Synaptics (NASDAQ:SYNA) Insider Sells $24,993.22 in Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Lisa Bodensteiner sold 334 shares of the company’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $74.83, for a total transaction of $24,993.22. Following the sale, the insider owned 71,191 shares of the company’s stock, valued at $5,327,222.53. This trade represents a 0.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• On Wednesday, February 18th, Lisa Bodensteiner sold 576 shares of Synaptics stock. The stock was sold at an average price of $84.93, for a total value of $48,919.68.
• On Thursday, December 18th, Lisa Bodensteiner sold 336 shares of Synaptics stock. The stock was sold at an average price of $75.83, for a total value of $25,478.88.

Synaptics Price Performance

NASDAQ SYNA opened at $71.03 on Friday. The stock has a 50-day simple moving average of $82.86 and a 200 day simple moving average of $75.15. Synaptics Incorporated has a twelve month low of $41.80 and a twelve month high of $97.00. The stock has a market capitalization of $2.75 billion, a PE ratio of -44.67, a P/E/G ratio of 2.93 and a beta of 1.68. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.33 and a current ratio of 2.93.

Synaptics (NASDAQ:SYNA) last released its earnings results on Thursday, February 5th. The software maker reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.15 by $0.06. The firm had revenue of $302.50 million for the quarter, compared to analyst estimates of $300.31 million. Synaptics had a positive return on equity of 4.77% and a negative net margin of 5.41%.The company’s revenue was up 13.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.92 EPS. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. Research analysts anticipate that Synaptics Incorporated will post 0.96 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on SYNA. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Synaptics in a research report on Thursday, January 22nd. JPMorgan Chase & Co. increased their price target on shares of Synaptics from $85.00 to $100.00 and gave the company an “overweight” rating in a report on Friday, February 6th. Barclays restated an “overweight” rating and issued a $100.00 price target on shares of Synaptics in a research report on Thursday, January 15th. TD Cowen restated a “buy” rating on shares of Synaptics in a report on Friday, February 6th. Finally, Susquehanna upped their price objective on shares of Synaptics from $95.00 to $105.00 and gave the company a “positive” rating in a research report on Thursday, January 22nd. Ten analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $99.91.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Hsbc Holdings PLC increased its holdings in Synaptics by 115.0% in the 4th quarter. Hsbc Holdings PLC now owns 110,101 shares of the software maker’s stock valued at $8,219,000 after buying an additional 58,900 shares during the period. Pacer Advisors Inc. lifted its holdings in shares of Synaptics by 89.3% during the 4th quarter. Pacer Advisors Inc. now owns 9,706 shares of the software maker’s stock worth $718,000 after acquiring an additional 4,578 shares during the period. Mercer Global Advisors Inc. ADV boosted its position in shares of Synaptics by 9.8% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 4,678 shares of the software maker’s stock valued at $346,000 after acquiring an additional 418 shares in the last quarter. Vident Advisory LLC acquired a new stake in shares of Synaptics during the 4th quarter valued at about $363,000. Finally, Mackenzie Financial Corp bought a new stake in Synaptics in the fourth quarter valued at about $1,785,000. 99.43% of the stock is owned by institutional investors.

About Synaptics

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.