Insider Selling: Synaptics (NASDAQ:SYNA) Insider Sells $65,620.00 in Stock

Synaptics Incorporated (NASDAQ:SYNA) insider Vikram Gupta sold 772 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $85.00, for a total transaction of $65,620.00. Following the sale, the insider owned 96,768 shares in the company, valued at approximately $8,225,280. This trade represents a 0.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Vikram Gupta also recently made the following trade(s):

• On Wednesday, December 17th, Vikram Gupta sold 694 shares of Synaptics stock. The shares were sold at an average price of $75.00, for a total value of $52,050.00.
• On Friday, December 12th, Vikram Gupta sold 694 shares of Synaptics stock. The stock was sold at an average price of $80.07, for a total value of $55,568.58.

Synaptics Trading Up 1.4%

NASDAQ:SYNA opened at $84.28 on Friday. The firm has a market capitalization of $3.26 billion, a P/E ratio of -53.01, a P/E/G ratio of 3.15 and a beta of 1.72. The business has a 50 day simple moving average of $82.84 and a 200 day simple moving average of $73.88. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.93 and a quick ratio of 2.33. Synaptics Incorporated has a 12-month low of $41.80 and a 12-month high of $97.00.

Synaptics (NASDAQ:SYNA) last posted its earnings results on Thursday, February 5th. The software maker reported $1.21 EPS for the quarter, topping the consensus estimate of $1.15 by $0.06. Synaptics had a negative net margin of 5.41% and a positive return on equity of 4.77%. The firm had revenue of $302.50 million during the quarter, compared to analysts’ expectations of $300.31 million. During the same quarter in the prior year, the firm earned $0.92 EPS. Synaptics’s quarterly revenue was up 13.2% on a year-over-year basis. Synaptics has set its Q3 2026 guidance at 0.850-1.150 EPS. Equities research analysts predict that Synaptics Incorporated will post 0.96 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Price T Rowe Associates Inc. MD boosted its holdings in Synaptics by 469.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 814,684 shares of the software maker’s stock worth $60,304,000 after purchasing an additional 671,647 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Synaptics by 10.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 6,529,713 shares of the software maker’s stock worth $446,241,000 after acquiring an additional 594,235 shares in the last quarter. Norges Bank acquired a new position in shares of Synaptics during the 2nd quarter valued at about $25,876,000. AQR Capital Management LLC raised its stake in shares of Synaptics by 186.2% in the 2nd quarter. AQR Capital Management LLC now owns 443,441 shares of the software maker’s stock valued at $28,744,000 after acquiring an additional 288,523 shares in the last quarter. Finally, Primecap Management Co. CA bought a new position in shares of Synaptics in the 4th quarter valued at approximately $15,670,000. Institutional investors and hedge funds own 99.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on SYNA shares. Needham & Company LLC increased their price objective on Synaptics from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Northland Securities increased their price target on Synaptics from $85.00 to $106.00 and gave the company an “outperform” rating in a research report on Monday, December 29th. Wells Fargo & Company upped their price target on shares of Synaptics from $95.00 to $100.00 and gave the company an “overweight” rating in a research report on Thursday, January 15th. Weiss Ratings reissued a “sell (d)” rating on shares of Synaptics in a research note on Thursday, January 22nd. Finally, Mizuho lifted their target price on shares of Synaptics from $94.00 to $103.00 and gave the company an “outperform” rating in a research note on Friday, February 6th. Ten analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $99.91.

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.