 17.87% from the stock’s previous close.

Other analysts also recently issued research reports about the company. Barclays restated an “overweight” rating and issued a $100.00 target price on shares of Synaptics in a research note on Thursday, January 15th. TD Cowen boosted their price target on Synaptics from $80.00 to $90.00 and gave the company a “buy” rating in a report on Friday, November 7th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Synaptics in a research note on Wednesday, October 8th. Northland Securities boosted their target price on shares of Synaptics from $85.00 to $106.00 and gave the company an “outperform” rating in a research note on Monday, December 29th. Finally, Needham & Company LLC reissued a “buy” rating and set a $85.00 price target on shares of Synaptics in a report on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $95.56.

View Our Latest Report on Synaptics

Synaptics Stock Up 3.7%

NASDAQ:SYNA opened at $89.08 on Thursday. 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 company’s fifty day moving average price is $75.42 and its 200-day moving average price is $70.82. Synaptics has a 1-year low of $41.80 and a 1-year high of $94.59. The firm has a market capitalization of $3.47 billion, a P/E ratio of -76.79, a PEG ratio of 3.60 and a beta of 1.71.

Synaptics (NASDAQ:SYNAGet Free Report) last posted its earnings results on Thursday, November 6th. The software maker reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.03. The company had revenue of $292.50 million during 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 firm’s quarterly revenue was up 13.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.81 earnings per share. Synaptics has set its Q2 2026 guidance at 1.000-1.300 EPS. As a group, equities research analysts anticipate that Synaptics will post 0.96 EPS for the current year.

Insider Buying and Selling at Synaptics

In other news, insider Vikram Gupta sold 694 shares of Synaptics stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $75.00, for a total value of $52,050.00. Following the sale, the insider owned 100,082 shares in the company, valued at $7,506,150. This trade represents a 0.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Lisa Bodensteiner sold 7,182 shares of the business’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $78.68, for a total transaction of $565,079.76. Following the sale, the insider directly owned 75,542 shares of the company’s stock, valued at $5,943,644.56. This represents a 8.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 8,906 shares of company stock worth $698,177. Insiders own 0.50% of the company’s stock.

Institutional Investors Weigh In On Synaptics

Large investors have recently bought and sold shares of the company. Fifth Third Bancorp lifted its position in shares of Synaptics by 443.1% in the second quarter. Fifth Third Bancorp now owns 630 shares of the software maker’s stock valued at $41,000 after acquiring an additional 514 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in Synaptics by 143.9% in the 3rd 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. boosted its stake in Synaptics by 40.2% during the 3rd quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock worth $41,000 after purchasing an additional 170 shares during the last quarter. Signaturefd LLC grew its holdings in shares of Synaptics by 480.3% during the second 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. Finally, Nisa Investment Advisors LLC raised its position in shares of Synaptics by 50.3% in the second quarter. Nisa Investment Advisors LLC now owns 708 shares of the software maker’s stock valued at $46,000 after buying an additional 237 shares during the last quarter. 99.43% of the stock is currently owned by hedge funds and other institutional investors.

About Synaptics

(Get Free Report)

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.

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