AlphaQuest LLC Has $1.97 Million Position in Synaptics Incorporated $SYNA

AlphaQuest LLC lifted its holdings in Synaptics Incorporated (NASDAQ:SYNA) by 993.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,769 shares of the software maker’s stock after acquiring an additional 26,137 shares during the period. AlphaQuest LLC owned approximately 0.07% of Synaptics worth $1,966,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Fifth Third Bancorp increased its holdings in Synaptics by 443.1% in the second quarter. Fifth Third Bancorp now owns 630 shares of the software maker’s stock worth $41,000 after purchasing an additional 514 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in shares of Synaptics by 50.3% in the 2nd quarter. Nisa Investment Advisors LLC now owns 708 shares of the software maker’s stock valued at $46,000 after acquiring an additional 237 shares in the last quarter. Signaturefd LLC lifted its position in shares of Synaptics by 480.3% during the 2nd quarter. Signaturefd LLC now owns 708 shares of the software maker’s stock valued at $46,000 after acquiring an additional 586 shares during the period. Lazard Asset Management LLC bought a new position in Synaptics during the second quarter worth $54,000. Finally, GAMMA Investing LLC grew its holdings in Synaptics by 201.9% in the second quarter. GAMMA Investing LLC now owns 1,105 shares of the software maker’s stock worth $72,000 after purchasing an additional 739 shares during the period. Institutional investors own 99.43% of the company’s stock.

Insider Buying and Selling

In other news, insider Lisa Bodensteiner sold 336 shares of Synaptics stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $75.83, for a total transaction of $25,478.88. Following the sale, the insider directly owned 74,425 shares in the company, valued at $5,643,647.75. The trade was a 0.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Vikram Gupta sold 694 shares of the business’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $75.00, for a total transaction of $52,050.00. Following the completion of the transaction, the insider directly 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 SEC filing for this sale provides additional information. Insiders have sold 8,906 shares of company stock valued at $698,177 over the last ninety days. 0.50% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts recently issued reports on SYNA shares. TD Cowen lifted their price target on shares of Synaptics from $80.00 to $90.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Susquehanna lifted their price objective on shares of Synaptics from $95.00 to $105.00 and gave the company a “positive” rating in a report on Thursday, January 22nd. Rosenblatt Securities restated a “buy” rating and issued a $95.00 target price on shares of Synaptics in a report on Tuesday, November 11th. Mizuho set a $94.00 price target on shares of Synaptics in a research report on Friday, January 9th. Finally, Wall Street Zen lowered Synaptics from a “buy” rating to a “hold” rating in a report on Monday, January 5th. Nine analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $95.56.

Synaptics Stock Down 3.9%

SYNA opened at $82.51 on Friday. Synaptics Incorporated has a fifty-two week low of $41.80 and a fifty-two week high of $94.59. The firm has a market capitalization of $3.22 billion, a P/E ratio of -71.13, a PEG ratio of 3.60 and a beta of 1.71. The company’s 50-day moving average is $78.69 and its 200 day moving average is $71.64. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.86 and a quick ratio of 2.31.

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

Synaptics 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.