Synaptics (NASDAQ:SYNA) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Synaptics Incorporated (NASDAQ:SYNA) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $75.37 and traded as high as $75.93. Synaptics shares last traded at $74.97, with a volume of 497,397 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. TD Cowen reissued a “buy” rating on shares of Synaptics in a research note on Friday, February 6th. JPMorgan Chase & Co. raised their price objective on Synaptics from $85.00 to $100.00 and gave the stock an “overweight” rating in a research note on Friday, February 6th. Oppenheimer reaffirmed a “market perform” rating on shares of Synaptics in a research note on Tuesday, December 16th. Needham & Company LLC raised their price objective on Synaptics from $100.00 to $105.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Finally, Craig Hallum reaffirmed a “hold” rating and set a $80.00 price objective on shares of Synaptics in a research note on Friday, February 6th. Ten investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Synaptics has an average rating of “Moderate Buy” and a consensus price target of $99.91.

Synaptics Stock Performance

The stock has a fifty day simple moving average of $79.02 and a 200-day simple moving average of $75.38. The stock has a market cap of $2.94 billion, a P/E ratio of -47.76, a PEG ratio of 3.00 and a beta of 1.71. 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, topping analysts’ consensus estimates of $1.15 by $0.06. The firm had revenue of $302.50 million during the quarter, compared to analysts’ expectations 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 in the prior year, the company earned $0.92 EPS. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. On average, equities analysts expect that Synaptics Incorporated will post 0.96 earnings per share for the current year.

Insider Transactions at Synaptics

In other Synaptics news, insider Vikram Gupta sold 772 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $81.57, for a total transaction of $62,972.04. Following the completion of the transaction, the insider owned 95,996 shares in the company, valued at approximately $7,830,393.72. This represents a 0.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Lisa Bodensteiner sold 576 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $84.93, for a total value of $48,919.68. Following the transaction, the insider owned 72,307 shares of the company’s stock, valued at approximately $6,141,033.51. This trade represents a 0.79% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 2,454 shares of company stock valued at $202,505. Corporate insiders own 0.50% of the company’s stock.

Hedge Funds Weigh In On Synaptics

Hedge funds have recently modified their holdings of the stock. CIBC Private Wealth Group LLC grew its holdings in shares of Synaptics by 119.5% in the 4th quarter. CIBC Private Wealth Group LLC now owns 349 shares of the software maker’s stock valued at $26,000 after acquiring an additional 190 shares in the last quarter. Leonteq Securities AG bought a new position in shares of Synaptics in the 4th quarter valued at about $43,000. Optiver Holding B.V. grew its holdings in shares of Synaptics by 40.2% in the 3rd quarter. Optiver Holding B.V. now owns 593 shares of the software maker’s stock valued at $41,000 after acquiring an additional 170 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in shares of 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 acquiring an additional 351 shares in the last quarter. Finally, Lazard Asset Management LLC bought a new position in shares of Synaptics in the 2nd quarter valued at about $54,000. Institutional investors 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.